Ukrainian state-run railways operator JSC Ukrzaliznytsia has said the cost of tickets may grow by 12% from April. The same increase will take place in October, acting CEO of Ukrzaliznytsia Yevhen Kravtsov declared. The received funds are planned to be spent on the development of passenger infrastructure. “We applied to the Ministry of Infrastructure as…
Russia’s Ural Airlines, Utair, S7 Airlines and Nordwind Airlines will not be able to operate flights to Tajikistan’s Dushanbe and Khujand starting from April 2 since the Tajik state aviation structures have recalled their flight permissions. The measure applies to 11 destinations. Flights from Novosibirsk, Irkutsk, Yekaterinburg, Krasnodar, Krasnoyarsk, St. Petersburg, and Samara to Dushanbe,…
President of Uzbekistan Shavkat Mirziyoyev has reviewed the construction of the reservoir in the Zafarobod area as part of his trip to the Jizzakh region. The president stressed that the reservoir would provide 20,000 hectares of unused land with water, expand cultivated areas where it would be possible to grow crops and receive income. “We…
Iran has concluded an agreement with Azerbaijan for the purchase of 150 megawatt of power, a senior official said. Iran’s Energy Minister Reza Ardakania said that the agreement on his country’s power purchase from Azerbaijan was made during the recent visit of President Hassan Rouhani to Baku. The minister added that the two countries currently…
Ukraine should let gas prices be determined by the market, in line with the reforms that were implemented in 2016, IMF representative to Ukraine, Goesta Ljungman, said this in a commentary to Reuters. “We believe that it is important to let gas prices – including tariffs for households – be determined by the market, in…
Ukrainian Railways (Ukrzaliznytsya) through its South-West Railway regional branch announced two tenders within the framework of the renewed project to create a rail line between the capital of Ukraine and the Boryspil Airport. The first tender, where the estimated cost of works amounts to UAH 112.67 million, is divided into two lots. The first lot…
The Black Sea Trade and Development Bank (BSTDB) has extended a new medium-term 75 million GEL (about $30 million ro EUR 25 million) loan to the Bank of Georgia aimed at supporting small and medium-sized enterprises (SMEs) in Georgia. It is the second time the BSTDB is offering a loan to the Bank of Georgia…