Ukrenergo in 2016 saw net profit rise 3.7 times (by UAH 2.192 billion), to UAH 3.012 billion compared to 2015, the company said on its website. Its net income in the reporting period increased by 32% (by UAH 1.74 billion), to UAH 7.174 billion, while gross profit rose by 43.1% (by UAH 1.503 billion), to…Details
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The Central Bank of Azerbaijan (CBA) raised 47.7 million mantas at a deposit auction, the CBA said. The CBA was ready to receive 150 million manats for deposit, however, the demand was less than supply. The weighted average interest rate on deposit transactions at the auction was 14.87%. The CBA started holding deposit auctions in…Details
According to the updated statistics data, in January-September 2016/2017 MY Ukraine exported 140 thousand tons of sunflower seed, which became a record figure for the reporting period during 6 recent seasons. At the same time, Ukraine supplied nearly 80% of the reporting volumes to the EU-28 countries, in particular to the Netherlands, France and Spain.…Details
In 2016 Ukraine imported almost 122,954 motor vehicles, totaling more than $1.9 billion. This is reported by UkrAutoprom (Ukrainian Motor Vehicle Manufacturers Association) on its website. In contrast to the previous year, Ukraine’s car imports increased by one third in 2016, while foreign currency expenses for their purchase rose by 74%. Most imports consisted of…Details
The Islamic Corporation for Development of the Private Sector (ICD) intends to establish the investment fund in Tajikistan to support small and medium-sized enterprise (SME) business there, according to the National Bank of Tajikistan (NBT). This issue was reportedly discussed on February 17, at the meeting of the NBT head Jamshed Nourmahmadzoda with the ICD…Details
Uzbekistan Airways is planning to launch charter flights to Burgas and Barcelona this summer. Charter flights aim at popularizing and realizing Uzbekistan’s tourism potential on Bulgaria and Spain’s markets. Recent charters to Bulgaria in summer 2016 and the Maldives in winter 2016-2017 have brought more foreign tourists to Uzbekistan and showed that Uzbek citizens were…Details
The February 10 Presidential Resolution established the Small Business Development Guarantee Fund, a joint-stock company with offices across the regions. The document aims at supporting small business by opening access to commercial banks’ credits. The funds will help procure equipment, expand product range, and promote small businesses’ role in the socio-economic development. The fund’s authorized…Details