Ukraine and Algeria will create an intergovernmental commission on bilateral cooperation. “Within the framework of the political consultations, Ukraine and Algeria intend to sign a bilateral agreement on the establishment of the Joint Intergovernmental Commission on Bilateral Cooperation which is an effective tool to promote trade and investment, as well as to hold a business…
In January-September, the port of Ventspils handled 9.6 million tons of cargo, down 1.73-fold YoY, with the number of calls having decreased by 16%, to 989, the Port Authority statistics said. In 2019, the port increased its result by 0.8%. This year, the port’s throughput has been decreasing since January. Ventspils port is located near…
Kazakhstan is planning to cut down air communication with Ukraine, the UAE, Germany and Belarus, chief sanitary officer Yerlan Kiyassov has said. During an online press briefing, Kiyassov revealed that the plans would be implemented in the nearest future and were dictated by the worsening epidemiological situation in those countries. The move, in his words,…
Swedbank will relocate its head office building on Liivalaia Street in Tallinn’s Kesklinn district and move to the Hippodrome quarter in North Tallinn in 2024, bringing all of its departments under one roof. Head of Swedbank AS Olavi Lepp said the buildings on Liivalaia Street were too small and the bank had outlived its time…
Bayadera Group, one of the largest alcohol holdings in the Ukrainian market, completed the grape harvesting season in Koblevo (Mykolaiv region) on more than 2,000 hectares, having collected 9,500 tons, down by 9.5% YoY. According to the group’s press release, the harvesting campaign ended on October 7 and lasted for 1.5 months. Almost 70% of…
Oschadbank issued more than 800 mortgage loans worth over UAH 450 million in January-September, the bank’s press service reported. In the third quarter alone, Oschadbank’s clients received more than 400 loans worth UAH 240 million, the report said. “Since the beginning of this year, we have already invested almost half a billion hryvnias in the…
The National Bank of Kazakhstan predicts a 21.7% reduction of exports in the year 2020. In the first half of the year, the country’s current account balances ended with a surplus of $1.7 billion due to the reduction of earnings payable to foreign direct investors. However, account deficits of $4.2 billion are expected until the…