Ukrainian billionaire Dmitry Firtash plans to invest almost $250 million into his ZAT Krymskyi Tytan to double production of titanium dioxide in three years.
The plant, based in the Crimean region of Ukraine, wants to increase production of titanium dioxide, which is used to make paint, plastic, glass and other product, to an annual 125,000 tons by year-end, Firtash’s holding company Group DF said in an e-mailed statement today.
The plant currently makes 105,000 tons of titanium dioxide a year, according to the statement. In the future, Krymskyi Tytan will make as much as...
Albania stepped down several places in the list that the World Bank makes in the “Doing Business” annual report. The report that was published in Washington for 2012 moved Albania from the 77th place to the 82nd. The report gives details for improvements and reforms that did not function as it should.
The World Bank and the International Finance Corporation said that one of the problems that have not yet been resolved from businesses is to take construction permission. This stunt started since the beginning of 2009. In relation to this problem, the World Bank enlisted Albania...
A recovery in the value of residential properties in Estonia has been recorded by the country's statistical office.
Global Property Guide reported on the figures, which revealed that average house prices in the nation climbed by 10.6 per cent during the year ended in June 2011.
The increase comes after Estonia's housing market experienced significant fluctuations in property values, with meteoric rises between 2004 and 2006, followed by large falls until midway through 2010.
According to the publication, construction activity in Estonia is beginning to...
Strong tourism figures could help encourage investors to buy real estate in Portugal, with one expert noting that residential tourism in the country is set to grow.
Hugo Nascimento, sun and sea product manager at the Algarve Promotion Bureau, explained that the region has much to offer holidaymakers, including golf courses, warm weather and a new racing track.
Property investors may therefore be keen to seek out assets in close proximity to these amenities.
Mr Nascimento commented: "A lot of people from Britain and Ireland are buying property...
Anyone considering buying a property in Spain to live in needs to do plenty of research before committing to a purchase.
This is the opinion of journalist and author Anna Nicholas, who stressed the importance of visiting the country several times and planning each trip during a different season.
She noted that potential buyers need to look at all the amenities in the area, including healthcare facilities, transport links to the UK and schools - if they have children.
Ms Nicholas advised people to be cautious, particularly if they are considering...
