According to the preliminary data, Belarus’ gold and foreign currency reserves totaled $7,266 million as of October 1, if calculated in accordance with methods of the International Monetary Fund, the Information and PR Department of the National Bank of the Republic of Belarus reported. In September the country’s gold and foreign currency reserves went up…
Azerbaijan’s banks will get bigger in 2018, through the ongoing consolidation as well, Anar Hasanov, first deputy chairman of Azerbaijani AccessBank’s Management Board, said. “I believe that new bank merger cases will occur on the market in 2018,” he declared. “The banking sector is moving in this direction and local banks will be enlarged. It…
While Estonia’s modern eastern border with Russia was initially planned to be completed by 2018 or 2019 at the latest, currently even test sections of the border have not yet been finished. Last November, then-Minister of the Interior Hanno Pevkur (Reform) said that the Estonian government had set the ambitious goal of building the new…
In January-September seaports of Ukraine handled 98 million tons of cargo, up by 1.3% YoY, says press center of Ukrainian Sea Ports Authority. Transshipment of export cargo totaled 74.4 million tons (+2.3%), including 29 million tons of grain (+11.2%), 15.5 million tons of ore (-10.4%), 10.1 million tons of mining and metal products (-19.1%) and…
According to preliminary statistics figures, during the first 3 months of 2017-2018 MY (July-September) Ukraine exported 117.5 thousand tons of wheat flour, up by 24% YoY. In particular, in September the exports totaled 44.9 thousand tons, which broke a monthly record for the product shipments from the country in 10 recent years. (APK-Inform/Business World Magazine)
Due to increased demand, TS Laevad, the Port of Tallinn subsidiary which operates ferry routes connecting Saaremaa and Hiiumaa to the Estonian mainland, will operate its Virtsu-Kuivastu route with three large ferries on October 15, bringing in the Tiiu to increase capacity on the route that day. On October 15, the Tiiu will serve the…
The total volume of state aid handed out in Estonia in 2016 fell by 8%, to EUR 199.6 million, with the share of the total volume of state aid in GDP decreasing by 0.12%, to 0.95%. A total of EUR 150.9 million in the form of support, or 75.6% of the total volume of state…