Kyrgyzstan: average salary up in August 2018

Average salary in Kyrgyzstan in August amounted to 15,793 soms, report of the National Statistical Committee says. Compared to last year, it increased by 6.78%. Salaries increased the most in three areas – construction (16.2%), other service activities (15.5%), information and communications (14.6%). Following the results of 9 months of 2018, prices in Kyrgyzstan reduced…

Azerbaijan: transparency in economy expanding

Transparency and accountability are the basis for stable and rapidly developing economy, Chairman of the Azerbaijan Chamber of Auditors Vahid Novruzov declared. Novruzov stressed that Azerbaijani President Ilham Aliyev paid special attention to ensuring transparency in the economy. “This is not coincidence because world practice shows that only transparent economy can be sustainable, develop rapidly…

Ukraine: free trade agreement mulled with UK

The United Kingdom intends to deepen economic cooperation with Ukraine after withdrawal from the EU. “We have designated Ukraine as one of the UK’s post-Brexit priority markets, and our ambition is to further improve and liberalize the trading relationship between us,” UK Secretary of State for International Trade Liam Fox said at the Ukraine Week…

Azerbaijan: honey in demand in Arab countries

Beekeeping, perhaps one of the most environmentally friendly types of agriculture, is vibrant and flourishing in Azerbaijan, and the industry almost doubled over the last eight years. Recent researches show that the products of the beekeeping industry have a significant demand both inside the country and abroad. Thus, head of the public relations and information…

Ukraine: Wizz Air passenger numbers up in summer 2018

During the summer of 2018 Wizz Air carried more than 450,000 passengers on its Ukrainian routes, showing a 145% growth compared with June-August last year. This summer the most popular destinations from Kyiv were Budapest, Memmingen, Dortmund, Frankfurt, Berlin-Schonefeld (Germany), Warsaw and Copenhagen. Wizz Air now offers flights on 42 routes to 12 countries from…

Ukraine: Chornobyl going solar

Ukraine has unveiled a solar plant in Chornobyl, just across from where a power station, now encased in a giant sarcophagus, caused the world’s worst nuclear disaster three decades ago. Built in a contaminated area, which remains largely uninhabitable and where visitors are accompanied by guides carrying radiation meters, 3,800 panels produce energy to power…

Ukraine: capital investments up in H1 2018

Capital investments in Ukraine grew by 26.6% in the first half of 2018 compared with the corresponding period in 2017, First Vice Prime Minister – Minister for Economic Development and Trade Stepan Kubiv stated during Government Question Hour meeting. “Capital investments increased by 26.6% in the first half of 2018 compared with 2017. Almost half…

Azerbaijan: Heydar Aliyev Airport among world’s 14 most beautiful airports

Heydar Aliyev International Airport, located in Baku, is among 14 most beautiful airports in the world, according to the rating made by Curbed, an American real-estate blog network. “Located in the capital of Azerbaijan, the Heydar Aliyev International Airport terminal features giant wooden cocoons designed by Turkish architecture studio Autoban,” said Curbed. “Light streams in…

Romania: Tarom presents Bucharest-Odesa flight

Representatives of the Tarom Romanian airlines have presented in Odesa a new Bucharest-Odesa direct flight, which will be launched on October 31. “This is an important event for Romania and Ukraine, which contributes to strengthening of the cooperation between our countries, the development of many projects, communication and tourism. It takes 11 hours to travel…