The Azerbaijani banking sector will be able to overcome the challenges before it, Ziyad Samadzade, chairman of the parliamentary committee on economic policy, industry and entrepreneurship, said at a conference on “Financing through capital markets, listing and investments” in Baku on March 6. Samadzade said that the banking sector of Azerbaijan had gradually begun to…
New infrastructure will be built along the Akhalkalaki-Kartsakhi section of the Baku-Tbilisi-Kars (BTK) railway, the Azerbaijan Railways CJSC said. Tbilisi hosted a regular meeting of the BTK Coordination Council, according to the message. “During the meeting, Georgia’s first deputy prime minister, Minister of Economy and Sustainable Development Dimitri Kumsishvili told the audience about the economic,…
Ukrenergo in January reduced transmission of electricity through trunk power grids by 5.6% (by 611.408 million kWh) YoY, to 10.307 billion kWh. According to a report on the company’s website, the cost of electricity transmission services for January fell by 23.7% (UAH 115.129 million), to UAH 370.833 million. Ukrenergo in January reduced capital investments by…
Vinnytsia region transferred UAH 1.966 billion to the consolidated budget in January-February, according to the department of information activities and communication with public at Vinnytsia Regional State Administration. “The contribution of Vinnytsia region to the consolidated budget exceeded UAH 1.966 billion in January-February. The general sum of budget payments transferred over this period is UAH…
In 2017 turnover of drug wholesale traders in Latvia and abroad was EUR 846.76 million without VAT. Compared to the previous year, this means an increase of 6%, according to data compiled by State Agency of Medicines. Wholesale traders continued increasing turnover of medicines in Latvia and other countries. The volume of medicines sold in…
As of late January Azerbaijani banks’ liabilities to the country’s Central Bank (CBA) decreased to 501.7 million manats, or more than 3-fold YoY, according to the report of the country’s Financial Market Supervisory Authority. Banks have reduced their liabilities by 19.7%, from 30.35 billion manats to 24.37 billion manats, according to the report. The main…
The current electricity rates enable the broader adoption of electric transport in Belarus, Belarusian Energy Minister Vladimir Potupchik reported. According to the source, the current electricity rates are much more economical than filling the car’s tank with gasoline or diesel fuel. The rates are an incentive to use electric cars. The upkeep of electric cars…