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Author Archives: admin

Ukraine: Motor Sich consolidated net profit up in January-September 2017

UkraineBy admin2017-10-30Leave a comment

PJSC Motor Sich (Zaporizhia) saw its consolidated net profit rise by 36.74% YoY under international financial reporting standards (IFRS) in January-September, to UAH 2.576 billion. The company reported in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income increased by 20.85%, to UAH 9.108 billion. In…

Ukraine: natural gas extraction from underground storage facilities started

UkraineBy admin2017-10-27Leave a comment

As of October 24, 5.4 million cubic meters of natural gas were extracted from the Ukrainian underground gas storage facilities, and 1.3 million cubic meters of natural gas were pumped into the storage facilities, the press service of PJSC Ukrtransgaz reports. Thus, Ukraine’s natural gas stocks decreased from 16.973 billion cubic meters to 16.969 billion…

Belarus: central bank to launch cyber security unit in 2018

BelarusBy admin2017-10-27Leave a comment

The center for monitoring and combating computer attacks in the financial sphere will start operating in 2018, First Deputy Chairman of the Board of Belarus’ National Bank Taras Nadolny declared ahead of the third CIS international banking and finance forum Minsk Business Meetings. “We are now working to set up the unit which will deal…

Ukraine: 12.6 million tons of grains exported

UkraineBy admin2017-10-27Leave a comment

Since the beginning of 2017-2018 MY and as of October 24, the Ukrainian grain exports totaled 12.595 million tons, the State Fiscal Service of Ukraine reported. In particular, during the period Ukraine exported 7.687 million tons of wheat, 3.432 million tons of barley, 1.44 million tons of corn, 6.2 thousand tons of rye, and 30…

Kazakhstan: FCC exports 70 thousand tons of grains

KazakhstanBy admin2017-10-27Leave a comment

In January-September JSC NC Food Contract Corporation exported nearly 70 thousand tons of grains and oilseeds to near and far abroad countries, informed the press-center of the company. According to the announcement, the company shipped nearly 33 thousand tons of wheat to China and 12 thousand tons to Azerbaidzhan, and more than 20 thousand tons…

Estonia: share of labor costs in GDP decreases first time in six years

EstoniaBy admin2017-10-27Leave a comment

The share of labor costs in the gross domestic product (GDP) in the first six months of this year decreased for the first time in the last six years, which enabled companies to increase profit and investments. The gap between labor productivity and wages decreased in the first half of 2017: growth in productivity accelerated…

Azerbaijan: Buta Airways changes terminal of departure flights from Baku

AzerbaijanBy admin2017-10-27Leave a comment

Starting from October 29, all departure flights of the low-cost Buta Airways from Baku will be carried out through the North entrance of Terminal 2 of the Heydar Aliyev International Airport. Buta Airways plans to carry out arrival flights to Terminal 1 as before. Terminal 2 meets all international requirements on the operation of civil…

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