The production of vodka declined by 45% YoY in January-May. According to information provided by the National Statistical Service, that of whiskey has also decreased (-43%). The production of brandy and champagne was down by 10% and 5%, respectively. Meanwhile, more liquor, wine and beer were produced in the first five months of 2018. (PanARMENIAN/Business…
The state-owned Estonian airline Nordic Aviation Group (NAG), operating under the Nordica trademark, last year made a profit of EUR 900,000, and the number of Nordica’s passengers grew by 68% YoY. Nordica’s second fiscal year was very successful for the company. The company’s revenue was EUR 83 million, while in 2016 it totaled EUR 51…
From July onward, Norvik Bank will be using a new authorization tool for internet banking services – Google Authenticator, as confirmed by the bank. The bank notes that it is a modern and secure mobile app that offers quick authorization of payments and other transactions in e-Norvik Internet banking service. This app, according to the…
Ukraine and the UK have welcomed ongoing consultations on ensuring the implementation of the Association Agreement between Ukraine and the EU, which includes a Deep and Comprehensive Free Trade Agreement (DCFTA), facilitating trade worth $2.35 billion between the two countries after the UK leaves the EU, the press service of the Ministry of Economic Development…
In 2017 exports of Ukrainian goods to Canada grew by 74.4% (or $21.5 million) and amounted to $50.4 million, the press service of the Economic Development and Trade Ministry wrote on Twitter. “Soon it will be two years since the Canada-Ukraine Free Trade Agreement was signed. In 2017 exports of Ukrainian goods to Canada rose…
Polish-based PKP Intercity plans to launch a direct railway service between Przemysl and Berlin in 2018 in view of growing traffic on the eastern border of Poland and the migration of Ukrainian citizens to EU countries. “Ukrainian routes have turned out to be a hit. Trains from Przemysl to Lviv and Kyiv transport more and…
On July 1, 11 of Estonia’s 15 counties introduced free public transport on county buses for local residents, much like the scheme already running in Tallinn. This caused some confusion. Tartu County is one of the areas where buses are now free of charge for residents. While not too many passengers made use of their…