In April, slightly more than 10,000 new passenger cars were registered in Ukraine, up almost 3-fold YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom). According to the association, compared to March, demand for new cars grew by 11%. In April, Toyota cars had the largest demand, with 1,618 cars registered, almost four times…
Latvijas Gaisa Satiksme (LGS) and telecommunications company Latvijas Mobilais telefons (LMT) have signed a memorandum of understanding on cooperation for research and development projects, as confirmed by both companies. As part of this memorandum, LGS and LMT will work on various solutions for the development of safe and convenient UAV traffic together. The memorandum provides…
Riigikogu speaker and former prime minister Juri Ratas’ criticisms of the recently-unveiled state budget strategy are puzzling, given he has been involved in discussions on the topic and his party, Center, is one of the two coalition partners which reached an agreement on the strategy, Prime Minister Kaja Kallas (Reform) says. “It is strange when…
The President of Kyrgyzstan signed a new Constitution on May 5. Then Sadyr Japarov addressed a message to the people. He noted that the energy sector needed a large-scale technological modernization, requiring significant investments, and it was necessary to ensure uninterrupted supply of electricity, heat and the country’s energy security. “The growing demand for energy…
A draft directly related to the responsibility of heads of organizations for the late publication of financial statements, as well as the prevention of violations of the law on accounting was under scrutiny by Uzbek MPs. The draft reflects the norms aimed at strengthening responsibility for the organization of accounting. “Timely and high-quality presentation of…
The First Ukrainian International Bank (FUIB) received UAH 1 billion in net profit in the first quarter of 2021, up by 23% YoY. The bank’s operating income in Q1 amounted to UAH 2,412.6 million against UAH 2,041.2 million in 2020. FUIB’s net interest income rose by 21%, to UAH 2,029.1 million. FUIB’s net commission income…