The National Bank of Ukraine has prolonged sanctions against Sberbank, Prominvestbank, VTB Bank, and BM Bank, in line with the decision of the National Security and Defense Council of Ukraine “On the application of personal special economic and other restrictive measures (sanctions)” dated March 1. According to a report posted on the NBU website, the…Details
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NJSC Naftogaz of Ukraine has assured that Ukraine has sufficient natural gas reserves in its underground storage facilities, the company’s press service wrote on Twitter. “A drop in temperatures is expected in Ukraine. We are ready for this. This time we are not waiting for gas supplies from Gazprom. The gas demarche boomeranged against Gazprom…Details
At a meeting with representatives of the International Monetary Fund (IMF), Prime Minister Juri Ratas (Center) said that Estonia met the objective of medium-term budget balance and according to current plans should reach a balance by the year 2020. At the meeting Ratas introduced the Estonian government’s budget policy as well as activities to support…Details
Cruise travel is currently one of the most rapidly growing tourism segments in the world, chosen for recreation by approximately 23 million passengers every year. Market trends suggest that the number of cruise passengers may increase by another third by 2030, revealing more and more new tourist routes and market niches. A significant increase in…Details
The Belarusian mechanical engineering company Belkommunmash is working to sell electric buses to Tbilisi and Batumi, Deputy Chairman of the Minsk City Executive Committee Alexander Krepak reported. Belkommunmash and the Tbilisi mass transit system operating company are expected to sign an agreement of intent to sell electric buses to the capital of Georgia and the…Details
Ukraine has successfully tested the new 152mm artillery ammunition produced by the state-owned Kyiv-based Artem, which is a part of the country’s major arms producer UkrOboronProm. Thus, Ukraine has secured own production of large caliber artillery ammunition, according to Pavlo Bukin, CEO at UkrOboronProm (UOP). Commenting on the results of the latest tests, Bukin said…Details
In January-February the number of passengers carried by Ukrainian airlines rose by 8.8% YoY, and the passenger traffic flow through Ukrainian airports increased by 19.3%, according to the State Aviation Service of Ukraine. “In January-February the volume of passenger-carrying operations of Ukrainian airlines increased by 8.8% and totaled 1,344.4 thousand people. The volume of international…Details