Ukrainians more actively used smartphones to pay bills and handle other financial transactions in the past year: the number of payments with mobile apps grew by 50%. PrivatBank’s press service reported that the number of transactions via the Privat24 mobile app increased from 8.9 million in March 2018 and to more than 15.8 million in…
DetailsRomanian TAROM airline will launch regular Bucharest-Yerevan flights twice per-week, the Zvartnots airport of the Armenian capital said. It said TAROM would further increase the frequency of flights to three-times per week. Months earlier the deal was reached between TAROM and Zvartnots airport. The airport did not specify when exactly the flights would commence. (Armenpress/Business…
DetailsCapitalization of Azerbaijan’s banking sector amounted to 4.24 billion manats in February, up by 4.2% MoM, the Financial Market Supervisory Authority of Azerbaijan (FIMSA) reported. Over the year, the capitalization of banks increased by 9.2%. The special capital of banks in the reporting period amounted to 3.96 billion manats compared to 3.79 billion manats at…
DetailsIn March AS Tallink Grupp transported 686,488 passengers, down by 4.1% YoY. The number of cargo units increased by 2%, to 32,524 units and the number of passenger vehicles by 5.9%, to 76,016 units, the company says in a press release. In the first quarter of the 2019 financial year (January-March) AS Tallink Grupp transported…
DetailsThe Kosice-Mukachevo train has carried out its first test ride. “It was a test ride. We plan to launch the regular passenger service, as promised, already in June. It will take four hours to get from the Ukrainian railway station to Slovakia. The route is: Kosice – Cierna nad Tisou – Chop – Mukachevo,” Yevhen…
DetailsAccording to the State Fiscal Service of Ukraine, margarine exports in January-February totaled 6.235 thousand tons valued at $8.866 million. Margarine imports totaled 2.993 thousand tons at $6.924 million. In 2018, exporters shipped abroad 69.944 thousand tons of margarine ($98.629 million), while imports reached 12.595 thousand tons ($37.166 million worth). (UkrAgroConsult/Business World Magazine)
DetailsAn increase of at least 15% is expected in Azerbaijan’s persimmon output in 2019, Chairman of the Persimmon Producers and Exporters Association Gadir Yusifov announced. The chairman underlined the intensive growth in the agricultural sector of Azerbaijan. In particular, he highlighted the correct pruning of trees in 95% of all regions of the country involved…
DetailsAt the meeting of the Turkmen government, a proposal was made to join the Central Asia Regional Economic Cooperation (CAREC) Program. The possibility of connecting Turkmenistan to the regional technical assistance project “Railway Sector Development in Central Asia Regional Economic Cooperation Countries” was discussed at the meeting. President of Turkmenistan Gurbanguly Berdimuhamedov said that the…
DetailsUzbekistan’s expenditures on the import of weapons and ammunition, their parts and accessories in 2018 amounted to $700,000, the Central Bank reported. In 2016-2017, $300,000 was spent for these purposes. Thus, over the past year, spending on armaments has more than doubled. Data on the import of weapons and ammunition are disclosed by the Central…
DetailsThe income of the population in Ukraine grew by 9.9% YoY in 2018, to UAH 3.219 trillion ($119.24 billion). “Disposable income per person amounted to UAH 57,908.6 ($2,144),” the State Statistics Service said. As for the income structure, 47.4% was salary (45.6% in 2017), 17.6% – profit and mixed income (18%), 2.6% – income from…
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