Freight volume handled at the Port of Klaipeda between January and October increased by 3% YoY and totaled 33.27 million tons, the Port Authority statistics said. In October, the port handled 3.38 million tons of cargo (-0.2%, YoY) including 1.52 million tons of liquid bulk cargo (-14.6%), 1.18 million tons of general cargo (+25.4%) and…
The National Bank of Ukraine (NBU) hopes to cut cash from 14.3% in 2015 to 9.5% of GDP in 2020, NBU Governor Valeriya Gontareva has said. “We set the introduction of cashless payments as a top priority task. We believe that this is one of the key strategic directions for developing the Ukrainian banking system.…
Last week Bulgaria’s domestic market of cereal crops saw a rise in purchase prices. The bullish factors for them included strong grain demand, both from traders and processing companies, along with appreciation of the Bulgarian currency against the US dollar. Prices for Bulgarian milling wheat also continued growing on the export market. Over the week,…
Belarusbank will have its $229,434 credit to OAO Kamvol fabric manufacturer secured by the government. The credit was issued in February 2014 to help the fabric manufacturer replenish circulating assets. The government’s security will cover the repayment of the principal debt and credit interest payments (except for interest payments refunded at the expense of the…
Belarus may take part in the projects to upgrade Cuban steel manufacturers. This issue was on the agenda of the meeting of Belarus’ Ambassador to Cuba Alexander Alexandrov with director of the Mexican company BH Equipos de Mexico Jose Gonzalez in Havana, the press service of the Belarusian Ministry of Foreign Affairs reported. “The sides…
The energy intensity of Belarus’ gross domestic product was halved in the last 13 years. The information was released by Vitaly Kretsky, Head of the Department for Organizational and Legal Work and Interaction with Mass Media in the State Standardization Committee of Belarus. The official said: “The energy intensity of Belarus’ GDP has been halved…
Baltic Line Finland has signed a long term TC-agreement with Prima Shipping for mv Baltic Madonna. The vessel will replace mv Link Star in January 2017, Port of Turku said in its press release. Port of Turku welcomes mv Baltic Madonna to join Baltic Line’s fleet sailing between Finland, Baltic States, Poland, Denmark, Sweden and…