While Estonian state-owned rail cargo operator EVR Cargo has estimated this spring that it would finish the year with a profit, the company now says that this will not be the case after all. The cargo operator’s October and November net profit totaled EUR 719,000. Due to low goods volumes during the previous three quarters…
The Belarusian mechanical engineering company Amkodor and the government of Russia’s Republic of Bashkortostan have signed an agreement on introducing and developing modern automated forest harvesting technologies in the republic, according to the Amkodor website. The document was signed during the first interregional forum on developing Bashkortostan’s northeast. Amkodor representatives took part in the forum.…
JSC NC Kazakhstan temir zholy has launched www.rail-travel.kz and mobile application ktjportal where passengers can purchase train tickets and access information about the company’s services. According to KTZ, users can buy tickets for the trains with or without e-check-in, join a waiting list if tickets are not available for the chosen destination, as well as…
The owner and president of DCH Group Oleksandr Yaroslavsky has submitted a package of documents to the National Bank of Ukraine (NBU) seeking the approval of the acquisition of Prominvestbank (PIB, Kyiv), Deputy NBU Governor Kateryna Rozhkova has said. “On December 8 late in the evening the package of documents from Yaroslavsky arrived. Earlier we…
Monetary base in Ukraine increased by 0.6% in November, to UAH 378.746 billion, or $14 billion, according to the National Bank of Ukraine (NBU) website. The monetary base has shrunk by 0.7% since the beginning of the year, the report says. According to the data provided, the money supply, or M3, increased by 0.3% in…
Non-stop service from Astana to Milan will be launched in 2018, Kazakhstan’s Civil Aviation Committee reported. Within the framework of ICAN-2017 Kazakh delegation led by Chairman of the Civil Aviation Committee, Talgat Lustayev held talks with the aviation authorities of Austria, Australia, Azerbaijan, Great Britain, Hong Kong, India, Italy, Qatar, Kuwait, Sri Lanka, as well…
As a result of October Kyrgyzstan’s state debt declined by $9.05 million, the Ministry of Finance reported. As of October 31, the size of the state debt (external + internal) comprised $4,357.5 billion, or 299,447.12 billion soms. External debt – $3,958.23 billion (272,9.57 billion soms), internal – $399.27 million (27,437.55 billion soms). Kyrgyzstan owes the…