Ukraine: UIA welcomes first Embraer 195

On March 12, Ukraine International Airlines welcomed to its fleet a medium-haul Embraer-195. The plane received the registration number UR-EMG and became the 6th aircraft of the Embraer brand in the UIA fleet. The aircraft accommodates 116 passengers in a two-class cabin configuration, i.e. Business and Economy Class. Therefore, passengers will be able to enjoy…


Ukraine: SkyUp Airlines launching 3 flights

The Ukrainian airline SkyUp is launching flights from Kiev to Yerevan (Armenia), Varna and Burgas (Bulgaria), according to the company’s website. The flights will be operated with departure from Boryspil airport in the Ukrainian capital. Kyiv-Yerevan flights will start from May 17 and will be operated twice a week on Mondays and Fridays. Kyiv-Varna flights…


Ukraine: banks post over UAH 5 billion in net profit in January 2019

As of February 1, the net profit of Ukrainian banks amounted to UAH 5.43 billion, according to the National Bank of Ukraine (NBU).

The banking system revenue for January amounted to UAH 20.18 billion, spending – UAH 14.754 billion and net profit – UAH 5.426 billion. (Ukrinform/Business World Magazine)

Ukraine: UAH 1.3 billion allocated to repair two roads of national significance

The state allocated UAH 1.3 billion for the repair of two roads of national significance, namely Mykolaiv-Dnipro and Mykolaiv-Kropyvnytsky, Ukrainian Infrastructure Minister Volodymyr Omelyan said during a meeting of the Mykolaiv Region Development Council. “I am aware of the state of these roads. Therefore, the government has allocated UAH 1.3 billion for the repair of…


Kyrgyzstan: Russia wants to participate in creation of China-Uzbekistan railway

Russia is interested in participating in the construction of the China-Kyrgyzstan-Uzbekistan railway. Deputy Prime Minister of Kyrgyzstan Zhenish Razakov made the statement during a meeting of the Russian-Kyrgyz intergovernmental commission for trade, economic, scientific, technical and humanitarian cooperation. Deputy PM stressed that Russia’s participation in the project was being considered at the suggestion of the…


Latvia: Culture Ministry ordered to pay EUR 9.3 million to construction companies

Riga City Vidzeme Suburb Court has partially satisfied the plea submitted by National Association of Construction Companies, which is responsible for the construction of Latvia’s National Library, and has enforced from Latvia’s Culture Ministry EUR 9,272,319 as well as court expenses of EUR 60,083 in favor of the said association. Culture Ministry has announced plans…