In January-May the port of Ventspils handled 10.8 million tons of cargo, up by 20% YoY. According to the port authority, transshipment of Ro-Ro cargo grew by 24%, to 166,000 tons Ventspils Nafta handled 3.8 million tons (-5%), Kalija parks – 175,000 tons. The number of passenger carried by Ventspils-Nynashamn line grew by 33%, to…
Ukraine boosted electricity exports by 46.3% YoY in January-May, to $109.75 million, according to the State Fiscal Service of Ukraine. Electricity sales to Hungary accounted for 67.4% of total revenue from exports, while the share of Poland was 17.5% and that of Moldova 12.7%. In May alone, Ukraine exported electricity to Hungary to the tune…
Dushanbe bus terminal, Asian Express Terminal, is waiting for answer to its proposal to re-launch bus routes between Tajikistan and Uzbekistan. Deputy Director General of the Closed Joint Stock Company (CJSC) Holding Asia Group Tajikistan Sulton Kamolov says they have already discussed this issue with representatives of the Uzbek Embassy in Dushanbe. “They have expressed…
Standard & Poor’s (S&P) Global Ratings expects that Azerbaijan’s Kapital Bank OJSC will likely increase its already material market share, while its operating revenues continue increasing progressively and its profitability remains high, according to an S&P report. S&P confirmed the credit rating of the Azerbaijani bank at BB-/B level with a negative outlook. Meanwhile, the…
Ukraine should reduce the share of nuclear fuel purchases from Russia to 45% in 2017, Ukrainian President Petro Poroshenko has said. “How much have we received (nuclear fuel from Russia) in 2016 – 55% already. How much did I set the task for minister Nasalyk in 2017. It’s 45% already,” he said during his visit…
Ukraine shipped 3,271 tons of cheese to foreign markets in January-May, up by 22.7% YoY. The shipments increased by 48.5% in monetary terms, to $11.35 million, Ukraine’s State Fiscal Service said in its customs statistics reports. Cheese imports in the period under review totaled 3,563 tons, up by 35.8% YoY. The country imported products worth…
President of Turkmenistan Gurbanguly Berdymukhamedov, noting that the system of benefits in the country has become completely ineffective, instructed to prepare proposals for cancellation of all benefits. Berdymukhamedov was addressing a meeting with the leadership of the Turkmen banking and financial sectors. “Benefits should be provided not to anybody, but only to those who really…