Estonia: Linda Line cancels departures

Linda Line, which operates the high-speed catamaran Karolin connecting Tallinn and Helsinki, has canceled its September 11 evening and September 12 departures. According to a notice posted on the ferry operator’s homepage, September 11’s 5 p.m. departure from Tallinn and 7 p.m. departure from Helsinki as well as all September 12 departures are canceled due…

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Ukraine: Agrarian Fund holding talks on construction of mill with AlapalaMakina

The public joint-stock company Agrarian Fund starts negotiations on construction of a mill with Turkey’s Alapala Makina, the industrial division of Alapala Group. “We have received a proposal on supply of milling equipment from the Turkish manufacturer – Alapala Group, one of the two largest global companies in milling industry. Turkey’s Eximbank will finance the…

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Estonia: e-export needs development

According to the Estonian Chamber of Commerce and Industry, Estonian business operators use various e-solutions and social media for showcasing their products and services, however they do not take advantage of all e-trade and -marketing opportunities in export. “Like elsewhere in the world, there are more and more companies in Estonia that are involved in…

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Belarus: Minsk trades with 188 countries in 2016

Minsk conducted export and import operations with 188 countries in 2016, the National Statistics Committee reported. Last year the Belarusian capital exported $8.1 billion worth of products, or 34.6% of the country’s aggregate exports. Minsk companies exported tractors and tractive units, trucks, chemical products, refrigerators and freezers, timber, component parts for trucks and tractors, buses,…

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Turkmenistan acting in line with ICAO standards

Turkmenistan’s President Gurbanguly Berdimuhamedov has met with the President of Council of the International Civil Aviation Organization (ICAO) Olumuyiwa Benard Aliu. During the meeting, the sides exchanged views on the prospects of cooperation as part of Turkmenistan’s national civil aviation development program for 2012-2030, being implemented in the country. Under this program, new air harbors…

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Azerbaijan: AccessBank to get additional funds from shareholders

The international ratings agency Fitch Agency has downgraded Azerbaijani AccessBank’s Long-Term Issuer Default Rating (IDR) to “BB-” from “BB+”, says the agency’s report. At the same time, the agency has affirmed the bank’s Viability Rating (VR) at “f”. According to Fitch experts, the bank’s shareholders provided $20 million of equity in March and were committed…

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Ukraine: Ukroboronprom showcasing high-precision weapons at MSPO 2017 in Poland

Ukraine’s state-owned Ukroboronprom concern is presenting the defense military complex products at the 25th international arms exhibition MSPO 2017, taking place in Kielce, Poland, from September 5 through September 8. According to Ukroboronprom, Ukraine at the expo showcases high-precision weapons, including anti-tank missile systems supplied to Ukraine’s army and available for exports. In addition, the…

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