The state-owned Oschadbank (Kyiv) after a tender to support short-term liquidity of banks on November 15 raised UAH 3 billion from the National Bank of Ukraine (NBU) for 84 days at 15.5% per annum using government domestic loan bonds as collateral, the press service of Oschadbank has reported. The press service said that the necessity…
DetailsPJSC Kyivmiskbud (Kyiv), one of the largest developers of Ukraine, acted as an investor in the project for the construction of the Svitlo Park mini city with a total area of 2 million square meters at 2A Naddniprianske Highway on the border of Pechersky and Holosiyevsky districts of Kyiv. According to the press service of…
DetailsIn the first six months since airBaltic has started performing regular domestic flights between Riga and Liapaja more than 4,780 passengers have been carried on this route. It is reported that airBaltic will be performing regular flights to Liepaja this winter and in the 2018 summer season. More than 715 bookings have already been made…
DetailsUkraine in January-October increased electricity exports by 38.9% (by 1.245 billion kWh) YoY, to 4.449 billion kWh, the Ministry of Energy and Coal Industry has reported. Energy supplies from the Burshtyn TPP energy island towards Hungary, Slovakia and Romania increased by 13.5% (by 318.3 million kWh), to 2.683 billion kWh. Electricity deliveries to Poland decreased…
DetailsTurkmenistan Coca-Cola Bottlers Ltd., engaged in the production and distribution of soft drinks, is on the verge of closure and has already stopped production. The company has faced difficulties with currency conversion, problems with the import of ingredients needed for the production of beverages and pressure from local business companies. Only remains of beverages produced…
DetailsThe Kyrgyz government has raised excise rates for beer, strong beverages, liqueurs, wines and low-alcohol beverages. As a result, prices for these goods can grow. The corresponding decree of the Cabinet was signed by the Prime Minister Sapar Isakov. It is noted that the excise on strong beverages, juices and herbal liqueurs increased from 6…
DetailsThe Baku International Sea Trade Port (Port of Baku) aims to become the most environmentally friendly port in the region, the port’s Director General Taleh Ziyadov declared. “Today, modern ports are built with such infrastructure and state-of-the-art technologies that are less harmful to environment,” noted Ziyadov. “By achieving Green Port status, the Port of Baku…
DetailsInvestors are interested in solar energy today with a view of a quick entry into the market, according to an expert. “At present, we see the greatest activity in the solar energy sector. Across Ukraine, it is the most popular sort of energy. I think this is because it is the fastest way to enter…
DetailsHungarian low-cost carrier Wizz Air has announced it will expand its route network with five new routes from London, among which are flights to the city of Lviv, according to the company’s website. London-Lviv flights will be performed three times a week – on Tuesdays, Thursdays, and Saturdays from September 18, 2018. The cost of…
DetailsAir Astana, the flag carrier of Kazakhstan, is destined to become one of the largest A320neo Family operators in Central Asia and CIS over the next three years. The airline is the first operator of this type in the region from 2016 and the fleet will grow to 17 aircraft by 2020, Air Astana will…
DetailsAlmost 400 schools have been built in Kyrgyzstan in 7 years. A new program for the construction of new schools instead of emergency facilities was started, thanks to which the growth rate of the number of the commissioned facilities doubled. An extensive program was also launched to overhaul the buildings of emergency schools. Over the…
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