Ukraine’s new light MSB-2 Nadiya helicopter, built by Zaporizhia-based JSC Motor Sich, made its maiden flight in the city of Zaporizhia on April 16. The MSB-2, which is made of composite materials by 70%, is an upgraded version of the Mi-2 helicopter. Its fuel tank is installed outside the passenger compartment. The helicopter’s trials will…
DetailsPolish Ambassador to Ukraine Jan Pieklo has said that there is a technical possibility to supply liquefied natural gas from Qatar to Ukraine through Poland. “There is a technical possibility to supply gas through Poland from Qatar. I think that negotiations are being conducted in this direction,” the diplomat said. As reported, Qatar, as part…
DetailsThe Ministry of Finance and Economy of Turkmenistan and the Ministry of Economy, Commerce and Business Environment of Romania have signed a memorandum of understanding on cooperation in the economic sphere. The document was signed in Ashgabat as part of the seventh meeting of the joint Intergovernmental Turkmen-Romanian Commission for Economic, Scientific and Technological Cooperation.…
DetailsPrime Minister of Kazakhstan Bakytzhan Sagintayev praised national GDP growth in 2018 at the session of the government on April 17. “From what we have heard during reports today it follows that GDP growth amounted to 4.1% in March. The Head of State Nursultan Nazarbayev tasked the government to step up economic growth and given…
DetailsThere are no restrictions on the purchase of milk from population in Ukraine, First Deputy Agrarian Policy and Food Minister Maksym Martyniuk said. “There is no such ban and will not be,” he stated. At the same time, he stressed that the quality of this milk should be improved. “But this has nothing to do…
DetailsErnst & Young auditing company confirms that PJSC Ukrzaliznytsia has improved its financial results and achieved profitable growth, according to Ukrzaliznytsia acting Board Chairman Yevhen Kravtsov. In a post on his Facebook page, Kravtsov wrote: “One of the world’s best auditing companies has confirmed the right direction and implementation of the strategy for reforming PJSC…
DetailsOver 782,400 tons of cement were produced in Tajikistan in the first quarter of this year. The volume of cement production increased by 356,000 tons compared to January-March of the previous year, according to the profile departments of the country’s economic bloc. Taking into account the implementation of new infrastructure projects, construction of residential houses,…
DetailsThe state-owned airport operator AS Tallinna Lennujaam (Tallinn Airport) announced a public tender this week for the drawing-up of a preliminary draft and technical project for the construction of a maneuvering area at the airport of Parnu. Altogether EUR 20 million are to be allocated out of the state budget for the reconstruction of Parnu…
DetailsThe Belarusian automaker MAZ intends to double sales of automobiles in Yaroslavl region, Russia in 2018. A Yaroslavl region delegation led by governor Dmitry Mironov visited MAZ. The delegation went on a tour of the company’s product choice exhibition. The meeting ended with negotiations. The Russian region is interested in Belarusian automobiles. In 2018 MAZ’s…
DetailsCzech train and bus company RegioJet puts on sale tickets for routes from Uzhgorod and Mukacheve to Prague. The route from Zakarpattia region to the capital of the Czech Republic will involve two types of transport. First, the passengers will travel by bus to the Slovak city of Kosice and then take a company’s yellow…
DetailsCEO of Ukraine’s state-run military-industrial concern Ukroboronprom Pavlo Bukin says Ukrainian enterprises of the military-industrial complex in the past three years exported military products to India to the tune of about $400 million. Mykolaiv-based Zorya-Mashproekt alone sold gas turbines worth $200 million to the Indian Navy for its warships, the concern’s press service said. “In…
DetailsThe biggest challenge for mobility in Latvia is the large proportion of gravel roads in the country, said Chairman of Latvian State Roads Janis Lange during an annual road sector conference. 55% or more than 11,000 km of state roads have gravel surface. Nearly all of those roads are of local importance, with low traffic…
DetailsDuring the first three months of 2018 Heydar Aliyev International Airport served over 897,000 passengers. This indicator exceeds the same indicator of the previous year by 15%. National air carrier Azerbaijan Airlines (AZAL) carried 362,000 passengers, while the national low-cost airline Buta Airways – 104,000 passengers. 768,000 passengers (85.6% of passenger traffic) accounted for international…
DetailsA Belarusian parliamentary delegation headed by Valery Voronetsky, Chairman of the Standing Committee on International Affairs of the House of Representatives of the National Assembly of Belarus, met with Chairman of the Committee on International Affairs of the Grand National Assembly of Turkey Volkan Bozkir in Ankara, the press service of the House of Representatives…
