Ukraine: retail trade up in January-July 2017

Retail trade in Ukraine grew by 8% YoY in January-July, according to the Ukrainian State Statistics Service’s website. Retail turnover increased the most in Zakarpattia, Vinnytsia, Odessa, Sumy, Mykolaiv, Cherkasy, and Lviv regions – by 21%, 17.7%, 12.8%, 10.8%, 10.6%, 9.5% and 9.5%, respectively. Retail trade in July alone rose by 6.7% against June, while…

Belarus: grain yield in 2017 above 2016 average

This year the grain yield in Belarus is above last year’s average, Belarusian Deputy Agriculture and Food Minister Vladimir Grakun said. “This year the grain yield in the country is above last year’s figures. The average yield in 2017 is 35.8 hundredweights per hectare, with Grodno region posting the crop capacity of 43.5 hundredweights per…

Latvia: electricity price difference with neighboring countries reduced

In recent years, Latvia has managed to reduce the electricity price difference with other Baltic neighboring countries, as reported by Enefit Chairman Janis Bethers. “Although Latvian households still pay the most for electricity, these expenses will continue declining. The price difference with Estonia, which historically has the lowest wholesale prices, has declined nearly 2-fold,” says…

Azerbaijan attracts more airlines

More Russian airlines will fly to Azerbaijan, which enjoys a growing popularity among Russian tourists. The “Ural Airlines” has received permission to fly to Azerbaijan, according to the Rosaviation, Russia’s Federal Air Transportation Agency. The airline received a permission to perform the regular passenger flights Moscow-Lankaran with a frequency of seven times per week. “IrAero”…

Belarus: Brest region grain harvest finished

As of August 20, a total of 1,889.500 hectares, or 87%, of areas under crops have been harvested in Belarus so far. The harvest campaign has been completed in Brest region (the yield is 36.7 hundredweights per hectare), the Belarusian Agriculture and Food Ministry reported. As of August 20, Belarus’ grain harvest exceeded 6.779 million…

Ukraine: 600 km of roads repaired in 2017

As of today, 600 km of roads in Ukraine have been repaired; the funds have been allocated from the state budget, credit resources, as well as proceeds from the overfulfilment of customs payments, Head of the State Agency of Automobile Roads of Ukraine (Ukravtodor) Slawomir Nowak said at a government meeting. “August 18 was the…

Azerbaijan: funding approved for construction of road in Agsu

Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Chaparli-Kandoba-Jalayir road.

Under the presidential order, 5.8 million manats is allocated from the state budget for the construction of the road connecting eight residential areas with a total population of 8,000 people. (AzerNews/Business World Magazine)

Ukraine: NBU buys $44 million

The National Bank of Ukraine (NBU) at the foreign exchange auction on August 17 bought $44 million, according to the press service of the central bank. As a result of the auction, the minimum exchange rate of hryvnia was UAH 25.5 per U.S. dollar, the maximum – UAH 25.5195 per U.S. dollar, and the average…