The turnover of retail trade enterprises was EUR 778 million in May, up by 18% YoY at constant prices, data from Statistics Estonia showed. Jaanika Tiigiste, leading analyst at Statistics Estonia, explained that turnover growth of retail trade enterprises in May was mostly influenced by stores selling manufactured goods, where turnover increased by 32%. “The…
Uzbek and Turkish entrepreneurs inked 25 documents worth over $679 million, as they attended an Uzbek-Turkish business forum in Tashkent on June 28-29. The event was organized as part of Turkish delegation’s visit to Uzbekistan. The forum saw presentations by the heads of ministries and industry associations, which were focused on projects in the fields…
On June 29, the Ukrainian Finance Ministry raised UAH 2.5 billion towards the state budget as a result of auctions on the placement of domestic government bonds, the Finance Ministry wrote on its Facebook page. The Finance Ministry offered investors seven issues of hryvnia-denominated bonds, with a maturity of 3 months, 1 year, 1.5 year,…
The National Bank of Ukraine (NBU) provided a total of UAH 750 million in refinancing to five banks, the central bank’s press service reported. “On June 25, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of five banks for a total sum of UAH 750.0…
This year Swedish ferry company Stena Line deployed two new, large and modern ferries on its route connecting Latvia’s Ventspils and Sweden’s Nynashamn, as confirmed by the company. The first of them – Stena Scandica – arrived in Ventspils on June 29. It is preparing for its first voyage, which will start on July 2.…
Foreigners are very interested in working in Estonia and attracting talent to Estonia is the easiest part of recruiting, a new study shows, but employers expect more help from the state during the process. The study was carried out by the Center for Applied Social Sciences (CASS) of the University of Tartu on behalf of…
Turkey and Uzbekistan increased their trade volume by 83% YoY, to $1.3 billion in January-May despite the pandemic conditions, the Turkish vice president Fuat Oktay said on June 28 as he addressed the Uzbekistan-Turkey Business Forum in Tashkent. The event was organized by Turkey’s Foreign Economic Relations Board (DEIK) as part of the 6th Meeting…