Azerbaijan’s Rabitabank OJSC plans to increase its authorized capital through the new issue of shares, according to the bank’s message. The issue will be discussed during the extraordinary meeting of the bank’s shareholders, to be held on July 14. Meanwhile, the changes to Rabitabank’s regulations will also be discussed in connection with the new issue…
TIU Canada is launching the construction of a 10 MW solar power plant in the territory of Nikopol Ferroalloy Plant, the company’s press service has reported. TIU is owned by the Canadian investment company Refraction Asset Management. Nikopol Ferroalloy Plant is the largest Ukrainian enterprise for production of silicomanganese and ferromanganese. The plant is controlled…
In April Latvian foreign trade turnover amounted to EUR 1.88 billion, up by 0.5% YoY, and the exports and imports values of goods were 1% and 0.2% higher, respectively. In April Latvia exported goods in the amount of EUR 859.6 million, and imported goods in the amount of EUR 1.02 billion. The foreign trade balance…
In January-May the Freeport of Riga handled 14,879,700 tons of cargo, down by -4% YoY. Coal transshipment climbed by 10.4%, to 5,531,700 tons, oil products dropped by 30.8%, to 2,845,500 tons, wood pellets increased by 14.5%, to 323,600 tons, ore – by 0.2%, to 164,900 tons. The port’s container throughput grew by 12.9%, to 174,585…
Mogilev region and France are expected to make a focus on the development of economic and interregional cooperation. The intention was voiced at the meeting between France’s Ambassador to Belarus Didier Canesse and Mogilev region governor Vladimir Domanevsky. According to the diplomat, it is his first visit to Mogilev region to get familiar with the…
The National Bank of Ukraine has allowed businesses to invest abroad up to $2 million in equivalent on the basis of one currency license for one calendar year, whereas up to now the total amount of such transactions was $50,000 for one calendar month. According to the regulator, relevant resolution No. 51 dated June 8…
Core inflation in Ukraine in May accelerated to 6.5% in annual terms – compared to May 2016 – against 6.3% in April from April 2016, according to Ukrainian State Statistics Service’s website. In May core inflation slowed to 0.3% compared to April against 0.6% in April from March, the State Statistics Service said. At the…