Ukraine has successfully tested the new 152mm artillery ammunition produced by the state-owned Kyiv-based Artem, which is a part of the country’s major arms producer UkrOboronProm. Thus, Ukraine has secured own production of large caliber artillery ammunition, according to Pavlo Bukin, CEO at UkrOboronProm (UOP). Commenting on the results of the latest tests, Bukin said…
In January-February the number of passengers carried by Ukrainian airlines rose by 8.8% YoY, and the passenger traffic flow through Ukrainian airports increased by 19.3%, according to the State Aviation Service of Ukraine. “In January-February the volume of passenger-carrying operations of Ukrainian airlines increased by 8.8% and totaled 1,344.4 thousand people. The volume of international…
Last month 171,100 passengers passed through Tallinn Airport, 14.4% more than in February of last year. 169,300 were on international flights and 1,700 on domestic flights, the airport said. Approximately 154,000 passengers passed through the airport on regular flights and 17,100 on non-regular flights. The number of flights in Tallinn rose by 7.1% YoY, to…
The Belarusian tractor manufacturer MTZ intends to sell more tractors to North America in the next few years. MTZ Director General Fyodor Domotenko made the relevant statement as he met with a delegation of dealers from Canada and the USA. MTZ started exploring North America in the 1970s. The company used to sell thousands of…
In 2018 real GDP growth in Kyrgyzstan is expected to amount to 5.5%. The report of the National Bank on the monetary policy for the fourth quarter of 2017 says. It is noted that in 2018 and 2019 Russia’s GDP growth is expected to be about 1.9%, the economy of Kazakhstan – about 3.2% and…
The united power grid of Ukraine today can accept up to 3 gigawatts (GW) of new capacity of solar power plants and wind farms without an unbalanced response risk and serious changes to its structure, Ukrenergo Head Vsevolod Kovalchuk said at a roundtable in the Verkhovna Rada. According to him, this installed capacity of renewable…
The actual inflation in Ukraine in February 2018 from February 2017 was somewhat higher than the Central Bank’s benchmark announced in January. “In general the current dynamics of consumer inflation and its components indicate that inflationary pressure remains significant. At the same time, its amplification in February was curbed by the strengthening of the hryvnia,…