Ukraine’s national budget in 2018 saw a deficit of UAH 59.248 billion, or $1.865 billion, up by 23.7% YoY (UAH 47.882 billion, or $1.507 billion). The country’s consolidated budget over the period under review saw a deficit of UAH 68 billion ($2.14 billion), up 1.6-fold, according to Ukraine’s Treasury Service. (UNIAN/Business World Magazine)Details
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Head of State Nursultan Nazarbayev has set a new task to the domestic airlines at a governmental meeting. The President commissioned them (primarily Air Astana) to launch flights to the U.S. and Japan. He stressed this objective must be fulfilled till the year-end. Minister of Industry and Infrastructure Development Zhenis Kassymbek reported to the President…Details
The preparations for the construction of a 200-meter high building, the highest in Uzbekistan, as part of the International Business Center Tashkent City project, has started. Currently, the construction is in its second phase. The calculations and analytics are done with use of IT technologies. Recently, the geological research of the soil has been completed…Details
The Estonian business unit of Swedish financial services group SEB report a profit of EUR 63.7 million euros for 2018, down from EUR 85.3 million the year before. According to the bank, the drop in profits has to do with income tax payments. The operating income of SEB Estonia was EUR 155.9 million last year,…Details
Regular flights to Italy’s city of Bergamo and charter flights to Turkey’s city of Antalya will be resumed from Chernivtsi International Airport. The relevant report was posted on the airport’s website. “We are pleased to inform our passengers that a new spring-summer air transportation program will be launched in 2019. In particular, from April 26…Details
Director of the Ukrainian Association of Retail Suppliers Oleksiy Doroshenko says the price of the so-called “meat basket” in Ukraine in 2018 increased by 11% YoY, to UAH 575 ($20.67). “It was UAH 518 ($18.62) in late 2017,” he wrote on Facebook. The basket consists of one kilogram of chicken fillet and carcass, pork, beef,…Details
A cement plant in Turkmenistan’s Balkanabat has mastered the production of sulfate-resistant cement from local raw materials. The first batch of about 7,000 tons of high-quality building material was manufactured. A method for producing sulfate-resistant (Portland) cement using iron oxide, a local raw material, has been developed in the country. This type of cement is…Details