Investments made in Azerbaijan’s regions exceeded 8 billion manats ($4.7 billion) in 2019, Economy Minister Mikayil Jabbarov said, while summing up the results of the first year of implementation of “The State Program on socio-economic development of the regions of Azerbaijan in 2019-2023”. “In 2019, 7.2 billion manats were allocated for the implementation of “The…
Tbilisi City Hall has announced it will launch a rehabilitation effort for two of the capital city’s cultural heritage monuments, with 19th century-built National Palace and Cadet Corps venues to be safeguarded this year. Located along the central Shota Rustaveli Avenue, the two buildings will go under a two-year, 25-million GEL (about $8.7 million or…
Swedbank has been experiencing some issues with its banking services, and is working to resolve the problems, the bank says. The bank has also said it is conducting scheduled overnight work, which could cause additional disruption. Ede Raagmets, Head of Swedbank’s Customer Services Division, said on February 5 that various banking services had been hit…
Ukraine’s Windrose Airlines will launch direct flights between Kyiv and Zagreb (Croatia) from June 2, Ambassador of Ukraine to Croatia Vasyl Kyrylych has said. “Croatia and Ukraine are closely connected by the past and the present. This connection will be strengthened by direct flights from Kyiv to Zagreb from June 2 by Windrose Airlines,” the…
Lviv Danylo Halytskyi International Airport in January boosted its passenger flow by 28.6% YoY, to 163,400 people. The airport over the period under review serviced 143,400 passengers flying on international routes and 20,000 people on domestic ones, the airport’s press service wrote on Facebook. The number of outbound and inbound flights rose by 6%, to…
For several years, the government of Uzbekistan has been actively working at developing the agricultural sector and improving the investment climate. In 2019, the volume of raised foreign investments in the country’s economy more than tripled. In particular, investors from Europe, China, Russia and other countries increased their attention to cooperation with Uzbekistan, and realization…
Latvia’s economy would benefit from some new bank entering the market, said Finance and Capital Market Commission (FKTK) head Santa Purgaile. In spite of claims that there are too many banks in Latvia, she believes it is possible for banks working in a specific niche to work together in the country. Purgaile says that although…