SZAO BelGee intends to have increased car output up to 1,400 cars per month by the end of the year, the company’s Acting Director General Gennady Svidersky reported. At present BelGee makes 50 cars every eight-hour shift or 1,000 cars per month. The executive said: “From the point of sales we have to raise the…
The National Bank of Ukraine (NBU) has reported how much foreign currency it gas sold to prop up the hryvnia, Ukraine’s national currency. The NBU’s forex sales on the country’s interbank forex market in August exceeded purchases by $621.3 million, the bank said on its official website. The central bank conducts forex interventions on the…
The price of natural gas for industry and households in Ukraine is likely to grow after negotiations with the International Monetary Fund (IMF), Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. “What will be the outcome of negotiations? The premier has already announced that we cannot conduct unconstructive talks with the IMF. There…
Azerbaijani President Ilham Aliyev has signed an order to provide funds for the construction of Bujag-Mukhas-Bash Dashagil road in Oghuz region. Under the presidential order, the Azerbaijan Highway State Agency is allocated 9.4 million manats for the construction of the road connecting four residential areas with a total population of 4,000 people. (AzerNews/Business World Magazine)
Changes implemented to Tartu-Helsinki flight schedules this April have not had a positive impact on passenger numbers at Tartu Airport. While August 2016 saw nearly 2,800 passengers on flights served by Tartu Airport, just 2,003 passengers flew on the airport’s Tartu-Helsinki-Tartu route last month. Over the past two years, the decline in passenger numbers has…
As of September 13 Kostanay region has harvested only 1.7 million ha of grain crops, or about 43% of the total amount. 4,997 farm producers work in Kostanay region to sow 3,937,600 ha of cultivated area. More than 62,000 units of equipment are involved in reaping the harvest. The harvesting campaign is falling behind the…
Ukraine’s Ambassador to Belarus Igor Kizim expressed confidence in further dynamic development of economic cooperation with Belarus as he spoke at an event to mark the 27th anniversary of the independence of Ukraine. According to the diplomat, Belarus and Ukraine maintain active dialogue at the governmental and regional levels. In his words, there is no…