The Health Ministry of Ukraine plans to sign a memorandum of cooperation with the Dutch organization Task Force Health Care. “Thanks to the Task Force Health Care, the Dutch medical business will get an opportunity to invest in Ukrainian medicine. Within the framework of The World of Health Care international congress, Deputy Health Minister Roman…
DetailsUkraine has conducted the successful test of a new armored recovery vehicle “Lev”, which could be used for towing and repairing battle-damaged military equipment in combat conditions, the country’s state defense conglomerate Ukroboronprom said. Designed by Lviv Armour Vehicle Factory, “Lev” is based on the Soviet T-72 tank. It is equipped with a crane, which…
DetailsA new highway is planned to be built from Baku to the Russian border until 2020, Azerbaijani Minister of Economy Shahin Mustafayev said. Mustafayev made the remarks at the round table meeting on “Strengthening of Cooperation in Transport and Transit Transport”, which is being held at the 9th Azerbaijan-Russia Interregional Forum in Baku on September…
DetailsSaeima’s Economic, Agricultural, Environmental and Regional Policy Committee supported in the third reading amendments to the Handling of Alcoholic Beverages Law, which provided that small breweries would be allowed to produce drinks using berries, fruit and plants that grew in the wild or cultivated in gardens in Latvia. Amendments are intended to define that small…
DetailsThe first contract will soon be signed with Afghanistan on the delivery of Belarusian tractors assembled in Hisor, Belarus’ Ambassador to Tajikistan Oleg Ivanov declared on September 27. According to the diplomat, the leaders of the two countries instructed their governments to think about entering third countries with jointly manufactured products. “During the visit of…
DetailsUkrainian President Petro Poroshenko has thanked his Croatian counterpart Kolinda Grabar-Kitarovia for supporting Ukraine’s sovereignty and territorial integrity. The meeting between the two presidents was held at the 73rd session of the UN General Assembly in New York, the press service of the head of state reported. In addition, the parties discussed a wide range…
DetailsThe surplus of Ukraine’s national budget in January-August was estimated at UAH 11.798 billion, or $420 million, down by 70% YoY (UAH 38.470 billion, or $1.369 million). The surplus of the country’s consolidated budget over the period under review was UAH 34.356 billion ($1.2 billion), down by 50% (UAH 68.646 billion, or $2.4 billion), according…
DetailsOn October 1 a free express bus will begin operating between Tartu Airport and the city of Tartu, serving the passengers of late-night arrivals to and early-morning departures from the airport. The bus route, which will be served by an electric bus, will begin and end by Annelinna Centre, at Kalda tee 43, according to…
DetailsAt least 5 new trolleybuses were delivered to Bishkek, vice mayor of Bishkek Gennady Militsky declared. “47 trolleybuses of 52 arrived in Bishkek. Delivery of the remaining five is expected by the end of the month,” he said. According to the vice mayor, most of the delivered vehicles already service their routes. “We are striving…
DetailsDraft state, consolidated budgets of Azerbaijan for 2019 and indicators of the consolidated budget for the next three years have been submitted to Azerbaijani President Ilham Aliyev. The corresponding decision, published on September 26 in the newspaper “Khalg Gazeti”, was signed by Azerbaijani Prime Minister Novruz Mammadov. Also, the “Concept and Indicators of Azerbaijan’s Economic…
DetailsChina has allowed performing regular flights from Ukraine to the cities of Haikou and Sanya located on Hainan Island, the State Aviation Administration of Ukraine reports. As noted in the letter by which the Chinese side confirmed the relevant decision, the designated air carriers can perform unlimited number of flights to Hainan Island, using the…
DetailsUkrainian solvent banks in January-August received UAH 13.747 billion ($490 million) in profit, up 4-fold YoY. Revenues of solvent banks over the period under review grew by 7.3%, to UAH 128.440 billion ($4.6 billion), while expenses dropped by 1.4%, to UAH 114.693 billion ($4 billion), according to the National Bank of Ukraine (NBU). (UNIAN/Business World…
DetailsAirBaltic airline has received its twelfth Airbus A220-300 aircraft with registration number YL-CSN. The airline plans to have a total of fourteen Airbus A220-300 aircraft by the end of 2018. “So far airBaltic has carried more than 1,600,000 passengers using Airbus A220-300 aircraft. Every third of our passengers travels with Airbus A220-300 aircraft. So far,…
