Ukraine’s state-owned salt-producing enterprise Artemsil received UAH 10 million in net profit in January-March, up 5-fold YoY, the company’s press service reported. The net income of Artemsil amounted to UAH 437.5 million, up almost 1.5-fold. The net financial result amounted to UAH 10.1 million, up by UAH 8 million. In 2021, the company is planning…
The government approved the state budget strategy for 2022-2025, after the two coalition parties, Reform and Center, reached agreement during negotiations this week. Minister of Finance Keit Pentus-Rosimannus (Reform) said a week ago that the state budget strategy’s main aim for the four years was to support important reforms. To that end, it has set…
The global shortage of empty containers has reached Latvia as well, according to companies active at Riga Freeport. The freeport authority’s Public Relations and Marketing Office head Liene Ozola mentions that the shortage of empty containers is the direct consequence of the Covid-19 pandemic. Industry experts said that under the pandemic the traditional logistical chains…
GDP of Kyrgyzstan is forecast to reach 3.5% until the end of 2021, the Asian Development Outlook 2021: Financing Green and Inclusive Recovery says. Its growth may reach 5% in 2022, as restrictions associated with the coronavirus pandemic ease and economic activity recovers in the countries – main trading partners of Kyrgyzstan. The forecast may…
Uzbek Transport Minister Ilham Makhkamov has commented on the privatization of Uzbekistan Airways. He said that prior to the privatization, the government should work on increasing the attractiveness of the company for investors. “Our main goal should be selling the airline at a good price. All the aircraft purchased in until today were brought using…
Trade between Ukraine and China in 2020 increased by 20.5%, to $15.4 billion. That’s including the exports that doubled to $7.1 billion, according to the Deputy Minister of Economy, Ukraine’s Trade Representative Taras Kachka who spoke with China Ambassador Fan Xianrong. “China is Ukraine’s key trade partner in the Asian region. Over 2020, trade turnover…