Profits of Ukraine’s state-owned banks in January-June amounted to UAH 19.5 billion ($775.04 million), which was 65% of the profit of the entire banking sector. The Ministry of Finance of Ukraine said, at the same time, almost 60% of all profits in terms of assets were generated by Ukraine’s largest PrivatBank (UAH 18.3 billion, or…
Azerbaijan’s Carbamide Plant is going not only to improve productivity in the agriculture sector of the country, but also to become one of the main suppliers of fertilizers worldwide. Azerbaijan exported 33,970 tons of carbamide worth $5.4 million in the first half of 2019. All exports accounted for the second quarter of this year. The…
The Sunni community of Vilnius plans to build a small mosque. The construction is to cost between 7 and 8 million euros and is to be finished within the next few years. Lithuania’s National Land Service has given the Vilnius Sunni religious community the right to use a 8,4000-square-metre land plot free of charge for…
The average monthly wage rose to EUR 1,419 per month in the second quarter of 2019, figures released by Statistics Estonia showed. Compared to the same time period last year the average monthly salary increased by 7.4%. The average hourly gross wage was EUR 8.22 euros, up by 9%. The average monthly gross wages and…
In the first half of 2019 the growth of capital investments into the Ukrainian economy made up 13%, compared with the relevant period last year, according to the data provided by the State Statistics Service. In particular, in January-June capital investments into the Ukrainian economy amounted to almost UAH 234 billion (+13.1%), of which UAH…