The state-owned enterprise Boryspil International Airport (Kyiv), the largest airport of the country, saw a 77.7% YoY rise in net profit in January-June, to UAH 951.2 million. According to a financial report of the airport, its net revenue in January-June grew by 30%, to UAH 1.87 billion. As reported, the financial plan of the airport…
Compared to May, the level of construction costs in Latvia increased by 0.2% in June. Labor remuneration of workers rose by 0.4%, prices of building materials grew by 0.2%, whereas maintenance and operational costs of machinery and equipment increased by 0.1%, according to data from the Central Statistical Bureau of Latvia. Compared to June 2016,…
The first freight train Ganzhou – Kazakhstan set off on the route China-Europe on July 27. Its arrival in Kazakhstan is expected in 12 days. It is reported that the train carries 100 containers of furniture, clothing and electronic goods. Currently, three freight railway routes to Central Asia – Kyrgyzstan, Uzbekistan and Kazakhstan – have…
Hualin hotel will be built on Victory square instead of Naryn restaurant, municipal enterprise Bishkekglavarhitektura reported. The agenda of the next town council meeting includes consideration of the project on the construction of Hualin hotel instead of the former restaurant Naryn at the intersection of Ibraimova and Frunze Streets. De He Co LTD together with…
Claims filed by Ukraine International Airlines (UIA) to court do not concern the operation of Ireland’s low cost airline Ryanair in Ukraine or any obstacles to their operations, but they concern the discriminative conditions towards other airlines, UIA President Yuriy Miroshnykov declared at a press conference in Kyiv. Managing partner of Ecovis Bondar and Bondar…
The European Investment Bank (EIB) is considering the issue of a EUR 130 million to Ukrenergo for modernization of substations, according to the website of the financial institution. The EIB said the project was aimed at improving energy efficiency, reliability of equipment, reducing operating costs. Its implementation will contribute to the integration of Ukraine’s energy…
BelGee is expected to launch the production of various auto parts on time to make sure that the rate of localization is not less than 50%, Belarus’ Economy Minister Vladimir Zinovsky said during a visiting government session in Borisov district. “The second task is to launch the production of various auto parts right on schedule.…