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Estonia: retail turnover up in June 2019

According to information released by Statistics Estonia, the turnover of retail trade enterprises in June increased by 3% YoY at constant prices, to EUR 635 million. The turnover of stores selling manufactured goods increased by 4%. Turnover increased in five and decreased in two economic activities. Turnover increased the most in stores selling textiles, clothing and footwear, with sales rising by...

Azerbaijan: production of hybrid corn seeds begins in Aghjabadi district

For the first time, Azerbaijan's Aghjabadi district has launched the production of Adasa 16 hybrid corn seeds. Parental lines of maize were planted on a plot of three hectares (maternal line ADK 455 and paternal line Cukurova 96/25) in order to obtain the Adasa 16 hybrid. The oil content of this hybrid is 4.59%, while its protein content is 8.13%...

Ukraine: dollar rate against hryvnia reaches lowest point in 3 years

The National Bank of Ukraine (NBU) has strengthened the official hryvnia exchange rate by 18 kopiykas, bringing the national currency to UAH 25.25 to the dollar. This is the lowest dollar rate recorded in almost three years. On July 30 $100 cost UAH 2,525.2582 (UAH 2,543.9728 as of July 29). EUR 100 cost UAH 2,807.8346 (UAH 2,833.4769 as of July 29). The last...

Ukraine: half of frozen fish exports going to EU

In January-May Ukraine exported frozen fish to the European Union countries to the tune of $231,700. "Over the first five months of 2019, 178,000 tons of Ukrainian frozen fish were delivered to the foreign markets to the tune of $498,000. Thus, 46% of all Ukrainian frozen fish exports (in monetary terms) went to the European countries ($231,700)," the press service...

Azerbaijan: passenger transportation via Baku-Tbilisi-Kars route to be launched

Azerbaijan Railways CJSC is ready to launch passenger transportation via the Baku-Tbilisi-Kars (BTK) route, said Javid Gurbanov, chairman of the Azerbaijan Railways. He said that the new trains were already in Baku. "However, not everything depends on us," he noted. "It is necessary that both the Georgian and Turkish sides be ready." He added that in order to launch passenger trains on...

Latvia: 40.5% of unemployed people middle-aged

At the end of 2018 Latvia's State Employment Agency (SEA) focused on the category of unemployed people older than 50. These people accounted for 40.5% of all unemployed people in Latvia, according to the agency's 2018 report. Long-term unemployed people were also SEA's focus last year. These people account for 25.1% of all unemployed people in the country. SEA notes that...

Turkmenistan: export of fruit and vegetables up in H1 2019

Turkmenistan continues to strengthen its positions as an exporter of fruits and vegetables. More than 15,000 tons of tomatoes and cucumbers were grown in greenhouses and sent abroad in 2019, up almost 2-fold YoY. Over 7,500 tons of onions were shipped to foreign consumers. Vegetables worth $16 million and produced in greenhouses have been exported since the beginning of the...

Ukraine: Oplot main battle tanks given advantages over Russian models

Former CEO of Kharkiv-based Malyshev Plant Oleksandr Khlan has said the Ukrainian Oplot tanks have several advantages over the Russian models, while many foreign armies are interested in the Ukrainian MBT. Thailand, where large-scale exercises have recently taken place with the participation of Oplots, is very pleased with the Ukrainian tanks, which boast high fire accuracy. "Oplot is great for a...

Ukraine: state debt up in June 2019

As of June 30 Ukraine's state and government-guaranteed debt amounted to $80.35 billion, or UAH 2,102.41 billion, the Finance Ministry has reported. "As of June 30 the state and government-guaranteed debt of Ukraine amounted to UAH 2,102.41 billion or $80.35 billion, including the state and government-guaranteed external debt in the amount of UAH 1,309.33 billion (62.28% of the total sum...

Estonia: Regional Jet revenue up in 2018

Estonian carrier Regional Jet, which is owned by Estonian state-owned airline Nordica and LOT Polish Airlines, achieved a better than expected zero result for 2018, with turnover increasing by 80% YoY, to EUR 68 million. "I am really impressed with how our organization has developed all these new businesses in such a short period of time, with a performance level...