Estonian state-owned flag carrier Nordica transported 61,000 passengers in October, marking a 67% increase YoY. The flag carrier also retained the largest market share of airlines with flights departing from Tallinn at 27%, according to a company press release. Nordica operated a total of 1,146 flights in October, with 98% of all planned flights taking…
The central bank intends to reduce the refinancing rate to 10% per annum in 2018, Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur said on the sidelines of the KEF 2017 conference Foundations of the Future on November 2. The National Bank’s draft monetary management policy for…
There is no need to increase the limit of electricity consumption. This was announced at the meeting in the government on the preparation of the population and sectors of the economy for the heating season 2017-2018 by the director of the State Agency for Regulation of the Fuel and Energy Complex Taalaibek Nurbashev. According to…
The European Union (EU) and Azerbaijan must focus on the expansion of agricultural trade volume, head of the EU Delegation to Azerbaijan Kestutis Jankauskas said. He said that despite EU being the main trade partner of Azerbaijan, the trade turnover volume in agricultural sector was low. “Export of agricultural products from Azerbaijan to the EU…
Since the beginning of 2017-2018 MY, and as of November 1, Ukraine exported nearly 14 million tons of grains, down by 1 million tons YoY, the Head of the State Service of Ukraine for Food Safety and Consumer Protection (SSUFSCP), Volodymyr Lapa within frames of the second conference “Grain exports from Ukraine” declared. He noted…
Ukraine’s honey exports hit an all-time high in the first nine months of 2017 on the back of the increased demand in the United States and Europe, according to an official from the United Nations Food and Agriculture Organization (FAO). According to Anna Burka, the FAO consultant, Ukraine supplied abroad a record of 46,200 tons…
Northeastern Estonia-based shale oil producer Viru Keemia Grupp (VKG) lost in court in an oil shale dispute against state-owned energy group Eesti Energia and the Estonian Competition Authority. Tallinn Administrative Court decided not to satisfy a claim filed by VKG AS and VKG Oil AS regarding the termination of a supervision proceeding. The Estonian Competition…