The National Bank of Ukraine (NBU) allowed the liquidation of Finexbank (Kyiv) at the initiative of the owners. According to the regulator’s website, on November 17, Finexbank had sufficient liquidity to make payments to clients. The volume of highly liquid assets amounted to 21 million UAH, while total liabilities were 6.5 million UAH, in particular…
Ukraine’s Cabinet of Ministers is creating an ad hoc working group to analyze the situation in the aerospace sector and draw up mechanisms for increasing its management efficiency, Ukrainian Prime Minister Volodymyr Groysman has said. Groysman, speaking in parliament, knocked at the effectiveness of the aerospace sector management. He said that the sector enterprises with…
Ukrainian agrarians have to increase the share of alternative crops in the structure of agricultural production, including pulses, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared. According to him, cultivation of pulses allows diversifying agricultural crops production and improving the soil quality. For example, India is one of the largest countries-importers…
Since the beginning of 2016, Kazakhstan exported nearly 7 million tons of grains including flour in grain equivalent, the Vice Minister of Agriculture of the Republic of Kazakhstan Gulmira Isayeva declared. According to her, in the current year the country produced a record grain harvest – 23.7 million tons, with the average yield of 1.54…
Deputy Chairman of Gazprom Management Board Vitaly Markelov held talks with Iran’s Deputy Minister of Oil Amir-Hossein Zamani-Nia, who arrived in Moscow to convince Russian companies to invest in the Islamic Republic’s oil and gas projects. Also, negotiations dwelt upon the increase of gas supplies from Iran to Armenia, whose gas transportation system was controlled…
On November 15, Konecranes and the Georgia Ports Authority (GPA) celebrated the 1000th RTG crane manufactured by Konecranes. The Port of Savannah took delivery of it in August at the Garden City container terminal. In honor of the occasion, the 1000th Konecranes RTG was specially painted with a “stars and stripes” design, mirroring the U.S.…
The European Bank for Reconstruction and Development (EBRD) is providing a loan for water upgrade in yet another Kyrgyz city, Kyzyl-Kiya under its framework to support water and wastewater modernization in the Kyrgyzstan, the bank reported. The investment will be co-financed by the European Union’s Investment Facility for Central Asia (IFCA), which also has a…