DetailsPrime Minister of Ukraine Volodymyr Groysman has said that the trade turnover between Ukraine and the Republic of Moldova could reach $1 billion in the near future. In a post on his Facebook page, he wrote: “We have great opportunities in the economic cooperation. In 2017 the trade turnover between Ukraine and Moldova rose to…
DetailsThe trade turnover between Ukraine and the Republic of Lithuania exceeded $1 billion in 2017, Prime Minister Volodymyr Groysman wrote on Twitter. “We are greeting the Prime Minister of Lithuania in the House of Government. Saulius Skvernelis is on a visit to Ukraine. We are talking about political and economic cooperation. Our mutual trade exceeds…
DetailsTallinna Linnatranspordi AS (TLT) board chairman Enno Tamm is to step down as soon as a new CEO for Tallinn’s transport company has been found. Tallinn Mayor Taavi Aas (Center), who conducted a meeting of the supervisory board of TLT for the last time, said that Tamm had submitted a letter of resignation, which would…
DetailsFreight volume handled at the Port of Klaipeda in January-March grew by 4.7% YoY, to 10.79 million tons, the Port Authority statistics said. Transshipment of liquid bulk cargo grew by 2.2%, to 852,000 tons, dry bulk cargo fell by 4.1%, to 1.48 million tons, while general cargo grew by 12.1%, to 1.2 million tons. In…
DetailsGeorgia’s three international airports served 839,612 passengers in the first three months of 2018, up by 36% YoY. The number of passengers who took regular or charter flights in Georgia increased in all three main airports of the country: Tbilisi Shota Rustaveli International Airport, Batumi International Airport and Kutaisi David Aghmashenebeli International Airport. More specifically,…
DetailsIgor Sikorsky Kyiv International Airport served 155.7 thousand passengers in March, up by 55.6% YoY (99.4 thousand), the airport’s press service reports. The number of passengers served on international flights totaled 149.4 thousand (92.8 thousand in 2017), and domestic flights – 6.3 thousand (6.6 thousand). The number of flights in March included 1,975 both arrivals…
DetailsUkraine and Germany are pleased with the growth rate of trade between the two countries, President Petro Poroshenko said during a joint briefing with German Chancellor Angela Merkel in Berlin. “Chancellor Merkel and I are pleased with the growth rate of bilateral trade. It has grown by more than 20%. Germany remains one of the…
DetailsBelAZ, the managing company of BelAZ holding company, plans to boost exports to Ukraine by 16%, Anatoly Trambitsky, head of the company’s commercial department for the CIS countries, said on the sidelines of the “Made in Belarus” expo. “Last year we sold more than $34 million worth of products to Ukraine, up by 6% YoY.…
DetailsAn auction for placement of short-term notes worth 200 million manats of Azerbaijan’s Central Bank (CBA) will be held at the Baku Stock Exchange (BSE) on April 12, the BSE said. According to the message, two million notes at a par value of 100 manats each and maturity period of 28 days will be put…
DetailsThe production of Hyundai trucks will be set up in Uzbekistan’s free economic zone “Kokand”. The project is worth at least $130 million. The initiative of the new production was set by the Korean companies Evergreen Motors and Posco Daewoo. The production of Hyundai trucks was previously discussed during the visit of the President Shavkat…
DetailsThe World Bank predicts that inflation in Ukraine in 2018 may reach 10%, as inflation risks remain quite significant, World Bank Economist for Ukraine Anastasia Golovach said at a press conference. “Inflation reached almost 14% in 2017. Inflation risks remain significant, and we expect inflation to reach 10% in 2018,” Golovach said. According to her,…
DetailsA total of 50 companies intend to participate in a tender for the repairs of sections of the Kyiv – Chernihiv – Novi Yarylovychi road. Most of these companies are international ones, Director of State Enterprise Ukrdorivest (Road Projects in Ukraine), Olena Kryvoruchko, declared. “A new tender for the repairs of sections of the Kyiv…
DetailsTajikistan is gradually reducing the import of flour, and increasing the import of wheat, which is subsequently processed by the republic itself, according to the Ministry of Economic Development and Trade. In the first quarter of this year flour imports decreased by 8,000 tons in comparison with the indicators of 2017, while the import of…
DetailsIn January-March the Freeport of Riga handled 8,223,200 tons of cargo, down by 11.6% YoY. Coal transshipment fell by 8.8%, to 3,189,600 tons. Transshipment of oil products dropped by 43.3%, to 1,052,100 tons, wood pellets – by 3.5%, to 214,100 tons, while transshipment of ore surged almost 2-fold, to 99,800 tons. The port’s container throughput…
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