Lithuanian Airports (LOU), the state-owned airport operator in Lithuania, plans to buy self-service baggage drop-off equipment. The airport operator wants to start using ten self-service baggage drop-off stations at Vilnius Airport’s new terminal scheduled to be completed until mid-2024, Marius Zelenius, head of communication at LOU, has said. It would be a one-step system that…
Georgia’s exports to Azerbaijan from January through November 2021 totaled $488.3 million, the National Statistics Office (Geostat) reported. According to Geostat, the current figure increased by 22.2%, compared to the same period of 2020 ($399.6 million). Top-5 exported commodities from Georgia to Azerbaijan: transport-related equipment – $248.3 million, industrial supplies – $85.4 million, food and…
Ukraine’s state-owned arms exporter, Ukrspecexport, received 144 foreign delegations and signed contracts worth $332 million in 2021, the company’s press service reported. Last year, Ukrspecexport managed to intensify international activities and achieve growth in economic performance. This led to a significant increase in the total amount of newly concluded foreign economic contracts. “Although the revival…
In the banking sector of Ukraine, the share of non-performing loans (NPL) as of December 1, 2021 decreased to 30.7% against 32.7% as of November 1, 2021, the National Bank’s press service reported. Since early 2021, the share of NPLs has decreased by 10.3% (UAH 73.8 billion in absolute terms), being observed in banks of…
In January-November 2021, the deficit of Latvia’s state consolidated budget was EUR 1.03 billion, up by EUR 490.5 million YoY, according to data published by the State Treasury. Considering the costs of the aid provided to reduce consequences from Covid-19 pandemic, the deficit in the state budget reaches EUR 1.08 billion. The municipal budget, on…
The estimated real Gross Domestic Product (GDP) increased by 12% YoY in November 2021 and by 10.7% in January-November 2021, the latest data from the National Statistics Office of Georgia (Geostat) showed. The highest real GDP growth was registered in the following sectors: manufacturing, transportation and storage, arts, entertainment and recreation, trade, hotels and restaurants,…
In January-November 2021, Uzbekistan exported 1,392.6 thousand tons of fruits and vegetables worth over $863.1 million (the rate of decline compared to the same period in 2020 was 7.8%). According to the State Statistics Committee, the main countries purchasing Uzbekistan’s fruits and vegetables are Russia, Kazakhstan, Kyrgyzstan and China. The largest volume in value terms…