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Azerbaijan: Ziraat Bank to help develop financial sector

AzerbaijanBy admin2017-11-01Leave a comment

Ziraat Bank will contribute to the development of relations between two brotherly countries – Turkey and Azerbaijan, Ziraat Bank CEO Huseyin Aydin has said at the opening of the bank’s new head office in Baku. He noted that Ziraat Bank came to Azerbaijan to help the development of the country’s financial sector. “With the growing…

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Ukraine: Kharkiv Frunze Plant enters British market

UkraineBy admin2017-11-01Leave a comment

PJSC Frunze Plant (Kharkiv) has shipped the first batch of products to a British woodworking company. “A company from Wales, engaged in woodworking and promotion of environmental boilers, has been shipped 175 sieves,” the press service said. According to the report, the products of the Ukrainian enterprise will be used by the British firm to…

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Ukraine: Kyivenergo daily loss form supply of heat to budget-funded institutions at UAH 1.2 million

UkraineBy admin2017-10-31Leave a comment

The loss of the public joint-stock company Kyivenergo from supply of heat and hot water to budget-sustained institutions is around UAH 1.2 million a day, the company’s press service has reported. “Due to a lack of conformance in the prices (the price of gas sold by Naftogaz Ukrainy for these purposes (UAH 7,907) and the…

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Estonia: Tartu to raise EUR 13.5 million in private placement

EstoniaBy admin2017-10-31Leave a comment

The city of Tartu, Estonia’s second largest, is set to place bonds worth EUR 13.5 million with LHV and Nordic Investment Bank (NIB) to raise money for its 2017 financing needs. LHV pension funds are buying bonds for EUR 5.5 million and NIB for EUR 8 million, Tartu city government announced. The funds raised will…

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Estonia: Hiiumaa connection with mainland interrupted as ferry breaks down in port

EstoniaBy admin2017-10-31Leave a comment

Hiiumaa’s ferry connection to the Estonian mainland was interrupted on October 30 after the ferry Leiger breaking down in port not only prevented it from departing for the island, but prevented the Tiiu from docking in Rohukula as well. The Tiiu departed Heltermaa, the port serving Estonia’s second-largest island, on schedule, but was unable to…

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Uzbekistan: length of future sub-surface metro line in Tashkent revealed

UzbekistanBy admin2017-10-31Leave a comment

The sub-surface metro circle line being built in Uzbekistan’s Tashkent will have a total length of 52.1 kilometers, the press service of the country’s President Shavkat Mirziyoyev said in a message. Mirziyoyev reviewed the progress of the metro line’s construction, being at the initial stage, according to the message. It was decided to lay 50.5…

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Ukraine: new cargo route from Xinjiang developed

UkraineBy admin2017-10-31Leave a comment

A new China-Europe freight train route was launched on October 29 in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region. The first train, carrying oil drilling equipment is bound for Poltava via Kazakhstan and Russia. This is the first cargo train linking Xinjiang with Ukraine. The new route will cut the transportation time from…

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Ukraine: NBU sells $86 million at auction

UkraineBy admin2017-10-30Leave a comment

The National Bank of Ukraine (NBU) at the foreign exchange auction on October 27 sold $86.1 million to Ukrainian banks, according to the press service of the central bank. The minimum exchange rate of hryvnia during the auction was UAH 26.86 per U.S. dollar, the maximum – UAH 26.87 per U.S. dollar. Earlier, the NBU…

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