DetailsThe construction of a covered football stadium, which will be able to seat 3,500 people, in Kyzylorda will begin in 2019, governor of the region Krymbek Kusherbayev told FC Kaisar’s management team and players. The head of the region met with the football players during a regular training session and shared his impressions with them.…
DetailsIn 2018 about 400,000 manats from e-commerce turnover have been transferred to the state budget of Azerbaijan in the form of duties on the basis of customs declarations, Deputy Chairman of the State Customs Committee (SCC) Igbal Babayev said at the e-commerce forum held in Baku. Babayev noted that such high dynamics of growth in…
DetailsIn accordance with the Ukrainian government strategy for the development of the road sector, the roads built in line with modern standards will connect all regional centers of Ukraine in five years, Prime Minister Volodymyr Groysman said during his visit to a section of the M-09 Ternopil – Lviv – Rava-Ruska road, part of the…
DetailsUkraine’s state and government-guaranteed debt in August shrank by 1.1%, or by $0.86 billion, to $74.85 billion. At the same time, the country’s debt in the hryvnia equivalent increased by 4.2%, or by UAH 91 billion, to UAH 2.117 trillion, the Finance Ministry of Ukraine has reported. Since the beginning of the year the debt…
DetailsEstonian ports handled 23.8 million tons of cargo in the first eight months of 2018, up by 2.2% YoY, it appears from data provided by Statistics Estonia. The loading of goods increased by 3.9%, to 16.3 million tons, while unloading declined by 1.3%, to 7.6 million tons. Goods loaded onto ships in August amounted to…
DetailsFree trade deal with the US would mean not only recognizing Georgia’s economic potential but also a political step, Prime Minister of Georgia Mamuka Bakhtadze annuonced. He said one of the audit firms out of the big four involving EY, Deloitte, KPMG and PWC, had finished technical and economic feasibility study of the US-Georgia free…
DetailsLithuanian charter airline Small Planet Airlines has turned to a court in Germany, asking for the restructuring of its German subsidiary due to loss-making activity. The company says its expansion plans in Germany failed due to technical problems and flight irregularities. According to Vytautas Kaikaris, CEO of Small Planet Group, financial losses incurred by the…
DetailsThe EBRD-managed program supporting energy efficiency in Ukrainian homes has reached a milestone of investing over UAH 1 billion (equivalent of over EUR 30 million). More than 30,000 Ukrainian households took out loans from local commercial banks, which participated in the program to invest in green technologies for their homes; of those, over 20,000 projects…
DetailsAvangard plans to recover the second position in the list of the world’s largest egg producers, lost as a result of military aggression in Donbas, Oleg Bakhmatyuk, owner of UkrLandFarming (ULF) and Avangard, announced. “Over the past four years we have invested more than $2.2 billion in agricultural assets in Ukraine. We are working to…
DetailsThe public transport subsidy made available by the Estonian government will increase by EUR 9 million, to EUR 101 million in 2019, it appears from the state budget bill that has received the informal nod from the government. A large portion of the increase can be attributed to the increased subsidization of bus services. Minister…
DetailsCompared to July, level of producer prices in the Latvian industry rose by 1% in August. Level of prices of products sold on the domestic market grew by 1.9%, but of exported products – went up by 0.1%. Prices of products exported to euro area countries increased by 0.2%, but prices of products exported to…
DetailsDirector General of Uzbekistan Airways Bakhtiyor Khakimov held talks with Senior Vice-President of the Korean Air Samsug Noh. During the meeting the parties exchanged views on further development of cooperation between Uzbekistan Airways and Korean Air. In particular, the cooperation in passenger and cargo transportation was discussed. Also, the heads of airlines considered the prospects…
DetailsKyiv is promising and open to business and investments, Mayor of Kyiv Vitali Klitschko said at the 10th International Trade Day conference in the German city of Aachen. “Today Kyiv, as never before, is prepared and open to cooperation. Kyiv is promising for investments,” Klitschko said. He noted that 60% of all foreign investments into…
DetailsIn 2018 the harvest volumes of corn in Ukraine will increase by 19.4% YoY, and total nearly 29.5 million tons, declared the First Deputy Minister of Agrarian Policy and Food of Ukraine, Maksym Martynyuk. According to him, in 2018-2019 MY the exports volumes will total 22 million tons. Also, Ukraine will increase the production of…
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