Bankruptcy proceedings for the financially stricken Lithuanian airline Small Planet Airlines have been launched, with information from the Center of Registers showing that Vilnius Regional Court initiated them on January 7. Small Planet Airlines CEO Kristijonas Kaikaris said the move was aimed at securing protection from creditors as the company no longer received revenue after…
In 2018, UAH 729.4 billion of payments were transferred to the general fund of the state budget, up by 15.2% YoY. The government’s press service posted this on its Facebook page. This amount includes UAH 390.6 billion of tax payments and UAH 338.8 billion of customs payments. Thus, the state received important financial resources to…
Ukraine’s low-cost airline SkyUp plans to perform direct flights between Lviv and Odesa and filed a request for the necessary slots. According to the schedule published on the website of the Odesa airport, flights are to be conducted on Boeing 737-800 aircraft three times a week from June 2. At the same time, SkyUp said…
The Tajik Government plans to increase electricity production 2.5-fold in the next 11 years. According to the country’s energy sector, until 2030, the country’s energy potential will be increased from the current 18 billion to 45 billion kWh per year. This figure will increase the export of environmentally friendly electricity to neighboring countries up to…
Leading Georgian pharmacies have decided to decrease the price of anti-flu medicine Tamiflu, the cost of which formerly ranged in 72-99 GEL. Aversi and PSP pharmacies have complied with the request to show solidarity with the public and make the medicine more affordable. Aversi management says that the current price for the medicine is 68…
Public transport in Tallinn is currently free for all registered residents of the capital city. The coalition Centre Party, however, intends to expand free public transport in Tallinn to all Estonian residents, part of a broader effort to ultimately provide free transport throughout Estonia. According to Centre Party board member Toomas Vitsut, the time has…
President Petro Poroshenko has said that Ukraine’s economic growth in 2019 is expected to reach about 3.4% of GDP, which is the highest in eight years. “We hope that this year economic growth will be within 3.4% – this is a record figure in 8 years. But it’s only the beginning of implementation and results…