Ukrainian Locomotive Building Company LLC plans to occupy up to 10% of freight rail traffic in Ukraine over the next five years, Technical Director of the company Volodymyr Krot has said. “I think that the nearest ambitions of our company, which can be set for ourselves, are up to 10% of the freight rail transportation…
DetailsUkrainian state banks in the first half of 2020 wrote off non-performing loans (NPLs) worth UAH 26 billion at the expense of reserves and restructured such loans worth UAH 2.6 billion, the Ministry of Finance reported. To reduce the share of NPLs, state-owned banks also filed 29,000 new claims to collect debts for a total…
DetailsGeorgia has already exported 1,334 tons of hazelnuts this year – twice as much as the country exported in the same period of last year, said the Georgian Ministry of Agriculture. The major European countries to which Georgia has exported hazelnuts are: Germany – 350 tons, Italy – 289 tons, the Czech Republic – 110…
DetailsIn April-June, compared to Q2 2019, gross domestic product (GDP) decreased by 8.9% (according to seasonally and calendar non-adjusted data). In the first half of the year GDP reduced by 5.4%. In Q2, GDP at constant prices was EUR 6.9 billion. As compared to the previous quarter, GDP fell by 6.5% (according to seasonally and…
DetailsGross Domestic Product (GDP) fell by 6.9% YoY in the second quarter of 2020, according to the state agency Statistics Estonia. GDP at current prices stood at EUR 6.4 billion. Robert Muursepp, leading analyst at Statistics Estonia, says most economic activities experienced an economic downturn as a result of the emergency situation. “Accommodation and food…
DetailsPresident of Ukraine Volodymyr Zelensky has signed a law on raising the minimum wage in Ukraine, approved by the Verkhovna Rada at an extraordinary meeting on August 25, according to the president’s website. The document provides for an increase in the minimum monthly wage and its establishment at the level of UAH 5,000 from September…
DetailsKirovohrad region has a strong potential and should develop the transport sector, food industry, mechanical engineering, instrument engineering, IT, as well as land resources. “Kirovohrad region has a favorable geographical location and, therefore, good transport potential. It has very fertile lands and mineral resources, has a future in the food industry, mechanical engineering, instrument engineering…
DetailsCompared to July 2019, total retail trade turnover rose by 3.8% in July 2020. Turnover of retail trade in food products grew by 1.7%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 4.4% and turnover of retail sale of automotive fuel – by 6.8%. The most notable turnover growth…
Details33 families received keys to their new apartments in Atyrau city on the eve of the Constitution Day. Most of the families are families with many children who have been waiting to move into their new dwellings since 2013. All the apartments are located in a new residential complex in Nursaya micro-district and have been…
DetailsTesting of the digital trade route from Estonia to Poland starts, during which the Estonian Tax and Customs Board and the Police and Border Guard Board will try to use real-time document management systems to reduce paperwork in the logistics sector in the future. During testing, it will no longer be necessary to stop the…
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