Ukraine: S&P upgrades Ukrzaliznytsia’s rating to highest-possible level amid martial law

The international credit rating agency, S&P Global Ratings, has upgraded the rating of Ukrzaliznytsia JSC to CCC+. The relevant statement was made by Ukrzaliznytsia JSC. According to the company, S&P Global Ratings has assigned the sovereign-level rating to Ukrzaliznytsia, which is the highest possible result in the current wartime conditions. “The recent completion of a…

Ukraine: first Swiss tram delivered to Vinnytsia

The first Swiss tram Tram 2000 has already been delivered to Vinnytsia. Vinnytsia Mayor Serhii Morhunov published a respective video on his Telegram channel. “The first one has arrived!” the official wrote. Earlier reports said that Vinnytsia would replenish its electric transport fleet with 35 trams manufactured in Switzerland in the late 1980s. The delivery…

Georgia: Economy Minister highlights growing trade turnover with Uzbekistan

Economy Minister Levan Davitashvili on April 1 highlighted the growing dynamics of trade turnover between Georgia and Uzbekistan in the post-pandemic period, in a meeting with Jamshid Khodjaev, the Uzbek Deputy Prime Minister. Davitashvili said the trade turnover between the countries increased by 40% in 2022, with exports increasing to 30%, and emphasised the importance…