In January-March the production volumes of flour in Ukraine totaled 475 thousand tons, an increase of 0.6% compared with the same period last year, the State Statistics Service of Ukraine reported. Also, in the reporting period Ukraine significantly increased the production of crude sunflower oil, which reached 1.448 million tons, up by 35.7% YoY. The…
Compared to February, the average level of producer prices in Latvian industry grew by 0.1% in March. The prices of products sold on the domestic market dropped by 0.1%, whereas the prices of exported products increased by 0.3%. The prices of products exported to euro area countries grew by 0.2% and of products exported to…
Tajikistan will purchase 1,500 Peugeot 301s and 500 JAC S3s assembled in Kazakhstan in order to renew Dushanbe’s taxi fleet. Tajikistan’s Holding Asia Group Tajikistan and Kazakhstan’s AllurGroup have signed a memorandum of understanding on cooperation. Holding Asia Group Tajikistan will purchase 1,500 Peugeot 301s and 500 JAC S3s from AllurGroup. AllurGroup is expected to…
The Ministry of Labor held an extended meeting devoted to the results of operations for the first quarter of 2017 and unconditional execution of the Program of employment of the population for 2017. 39.8 thousand jobs were created in the period from January to March. 2 thousand unemployed citizens received vocational training, and 1.2 thousand…
The reconstruction of Toktogul hydropower plant will not affect the tariffs for electricity in Kyrgyzstan, the head of the State Committee for Industry, Energy and Subsoil Use Duishenbek Zilaliev declared. According to him, the third phase of the project provides for the replacement of two remaining turbine units of the plant with an increase in…
The international rating agency Fitch Ratings has affirmed Kazakhstan’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at ‘BBB’ with Stable Outlooks. The issue ratings on Kazakhstan’s senior unsecured foreign-currency bonds have also been affirmed at ‘BBB’, Fitch said. The Short-Term Foreign- and Local-Currency IDRs have been affirmed at ‘F2’. The Country Ceiling has been…
PASHA Bank’s share in the Azerbaijani banking market in terms of volume of assets reached 10% as of late 2016, Taleh Kazimov, the bank’s CEO and chairman of Executive Board, declared. The bank’s share in terms of the volume of the loan portfolio reached 5.5%, he said on April 25. In 2016, PASHA Bank’s assets…