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Ukraine: free trade agreement signed with Israel

Ukraine's First Deputy Prime Minister and Minister for Economic Development and Trade Stepan Kubiv and Israel's Minister of Economy and Industry Eli Cohen have signed a free trade agreement between the two countries. The signing ceremony took place in the presence of Ukrainian President Petro Poroshenko, who was on a visit to Israel on January 20-21. Poroshenko said that one hundred...

Ukraine: Kernel to supply kosher vegetable oil to Israel

On January 17, Kernel completed the production of an export consignment of bottled vegetable oil with a Passover Kosher certificate from Badatz Beit Yossef, the company informed on Facebook. The produce was manufactured by Prykolotnoe OEP. People in Israel will be able to use oil for cooking as early as April, during the celebration of one of the main Israeli holidays...

Estonia: December 2018 industrial producer price index up

According to information released by Statistics Estonia on January 21, in December 2018 the industrial producer price index (PPI) decreased by 0.6% MoM, but increased by 1.6% YoY. Compared to the previous month, the industrial PPI in December 2018 was affected more than average by a price decrease in the manufacture of electronic equipment, fuel oils and furniture, but also...

Latvia: improvements expected from LDz

"Last year was a turning point for railway freight. The industry managed to recover from the decline, the lowest point of which was in 2017. It is too soon to celebrate last year's grown, because this industry remains dependent on external risks and flaws caused by internal factors of the transit corridor," says Baltic Association - Transport and Logistics...

Azerbaijan: Baku airport’s activity unaffected by heavy fog

Heavy fog in Baku didn't affect the activity of the Heydar Aliyev International Airport. All flights are performed in accordance with the schedule. "There are no delays in arrival and departure of the flights," the airport said. (Trend/Business World Magazine)

Ukraine: electricity exports up in 2018

Ukraine boosted electricity exports by 19.36% in 2018 from 2017, to 6.166 billion kWh. Over the period under review, Ukraine exported about 3.59 billion kWh of electricity to Hungary, which accounted for 58% of electricity sales abroad, 1.4 billion kWh to Poland (23%), and 960 million kWh to Moldova (16%), according to the website of the Ukrainian integrated power grids...

Ukraine: Centrenergo to switch to gas coal in 2019

PJSC Centrenergo will be transferred to gas coal in 2019, Energy and Coal Industry Minister Ihor Nasalyk has said. "PJSC Centrenergo consumed 2.2 million tons of anthracite in 2016, 800 thousand tons in 2017, and 400 thousand tons in 2018. The balance forecast and fuel structure for 2019 envisage no anthracite consumption at all," Nasalyk said at Government Question Hour...

Uzbekistan: trade with Russia up in 2018

The trade turnover between Russia and Uzbekistan in 2018 increased by 21% YoY, to $5.7 billion, said the Ambassador of Uzbekistan to the Russia, Bortizhon Asadov. "Russia remains the largest trading partner of Uzbekistan. Mutual trade grew by 21% and reached $5.7 billion at the end of 2018," the ambassador said. President of Uzbekistan Shavkat Mirziyoyev said in October 2018, that...

Kyrgzystan: Air Manas airline repeatedly cancels all flights to Osh

Air Manas airline canceled Bishkek - Osh - Bishkek flights due to production reasons. Flights ZM 193EUR 194 and ZM 197EUR 198 were cancelled on January 18. Technical service immediately began troubleshooting. Passengers of canceled flights can exchange tickets for other flights or get a full refund. Previously, the company has already canceled flights until January 13. (24.kg/Business World Magazine)

Kazakhstan: Sky Service airline’s flights suspended

Kazakhstan's Civil Aviation Committee suspends all the flights operated by Sky Service airline. "Due to the recent crash of Eurocopter ES130 T2 in Almaty, the Civil Aviation Committee decided to suspend flights of Sky Service airline," a press release reads. Besides, the Committee notified all air carriers and operators to strictly observe flight operations regulations in civil aviation of Kazakhstan, which...