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Uzbekistan: UzAir to perform Tashkent-Tbilisi flights this summer

The Uzbek flag carrier will soon connect the capital cities of Uzbekistan and Georgia with new seasonal flights. Uzbekistan Airways will start operating flights on the route Tashkent-Tbilisi from July 16. During the summer season flights will be performed twice a week on Tuesdays and Sundays by an Airbus 320 type aircraft. Uzbekistan Airways was founded in 1992. Nowadays the company performs regular...

Kazakhstan: Turkestan region harvests 600 tons of walnuts

Tyulkubass district of Turkestan region has harvested 600 tons of walnuts, the local administration's press service reports. The said district is considered a home to the best tasting apples and walnuts. In 2018 the district planted walnut trees on the territory stretching over 257 ha. This year it plans to bed out walnut trees on 135 ha more. (Kazinform/Business World Magazine)

Ukraine: cheese exports down in Q1 2019

Cheese exports from Ukraine in January-March totaled 1,600 tons, down by 14% YoY. The shipments of Ukrainian cheese abroad in monetary terms over the period under review shrank by 19%, to $5,800 million, according to customs statistics reports posted by Ukraine's State Fiscal Service (SFS) on its website. Cheese imports in Q1 increased by 43%, to 4,040 tons, while the imports...

Ukraine: deposits at banks down in March 2019

Bank deposits in the national currency in Ukraine in March fell by 1%, to UAH 539.4 billion ($20.2 billion), while deposits in foreign currency shrank by 0.7%, to $13.4 billion in the U.S. dollar equivalent. From year-start, bank deposits in hryvnias have decreased by 0.1%, while those in foreign currency grew by 0.2%, according to the National Bank of Ukraine...

Lithuania: more Belarus freight to be handled

Lithuania is ready to receive more cargoes from Belarus. The statement was made by Lithuanian Communications and Transport Minister Rokas Masiulis as he encouraged the Klaipeda port and Lithuanian Railways to do their best competing for contracts with Belarus. In a Facebook post Rokas Masiulis wrote that the amount of Belarusian freight handled by Lithuanian Railways steadily increased in the...

Kyrgyzstan: National Bank forecasts 3.7% GDP growth in 2019

In 2019, real GDP growth is expected to be around 3.7% in Kyrgyzstan, report of the National Bank says. Excluding the enterprises developing Kumtor mine, the growth will be about 3.8%. Production at Kumtor in 2019 is expected to be equal to the production level of 2018. In 2020, real GDP growth is forecast at 3.9%. At the end of 2019, inflation...

Azerbaijan: poultry plant to start exporting eggs to Qatar

The poultry plant "Hajiqabul Qushchuluq" located in the Hajiqabul district will start exporting eggs to Qatar next week, head of the plant's export department Akif Aliyev declared. He said that 36,000 eggs would be exported in 1,000 packages. "In the future, we plan to increase these volumes, and the negotiations are underway regarding this," he noted. "At the same time, we...

Ukraine: SolarGaps gets EUR 1 million from European Commission

SolarGaps has become the first start-up in Ukraine to receive a EUR 1-million grant in equity free funding under the Horizon 2020 SME Instrument Phase 2. SolarGaps became the first Ukrainian start-up, which received SME Instrument Horizon 2020 Phase 2 grant since the interview stage in Brussels was introduced. The start-up secured EUR 1 million of equity free funding for...

Ukraine: proceeds from tourism industry up in 2018

In 2018, the proceeds from the tourism industry into the state budget of Ukraine increased by 250%, to UAH 4.2 billion. "The local authorities have significantly increased spending on tourism development owing to the decentralization reform. Kyiv had only UAH 300,000 in 2014, and today it has more than UAH 12 million; Odesa had 0, and now it has UAH...

Estonia: registered unemployment unchanged in March 2019

Registered unemployment in Estonia remained unchanged YoY in March. The total figure for registered unemployed was 33,3976 at the end of March, the same as the end of March 2018, and a 0.1% drop on the previous month. The figure constitutes 5.1% of the workforce aged 16 to retirement age, the Unemployment Insurance Fund (Tootukassa) says. However, there was some transfer, since...