The number of companies that are indebted to State Revenue Service continues to increase. Since May there has been an increase in the number of people engaged in business activities, as well as the number of debtors to SRS, according to data from the Credit Information Bureau. CIB’s database has information about 44,000 businesses’ and…Details
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Cotton harvesting campaign started in Turkmenistan’s Akhal, Lebap and Mary provinces on August 30, this is while in Dashoguz province, the cotton harvesting will start on September 6, the Turkmen Ministry of Agriculture and Water Resources reported. It is planned to harvest 1.05 million tons of raw cotton in Turkmenistan. Raw materials and derivatives are…Details
Kyrgyzstan exported to Uzbekistan 1.2 billion kilowatt-hours of electricity. This was said at the meeting of the republican headquarters for the preparation for the autumn-winter period-2017/2018 by the chairman of the National Energy Holding Company Aibek Kaliev. According to him, exports to a neighboring country began on June 16, and as of today amounted to…Details
PJSC Farmak pharmaceutical company will invest UAH 230 million in the development of projects in 2017, Farmak CEO Augustin Dubnicka has said. According to Dubnicka, at present the company uses and plans to use mainly own funds for the development of projects, although in the past the company used a certain amount of attracted resources.…Details
Ovostar Union, a leading shell egg producer in Ukraine, saw $3.9 million of net profit in January-June, down by 56.5% YoY. According to a company report published on August 30, revenue over the period grew by 6%, to $36.5 million, while gross profit narrowed by 28%, to $8.5 million, and operating profit declined by 40%,…Details
This year’s September may turn out rather good for gardening and fruit harvest, predicts Latvian Rural Advisory and Training Centre’s senior gardening specialist Maris Narvils. He says there are currently no concerns for any sudden weather changes to impact fruit growers in the coming weeks. September may be rather beneficial to gardening work and fruit…Details
Ukraine: NBU allows providing hryvnia loans against collateral of foreign currency on customers’ accounts
The National Bank of Ukraine (NBU) has allowed banks to provide loans in domestic currency against the collateral of foreign currency on customers’ accounts. This has been reported by the press service of the central bank. “As part of further relaxations of anti-recessionary foreign exchange restrictions, the National Bank of Ukraine has allowed banks to…Details