Air Astana has signed an agreement for long-term leasing of 5 Embraer E190-E2 airliners from AerCap. The aircraft delivery will begin in Q4 2018. “The acquisition of the E2 is the logical replacement of the E190 which we have been successfully operating since 2011. The E190 has enabled us to open up smaller markets in…Details
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TAScombank (Kyiv) saw UAH 22.337 million of net profit in January-June, up 30.7-fold YoY (UAH 727,000). According to a bank report, its net interest income in H1 quadrupled, to UAH 617.9 million. Not taking into account expenses to form reserves net interest income totaled UAH 392.055 million (6.2-fold rise). The bank saw a 2.5-fold rise…Details
The Ukrainian company Nibulon plans to build at least 10 river transshipment terminals for bulk cargoes along the Dnipro River, the Southern Buh River and other navigable rivers of Ukraine, the General director of the company, Oleksiy Vadaturskyy declared. “We plan to build 10 facilities along the Dnipro River and along other rivers. This will…Details
Traditional Uzbek goods, including fresh and processed products of agricultural and food industry are set to be exported under a single brand UzAgro, according to the management of the holding company “Uzbekoziqovqatholding”. According to company representatives, the new brand will serve as a guarantee of high quality of products and services for partners in any…Details
In Q2 compared to the corresponding period of 2016 GDP grew by 4.1%, according to seasonally and working days non-adjusted data and by 4.8% according to seasonally and working days adjusted data. During Q2, the GDP was affected by an 8% increase in the volume of industrial production, 14% increase in construction, as well as…Details
Within four years, a number of Ukrainians traveling by plane should grow to 20 million per year, Infrastructure Minister of Ukraine Volodymyr Omelian said. “Our strategy envisages that within four years the number of air passengers will increase from 8 to 20 million people per year,” the minister said. According to him, now 4-5% out…Details
Italian company COF SpA and Minsk greenhouse vegetable company will set up a joint enterprise to produce lettuce in Belarus, according to the website of the National Agency of Investment and Privatization. During the ceremony to sign the relevant agreement, Francesco Barbieri, the head of COF SpA, said that he believed that this cooperation was…Details