Latvia: airBaltic commences direct flights from Riga to Stuttgart and Lviv

On March 31, Latvian airline airBaltic launched the second summer route connecting Riga and Stuttgart, Germany. In addition, airBaltic has also started flights between Riga and Lviv, Ukraine. Martin Gauss, Chief Executive Officer of airBaltic, comments: “Our business strategy Destination 2025 foresees even growth of our destination network. We will continue to increase the number…

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Uzbekistan: UzRail implements new project worth $15 million

Uzbekistan Railways is implementing a new project to modernize the Andijan-Sawai-Khanabad railway and organize passenger intercity train traffic there. The project provides for the modernization of the railway section with a length of over 50 kilometers, as well as straightening parts of the track, reconstruction of artificial structures, modernization of alarm systems and telecommunications, construction…

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Georgia: economy up in February 2019

Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in February equaled 4.6%, while in January-February it was 4.1% YoY. Last month the estimated real growth, compared to the same period of the previous year, was posted in…

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