The growth rate of Azerbaijan’s economy in 2018 may exceed forecasts, member of the country’s Parliamentary Committee on Economic Policy, Industry and Entrepreneurship, MP Rufat Guliyev said. He added that 2017 was a turning point for Azerbaijan, but this year the country’s economy grew again – over six months the GDP grew by 1.3%. “I…
New construction standards, which were developed in close cooperation with experts and will come into force this autumn, will allow renewing the street networks in Ukrainian cities and making urban infrastructure comfortable. “Everyone has noticed that we live in the 21st century, real estate costs a fortune, but they build everything that looks like old.…
Turkish and Ukrainian aerospace and procurement officials made “notable progress” in negotiations for the co-production of the Antonov An-188 military cargo aircraft, an advanced version of Ukraine’s An-178, Turkish officials said. “This is a complex program for which both sides are keen,” said one Turkish aerospace official. “We are positively discussing several aspects of an…
Compared to June 2017 total retail trade turnover rose by 5.6% in June 2018. Turnover of retail trade in food products increased by 6.4%, turnover of retail trade in non-food products, except for retail sale of automotive fuel, rose by 5.1%, whereas turnover of retail sale of automotive fuel – by 4.8%. The most significant…
Some 5 million square meters of housing is to be constructed in Belarus in 2020, Deputy Premier of Belarus Anatoly Kalinin has reported. Initially 4 million square meters of housing was to be built in Belarus in 2019. “I believe we can handle a more challenging task. We have the necessary capacities and resources to…
Azerbaijan’s Kapital Bank is increasing its authorized capital by 40 million mantas, to 225.85 million manats, said a message posted on the ESID (Electronic System for Information Disclosure) portal. For this purpose, the bank has issued 3,228,410 shares worth 12.39 manats each. Kapital Bank, being the legal successor of “Sberbank”, has more than 140 years…
In June the highest level of average monthly salaries totaling UAH 9,774 was recorded in Donetsk region, according to the Economic Development and Trade Ministry. “The average nominal wage in Ukraine in June made up UAH 9,141, up 2.5-fold from the minimum wage and by 24.2% YoY,” reads the report. Among the most highly paid…