Ukrainian defense budget in 2019 should amount to at least UAH 119 billion ($4 billion), according to Chief of the General Staff of the Armed Forces of Ukraine, Viktor Muzhenko. “We calculated that this should be about UAH 112 billion, a minimum required for the Army, while we are currently seeing the funding will be…
Ernest Airlines will launch two direct flights from Kharkiv to Italy in 2019. This was discussed at the meeting of First Deputy Chairman of the Kharkiv Regional State Administration Mark Bekker with Ernest Airlines Business Development Director Chady El Tannir. “The first Ernest Airlines flights from Kharkiv will be launched in March 2019 on two…
TLG Hotell OU, subsidiary of the publicly-listed Estonian shipping group Tallink Grupp, has commenced expansion and refurbishment work to the Tallink Spa & Conference Hotel and Tallink Express Hotel at Sadama 9, in the immediate vicinity of passenger ferry terminal A. A fifth level is to be added to the Tallink Express Hotel (“the express…
The assets of Versobank, currently under liquidation, exceed its known liabilities, and all bank deposits will be compensated in full, the bank’s liquidators said. To date, over EUR 177 million have been paid out to the depositors. “In June and ahead of the due date, we decided to compensate to all customers the deposits and…
Azerbaijan’s GDP volume reached almost 43.48 billion manats in January-July, up by 0.2% YoY, according to a report of the State Statistics Committee. The volume of GDP per capita stood at 4,436.3 manats. In January-July the volume of GDP produced in the non-oil sector of Azerbaijan increased by 0.9%, while in the oil and gas…
Ukrainian acting Minister of Agrarian Policy and Food Maxim Martynyuk has called for more trade relations with Iran in various spheres, particularly between the food industries. Martynyuk, at a meeting with Iran’s Ambassador to Kiev Mohammad Beheshti, said that Ukraine saw Iran not only as an important partner, but also as a main regional country.…
Meat production in Ukraine in January-June totaled 1.78 million tons (live weight), down by 0.3% YoY. Milk production in the country in H1 declined by 2%, to 6 million, while egg production grew by 2.6%, to 9.65 billion eggs, the State Statistics Service of Ukraine said. The data excluded reports from temporarily occupied areas in…