Ukrainian solvent banks in January-May received UAH 12.812 billion ($488 million) in profit, which was twice the figure at UAH 6.851 billion ($261 million) YoY. Revenues of solvent banks over the period under review grew by 5.9% YoY, to UAH 78.275 billion ($3 billion), while expenses dropped by 2.4%, to UAH 65.463 billion ($2.5 billion),…
Reconstruction and expansion work at harbor Terminal D at Lootsi 13/14 in Tallinn has begun, and will continue for the best part of two years. Parts of the terminal will be closed to passengers as a result. The passenger harbor comes under the auspices of the Port of Tallinn (Tallinna Sadam), a hitherto state-owned company,…
The parliament has adopted an updated the National Energy Independence Strategy. The strategy has been updated after six years. In the document, Lithuania sets itself a long-term goal to produce all power for its needs, with a particular focus put on the development of clean energy. The document was backed by 103 Lithuanian lawmakers, with…
A contract on the delivery of 140 tractors Belarus was signed in Novosibirsk on June 24 as the Russian city celebrated its 125th anniversary, Director General of MTZ-Siberia Trading House Dmitry Belaits declared. The Minsk Tractor Plant (MTZ) will supply 140 tractors Belarus for the needs of agricultural producers and municipal services of the city.…
About UAH 2 trillion is needed to carry out major repairs of all roads connecting populated areas across Ukraine, according to Oleksandr Kava, an adviser of the head of the State Automobile Roads Agency Ukravtodor. “As for the roads where patch works are carried out, this is a compulsory measure to ensure possible driveway on…
The controlling stake in the state-owned enterprise Turboatom is not subject to privatization, Prime Minister of Ukraine Volodymyr Groysman stated during the Government Question Hour meeting. “This enterprise is on the list of privatization, but conditions for its sale, which means the sale of its part, will be determined by a relevant resolution of the…
Belarus is ready to supply 20,000 tons of beef to China annually, Aleksei Bogdanov, Head of the Central Office for Foreign Economic Activities of the Belarusian Agriculture and Food Ministry, reported. “In terms of beef supplies to China we are limited by the number of certified companies. For the time being there are only two…