The average monthly salary in Azerbaijan is expected to have increased to 850 manats ($500) by 2024. According to forecasts, the average monthly salary will have amounted to 620.4 manats ($365) by late 2019, 716.7 manats ($421.71) in 2020, 768.6 manats ($452.25) in 2021, 809.2 manats ($476.14) in 2022, and 849.9 manats ($500) in 2023,…
Around one-third of industrial enterprises will find themselves in a vulnerable position due to continued growth in labor costs within the coming three years, Raul Kirsimae, head of the industrial companies unit at Swedbank Estonia, said. Swedbank has analyzed the financial data of some 150 industrial companies operating in Estonia to determine the effect of…
At least 24.4 kilometers of roads have been built in the regions of Kyrgyzstan in the nine months of 2019, the Ministry of Transport and Roads reported. According to the ministry, the new asphalt was laid in 15 towns of Kyrgyzstan. In total, it was planned to pave 113 streets and roads in regional centers…
The Deposit Guarantee Fund has completed payments to the depositors of JSC Artem-Bank, according to the Fund’s press service. “On October 23 the Deposit Guarantee Fund submitted documents for the liquidation of JSC Artem-Bank to the state registrar of legal entities, individual entrepreneurs and public organizations to record the termination of the bank as a…
As of October 22 Khmelnytsk region has harvested 858,000 tons of sugar beet. According to the Agricultural Department of Khmelnytsk Regional State Administration, agrarians harvested sugar beets from 62% of the total area with the average yield of 51.1 ton/ha. (Ukrsugar/Business World Magazine)
The cooperation within the Energy Charter creates opportunities for the development of relations between Azerbaijan and Bangladesh, Minister of Energy Parviz Shahbazov said during the meeting with the visiting Bangladeshi Minister of Power, Energy and Mineral Resources Nasrul Hamid. The Bangladeshi minister is visiting Azerbaijan to attend the International Energy Charter Forum held in Baku.…
Vehicle rental app Citybee has faced opposition to its scheme to roll out hire cars in Tallinn. Tallinn City Government has said that such cars are unnecessary, and says free parking for the vehicles, which would be hired short-term in much the same way as the company’s electric scooters, is off the table. Citybee, a…