The Belarusian mechanical engineering company Belkommunmash has won a tender to sell ten modern low-floor trams for fast tramlines to the Russian city of Volgograd, representatives of the embassy of Belarus in Russia reported. The contract with the Volgograd city administration will be signed soon. It will stipulate the schedule for delivering the trams to…
The state-owned Oschadbank, the leader in the number of branches in Ukraine, in October-December 2017 closed 102 structural divisions, the National Bank of Ukraine (NBU) has reported on its website. As of January 1, 2018 the branch chain of the bank had 3,305 branches. The top three most active banks in optimization of their chains,…
Ukrainian banks in 2017 reduced the number of their operating structural units by 827, to 9,489 branches as of January 1, 2018, according to the National Bank of Ukraine (NBU) website. In particular, the state-run Oschadbank closed the largest number of branches in 2017, namely 443 units, while UkrSibbank shut down 53 units, Pravex-Bank 45…
The Road Administration will install electronic traffic signs with changing information permanently in the second half of this year, as the one-month testing period of the signs has been successful. The initial tests of electronic traffic signs were successful, Siim Vaikmaa, head of the Road Administration’s traffic management center, declared. Vaikmaa added that the development…
The growth of the GDP in Tajikistan in 2017 amounted to 7.1% compared to 2016, the Tajik Statistics Agency reported. Tajikistan’s GDP amounted to about 61.1 billion somoni ($6.9 billion) in 2017. Agriculture, hunting, forestry, fishing and fish farming dominate in the GDP structure, making up 21.1% of the total GDP volume. The share of…
Turkmenistan’s Foreign Ministry has hosted a meeting with Mazen Shamiah, a Palestinian Authority Foreign Ministry official for Asia and Africa, the Turkmen Foreign Ministry said in a message. During the talks, the sides noted the need to further expand cooperation in trade and economy, as well as interest in developing relations between the business structures…
Ukrainian President Petro Poroshenko has said that a priority of work in 2018 will be privatization and the replacement of the profit tax with the tax on withdrawn capital. “In 2018 our priorities in reforms are no less ambitious – privatization, deregulation, improving investment climate, national bureau on financial security, tax on withdrawn capital, liberal…