Ukraine: retail trade up in H1 2019

Ukrainian companies increased retail trade by 17.9% YoY in the first half of 2019, according to the State Statistics Service. In January-June the retail turnover of retail trade enterprises (legal entities) amounted to UAH 363.8 billion. The leader in terms of retail trade in the first half of 2019 was the city of Kyiv (UAH…

Uzbekistan: Kamaz truck output up in H1 2019

Russia’s largest truck producer Kamaz more than quadrupled its truck production in Uzbekistan to 585 vehicles in January-June, Uzavtoprom said in a statement. “UzAuto Trailer produced 585 trucks of Kamaz in the first half of 2019. It is 4.2 times higher than in the same period of last year,” the statement read. Kamaz launched production…

Ukraine: MHP poultry exports up in H1 2019

During the first half of 2019, MHP poultry exports increased by 43% YoY and reached 190.5 thousand tons. “MHP continued to follow a strategy of both geographic diversification and of a product mix optimization building-up the export volumes of chicken meat across the MENA, the EU, Africa and Asia. Total poultry exports in H1 constituted…

Ukraine: state budget receives over UAH 131 billion in revenues from single social contribution in H1 2019

Revenues from single social contribution totaling UAH 131.4 billion were transferred to the state budget in the first half of 2019, according to the data provided by the State Fiscal Service. “In January-June revenues from the single social contribution for compulsory state social insurance totaled UAH 131.4 billion, up by UAH 23.6 billion or by…

Ukraine: local budgets revenue up in H1 2019

Receipts of own revenues of the local budgets’ general fund in January-June increased to UAH 128.8 billion ($4.99 billion), which is 19.6%, or UAH 21.1 billion ($817 million) over the amount for the same period of 2018. That’s according to Vice Prime Minister, Minister of Regional Development, Construction, Housing and Public Utilities of Ukraine Hennady…

Lithuania: Ukrainians hungry for jobs

Once a country of EU record-high emigration, Lithuania has recently become a new home for thousands of Ukrainians, who come here in search of a better life. According to the Lithuanian Migration Department, the number of Ukrainians living in Lithuania rocketed by almost 42% in 2018, making them the largest foreign community in Lithuania. The…

Azerbaijan: taxes applied to online business

If quarterly incomes of persons in Azerbaijan engaged in online business exceed 200,000 manats, they are subject to income tax and value added tax, the Azerbaijani Ministry of Taxes reported. “If the amount of taxable transactions exceeds 200,000 manats, these people should apply for registration as VAT payers in the first decade of the next…

Azerbaijan: sweet cherries reach Nigerian market

Azerbaijan strives to increase agricultural production not only to meet local demand, but also to get broader access to foreign markets. In this regard, the country strengthens its efforts to support the activities of people engaged in agricultural production. To this end, Azerbaijan established the State Agro Trade Company under the Ministry of Agriculture last…

Kyrgyzstan: state debt up in May 2019

In May the state debt of Kyrgyzstan reached $696 per capita. Over the month, the debt burden has grown by $1.51. According to the Ministry of Finance, as of May 31, the total amount of state debt (external + internal) of Kyrgyzstan was $4,453.86 billion (311,102.22 billion soms), including $3,783 billion (264,242.34 billion soms) of…