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Author Archives: admin

Ukraine: OTP Bank sees fall in net profit in Q1 2017

UkraineBy admin2017-05-08Leave a comment

OTP Bank in January-March saw a 14.6% fall in net profit, to UAH 279.492 million. Its net interest income narrowed by 37.5%, to UAH 483.17 million. Not taking into account spending on reserves, net interest income totaled UA 447.34 million (up by 18.8% YoY). Commission income grew by 22.1%, to UAH 249.063 million. The bank…

Ukraine: UkrAVTO to supply 11 medium class buses to Poland

UkraineBy admin2017-05-08Leave a comment

The Ukrainian Automobile Corporation (UkrAVTO) at the end of April supplied two first low-deck medium class city buses ZAZ10C out of 11 foreseen in the contract to Warbus (Poland), the press service of the corporation reported. Buses made by Zaporizhia Automobile Plant (ZAZ) after their presentation to city authorities are used in the streets of…

Ukraine: average wage of coal miners higher than the wage of those working in industry

UkraineBy admin2017-05-05Leave a comment

In January-March the average wage of Ukrainians working in the mining and quarrying sector totaled UAH 8,533, up by 24.7% from the average wage of those employed in the industrial sector. This is the data released by the State Statistics Service of Ukraine. In particular, in January-March the average wage of Ukrainians working in the…

Tajikistan: fuel imports reportedly continue decreasing

TajikistanBy admin2017-05-05Leave a comment

Tajikistan’s oil product imports are continuing to decrease while the country’s liquefied gas imports are continuing to increase. Over the first quarter of this year, Tajikistan’s oil product imports have fallen by 12% while its liquefied gas imports have risen by nearly 3% YoY. According to the statistical data from the Customs Service, Tajikistan has…

Ukraine: car market up in January-April 2017

UkraineBy admin2017-05-05Leave a comment

New passenger car sales in Ukraine in January-April grew by 29.6% YoY, to 23,063 cars, AUTO-Consulting has reported. In January-March the market grew by 35%. A total of 6,600 new cars were sold in April, and this was 17.3% more than a year ago and 5.6% less than in March. Toyota was the leader with…

Belarus: gold and forex reserves up in January-April 2017

BelarusBy admin2017-05-05Leave a comment

In January-April Belarus’ gold and foreign currency reserves went up by 3.7%, if calculated in accordance with methods of the International Monetary Fund, to $5.1 billion, the Information and PR Department of the National Bank of the Republic of Belarus reported. According to the preliminary data, as of May the country’s gold and foreign currency…

Belarus: Horizont to strengthen business ties with Slovakia

BelarusBy admin2017-05-05Leave a comment

Horizont Holding Company is set to step up the effort to strengthen its international manufacturing ties and enter new markets, Horizont Director General Yuri Predko declared. The Belarusian company views Slovakia as a promising partner. Yuri Predko said that a number of cooperation agreements were signed during the Belarusian-Slovak Business Forum held in Bratislava in…

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