In 2018 Ukraine’s Air Force fleet will be replenished with about 30 repaired and modernized aircraft, says Air Force Commander Colonel-General Serhiy Drozdov. “This year we’re planning to receive from the enterprises of Ukroboronprom Concern up to 30 warplanes following their repair and modernization. It’s the MiG-29 and Su-27 fighter jets, and Su-25 attack aircraft.…
DetailsConsolis Group, a holding of US investment company Bain Capital, announced on August 6 the signing of a purchase agreement with Estonia’s TMB Group, a producer of concrete elements in the Baltic countries and Finland. The transaction will be subject to regulatory approvals. The closing of the transaction is expected by early 2019, TMB and…
DetailsBelarus has resumed cement exports, Belarus’ Architecture and Construction Minister Anatoly Cherny said. Belarus faced the lack of cement on the domestic market in May-June due to its volume being almost sold out, the minister said. Importers began to increase the price on the domestic market, and the consumer demand for the Belarusian product, which…
DetailsAzerbaijan plans to produce 200,000 tons of persimmons by the end of this year, which will slightly exceed last year’s figure, Chairman of the Association of Persimmon Producers and Exporters Gadir Yusifov reported. According to him, persimmon export brought the state treasury a significant income of $100 million in 2017. “This is a fairly good…
DetailsRussia uses the illegally constructed Crimean Bridge and its naval forces in the Sea of Azov to discourage shipowners from entering Ukrainian ports of Mariupol and Berdiansk. “This is being done to destabilize the situation in the Azov region of Ukraine, but I am sure that our joint efforts with the partners in the region,…
DetailsSecretary of the National Security and Defense Council (NSDC) of Ukraine Oleksandr Turchynov is convinced that the manufacture of light helicopters can solve the problem of transport communication in Ukraine. The official visited two helicopter plants in Kyiv region, namely PJSC Chezara and Vibston Aero, where he got acquainted with brand-new light helicopters and inspected…
DetailsGeorgia’s monthly inflation rate amounted to -0.3% in July, while annual inflation from July 2017 to July 2018 amounted to 2.8%, reports the National Statistics Office of Georgia (Geostat). Last month prices of food and non-alcoholic beverages decreased by 1.1%. Prices decreased for: fruit and grapes (-12.6%) and vegetables (-10.7%). In the meantime, the prices…
DetailsA total of 1,223,901 passengers traveled aboard Tallink Grupp-owned vessels in July, indicating a 1.3% increase YoY, as well as setting a new all-time record for number of passengers transported in one month. In addition to the increase in the number of passengers in July, the number of cargo units transported by the group and…
DetailsIn January-July the port of Ventspils handled 11.58 million tons of cargo, down by 15% YoY, the port authority reported. Transshipment of liquid bulk cargo fell by 10%, to 6.558 million tons, dry bulk cargo – by 29%, to 3.451 million tons, while general cargo went up by 9%, to 1.571 million tons. The port’s…
DetailsIn 2018 Ukraine can break a record in corn production – 27-28 million tons, and increase the sales to China by 10%, due to the current trade war between the USA and China, declared the First Deputy Minister of Agrarian Policy and Food of Ukraine, Maksym Martynyuk. According to the announcement, China accused the USA…
DetailsThe Ukrainian market of new commercial vehicles decreased by 18% YoY in July, the Ukrainian Motor Vehicle Manufacturers Association Ukrautoprom reports. “In July 928 new commercial vehicles were registered, down by 18% YoY,” reads the report. Renault vehicles had the largest demand over the period, with 211 vehicles registered. Its share on the market of…
DetailsTravelers on Elron’s railway network west of Tallinn will have to change from trains to buses between Paaskula and Keila this weekend. The interruption is caused by scheduled maintenance and repair work that will continue well into August, with replacement buses scheduled later on in the month as well. The temporary changes affect all travelers…
DetailsAlmost only Kazakhstan-grown wheat is used to produce flour in Tajikistan. In the first half of the year the share of the country’s flour on the domestic consumer market of Tajikistan reached 95.8%, as Tajik Ministry of Industry and New Technologies reports. According to the Antimonopoly Service under the Government of the Republic of Tajikistan,…
DetailsAviation authorities of Kazakhstan and Hong Kong met in Astana to discuss air communication between the two countries, the Civil Aviation Committee of the Ministry for Innovations and Development of the Republic of Kazakhstan reported. During the meeting with Talgat Lastayev, Chairman of the Committee, the officials from Hong Kong expressed interest in increasing passenger…
