Ukraine: mayonnaise production up in January 2019

Ukraine’s large and medium-sized plants produced 8.6 thousand tons of mayonnaise in January, up by 1.2% YoY (8.5 thousand tons). In addition, its output hit a three-year high. Taking into account that the Ukrainian mayonnaise market is focused on the domestic consumer, no substantial production growth can be expected now. The market is saturated with…

Ukraine: AirBaltic to resume Riga-Odesa flights

The Latvian airline AirBaltic will resume flights on the route Riga-Odesa-Riga from March 31, Vice Prime Minister for European and Euro-Atlantic integration of Ukraine Ivanna Klympush-Tsintsadze wrote on Facebook. “Latvian airline AirBaltic from March 31 will resume flights on the route Riga-Odesa-Riga. The conference on the renewal of the route was held on March 13,”…

Georgia: top 3 destinations from Kutaisi Airport

Vienna, Rome, and Prague were the top three in demand directions from Georgia’s Kutaisi International Airport in February, announces United Airports of Georgia. After these three cities come Athens and Memmingen. In total Kutaisi Airport serviced 617,342 passengers in 2018, up by 52.5% YoY. United Airports of Georgia reported that 95% of Kutaisi airport passengers…

Kazakhstan: first batch of beef sent to Iran

Akmola region has sent the first batch of beef to Iran. “Astana Agroproduct LLP, situated in Korgalzhyn district, Akmola region, for the first time ever has concluded a contract to deliver meat products to Iran. The company’s meat products conform to the highest Halal standards,” Deputy Governor of Akmola region Marat Igaliyev said. Another batch…

Kyrgyzstan: gold lifts economy in February 2019

Economic results of Kyrgyzstan’s development have been encouraging for the second month in a row. GDP is growing, as is the industry. But the prices, on the contrary, fell slightly. According to the National Statistical Committee of Kyrgyzstan, in January-February, Kyrgyzstan’s GDP amounted to 63,09.3 billion soms, up by 4.9% YoY. In February, the economic…

Ukraine: UIA welcomes first Embraer 195

On March 12, Ukraine International Airlines welcomed to its fleet a medium-haul Embraer-195. The plane received the registration number UR-EMG and became the 6th aircraft of the Embraer brand in the UIA fleet. The aircraft accommodates 116 passengers in a two-class cabin configuration, i.e. Business and Economy Class. Therefore, passengers will be able to enjoy…

Ukraine: SkyUp Airlines launching 3 flights

The Ukrainian airline SkyUp is launching flights from Kiev to Yerevan (Armenia), Varna and Burgas (Bulgaria), according to the company’s website. The flights will be operated with departure from Boryspil airport in the Ukrainian capital. Kyiv-Yerevan flights will start from May 17 and will be operated twice a week on Mondays and Fridays. Kyiv-Varna flights…

Ukraine: banks post over UAH 5 billion in net profit in January 2019

As of February 1, the net profit of Ukrainian banks amounted to UAH 5.43 billion, according to the National Bank of Ukraine (NBU).

The banking system revenue for January amounted to UAH 20.18 billion, spending – UAH 14.754 billion and net profit – UAH 5.426 billion. (Ukrinform/Business World Magazine)

Azerbaijan: new airport to be constructed

A new airport is planned to be built in Shaki district in 2022-2023, the Cabinet of Ministers reported. The construction is mentioned in the strategic plan of Azerbaijan Airlines CJSC for 2018-2025. Recently, a new airport has been built in the Gabala district and the airport in the Zagatala district reconstructed. The largest airport in…

Ukraine: Wizz Air launches four new flights

Wizz Air launched four new flights from Ukraine on March 1-3, in particular, from Kyiv to Bremen (Germany), Billund (Denmark) and Riga (Latvia) and from Lviv to Copenhagen (Denmark), the company’s press service has reported. According to the report, Wizz Air performed its first flights from Kyiv to Bremen, Billund and Riga, as well as…

Georgia: wine wins Diamond Trophy in Japan

An international wine competition judged exclusively by Japanese female wine specialists has awarded Georgian wine the competition’s highest award, the Diamond Trophy. The winner of the sixth Sakura competition highest award was a Kisi 2017 of the wine company Vaziani Winery. Kisi 2017 was also the winner of the Double Gold award in the Sakura…

Kazakhstan: Fly Arystan to debut in H1 2019

Kazakh Industry and Infrastructure Development Minister Roman Sklyar spoke about the plans to launch the first flights of Fly Arystan, the country’s first low-cost airline. “Pursuant to the Kazakh President’s task Fly Arystan is to start flying in the first half of 2019. It is expected to carry up to 1 million passengers during the…