The stress test of the largest Ukrainian banks, held by the National Bank of Ukraine (NBU), has estimated the additional need of financial institutions for capital from UAH 35.2 billion ($1.4 billion) in the basic scenario to UAH 73.8 billion ($3 billion) in crisis. In the baseline scenario, the need for additional capitalization has been…
The SOCAR Polymer LLC, a subsidiary of Azerbaijan’s state oil company, will reach full capacity in the production of high-density polyethylene in 2023. According to the updated government forecasts, by the end of 2019, 48,200 tons of high density polyethylene and 110,000 tons of polypropylene will have been produced at the company’s plants. Meanwhile, the…
Coop Pank AS has submitted an application to the Nasdaq Tallinn Stock Exchange (TSE) for the listing of its shares on the Baltic Main List. The decisions of the TSE’s Listing Committee and Surveillance Committee made during the procedure will be announced separately, the stock exchange said. Coop Pank board chairman Margus Rink noted that…
Ministry of Industry and Infrastructure Development is working on attraction of new airline companies to the country in the “open skies” regime. On November 8 in Doha (Qatar) negotiations were held between the aviation authorities of the Republic of Kazakhstan and the State of Qatar. The Qatar delegation was represented by the President of the…
In January-October revenues from tourism fees grew almost 3-fold in Donetsk region compared with the relevant period last year, to UAH 2.3 million, the Main Department of the State Fiscal Service in Donetsk region reported. The department noted that the largest shares of revenues from tourism fees were transferred to the local budgets of resort…