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Kazakhstan: FlyArystan starts selling tickets for its first flight

FlyArystan, a low-cost airline, has announced the sales start for its first flight en route Almaty-Taraz slated for May 1, the company's press service reports. The one-way ticket cost starts at KZT 4,999, including passenger charges. The flight duration is 60 minutes. The daily flights will be operated by Airbus A320. FlyArystan is expected to carry more than 130,000 passengers from...

Estonia: retail trade turnover up in February 2019

According to Statistics Estonia, the turnover of retail trade enterprises increased by 5% at constant prices in February compared to the same month last year, reaching EUR 527.5 million. The turnover of shops selling manufactured goods increased by 6%. The greatest increase was reported for shops selling textiles, clothing and footwear, with sales increasing by 13%. The turnover of shops selling...

Ukraine: SkyUp Airlines to launch flights to Croatia

Ukrainian SkyUp Airlines will launch flights to the Croatian city of Pula on June 15. "SkyUp Airlines will fly to Croatia every Saturday starting from June 15," SkyUp Airlines reports on Facebook. It is also noted that the price of a roundtrip ticket (Kyiv - Pula - Kyiv) without luggage starts from UAH 4,336. The tickets are already available on SkyUp...

Ukraine: farmers to get back 30% of elevator construction cost

Two programs aimed at helping farmers in construction of elevators will work in 2019. One program provides for a 30% compensation to agricultural producers from the amount spent on the construction. Around UAH 859 million are provided for these purposes. The second program provides for a 25% compensation of domestically produced elevator equipment cost. (UkrAgroConsult/Business World Magazine)

Kazakhstan: 60,000 people to be provided with gas

Vice Minister of Energy Magzum Mirzagaliyev informed about preliminary results of the country's gasification and plans for the future. "As for gasification, in 2014 we adopted the country's general gasification scheme that reflected priority areas and domestic demand in gas. The general gasification scheme is financed from the national budget, national operators' revenues and other sources. 18.4 billion tenge were...

Estonia: industrial production volume up in February 2019

In February the production output of industrial enterprises increased by 4% YoY. While production increased in the manufacturing and mining sectors, it decreased in the energy sector, Statistics Estonia reported. The total manufacturing production in February was 7% higher than in the corresponding month of 2018. Over a half of the branches of industry exceeded the volume of February last...

Kyrgyzstan: at least 25 private companies selling electricity

At least 25 private companies sell electricity in Kyrgyzstan, the State Agency for Regulation of Fuel and Energy Complex and Subsoil Use reported. An average set tariff is 181.6 tyiyns per kilowatt-hour. On average, private companies buy electricity from Electric Stations OJSC at 101.43 tyiyns per kilowatt-hour. The tariff for non-domestic consumers is 223.54 tyiyns, for household consumers - 118.62 tyiyns,...

Ukraine: Deposit Guarantee Fund extends liquidation of two banks

The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of two banks - PJSC Profin Bank and JSB Ukoopspilka, the Fund's press service reports. "The Executive Directorate of the Deposit Guarantee Fund approved a decision dated March 25, No. 660, to extend the term of liquidation of JSB Ukoopspilka for one year, from April 23, 2019 until...

Ukraine: Bogdan Corporation manufactures first bus body for France’s Bluebus

Kyiv-based Bogdan Corporation, one of Ukraine's major motor vehicles manufacturers, has manufactured the first 18-meter bus body for electric buses of Bluebus, a French manufacturer of environment-friendly public transport vehicles, as part of a new contract signed earlier this year. "Partnership with European companies is an important vector of the corporation's development, which seeks to expand international relations for the...

Uzbekistan: Central Bank suspends nine commercial banks from trading on currency exchange

Nine commercial banks of Uzbekistan have been suspended from participation in currency trading "due to systematic violations related to transactions on the currency exchange", the Central Bank of Uzbekistan reported. Hamkorbank, Turkiston Bank, HayTek Bank, Universal Bank, Invest Finance Bank, Ipak Yuli Bank, Savdogarbank, Trust Bank and Asia Alliance Bank were among those removed. "Measures and sanctions for violations of currency...