In January-June the average monthly salary in Baku increased by 3.5% YoY and amounted to 816.8 manats, the Statistics Office in Baku reported. The highest average monthly wages are among employees of enterprises and organizations engaged in industrial, financial and insurance, as well as professional, scientific and technical activities, and among workers in the IT…
DetailsIn January-June Ukrainian producers exported 217 tons of frozen fish to the tune of $573,000. 49% of all Ukrainian frozen fish exports (in monetary terms) account for the European countries ($281,100); 32% – the CIS countries ($183,700); and 18% – Asian countries ($105,800). The major importers of Ukrainian frozen fish are Moldova (68.4 tons worth…
DetailsProfits of Ukraine’s state-owned banks in January-June amounted to UAH 19.5 billion ($775.04 million), which was 65% of the profit of the entire banking sector. The Ministry of Finance of Ukraine said, at the same time, almost 60% of all profits in terms of assets were generated by Ukraine’s largest PrivatBank (UAH 18.3 billion, or…
DetailsAzerbaijan’s Carbamide Plant is going not only to improve productivity in the agriculture sector of the country, but also to become one of the main suppliers of fertilizers worldwide. Azerbaijan exported 33,970 tons of carbamide worth $5.4 million in the first half of 2019. All exports accounted for the second quarter of this year. The…
DetailsThe Sunni community of Vilnius plans to build a small mosque. The construction is to cost between 7 and 8 million euros and is to be finished within the next few years. Lithuania’s National Land Service has given the Vilnius Sunni religious community the right to use a 8,4000-square-metre land plot free of charge for…
DetailsThe average monthly wage rose to EUR 1,419 per month in the second quarter of 2019, figures released by Statistics Estonia showed. Compared to the same time period last year the average monthly salary increased by 7.4%. The average hourly gross wage was EUR 8.22 euros, up by 9%. The average monthly gross wages and…
DetailsIn the first half of 2019 the growth of capital investments into the Ukrainian economy made up 13%, compared with the relevant period last year, according to the data provided by the State Statistics Service. In particular, in January-June capital investments into the Ukrainian economy amounted to almost UAH 234 billion (+13.1%), of which UAH…
DetailsUkraine’s power plants in January-July reduced electricity generation by 2% YoY, to 90 billion kWh. Over the period under review, thermal power plants (TPPs) cut power generation by 2.6%, to 34.7 billion kWh, which accounted for 38.6% of the country’s electricity generation, the State Statistics Service said. Nuclear power plants (NPPs) generated 48.7 billion kWh,…
DetailsAstara (Iran) – Astara (Azerbaijan) railway project plays a significant role in the implementation of the North-South international transport corridor and in increasing transit revenues of the two countries. Rail laying on the 40-kilometer section of the Rasht-Astara railway in the province of Gilan in northern Iran will shortly begin, said Saeid Rasouli, President of…
DetailsThe cornerstone for a EUR 7.5-million senior living apartment building to be built by construction company Nordlin Ehitus in Pohja-Tallinn will be laid in a special ceremony. The building to be erected at Maleva 18 will consist of 76 one-room and four two-room apartments. The apartments will be designed for maximum accessibility, and 80% of…
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