A German-capital road infrastructure company, Saferoad Baltic, has been established in Lithuania. Saferoad Baltic is led by Marcin Baginski, according to the Lithuanian Center of Registers. Its authorized capital amounts to 500,000 euros. Saferoad Baltic’s sole shareholder is the company’s Polish branch Saferoad RRS Polska. According to Saferoad’s website, the company provides safe transport infrastructure…
Prime Minister Nikol Pashinyan has invited Italian businessmen to participate in the economic rise of Armenia at the inaugural Armenia-Italy Business Forum in Yerevan. He said that a leap development of the economy was among the government’s priorities. “One year ago an unprecedented, non-violent, Velvet Revolution took place in Armenia. During the past year we…
The State Program for the Development of Industry in Azerbaijan for 2015-2020 and the successful industrialization policy are yielding positive results, Azerbaijani Economy Minister Shahin Mustafayev said. For example, non-oil industrial production in 2015 increased by 8.4%, in 2016 – by 4.8%, in 2017 – by 3.7%, and in 2018 – by 9.1%, he noted.…
The Boryspil International Airport (Kyiv) in January-May increased passenger flow by 18.1% YoY, to 5.168 million people, the airport’s press service says. At the same time, passenger traffic on international flights amounted to 4,755 million people (+19.1%), and on domestic – 412,900 (+7.5%). In January-May the airport serviced 40,502 flights (+11.2%), including 35,215 international and…
PJSC Ukrzaliznytsya after negotiations that took place in Munich (Germany) with the global partners plans to organize several new international container trains, the CEO of Ukrzaliznytsya Evgeniy Kravtsov informed. “During the meetings we discussed joint projects on creation of the complex products on the organization of a container trains from Ukraine to the main terminals…
The Road Administration authority has declared the procurement procedure in the Tallinn-Kuressaare flight route, linking the capital of Estonia’s largest islands to the mainland, invalid, leaving it unclear who will be operating the route in future. The issue surrounds the awarding or otherwise of the contract to Regional Air, a subsidiary of Estonian carrier Nordica.…
The World Bank (WB) has maintained the forecast of GDP growth in Azerbaijan in 2019 at the level of 3.3%, based on the bank’s June report “Global Economic Prospects”. According to the report, WB confirmed the acceleration of GDP growth in Azerbaijan in 2020 to 3.5%, and in 2021 – to 3. %. In general,…