First Ukrainian International Bank (FUIB) took leading positions in the Financial Oscar rating by the magazine “Business” according to the results of 2017. Thus, FUIB turned out to be one of the leaders in the nomination “Support of SMEs”, ranking second in the rating. It entered TOP-3 in the “Agrarian Bank” category, receiving the second…
In Estonian passenger aviation a considerable 19% growth has been observed by the Tallinn Airport in 2017, which has explained the increase in passenger numbers partly with unusually bad weather conditions. Tallinn Airport’s commercial director, Eero Pargmae, has said that the Estonia’s busiest airport is seeking to provide its services for some 2.9 million travelers…
The South Korean company Korea Expressway Corporation (KEC) intends to take part in the tender, which will determine the private partner for reconstructing the M10 motorway as a pilot public private partnership project. The possibility was discussed as representatives of the Korean company met with specialists of the Public Private Partnership Center and the Economy…
Micro, small and medium-sized private businesses in Tajikistan will now benefit from a new Regional Small Business Program (RSBP) launched in Dushanbe on April 19, the European Bank for Reconstruction and Development (EBRD) Resident Office in Dushanbe reported. The EU-funded and EBRD-managed project is reportedly designed to transfer know-how in the field of micro, small…
The State Automobile Roads Agency of Ukraine, also known as Ukravtodor, plans to introduce an automatic weigh-in-motion system for trucks, which excludes the human factor, Acting Ukravtodor Head Slawomir Nowak said. “From our part, we want to introduce an automatic weigh-in-motion system when nobody stops the truck, but photos are taken when there is a…
Ukrainian Social Policy Minister Andriy Reva says 40% of Ukraine’s economy remains in the shadow, therefore the developed countries’ standards of solving economic problems cannot be effective in Ukraine, while de-shadowing will bring more money to the wage fund than the actual economic growth. “This was proved by the government in 2017. The entire wage…
The ticket revenue of Eesti Liinirongid AS, the Estonian state-owned operator of passenger trains operating under the Elron brand, increased by 15% YoY, to EUR 1.2 million in March. The number of boardings in March totaled 635,000, up by 4% YoY, the company said on April 19. The Elron routes with the highest passenger numbers…