Ukraine: Ukrtransgaz to announce new tender to reconstruct compressor stations

Pubic joint-stock company Ukrtransgaz would announce a new tender to reconstruct compressor stations after revising the top priority directions for modernization of the Ukrainian gas transport system, Ukrainian Prime Minister Volodymyr Groysman said

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Moldova: economy to grow

The growth of the Moldovan economy will restore, but the quality of this growth will worsen in 2016-2017, Expert-Grup forecast says. According to another edition of research “MEGA – Analysis of the economic growth in Moldova”, which the Independent Analytical Center submits twice a year, Moldova’s GDP growth in 2016 will be 3

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Kazakhstan: EC removes all airlines from EU Air Safety List

The European Commission updated the European Union Air Safety List, removing all Kazakh airlines from it. “Today the European Commission updated the EU Air Safety List, the list of airlines that do not meet international safety standards, and are therefore subject to an operating ban or operational restrictions within the European Union

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Moldova: communications sector volume down in January-September 2016

Over the 9 months of 2016 the sales volume in the electronic communications sector of Moldova contracted by 3% to MDL 5,047,200,000. In particular, in Q3 the total sales volume on the markets of mobile telephony, broadband Internet access, fixed telephony, fixed Internet access, audio-visual retransmission, etc

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Ukraine: the exports of organic wheat up

According to the official customs statistics, in July-November Ukraine exported 34.2 thousand tons of organic wheat, up by 22% YoY. In the current season Germany (30% of the general volumes), the United Kingdom (22%), the Netherlands (15%) and Italy (14%) became the main countries-importers of the Ukrainian grain

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Ukraine: NBU retains refinancing rate at 14%

The National Bank of Ukraine (NBU) has retained refinancing rate at 14%. The bank has announced its decision to conduct the more moderate monetary policy to curb inflation consequences of the increase of the minimum wage to 3,200 UAH a month

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Moldova: Chisinau airport concession to be revised

Government is to examine an opportunity of revising the contract on concession of the Chisinau airport and lifting the airport modernization charge of EUR 9 per passenger

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Moldova: agroclimatic conditions and crops development

Cooler-than-usual weather with precipitation was observed from November 28 through December 4. The average weekly air temperature in Moldova was -1

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Ukraine: sugar exports exceed 335,000 tons in 2016

Ukrainian producers exported 335,250 tons of sugar worth $166.8 million for the 11 months of 2016. “In January-November Ukrainian producers exported 335,250 tons of sugar worth $166

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Lithuania lagging behind Estonia in OECD global education rating

Several Lithuanian universities and colleges offer identical or similar study programs, but the graduates end up being on different rungs of the ladder after the graduation, career opportunities-wise and in terms of the wage

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Azerbaijan: ICD supports economic reforms

The Islamic Corporation for the Development of the Private Sector (ICD) supports the economic reforms realized in Azerbaijan, Khaled Al-Aboodi, CEO and director general of the ICD, said

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Kazakhstan ranks 3rd in Asia by the areas of organic farming

Kazakhstan took the third position in Asia by the areas of organic farming, which exceeded 300 thousand ha, the Deputy Director of strategic planning and analysis department at the Ministry of Agriculture of the Republic of Kazakhstan Timur Nurashev declared

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Ukraine: mayonnaise output up in October 2016

Ukraine produced 10.8 KMT of mayonnaise in October, up b 1.1 KMT (11%) MoM. At the same time, its production contracted by 0.6 KMT (5.3%) YoY (11

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Ukraine: banks stabilizing at weak levels

The Ukrainian banking sector continues to face challenges in credit growth due to the burden of unresolved problem loans and solvency issues, Fitch Ratings has said in a press release referring to its report “Ukrainian Banks Dashboard 3Q16

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Ukraine: division of power lines for exporting power to Europe meeting sector rules

National energy company Ukrenergo has divided power lines for exporting electricity to Europe into separate lots (to export electricity to Hungary, Romania and Slovakia) in line with the sector rules, the press service of Ukrenergo has reported

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Bulgaria: corn harvesting progress

According to Bulgarian Ministry of Agriculture, as of November 24, 419 thousand ha of corn were threshed, 99.1% of the plan (423 thousand ha)

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Ukraine: prices for sunflower oil growing

Last week Ukrainian market of crude sunflower oil faced the bullish trend, due to a similar price trend on the export market of the product. As of December 8, the bid prices for sunflower oil in Ukraine mainly varied within the range of 21`500-21`800 UAH/ton EXW, up by nearly 200 UAH/ton WoW

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Moldova: currency exchange offices to change exchange rates twice a day

As from December 10, currency exchange offices of Moldova are entitled to change exchange rates twice within a working day provided it lasts more than 12 hours

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Azerbaijan: 14.5 million euro for SME development received

The European Union (EU) has allocated 14.5 million euros for Azerbaijan as part of the program on the country’s regional development, the Azerbaijani Economy Ministry said

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Ukraine: high moisture content of sunflower seed not to affect the work of oilseed processing enterprises

Due to unfavorable weather conditions during the harvesting campaign of oilseeds in Ukraine in the current year, the average moisture content of sunflower seed varied within the range of 12-20%, and in a few cases it even reached 30%

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