Already this year in the Kundzinsala territory of the Freeport of Riga it is planned to begin construction works for the development of a spacious, multifunctional cargo handling, warehousing and logistics center that will serve as the hub for cargo distribution and consolidation for goods and products from India and other countries to the markets…Details
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The first batch of new trolleybuses purchased at the expense of EBRD funds within the public transport development project arrived in Bishkek. According to the press service of the Bishkek City Administration, 5 trolleybuses out of 37 are already in Bishkek, 4 more trolleybuses are on their way and will arrive in a week. Currently,…Details
Russia and the CIS countries are currently the priority markets for the export of Azerbaijani fruit and vegetable products, Bashir Guliyev, chairman of Fruit and Vegetable Producers and Exporters Association of Azerbaijan, declared. “As of today, the Russian market is the main export direction for us. Azerbaijan also exports to CIS countries, mainly to those…Details
The contract for supplying Oplot-T tanks to the Kingdom of Thailand has been successfully completed, Ukroboronprom Director General Pavlo Bukin has said. A press release by Ukroboronprom citing Bukin said the last party of tanks had passed checks by the customers and would be sent to the buyer in the near future. “The contract was…Details
Irish low-cost airline Ryanair launches routes from Kyiv and Lviv in October. If its activity is successful, the airline will open a representative office in Ukraine. According to a source close to the negotiation process, Ryanair will launch European routes from Kyiv and Lviv in October. As noted, the new agreement “gives the carrier the…Details
Rail freight traffic between Belarus and Lithuania went up by 15% in 2017, the press service of Belarusian Railways reported. Head of Belarusian Railways Vladimir Morozov and director general of Lithuanian Railways Mantas Bartuska held talks in Minsk. “The sides discussed Belarus-Lithuania rail freight traffic in 2017 and ways to boost it in 2018. Last…Details
S&P Global Ratings kept their “B+” long-term global scale issuer credit rating and “kzBBB-” long-term Kazakhstan national scale rating on Kazkommertsbank (KKB) on CreditWatch with positive implications, where it was placed on December 22, 2017, the press office of the international rating agency reported. At the same time, the rating agency affirmed the “B” short-term…Details