The State Enterprise Antonov, a part of the State Concern Ukroboronprom, continues to increase net income from product sales. The enterprise has increased its profitability 4-fold since 2015, the press service of Ukroboronprom reports. “In 2017 this figure, according to operational data, amounted to UAH 5.9 billion, up 1.6-fold YoY. Antonov also increased net profit,…
According to the preliminary data, Belarus’ gold and foreign exchange reserves totaled $6,477 million as of February 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. In January the country’s gold and foreign exchange reserves went down by $837.9 million (11.5%). “The January decrease in Belarus’ international…
Trade turnover between Armenia and Switzerland grew 3.6-fold in 2017, Armenian Prime Minister Karen Karapetyan said at a meeting with Dominique de Buman, President of the National Council of the Swiss Confederation. “We should consistently build on our achievements in bilateral economic ties,” the PM said. “We are confident that Armenia may attract Swiss capital,…
The Director of the Bishkek Heating and Power Plant, Andrey Voropayev, guarantees that the breakdown will not happen again. He said this at a meeting of the Bishkek City Council. The deputies asked about possibility of repetition of an extraordinary situation at the HPP. Andrey Voropayev assured that the probability was minimal. “Modernization of HPP…
The state-owned enterprise Mariupol maritime Merchandise port (Donetsk region) handled 5.882 million tons of cargo in 2017, down by 15.5% YoY. The enterprise’s press service reported that over the period the port saw over UAH 186 million in net profit. “Among the difficulties that the port had to cope with in 2017 was the low…