The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) will provide a EUR 75-million sovereign loan to modernize Tbilisi’s metro network in Georgian capital city. The EBRD will allocate EUR 65 million, while the GCF will provide EUR 10 million, which will be spent on the acquisition of 40 modern…
Following a request from Latvia’s Transport Ministry, airBaltic airline will perform flights to and from Amsterdam on May 11 and 12 to carry employed persons back to Latvia and ensure other employed persons are able to reach their workplaces in other EU member states. Each flight will carry up to 141 passengers, the airline reports.…
During his working trip, Prime Minister Askar Mamin inspected the construction of transport and socio-cultural infrastructure in the cities of Shymkent and Turkistan. In Shymkent, the head of government was informed about the construction progress of the new passenger terminal of the international airport with a capacity of 2,000 passengers per hour, planned to have…
Operating banks in Ukraine in January-March posted UAH 15.974 billion, or $592 million, in profit, up by 23.8% YoY. The banks’ revenue for this period increased by 12.6%, to UAH 65.343 billion ($2.4 billion), and expenses grew by 9.4%, to UAH 49.369 billion ($1.8 billion), the National Bank of Ukraine said on its website. Data…
PrJSC Donbasenergo, an electricity generating company, in January-March saw UAH 58.03 million in net profit, up 26.4-fold YoY. According to a company report in the information disclosure system of the National Securities and Stock Market Commission, its net revenue over the period grew by 1.3%, to UAH 1.587 billion, while gross profit fell by 17.35,…
Compared to February, the level of construction costs in Latvia grew by 0.1% in March. Prices of building materials increased by 0.5%, but labor remuneration of workers, as well as maintenance and operational costs of machinery and equipment – reduced by 0.4%, according to the latest data from the Central Statistical Bureau of Latvia. In…
The Lithuanian government has allowed regular Vilnius-Frankfurt flights to resume on May 10. Flights in Lithuania were allowed to start on April 30, but all inbound flights needed to be approved by the government. There are no restrictions on outbound flights, “as they will not affect the epidemiological situation in the country,” according to the…