Azerbaijan: wine production to increase by 2024

The Azerbaijani government predicts to increase its wine production by 2024, boosting the profitability and export potential of this sector. Winery occupies one of the most important places in the food industry in Azerbaijan. The country is famous for its high quality grape varieties. At present, about 40 winemaking enterprises operate in Azerbaijan, producing natural…

Ukraine: Ukreximbank head detention not to affect work

The Supervisory and Management Boards of Ukraine’s state-owned Ukreximbank have assured that the detention of the bank’s head, Oleksandr Hrytsenko, by the SBU Security Service of Ukraine will not affect the financial institution’s work. “The Supervisory Board and the Management Boards of the bank continue ensuring the financial institution’s efficient operation and guarantee its customers…