Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries. In January-July trade turnover with EU countries increased by 25.6% YoY, to $1.95 billion, and with CIS countries by 33.5%, to $2.38 billion, says the National Statistics Office of Georgia (Geostat).…
Lithuanian Transport Minister Rokas Masiulis said he could not provide much hope for businessmen in the western port of Klaipeda, asking for a new German destination at Palanga Airport. According to him, a certain number of residents is required for new flights to be launched, and Klaipeda now has 150,000 of them, which is too…
Turkmen commercial company Ferhar is expecting its first harvest of bananas, the Union of Industrialists and Entrepreneurs of Turkmenistan said in a message on August 20. A greenhouse with a height of 8.6 meters was built on an area of one hectare in Sakarchage district of Turkmenistan’s Mary region. The seedlings were imported from Turkey.…
The Deposit Guarantee Fund has resumed payments to the depositors of insolvent Aksioma Bank, the fund’s press service reports. “From August 20 the Deposit Guarantee Fund is paying refunds to the depositors of PJSC Aksioma under bank deposit agreements (including card accounts) within the limit of UAH 200,000,” reads the report. According to the Deposit…
Former Deputy Minister of Transport, Adviser to Ukravtodor CEO Oleksandr Kava says there are about 17,000 bridges of various lifetime and size in Ukraine, while 4,500 of them require immediate repair. “We have 17,000 bridges along public roads, two-thirds of which require major repairs, while 4,500 bridges need very urgent repairs,” Kava noted. The official…
Iranian automobile manufacturer “Iran Khodro” intends to launch a second line of production in Azerbaijan, said Mohsun Salehi Iran’s deputy minister of industry, mining and trade. This step will allow the company to expand its production in Azerbaijan. “At present “Iran Khodro” intends to increase the current production capacity to raise the daily vehicle output…
Riga International Airport concluded the first half-year of 2018 with turnover increase of 13% when compared to the same period of 2017, according to the airport’s unaudited and shortened account for the six-month period before June 30. Compared to last year’s turnover in the same period, the airport’s net turnover has increased by 13% or…