Biometric airport equipment recommended by Russian inspectors should arrive in Egypt sometime in November, Egyptian Civil Aviation Minister Sherif Fathy said. “It should arrive in Egypt in mid-November. We will need some time to install it, then we will contact our Russian colleagues and discuss our further steps”, Fathy reported. Acting on Russia’s recommendation following…Details
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DTEK Energo will buy 30,000 tons more gas coal in Poland in addition to earlier contracted 100,000 tons. The company will supply it in November to Burshtyn and Dobrotvirska thermal power plants (TPPs, managed by DTEK Zakhidenergo), the press service of the company has reported. The press service said that first wagons with Polish coal…Details
Shareholders in private joint-stock company AMD Illichivsk (Odessa region) have permitted the company’s board to refinance a credit line with the limit of $30 million (765.98 million UAH). According to a company report, the decision was made at an extraordinary general meeting of shareholders on October 28. The shareholders authorized the board of ADM Illichivsk…Details
Following a surge of public bewilderment over the riches declared by Ukrainian officials and members of parliament under a new system of electronic declaration of the personal financial status, Ukrainians have come up with proposals to make high-rank personalities invest the resources declared in the national economy. A petition for this was registered at the…Details
China’s Silk Road Economic Belt concept has been adapting to Russia’s Eurasian integration program, Russia’s ambassador to China Andrei Denisov said. “There has been significant progress in determining the mechanism of interaction between the Eurasian integration project and the Silk Road concept”, the ambassador said. “We have an opportunity to boost cooperation in all areas”,…Details
The largest bank in Ukraine, PrivatBank (Dnipro) posted a 6.5-fold rise YoY in profit in January-September, to 592 million UAH, the bank has said in a report. Net interest income (before payments to reserves) over the period reached 3.085 billion UAH (3.281 billion UAH in January-September 2015). Commission revenue grew by 71%, to 7.587 billion…Details
Baltic Fuel Company (BFC) says it has obtained a final permit from the Federal Marine and River Transport Agency (Rosmorrechflot) for construction of Marine Oil Terminal “Turukhtanniye Islands” within the Big Port St. Petersburg. This document approves of the construction of the entire complex of assets. The permit for construction of this terminal issued by…Details