According to the Estonian Breweries Association (Eesti Olletootjate Liit), cross-border trade in beer, cider and low-alcohol beverages is not showing signs of diminishing, with beer seeing a large rise since last year. Hikes in alcohol excise duties in recent years have met with criticism, mainly due to the harm the hikes do to domestic alcohol…Details
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The Azerbaijani bank “TuranBank” has increased its authorized capital by 27.3%, to 70 million manats. In accordance with the decision of the bank’s shareholders dated January 14, it was decided to increase the authorized capital by 15 million manats by placing an additional emission in the amount of 13,864 shares with a par value of…Details
Boryspil International Airport will launch the first phase of multilevel parking for passengers on May 23, according to the airport’s commercial director, Heorhiy Zubko. “On May 23, we will open the first phase of multilevel parking for passengers and continue the development of the airport,” he wrote on his Facebook page. He added that there…Details
Vinnytsia region has significantly reduced sugar beet harvested areas. While last year sugar beet was harvested from 55 thousand hectares, this spring the sugar beet areas decreased to 44.8 thousand hectares. “Sugar beet area was planned at 48.3 thousand hectares, but it was sown only on 92%”, said the deputy director of the regional department…Details
Since May 1, Azerbaijan has started supplying electricity to Greece, Romania, Bulgaria and Hungary through Georgia and Turkey, Azerenergy OJSC said in a message. Azerenergy was among the winning companies participating in the auction to supply electricity to Greece and Bulgaria. The company also supplies electricity to Iran, Russia, Turkey and Georgia. In the coming…Details
Georgia’s three international airports serviced 1,450,847 passengers in January-April, up by 20% YoY, says the United Airports of Georgia. The number of passengers who took regular or charter flights in Georgia increased in all three main airports of the country: Tbilisi Shota Rustaveli International Airport, Batumi Aleksandre Kartveli International Airport and Kutaisi David Aghmashenebeli International…Details
While previously a net electricity exporter for many years, Estonia has recently become an importer. As the power industry’s trade union sees it, the domestic energy production sector is at risk, with the end of national electricity markets, Estonia’s ratification of the Paris Agreement, and cheaper electricity available abroad conspiring to see the sector at…Details