The Belarusian engine manufacturer MMZ is expanding cooperation with Cuba. Prospects of cooperation and development of long-term relations were discussed as a Cuban delegation visited the Minsk-based company, the press service of the holding company Minsk Motor Plant (MMZ) reported. Working with Cuba is not something new for the Belarusian company. The first batch of…
Amobi Capital and Helios Royal Energy will be constructing solar power farms capable of producing 500 MW of solar power in Ukraine over the next three years and an additional 1 GW in 10 years. The construction will begin on the first 35 MW solar park in the Boguslav area this year. The first 4…
Revenues of the Pension Fund of Ukraine in the first quarter of 2018 grew by 32.2% YoY, amounting to UAH 44.261 billion. “The income of the Pension Fund of Ukraine totaled UAH 44.261 billion over the three months of 2018. Compared to the relevant period in 2017, revenues grew by UAH 10.785 billion, or by…
About 82% of financing approved by international development banks in the first quarter of this year for Tajikistan falls on the Asian Development Bank (ADB). “In Tajikistan the bulk of investments are accounted for the ADB’s $90 million loan in the transport sector,” according to the international development banks’ investment review for the first quarter…
According to information released by Statistics Estonia on May 30, this April the turnover of retail trade enterprises increased by 1% YoY at constant prices, totaling EUR 560.4 million. The turnover of stores selling manufactured goods increased by 7%. Turnover increased in most economic activities, except in stores selling second-hand goods and in non-store retail…
VTB Bank Kazakhstan started to issue MasterCard payment cards, the press service of the bank stated. The Bank’s own emission will open up new opportunities for customers. “MasterCard is one of the most popular payment systems in the world, with cards of which payments can be made in more than 210 countries. We issue MasterCard…
In 2017 a bilateral trade between Ukraine and Germany increased by almost 23% YoY, Ukrainian President Petro Poroshenko said after a meeting with German President Frank-Walter Steinmeier, the press service of the head of the Ukrainian state informed. The head of the Ukrainian state stressed: “I can say that we’ve worked well in the economy.…