Each additional billion dollars of foreign investments is an additional 1% to Ukraine’s GDP growth, Yulia Kovaliv, Head of the Office of the National Investment Council, stated during the forum on foreign direct investments. “When we look at the biggest taxpayers, most of them, apart from state-owned companies, are large international companies,” Kovaliv said. She…Details
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The first consignment of buses assembled in Turkey has arrived in Tajikistan. Tajikistan has purchased 40 Isuzu buses assembled in Turkey for Dushanbe and they have moved to Tajikistan through the territories of Iran, Turkmenistan and Uzbekistan. Tajikistan plans to purchase 24 more Anadolu Isuzu buses from Turkey in tsummer. Dushanbe authorities intend to remove…Details
Without state support to involve state businesses in the capital market, it will not be possible to increase activity at the exchange, said Nasdaq Baltic market manager Indars Ascuks. “Purely mathematically – if we look at large companies that are not owned by the state or a single large strategic partner that is possibly quoted…Details
Public joint-stock company Kyivenergo plans to invest around UAH 550 million in reconstruction and development of heat networks and power lines in 2017, Executive Director Alina Bondarenko said at a briefing in Kyiv on April 11. “The approximate sum of investment into the heat networks in 2017 will be UAH 243 million and in the…Details
In February Latvian foreign trade turnover amounted to EUR 1.82 billion, which was 6.1% higher than in February 2016, and the exports and imports values of goods were 5.7% and 6.5% higher, respectively. In February Latvia exported goods in the amount of EUR 832.8 million, and imported goods in the amount of EUR 984.6 million.…Details
Tsesnabank JSC informed it has received a permission of the National Bank to acquire a major stake in Bank CenterCredit JSC and approval to become a bank holding. “Tsesnabank (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE on receipt on April 10, “of permission No. 19 dated April 7,…Details
Tajikistan and Uzbekistan have reestablished regular connecting flights after a 25-year break, paving the way for improved relations, a spokeswoman at Tajikistan’s international airport said. “An Uzbekistan airways flight (from Tashkent) landed at Dushanbe international airport at 8:03 am (0303 GMT),” she said. According to her, “the plane and the passengers were very well met.”…Details