The Deposit Guarantee Fund has extended the term of liquidation of three banks – JSC Commercial Bank Union, JSC Commercial Bank Expobank, and JSC Commercial Bank TK Credit, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision dated March 15, No. 741, to extend the term of liquidation…
Armenia’s government debt decreased by 0.6% in February, official data reveals. According to information provided by the finance ministry, the country’s debt totaled $6.898 billion in January and dropped to $6.851 billion the next month. The foreign debt is down by 0.2% in the reporting period, decreasing from $4.963 billion in January to $4.950 in…
The management of the BelGee factory is intent on enabling conditions for the future development of the enterprise, Belarusian First Deputy Industry Minister Gennady Svidersky said, who is the acting director general of the enterprise now. The executive said: “Making cars, which can compete on the global market, is the key task for us. If…
According to a study about the viability of a boat service between Estonia’s largest island and Latvia, commissioned by the NGO Saarte Koostookogu from OU Arenguruum, opening a ferry service would be socio-economically profitable but would rather be unprofitable when carried out only on a commercial basis. The study included analyzing the possibilities of opening…
Tractebel Engineering from ENGIE Group in a preliminary feasibility study for building a ground solar power plant with a capacity of 1.2 GW in the exclusion zone around Chornobyl nuclear power plant (NPP) offers a modular concept of building eight 150 MW substations. “We understand that the north of Kyiv region is not the best…
Antonov State Enterprise (Kyiv) saw an 85.43% rise in net profit in 2017 under Ukrainian accounting standards, to UAH 330.22 million. According to a financial report for 2017 posted on the company’s website, net revenue grew by 66.4%, to UAH 6.052 billion. Antonov is the leading Ukrainian developer and manufacturer of aircraft, a recognized world…
For the last one and half month the price tendency on rapeseed market of Kazakhstan has been stable due to the sufficient supply of the product from the farmers. Since the beginning of February the bid prices on rapeseed have been declared usually in the range of 110-125 thousand tenge per ton CPT. (APK-Inform/Business World…