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…
PJSC Agrarian Fund starts exporting flour to the countries of South America. The first contract on delivery of 96 tons of straight white wheat flour has been concluded. This is reported by the press service of the PJSC Agrarian Fund. “The Agrarian Fund continues developing the export direction. We are opening new markets, in particular,…
The issues of improving the pricing policy in Turkmenistan were discussed at the meeting of the country’s Cabinet of Ministers. Turkmenistan’s Deputy Prime Minister Bashim Khojamammadov said at the meeting that it was envisaged to entrust several structures with the compilation of price digests for the respective types of goods in this sphere. Moreover, an…
The price rise for butter in Latvia was affected by multiple factors. As a result, the price of butter grew to EUR 3-4.5 thousand per 1 ton in the second half of 2016. This year, however, the price has already grown to EUR 6.3 thousand per 1 ton, as reported by Latvian Association of Traders.…
During the meeting between Danish ambassador in Latvia Hans Brask and Riga Freeport CEO Ansis Zeltins, the two officials discussed the possibility of creating a new cargo and passenger ferry line between Denmark and Riga, as confirmed by the freeport’s representative Vita Gerharde. She said the ambassador visited Riga Freeport on August 9. The main…