Assets of solvent banks in Ukraine, excluding the insolvent financial institutions, in January-June fell by UAH 18.375 billion ($715 million), or by 1.5% YoY, as of July 1, 2017, to UAH 1.238 trillion, or $48.2 billion, according to the National Bank of Ukraine. The assets decreased by UAH 11.655 billion ($453.5 million), or by 0.9%…
Tallinn public transportation company Tallinna Linnatranspordi AS (TLT) is to begin testing the fully electric Solaris Urbino 12 Electric bus in the capital city on August 15. “Solaris Urbino 12 Electric is the factory’s prototype bus, which will be used for introducing the technological solution of a fully electric bus as well as assessing its…
Continuing established cooperation, State Revenue Service and Association of Hotels and Restaurants of Latvia will form a joint work group to propose legislative initiatives, SRS representatives say. On August 11, SRS met with leading officials of LVRA. According to SRS, the meeting helped address several important cooperation matters. An agreement was also reached in regards…
Antonov State Enterprise (Kyiv) has set a goal of passing the certification at the Federal Aviation Administration of the United States (FAA) by late 2020 and ensuring the switch of production facilities to NATO standards, the press service of the enterprise reported. According to the report, the goals are outlined in the production development plans…
World Bank (WB) forecasts the grow of 0.5% to 1% of the Azerbaijan’s economy in 2018, head of the bank’s Baku office Naveed Hassan Naqvi said. This year, Azerbaijan’s economy will probably contract by 1-1.5%, he said. “Unfortunately, Azerbaijan is overly dependent on oil,” he noted. “Nonetheless, oil prices decline and subsequent devaluation of the…
Dnipro Electric Transport municipal enterprise (Dnipro) announced two tenders to buy 25 new 12-meter low-deck trolleybuses made in 2017 for UAH 141.3 million (VAT included). According to the ProZorro e-procurement system, at one tender the enterprise wants to buy 13 battery-driven trolleybuses for UAH 74.1 million. Bids can be submitted until September 11. The auction…
The banking system of Ukraine (solvent banks as of the reporting date) in January-June saw UAH 1.85 billion of net loss, the National Bank of Ukraine (NBU) has reported on its website. The NBU also recalled that in Q1 profit of the banking system was UAH 4.1 billion (taking into account adjusting entries as of…