Hotel Qvevrebi, which is being built in Telavi in east Georgia, will welcome tourists in Qvevri-formed rooms next year. Qvevri is a traditional large earthenware egg-shaped vessel, which is used to ferment Georgian wine below ground or set into the floors of large wine cellars. The building of the hotel is being carried out under…
DetailsWith permission from Transport Ministry, airBaltic will resume flights from Riga to Helsinki and Munich on May 25. From June 1 onwards, however, the airline will resume flights from Riga to Berlin, as reported by airBaltic representatives. airBaltic CEO Martin Gauss says the company is returning with a singular goal in mind – preserving positions…
Details28,500 people have been hired in Kazakhstan so far in May under the Yenbek state program. 14,800 received job under the Employment Roadmap, the human resources development center reports. During the period starting from March 16 till the end of April when the country imposed coronavirus restrictions, the number of jobs posted on job board…
DetailsSmall and medium-sized enterprises should be given the same opportunities to enter the international market as a large business has. President of Ukraine Volodymyr Zelensky made a corresponding statement at a meeting on accelerating export growth and attracting investment to Ukraine as a guarantee of economic stability, the press service of the Head of State…
DetailsIn April, Ukrainian producers exported 9.1 thousand tons of sugar, down 2-fold MoM (19.6 thousand tons). “At the end of March, we saw some recovery on the London Stock Exchange. As a result, the demand for Ukrainian sugar grew slightly and producers were able to supply almost 20,000 tons of sugar to the foreign markets…
DetailsThis year road maintenance company Latvijas autocelu uzturetajs (LAU) has invested EUR 21.8 million into daily road maintenance, including winter road maintenance, worth a total of EUR 21.8 million, as reported by LAU representative Juris Aksels Cirulis. EUR 10.48 million was invested into maintenance of road surface of state roads this year. EUR 1.4 million…
DetailsGeorgia’s external trade turnover amounted to $3.46 billion in January-April, down by 11.8% YoY, showed preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports decreased by 11.9% and reached $778.2 million, while imports decreased by 11.8%, to $2.46 billion. The trade deficit of Georgia in January-April amounted to $1.46 billion,…
DetailsPM Askar Mamin summed up the Government meeting that focused on the economic growth rehabilitation package plan until the end of 2020. As the PM noted, the plan presented consisted of system-based and economic branch-wise measures addressed to foster business, support employment and increase people’s earnings. The document was discussed in detail and approved by…
DetailsThe net profit of JSC Oschadbank reached UAH 3.3 billion in January-April, the bank’s press service reported. “In the conditions of severe business restrictions related to the coronavirus pandemic, Oschadbank continues to ensure stable and profitable operations, which is confirmed by the results and key indicators for the first four months of 2020. The net…
DetailsIn January-March, the amount of private money transfers through traditional and unofficial channels to Ukraine made up more than $2.9 billion, and from Ukraine – almost $154 million, according to data published by the National Bank of Ukraine (NBU) on Facebook. In particular, $106 million in equivalent was sent from Ukraine through money transfer systems.…
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