DetailsManufacturers of confectionery products from Ukraine have agreed with Canadian distributors on entering the Canadian market, President of the Canada-Ukraine Chamber of Commerce (CUCC) Zenon Potichny said. “Ukrainian suppliers of confectionery products managed to find distributors at exhibitions in Canada and began to supply products overseas,” said Potichny. According to him, Ukrainian furniture manufacturers have…
DetailsUkraine’s State Food Safety and Consumer Protection Service says Singapore is interested in imports of Ukrainian poultry meat and products made of it. “Delegates from the Agri-Food and Veterinary Authority of the Republic of Singapore, who are auditing the system of state control over poultry products, in particular, poultry meat and products made of it,…
DetailsEstonia needs several times more foreign workers than are currently entering the country, Toomas Luman, president of the Estonian Chamber of Commerce and Industry and chairman of the supervisory board of listed construction company Nordecon, declared. “Currently we have problems with unregistered Ukrainian construction workers on construction sites,” Luman said. “We predicted a long time…
DetailsRepresentatives of the Belarusian state light industry concern Bellegprom and the light industry association of Uzbekistan have discussed the establishment of joint ventures, according to the Bellegprom website. A Bellegprom delegation led by the concern’s Chairman Nikolai Yefimchik is in Uzbekistan on a visit. The delegation held negotiations with members of the Cabinet of Ministers…
DetailsThe National Bank of Kazakhstan has suspended the license of Qazaq Banki for accepting deposits and opening bank accounts of individuals until September 28, said a message from the National Bank of the country. “The decision was taken by the National Bank within the framework of the supervisory response to certain violations by the bank…
DetailsIn June PrJSC ZAZ (Zaporizhia Automobile Building Plant) manufactured only one bus against three in May. The company has not produced a single car since the beginning of the year. This is evidenced by statistical data posted on the website of the Ukrainian Motor Vehicle Manufacturers Association Ukrautoprom. At present cars in Ukraine are manufactured…
DetailsThe level of profitability of sugar beet in Ukraine’s agricultural enterprises in 2017 halved compared to the indicators of 2016 and amounted to 12.4%, Director of the National Research Center “Institute of Agrarian Economics” Yuriy Lupenko reported. “Last year the level of profitability of sugar beet production was the lowest one in the past four…
DetailsThe first batch of popular brands of Kazakh ice cream “Bomba” (Bomb), “Bakhroma” (Fringe) and “Mishka na polyuse” (Bear at the Pole) has been sent to China. A truck with 10 tons of Kazakh ice cream will go from Almaty to Shanghai. The Shin-Line company is the supplier. The company has its own warehouse in…
DetailsMonthly passenger traffic at Minsk National Airport in July exceeded half a million people, according to the airport’s website. For the first time in its history, the airport reported over 500,000 passengers within one incomplete month. The 500,000th passenger arrived on Belavia’s flight B2-927 Minsk-Krasnodar. The passenger traffic at Minsk National Airport in July rose…
DetailsThe growth rate of Azerbaijan’s economy in 2018 may exceed forecasts, member of the country’s Parliamentary Committee on Economic Policy, Industry and Entrepreneurship, MP Rufat Guliyev said. He added that 2017 was a turning point for Azerbaijan, but this year the country’s economy grew again – over six months the GDP grew by 1.3%. “I…
DetailsNew construction standards, which were developed in close cooperation with experts and will come into force this autumn, will allow renewing the street networks in Ukrainian cities and making urban infrastructure comfortable. “Everyone has noticed that we live in the 21st century, real estate costs a fortune, but they build everything that looks like old.…
DetailsTurkish and Ukrainian aerospace and procurement officials made “notable progress” in negotiations for the co-production of the Antonov An-188 military cargo aircraft, an advanced version of Ukraine’s An-178, Turkish officials said. “This is a complex program for which both sides are keen,” said one Turkish aerospace official. “We are positively discussing several aspects of an…
DetailsCompared to June 2017 total retail trade turnover rose by 5.6% in June 2018. Turnover of retail trade in food products increased by 6.4%, turnover of retail trade in non-food products, except for retail sale of automotive fuel, rose by 5.1%, whereas turnover of retail sale of automotive fuel – by 4.8%. The most significant…
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