The Cabinet of Ministers has approved the annual report of JSC CB PrivatBank for 2019, according to Prime Minister Denys Shmyhal. “We have approved the annual report of PrivatBank for 2019: 75% of net profit totaling UAH 24.4 billion. Another 5% of the bank’s net profit totaling UAH 1.6 billion will be sent to the…Details
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Ukrainian Infrastructure Minister Vladyslav Kryklii says the Cabinet of Ministers, Ukraine’s government, has decided to relaunch the subways on May 25. “The transport system in Ukraine will become gradually operational from May 22. Regular and chartered passenger transportation by road on urban, commuter, regional and international routes will be resumed from May 22; passenger transportation…Details
Hotel Qvevrebi, which is being built in Telavi in east Georgia, will welcome tourists in Qvevri-formed rooms next year. Qvevri is a traditional large earthenware egg-shaped vessel, which is used to ferment Georgian wine below ground or set into the floors of large wine cellars. The building of the hotel is being carried out under…Details
With permission from Transport Ministry, airBaltic will resume flights from Riga to Helsinki and Munich on May 25. From June 1 onwards, however, the airline will resume flights from Riga to Berlin, as reported by airBaltic representatives. airBaltic CEO Martin Gauss says the company is returning with a singular goal in mind – preserving positions…Details
28,500 people have been hired in Kazakhstan so far in May under the Yenbek state program. 14,800 received job under the Employment Roadmap, the human resources development center reports. During the period starting from March 16 till the end of April when the country imposed coronavirus restrictions, the number of jobs posted on job board…Details
Small and medium-sized enterprises should be given the same opportunities to enter the international market as a large business has. President of Ukraine Volodymyr Zelensky made a corresponding statement at a meeting on accelerating export growth and attracting investment to Ukraine as a guarantee of economic stability, the press service of the Head of State…Details
In April, Ukrainian producers exported 9.1 thousand tons of sugar, down 2-fold MoM (19.6 thousand tons). “At the end of March, we saw some recovery on the London Stock Exchange. As a result, the demand for Ukrainian sugar grew slightly and producers were able to supply almost 20,000 tons of sugar to the foreign markets…Details