Uzbekistan: list of most profitable and unprofitable SOEs unveiled

Uzbek state agency UzAssets has unveiled the list of the most profitable and unprofitable state-owned enterprises (SOEs) in the country. The number of SOEs in the country currently stays at 2,578. Top-10 by profit: Almalyk mining and metallurgical complex – $370.9 million, Uzbekneftegaz – $323.3 million, Ferghanaazot – $27.8 million, Uzmetkombinat – $20.8 million, Hududgaztaminot…

How To Save Money In 2021

If you are looking to save some money this year, you are on the right path. Nobody really knows what’s going to happen with the pandemic, so you may as well secure your future on your own. By saving more money, you can allow yourself to not worry about how you are going to live…

Ukraine: over 10,000 new cars bought in April 2021

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…

Latvia: Latvijas Gaisa Satiksme and LMT to create solutions for UAV traffic development

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…

Estonia: ex-PM criticizes budget strategy

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…