PJSC Ukrzaliznytsia has started the sale of tickets for international trains running to the countries of the European Union. Ukrzaliznytsia wrote on its Facebook page, in pursuance of the resolution of the Cabinet of Ministers of Ukraine, the company took measures to establish discounts for the current ceiling tariffs for international traffic and developed the…
DetailsCompared to the nine months of 2016, the volume of freights carried by land and pipelines had increased by 2.3 million tons or by 2.7% and freight turnover by 3% in the nine months of 2017. The volume of freights carried by rail went up by 1 million tons or by 2.8%, whereas the freight…
DetailsArmenia has produced 5.4% more electricity in January-October against the same period last year, the National Statistical Service said. 6,313 billion kWh of electricity were produced in the country in the reporting period, up from last year’s 5,991 billion kWh. Meanwhile, 640 solar panels were manufactured in the first ten months of 2017, including 300…
DetailsUzbek President Shavkat Mirziyoyev at a meeting on the issues of construction progress noted that the majority of the normative acts, town planning regulations and construction norms applied in the country needed renewal, the press service of the Uzbek president reported. Mirziyoyev said that during the fulfillment of the instructions on bringing these norms and…
DetailsThe Cabinet of Ministers of Ukraine forecasts an 18.6% rise in revenues of the consolidated budget of the country in 2018 (by UAH 181 billion), to UAH 1.155 trillion, Prime Minister Volodymyr Groysman said at a government meeting. “We forecast the increase in the revenues of the national consolidated budget from the work of the…
DetailsUkraine sets a task to increase the trade turnover with Georgia up to $1 billion a year and speed up the formation of joint transport bodies for more convenient logistics, Prime Minister of Ukraine Volodymyr Groysman posted on his Facebook page. “During the official visit to Georgia, we once again affirmed mutual commitment to the…
DetailsBelarus’ Priorbank was named by The Banker magazine (UK) among the winners of the Bank of the Year financial award, the Priorbank press service reported. The world’s best banks were announced at an official ceremony in London. The experts evaluated financial organizations of some 150 countries. Priorbank was named the best bank in Belarus for…
DetailsThe UAE is one of the top five trade partners of Turkmenistan, and the volume of trade turnover between the two countries continues to grow, the UAE ambassador Hassan Abdullah Al Adab said. The diplomat noted that in 2015 the trade turnover amounted to $1.33 billion and reached $1.432 billion in 2016. Meanwhile, the share…
DetailsAzerbaijan’s Unibank OJSC issues bonds worth $10 million, said the Baku Stock Exchange (BSE) in a message. The message says that this step is the second stage of consulting program for the listing of the BSE, which Unibank joined on October 26. The bank plans to place 1,000 bonds with a par value of $10,000…
DetailsPresident of Uzbekistan Shavkat Mirziyoyev gave instructions for the construction of a hotel during his visit to the Tashkent International Airport named after Islam Karimov on December 2. Mirziyoyev familiarized himself with the project for the construction of the new passenger terminal “Tashkent-4”. The project is funded through banks and funds of Uzbekistan and South…
DetailsThe national energy company Ukrenergo in January-October increased transmission of electricity through the backbone power grids by 3.9% (by 3.565 billion kWh) compared to the same period in 2016, to 93.858 billion kWh. According to a report posted on the company’s website, the cost of electricity transmission services rose by 20.8% over the ten months…
DetailsThe Economic Development and Trade Ministry expects that Ukraine’s GDP would grow by 1.8% at the end of 2017, First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said. “By the end of 2017 we expect growth of 1.8%,” he said at a conference organized by Fitch Ratings in Kyiv on…
DetailsEstonia’s GDP increased by 4.2% YoY in the third quarter of 2017, Statistics Estonia reported on November 30. In the third quarter, the GDP at current prices was EUR 5.8 billion. The seasonally and working-day adjusted GDP remained at the same level compared to the second quarter of 2017 (with growth of 0.3%), but grew…
DetailsThe Bobruisk-based confectionery Krasny Pishchevik is exploring the possibility of exporting sweet goods to Israel, the exhibition company Belinterexpo of the Belarusian Chamber of Commerce and Industry reported. Products of Krasny Pishchevik made part of the Made in Belarus exhibition at the food products and beverages expo Israfood in Tel Aviv, Israel on November 28-30.…
