Deposits by Latvian and European Union clients dominate in the banks operating in Latvia, as 91% of total deposits in the country are owned by local clients (80%) and EU member state clients (91%), according to the findings of the Latvian Financial and Capital Market Commission. The Commission reported, that according to its data, deposits…
Air Astana will fly to New York and Shanghai, Minister of Industry and Infrastructe Development Zhenis Kassymbek said at the February 5 session of the government. “This year the ministry together with Air Astana will take steps to launch air communication with New York, Shanghai and other world’s big cities,” Minister Kassymbek told participants of…
Russian state-controlled Sberbank’s Ukrainian subsidiary was in the red in 2018 and posted UAH 7.614 billion, or $272 million, in loss. The bank’s charter capital as of January 1, was UAH 20.765 billion, or $742 million, the bank said in a report on its website. (UNIAN/Business World Magazine)
PJSC Ukrzaliznytsia (Ukrainian Railways) has already received all 30 General Electric locomotives. The last five arrived in Ukraine on February 1. “Ukrzaliznytsia received all 30 contracted GE locomotives. The last five arrived in the port of Chornomorsk on February 1. The further route is already worked out. At first, they will be delivered to the…
Last year, Azerbaijan increased the sale of persimmon by 17.5% YoY, the Chairman of the Association of Producers and Exporters of Persimmon, Gadir Yusifov, reported. In 2017, Azerbaijan sold persimmons for a total amount of $97 million. In 2018, the cultivation reached $114 million, which indicated an increase of 17.5%. Azerbaijani persimmon is mainly exported…
Nasdaq announced the winners of the Nasdaq Baltic Awards 2019, recognizing Nasdaq Baltic-listed companies for excellence in the areas of transparency, governance, and investor relations, as well as the most active and impactful stock exchange member, Port of Tallinn says in a press release. Port of Tallinn IPO was the Stock Exchange Event of the…
Construction of an anti-avalanche gallery of about 5.8 hectares will begin in 2019 on Bishkek-Osh highway, the Ministry of Transport and Roads of Kyrgyzstan reported. According to the ministry, the gallery will appear in Chychkan gorge at the 246th kilometer of Bishkek-Osh road. The width of the road inside the gallery will be 9.5 meters,…