Uzbekistan Express, Uzbekistan Airways’ new lower-cost subsidiary, has performed its first flight on the hybrid model of transportation. On the eve of the celebration of the anniversary of independence, the flight delivered passengers from Tashkent to Moscow. “Uzbekistan Airways Express, together with the Ministry of Employment and Labor Relations of the Republic of Uzbekistan, presented…Details
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Estonia’s gross domestic product (GDP) grew by 12.9% YoY in the second quarter – a new record, data from Statistics Estonia showed. The GDP at current prices was EUR 7.4 billion. Robert Muursepp, lead analyst at Statistics Estonia, said when considering the fast economic growth, it should be noted that it was mainly connected with…Details
Total electricity exports on August 25-29 amounted to 68.1 million kWh, while last week’s imports – to 4.4 million kWh. The average daily exports from the “Burshtyn TPP Island” against August 16-24 increased by 16.8%, to 8.9 million kWh, and from the Integrated Power System (IPS) of Ukraine – by 7.5%, to 4.7 million kWh.…Details
Verkhovna Rada Chairman Dmytro Razumkov has said he hopes that the parliament will adopt a balanced draft state budget for 2022, taking into account all possible challenges that await Ukraine next year. The parliament speaker said this at a briefing held as part of his working trip to the area of the Joint Forces Operation…Details
Further signs of economic recovery are in evidence from data released by state agency Statistics Estonia, which said that retail turnover rose by 10% YoY at constant prices in July, the EUR 779 million. Jaanika Tiigiste, leading analyst at Statistics Estonia, said: “Turnover continues to grow both in comparison with last year and with the…Details
The grape harvest started early in the Georgian wine region of Kakheti after heavy hail and wind destroyed 4,600 ha of vineyards in about 30 villages last week. Farmers are picking hail-damaged grapes in the towns of Kvareli, Gurjaani, Lagodekhi and Telavi in Kakheti. So far about 1,200 tons of grape has already been processed.…Details
Latvian company Dizozols Investments has implemented one of the biggest investment attraction projects in the Baltic States. By using crowdfunding platform Crowdestor, the company has managed to attract investments worth EUR 2.77 million from more than 3,500 investors, as reported by the company. The finalized investment project is one of the biggest crowdfunding projects on…Details