The Road Administration authority has declared the procurement procedure in the Tallinn-Kuressaare flight route, linking the capital of Estonia’s largest islands to the mainland, invalid, leaving it unclear who will be operating the route in future. The issue surrounds the awarding or otherwise of the contract to Regional Air, a subsidiary of Estonian carrier Nordica.…
DetailsThe World Bank (WB) has maintained the forecast of GDP growth in Azerbaijan in 2019 at the level of 3.3%, based on the bank’s June report “Global Economic Prospects”. According to the report, WB confirmed the acceleration of GDP growth in Azerbaijan in 2020 to 3.5%, and in 2021 – to 3. %. In general,…
DetailsGeorgia’s three international airports serviced 1,912,352 passengers in January-May, up by 19% YoY, says the United Airports of Georgia. The number of passengers who took regular or charter flights in Georgia increased in all three main airports of the country: Tbilisi Shota Rustaveli International Airport, Batumi Aleksandre Kartveli International Airport and Kutaisi David Aghmashenebeli International…
DetailsIn January-May, Ukrainian gas enterprises produced 8.8 billion cubic meters of natural gas, the press service of Ukrtransgaz JSC reports. “Since the beginning of the year and as of May, Ukrainian gas enterprises produced 8.8 billion cubic meters of natural gas, up by 3.5% YoY,” reads the report. Ukrainian consumers of all categories from the…
DetailsTransit shipments of natural gas via the Ukrainian gas transmission system (GTS) in January-May grew by 7.8% YoY, to 37.6 billion cubic meters. In particular, gas transit supplies from Russia via Ukraine in May alone stood at 8.37 billion cubic meters, up by 16.4% YoY, the state-run gas transmission system operator Ukrtransgaz said. (UNIAN/Business World…
DetailsKazakhstan exported 1.2 million tons of flour in September-March 2018-2019, down by 21% YoY and the lowest volume in three years. Afghanistan is the biggest importer with its market share reaching 67%. Growth in exports is registered to China (+272%) and Tajikistan (+59%). A decrease in shipments is observed to Afghanistan (-20%), Uzbekistan (-33%) and…
DetailsThe Centre Party announced that a quick solution and government intervention was required to help mitigate the effects of proposed layoffs by state-owned energy provider Eesti Energia. The decision was made at a crisis meeting held by the coalition majority party’s parliamentary group, with group chair Kadri Simson stating the two key issues were preserving…
DetailsAn agreement has been reached in a court of justice in Lithuania with Latvian airline airBaltic on payment of compensation to passengers worth a total of EUR 120,000, according to representatives of flight compensation assistance company Skycop. Last year, Skycop commenced more than 200 litigations against airBaltic over the airline’s unpaid compensation to passengers. Following…
DetailsWizz Air from July 18 will increase the frequency of flights between Kyiv and Tallinn, Estonia, from four to five flights a week. This information is included in the airlines’ booking system. Additional flights will be operated on Thursdays until October 24 inclusively, after which the frequency will return to the current four flights a…
DetailsCentral bank is likely to leave its main interest rate unchanged on June 6, following a delay to the disbursement of International Monetary Fund aid worth $1.3 billion, a monthly analyst poll showed. Most of the analysts – 11 out of 17 polled by Reuters – expect the rate to remain at its current 17.5%.…
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