Aeroflot will remain under majority Russian government control until at least 2020, Oksana Tarasenko, the Director of the Corporate Governance Department in Russian Ministry of Economic Development, reported. In February the carrier was touted as a possible candidate for privatization after Moscow announced plans to sell off various state-owned corporations and shareholdings in a bid…
In January-August the production volumes of agricultural commodities in Ukraine increased by 1% YoY at the expense of rising production volumes of plant growing commodities, the State Statistics Service of Ukraine announced. In particular, the production of plant growing products grew by 1.7%, while livestock products output was down by 2.4%. According to the statistics…
On September 16, Ukraine International Airlines (UIA, Kyiv) serviced its first direct regular flight between Vilnius and Lviv. The press service of the airline reported that new flights connecting Lviv and Vilnius would be serviced twice a week using Boeing-737 and Embraer-190 planes with business and economy classes. Until October 12, UIA offers tickets from…
Since the beginning of 2016/2017 MY, Ukraine exported 8.51 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, wheat exports totaled 5.1 million tons, corn – 583 thousand tons, and barley – 2.78 million tons. Also, flour exports reached 64.4 thousand tons. According to the announcement, nearly 435…
Respective bill No. 5000 was posted on the parliament’s website. At the same time, there is neither text of the document nor addenda available on the website. In keeping with the budget resolution for 2017, the Ukrainian government plans to set the minimum wages at the same level as the subsistence rate. The 2016 national…
Azerbaijan’s state oil company SOCAR intends to diversify its financial channels, the company’s president Rovnag Abdullayev reported. He made the remarks during the presentation of SOCAR bonds for Azerbaijani citizens. Abdullayev pointed out that SOCAR was implementing a new strategy to strengthen its positions at the international level. Eurobonds have been issued successfully, he said,…
Russia hopes to restore air travel with Egypt by the end of 2016, Deputy Foreign Minister Mikhail Bogdanov, special presidential representative for the Middle East and Africa, reported. “We hope. The sooner the better”, he said, adding that Moscow must be sure that Egypt had done everything to ensure safety of Russian tourists. Moscow suspended…