Ukraine: retail trade up in January-July 2018

Retail trade in Ukraine in January-July rose by 6% YoY, according to the website of the State Statistics Service of Ukraine. However, the State Statistics Service did not disclose absolute numbers. The highest increase in retail turnover was registered in the following regions of Ukraine: Luhansk (23.4%), Zakarpattia (10.9%), Poltava (10.5%), and Donetsk (10.3%) regions.…

Details

Ukraine: Deposit Guarantee Fund continues payments to depositors of insolvent Aksioma Bank

The Deposit Guarantee Fund has resumed payments to the depositors of insolvent Aksioma Bank, the fund’s press service reports. “From August 20 the Deposit Guarantee Fund is paying refunds to the depositors of PJSC Aksioma under bank deposit agreements (including card accounts) within the limit of UAH 200,000,” reads the report. According to the Deposit…

Details

Kazakhstan: Turkish investors to build greenhouses in Turkestan

Turkestan region governor Zhanseiit Tuimebayev met with Dal Holding Investment CO deputy director Cemalettin Ceker, the governor’s press service reports. The parties debated issues concerning attraction of investments to the development of glass-house industry in Turkestan and Kentau. According to the project proposed, up-to-date greeneries will be built in the territory of 200 ha, 80%…

Details

Lithuania: Central Bank to assess information about Latvian VIA SMS Group

Lithuania’s Central Bank has promised to assess information regarding Latvian VIA SMS Group working in the country. This decision is a reaction to the statement made by Seimas National Security and Defense Committee member Arvydas Anusauskas that people associated with former Parex Banka owners worked in that company. “Before issuing the aforementioned association a license…

Details

Ukraine: trade and economic cooperation discussed with Israel

President of Ukraine Petro Poroshenko held a meeting with Minister of Environmental Protection, Jerusalem Affairs and Heritage Minister of Israel Ze’ev Elkin. “The interlocutors discussed an intensive trade and economic cooperation between the two countries and noted significant prospects for its further development. In this regard, they agreed on the need for the earliest possible…

Details