Ukraine: wage arrears up in 2018

As of January 1, wage arrears in Ukraine amounted to UAH 2,645.1 million, up by 11.7% YoY, the State Statistics Service of Ukraine has reported. Among the leaders in terms of wage arrears were Luhansk region (UAH 505.9 million), Donetsk region (UAH 467.3 million) and Sumy region (UAH 275.3 million). The lowest salary debts as…

Uzbekistan: GMU to be renamed

GM Uzbekistan will be renamed in the coming months, the UzAvtoSanoat Deputy Chairman Aziz Shukurov announced. Shukurov added that the Chevrolet and Ravon brands would remain. “The issue of renaming will be resolved in the near future, and we will inform about it soon,” Shukurov said during a press conference. The company exports its products…

Kazakhstan: cargo transport via Turkmenistan up in 2018

In 2018, more than 400 trains were sent from Kazakhstan’s “Bolashak” border railway station to neighboring Turkmenistan, twice as much as in 2017, the press service of Kazakhstan Temir Zholy (Kazakhstan Railways) reported. Kazakhstan transports wheat, flour, milling products, barley, oats, and lentils. All products are exported to Turkmenistan, Iran and Afghanistan. Cargo traffic passes…

Ukraine: GDP up in 2018

Ukrainian First Deputy Prime Minister and Minister of Economic Development and Trade Stepan Kubiv said that the country’s gross domestic product grew by 3.4% YoY in 2018. “Statistics, which will be announced in February, will show stabilization, and growth of the Ukrainian economy by 3.4%,” he said at a meeting of the Ukrainian parliament’s faction…