Ukraine: another five U.S.-built locomotives arrive

Ukraine’s state-run railways operator, JSC Ukrzaliznytsia, says five more locomotives built by U.S. GE Transportation’s Pennsylvania-based plant have arrived at Ukraine’s port of Chornomorsk. As was the case with 15 previously delivered U.S. locomotives, the five would be sent to Ukraine’s Kremenchuk-based PJSC Kryukivsky Railway Car Building Works for final assembly. “Under the contract, the…

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Ukraine: Kyiv International Airport passenger flow up in January-October 2018

Igor Sikorsky Kyiv International Airport (Zhuliany) serviced 2.424 million passengers in January-October, up by 56.3% YoY, the airport’s press service reports. The number of passengers serviced on international flights totaled 2,351.2 thousand, and on domestic flights – 73 thousand. The number of flights in January-October included 25,904 both arrivals and departures, up by 32.9% (of…

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Estonia: electricity prices not too high

According to Taavi Veskimagi, CEO of the Estonian state-owned transmission system operator (TSO) Elering, the current low price of electricity does not allow for investments. Veskimagi said that the current quarter’s price jump to more than EUR 40 per megawatt-hour was rather an anomaly, and electricity prices were forecast to return to EUR 40 or…

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Ukraine: inflation up in October 2018

Consumer inflation in Ukraine in October accelerated to 9.5% in annual terms, according to the press service of the National Bank of Ukraine (NBU). “In October consumer inflation accelerated to 9.5% YoY (8.9% YoY in September). In the monthly measurement, prices rose by 1.7%,” reads the report. As expected, the fundamental inflationary pressure remained significant,…

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Kazakhstan: economy up in January-October 2018

Kazakhstan’s GDP grew by 4.1% YoY in January-October, Minister of National Economy Timur Suleimenov announced. “In January-October the economy of Kazakhstan maintained a positive growth trend. GDP growth in the period under consideration reached 4.1%. The major factors of economic growth were a high investment activity, slowdown in inflation, and a production increase in the…

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