At a meeting with representatives of the International Monetary Fund (IMF), Prime Minister Juri Ratas (Center) said that Estonia met the objective of medium-term budget balance and according to current plans should reach a balance by the year 2020. At the meeting Ratas introduced the Estonian government’s budget policy as well as activities to support…
Cruise travel is currently one of the most rapidly growing tourism segments in the world, chosen for recreation by approximately 23 million passengers every year. Market trends suggest that the number of cruise passengers may increase by another third by 2030, revealing more and more new tourist routes and market niches. A significant increase in…
The Belarusian mechanical engineering company Belkommunmash is working to sell electric buses to Tbilisi and Batumi, Deputy Chairman of the Minsk City Executive Committee Alexander Krepak reported. Belkommunmash and the Tbilisi mass transit system operating company are expected to sign an agreement of intent to sell electric buses to the capital of Georgia and the…
Ukraine has successfully tested the new 152mm artillery ammunition produced by the state-owned Kyiv-based Artem, which is a part of the country’s major arms producer UkrOboronProm. Thus, Ukraine has secured own production of large caliber artillery ammunition, according to Pavlo Bukin, CEO at UkrOboronProm (UOP). Commenting on the results of the latest tests, Bukin said…
In January-February the number of passengers carried by Ukrainian airlines rose by 8.8% YoY, and the passenger traffic flow through Ukrainian airports increased by 19.3%, according to the State Aviation Service of Ukraine. “In January-February the volume of passenger-carrying operations of Ukrainian airlines increased by 8.8% and totaled 1,344.4 thousand people. The volume of international…
Last month 171,100 passengers passed through Tallinn Airport, 14.4% more than in February of last year. 169,300 were on international flights and 1,700 on domestic flights, the airport said. Approximately 154,000 passengers passed through the airport on regular flights and 17,100 on non-regular flights. The number of flights in Tallinn rose by 7.1% YoY, to…
The Belarusian tractor manufacturer MTZ intends to sell more tractors to North America in the next few years. MTZ Director General Fyodor Domotenko made the relevant statement as he met with a delegation of dealers from Canada and the USA. MTZ started exploring North America in the 1970s. The company used to sell thousands of…