The Ukroboronprom State Concern has started creating the radar and electronic warfare cluster, the press service of the concern reported. The state-owned enterprise (SOE) Scientific and Production Complex Iskra is the leading enterprise of this cluster. A significant growth of sales volumes in 2017 for the needs of the Ministry of Defense of Ukraine was…
The private joint-stock company Fozzy Group (Vyshneve, Kyiv region), a part of Fozzy Group trade and industrial group, saw an 83.3% fall in net profit in 2017, to UAH 165.4 million. The company said that its assets fell by 16.6%, to UAH 1.572 billion. Debts decreased by 45%, to UAH 171.177 million. Undistributed profit rose…
AS Air Baltic Corporation will launch a new summer season route between Almaty and Riga on April 29, the airline’s press service reported. The new route will provide new convenient travel opportunities for passengers from the Baltic countries and Kazakhstan to the destinations of airBaltic’s route network that covers Europe, Scandinavia, Russia, and the Middle…
According to preliminary data of Statistics Estonia, the production of milk amounted to 791,800 tons in 2017, up by 1% YoY. The number of dairy cows increased slightly by the end of the year, and the average annual milk production per cow increased as well. On December 31, 2017 the number of bovines in Estonia…
Decision of the specialized interdistrict economic court of Almaty to forcibly terminate the activities of Kazinvestbank JSC entered into force on January 24, the press service of the Kazakhstan Deposit Insurance Fund (KDIF) reported. All deposits of individuals in Kazinvestbank JSC were transferred to DB Alfa-Bank JSC. KDIF will attract an agent bank for payment…
Myronivsky Hliboproduct (MHP) in 2017 sold 532,727 tons of poultry to external consumers, which corresponds to the level of 2016. According to the information of the agricultural holding on the website of the London Stock Exchange, in the fourth quarter of 2017 it sold 113,746 tons of chicken, down by 13% YoY, mainly due to…
A consortium of Enerparc AG and Rodina Energy Group has built a pilot solar power plant with a capacity of 1 MW near the Chornobyl nuclear power plant (NPP), Rodina Energy Group CEO Yevhen Variahin has said. “From the technical point of view, the construction has been completed. We are commissioning it. The plant is…