The aggregate state (direct) and state-guaranteed debt of Ukraine in January decreased by 0.25%, or by $190 million, to $76.11 billion, according to the website of the Ministry of Finance. In the national currency the state debt decreased by 0.46%, or by UAH 9.82 billion, to UAH 2.132 trillion. According to the report, public debt…Details
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Head of the HypeUA project for the construction of a Hyperloop-type facility in Ukraine, Oleksandr Ozeran, has announced approximate costs of test site construction in the city of Dnipro. “Work on estimates is underway. But it doesn’t cost a lot of money. Now the construction of 1 km of track in Europe costs $40 million.…Details
MTZ’s export rose by 26% YoY, to $561 million in 2017, Yuri Pototurko, the acting deputy director general for marketing – marketing director of Minsk Tractor Works (MTZ trademark), said at an international conference of MTZ distribution network entities. MTZ significantly built up exports to a number of countries: Russia, Uzbekistan, Kazakhstan, Azerbaijan, Tajikistan, Kyrgyzstan,…Details
A solemn opening ceremony of the international airport was held in Turkmenabat city, the administrative center of Lebap province. The airport built by Gundogdy local company is located 13 kilometers from the city in close proximity to the Ashgabat-Turkmenabat highway and the Ashgabat-Kerki railway. The capacity of the complex is 500 passengers per hour. A…Details
Uzbekistan plans to increase exports of fruit and vegetables by 30% YoY, to 1.2 million tons in 2018, the holding company “Uzbekozikovkatholding” reported. The company plans to reach an indicator of 1.2 million tons worth $1 billion. In 2017 the volume of exports of fruit and vegetable products amounted to 918,080 tons or $665.9 million.…Details
BNP Paribas S.A. (France) has increased its stake in UkrSibbank (Kyiv) to 60% from 59.99%, the Ukrainian bank reported in the information disclosure system of the National Securities and Stock Market Commission. According to the report, the securities were transferred from the accounts of minority shareholders to the account of the French bank under the…Details
The European Bank for Reconstruction and Development (EBRD), Ukraine’s largest international investor, supports the Ukrainian government’s updated strategy for reforming the country’s state-owned banks. EBRD’s Country Director for Ukraine Sevki Acuner said that the strategy had been developed in the form of a general debate, which resulted in a very clear-cut strategy with the clear…Details