Turkmenistan: development of economic co-operation discussed with Romania

The Ministry of Finance and Economy of Turkmenistan and the Ministry of Economy, Commerce and Business Environment of Romania have signed a memorandum of understanding on cooperation in the economic sphere. The document was signed in Ashgabat as part of the seventh meeting of the joint Intergovernmental Turkmen-Romanian Commission for Economic, Scientific and Technological Cooperation.…

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Ukraine: Ukrzaliznytsia reports UAH 100 million net profit in 2017

Ernst & Young auditing company confirms that PJSC Ukrzaliznytsia has improved its financial results and achieved profitable growth, according to Ukrzaliznytsia acting Board Chairman Yevhen Kravtsov. In a post on his Facebook page, Kravtsov wrote: “One of the world’s best auditing companies has confirmed the right direction and implementation of the strategy for reforming PJSC…

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Tajikistan: cement production up in Q1 2018

Over 782,400 tons of cement were produced in Tajikistan in the first quarter of this year. The volume of cement production increased by 356,000 tons compared to January-March of the previous year, according to the profile departments of the country’s economic bloc. Taking into account the implementation of new infrastructure projects, construction of residential houses,…

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Ukraine: $400 million in military products exported to India in three years

CEO of Ukraine’s state-run military-industrial concern Ukroboronprom Pavlo Bukin says Ukrainian enterprises of the military-industrial complex in the past three years exported military products to India to the tune of about $400 million. Mykolaiv-based Zorya-Mashproekt alone sold gas turbines worth $200 million to the Indian Navy for its warships, the concern’s press service said. “In…

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Azerbaijan: Aliyev Airport passenger throughput up in Q1 2018

During the first three months of 2018 Heydar Aliyev International Airport served over 897,000 passengers. This indicator exceeds the same indicator of the previous year by 15%. National air carrier Azerbaijan Airlines (AZAL) carried 362,000 passengers, while the national low-cost airline Buta Airways – 104,000 passengers. 768,000 passengers (85.6% of passenger traffic) accounted for international…

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Belarus: trade with Turkey to grow

A Belarusian parliamentary delegation headed by Valery Voronetsky, Chairman of the Standing Committee on International Affairs of the House of Representatives of the National Assembly of Belarus, met with Chairman of the Committee on International Affairs of the Grand National Assembly of Turkey Volkan Bozkir in Ankara, the press service of the House of Representatives…

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Georgia: airport passenger traffic up in Q1 2018

Georgia’s three international airports served 839,612 passengers in the first three months of 2018, up by 36% YoY. 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 International Airport and Kutaisi David Aghmashenebeli International Airport. More specifically,…

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Ukraine: WB predicts inflation in 2018

The World Bank predicts that inflation in Ukraine in 2018 may reach 10%, as inflation risks remain quite significant, World Bank Economist for Ukraine Anastasia Golovach said at a press conference. “Inflation reached almost 14% in 2017. Inflation risks remain significant, and we expect inflation to reach 10% in 2018,” Golovach said. According to her,…

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Belarus: Belavia to get five Embraer aircraft on leasing terms in 2019-2020

The Belarusian air carrier Belavia will get five Embraer aircraft on leasing terms in 2019-2020, Belavia Director General Anatoly Gusarov declared. The executive said: “We’ve finished negotiations with the Irish company Nordic Aviation Capital on acquiring five Embraer aircraft on leasing terms.” In line with the contracts Belavia will get three Embraer 195 aircraft and…

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