DetailsIran’s exports of food and agricultural products to Azerbaijan witnessed a fall of 18% in terms of value during the first half of the current fiscal year (March 20 – September 22). The Islamic Republic exported $17 million worth of agricultural and food products to the neighboring country, which makes 1% of Iran’s overall exports…
DetailsThe draft investment plan of the PJSC Ukrzaliznytsia for 2018 provides for the purchase of 8,880 new wagons, of which 5,180 from third-party manufacturers, but this plan could be reduced due to a lack of funding, the deputy director of the Ukrzaliznytsia strategic management and development department, Oleksandr Malakhov, has said. During the infrastructure day…
DetailsEconomic relations between Ukraine and Moldova have been developing dynamically. The trade turnover between the countries has increased by 30% this year, deputy chairman of the “Ukrainian Prism” foreign policy council Serhiy Herasymchuk announced during presentation of the research “Ukraine-Moldova: New Challenges and New Opportunities in Bilateral Relations”. “Ukraine is one of the main trade…
DetailsThe congregation of Rakvere’s Karmel Church is planning to replace its current building with a new one, to include a gym, a cafe, and a sauna. According to the congregation’s pastor, Gunnar Kotiesen, they are building a new church because the current one dating back to 1933 is in bad condition, and also too small.…
DetailsBelarus’ largest bank Belarusbank may arrange an initial public offering (IPO) in 2019, First Deputy Prime Minister of Belarus Vasily Matyushevsky declared on November 29. According to the source, persistent work is in progress to arrange the IPO. “I hope we will be able to carry out the initial public offering in 2019,” said Vasily…
DetailsAzerbaijan offers Croatia to launch direct flights for development of tourism, Azerbaijani Economy Minister Shahin Mustafayev said. Mustafayev made the remarks at a meeting with Croatian Deputy Prime Minister, Minister of Economy, Entrepreneurship and Crafts Martina Dalic in Baku, the Azerbaijani Economy Ministry reported on November 29. Speaking about cooperation between the two countries, Mustafayev…
DetailsProfits of Estonia’s business sector totaled EUR 787 million in the third quarter, indicating an 8% drop YoY. Sales, meanwhile, increased by 10%, to EUR 13.9 billion, Statistics Estonia reported. Compared to the third quarter of 2016, total profits decreased in most economic activities. Construction, agricultural and manufacturing businesses contributed the most to the total…
DetailsAssets of the Ukrainian banking system as of early November totaled UAH 1.277 billion, down by 0.29% MoM, according to the National Bank of Ukraine (NBU). The central bank said that since early 2017 assets had grown by 1.08%. Total assets of banks (not taking into account reserves for active transactions) narrowed by 0.03% in…
DetailsUkraine is ready for broad cooperation in the development of its own transport capacities as well as the enhancement of transport links with the neighboring countries, the states of the Trans-Caspian and other regions, Ukrainian Prime Minister Volodymyr Groysman said during the international logistics forum “Tbilisi Belt and Road Forum” held in Georgia. “Today we…
DetailsThe dairy exports of companies affiliated with Belarus’ Agriculture and Food Ministry to the Chinese market skyrocketed 12-fold in January-September, Aleksei Bogdanov, head of the main department for foreign economic affairs of the Agriculture and Food Ministry, told a press conference. “In January-September, the exports of dairy products to China surged 12-fold, to exceed $4.5…
DetailsDuring their meeting in Akorda, President Nazarbayev and Santiago Calatrava discussed the concept of a new walkway in the heart of Astana. The president noted that he would like the new walkaway to be built in downtown Astana and be similar to Toronto’s PATH and other such pedestrian networks that also include shopping, entertainment, etc.…
DetailsUzbekistan will soon establish air communication with Afghanistan. The first flight from Kabul to Tashkent will be carried out on November 29. Reportedly, the Afghan airline Kam Air will operate code-sharing flights. Uzbekistan Airways is a partner in this direction with the right to sell tickets for the flight under its own code. The air…
DetailsThe surplus of the national budget of Ukraine in January-October amounted to UAH 1.4 billion due to the surplus for the special fund of UAH 27.7 billion because of special confiscation in the amount of about UAH 30 billion in April this year, the State Treasury has stated. According to its data, the deficit of…
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