The state-controlled Oschadbank (Kyiv) in January-June saw net profit rise by 22% YoY, to UAH 306 million, according to a press release from the bank. Operating income increased by 20.3%, to UAH 4.7 billion. The assets of the bank in six months increased by 4.6%, to UAH 220.3 billion. The loan and investment portfolio rose…
DetailsUkraine has increased gas inventories in underground storage 61.3% since the end of the heating season, according to operational data from Ukrtransgaz. The inventories amounted to 13.069 billion cubic meters on July 29, up from 8.1 billion cubic meters on March 22. The current inventories are 24.4% more than on July 29, 2016 (10.211 billion…
DetailsKazakhstan plans to increase the supplies of agro-industrial products to foreign markets by $600 million, the First Vice-Minister of Agriculture of the Republic of Kazakhstan, Kairat Aituganov declared. In February the President of Kazakhstan approved a new five-year state program for development of the agro-industrial complex focusing on production of competitive top requested products. Its…
DetailsIn the first half-year of 2017, Riga International Airport retained the leader position among Baltic airports, according to statistical data on the airport’s operational results. The airport services more than 2.7 million passengers or 46% of all passengers serviced at airports of Baltic capitals. 49% of all air cargoes were also serviced in Riga. The…
DetailsTurkmenistan plans to build several new installations in its petroleum refinery complex. The country, in a bid to develop the sector, plans to construct installation for hydro refinement of diesel fuel, the unit for hydro refinement of secondary gasoline, unit for hydrogen production, installation for catalytic IDW, installation for catalytic cracking of the heating oil,…
DetailsAs part of the state administration reform, job cuts are planned for 58,000 employees of different institutions. This does not apply to independent institutions such as the prosecutor’s office, Saeima, State Audit and Supreme Court. The number of officials employed in Latvian state administration is higher than the average in the EU, as concluded in…
DetailsThe state enterprise Iskra Scientific and Production Complex (Zaporizhia) is expanding production of new electronic reconnaissance and radioelectronic warfare devices for the Ukrainian Armed Forces, the press service of State Concern Ukroboronprom has reported. “Taking into account the need of the Armed Forces in radioelectronic warfare devices, Iskra has started production of new military equipment…
DetailsSince the beginning of a new season-2017-2018, and as of July 27, Ukraine supplied 2.003 million tons of grain crops to foreign markets, the Ministry of Agrarian Policy and Food reported. In particular, the exports of wheat totaled 631 thousand tons, barley – 601 thousand tons, corn – 770 thousand tons, and other grains –…
DetailsBelarusian farmers intend to harvest about 1 million tons of potatoes in 2017, Tatiana Karbanovich, Deputy Head of the Central Office for Crop Farming, Head of the Fruit and Vegetables Department at the Belarusian Agriculture and Food Ministry, reported. According to the source, Belarusian agricultural companies and individual farmers are expected to gather in about…
DetailsCompared to June 2016, total retail trade turnover rose by 3.1% in June 2017. Turnover of retail trade for food products increased by 1% and turnover of non-food products grew by 4.7%. The most significant growth in turnover in the non-food product group was recorded in retail sale of cultural and recreation goods (by 23.7%),…
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