The PrivatBank’s website has entered the Top 10 most visited banking websites and resources in the world. This is stated in a press release. “As of March 1, the PrivatBank’s website took the tenth position among the Top 50 most visited banking websites in the world, which is headed by the websites of such U.S.…
DetailsA delegation of Turkmenistan, headed by Deputy Prime Minister Chary Gylydjov, held talks in the Federal Ministry of Economy and Energy of Germany, says a message of the Turkmen Foreign Ministry. The eighth meeting of the joint working group for trade and economic cooperation was held in Berlin. The sides discussed expanding ties in such…
DetailsThe state enterprise Kyrgyz Avtobeketi plans to resume the international bus route Bishkek – Tashkent, spokesman for the Ministry of Transport and Roads of the Kyrgyz Republic Kylychbek Dosumbetov reported. According to him, the cost of an adult ticket is 1,000 soms, for children above five – 500 soms, younger children can travel free of…
DetailsAzerbaijan plans to increase the wine exports 5-fold by 2025, according to the State Program for the Development of Winemaking in Azerbaijan in 2018-2025, approved by President Ilham Aliyev on May 3. The State Program reads that winemaking is one of the profitable and historical spheres of the agro-industry. According to the statistics, 210 wineries…
DetailsIn January-April revenues from taxes and fees totaling UAH 202.billion were transferred to the general fund of the state budget, up by UAH 20 billion YoY, the press service of the State Fiscal Service (SFS) reported. In January-April UAH 121.5 billion in revenues from tax payments were transferred to the general fund of the state…
DetailsThe energy sector of Ukraine should be transparent, demonopolized and competitive. “We could have become a completely energy-independent country in previous ten years, but this did not happen. Now we have set a course for energy independence, energy saving and production of our own Ukrainian gas, which will be enough for us to meet the…
DetailsAccording to the latest visual observations, the top 10-cm layer of soil is moderately moist in most of Belarus. The average soil temperature at a 10-cm depth is +8-13 degrees C, while the soil warmed to +15 C in the south. Productive moisture content in the topsoil is close to optimum in the majority of…
DetailsLatvia’s economy will grow more slowly than it did in Q1. Growth will likely reach at least 4%, predicts Luminor Bank economist Peteris Strautins. SEB Bank’s macroeconomic expert Dainis Gaspuitis is more reluctant in his outlook. He expects economic growth rate to be 3.7%, considering global cycles and negative trends in certain sectors. Swebank senior…
DetailsJapanese car giant Toyota will no longer offer diesel cars to customers in Estonia, Latvia, and Lithuania, leaving only hybrid and petrol engine cars in the selection. The company explained the decision with the decreasing interest in diesel-powered cars in the Baltic States. The interest of the residents of Estonia, Latvia and Lithuania in diesel…
DetailsFor the first time in many years, Mykolaiv region will receive over UAH 1 billion from the Road Fund for road repairs, Infrastructure Minister of Ukraine Volodymyr Omelyan said during a briefing in Mykolaiv. “This year over UAH 50 billion from different sources, including UAH 32 billion from the Road Fund, will be provided for…
DetailsThe Deposit Guarantee Fund has resumed payments to the depositors of PJSC Bank National Investments, the fund’s press service reports. “From May 2 the Deposit Guarantee Fund is carrying out payments to the depositors of PJSC Bank National Investments under bank deposit agreements, regardless of their date of termination, and under bank account agreements (including…
DetailsOne-fifth of Latvia’s residents believe using credit and debit cards to perform purchases helps save money. Only 10.7% are confident that using cash helps the economy, according to information from Ferratum Bank. The survey performed by the bank shows that 37% of Latvia’s residents are confident that their expenses do not change regardless of the…
DetailsTurkmenistan is ready for substantive negotiations on all aspects of cooperation and use of the port of Turkmenbashi, with countries in the region, which have no path to the sea, stated President Gurbanguly Berdimuhamedov, speaking May 2 at the international forum “”The Great Silk Road” – to new frontiers of development” in Avaza. The head…
DetailsAn opening ceremony of the first solar power plant and laying the foundation of the desalination plant took place on the Unity Day, May 1, in Mangistau, the press service of the governor of Mangistau region reads. The new powerhouse has no analogues countrywide. It is built in Munaily district under the Business Road Map…
DetailsHungary’s low-cost airline Wizz Air has opened new flights from Lviv to London Luton Airport, the press service of Lviv Regional State Administration reported. “In 2008-2009 Wizz Air operated flights to London. But as the passenger traffic was very low, this route was canceled. But the current figures show that this direction has very good…
DetailsUkraine’s state-owned enterprise Zhytomyr Armored Plant has upgraded the combat module “Duplet”, which is intended for the modernization of armored vehicles, and it has passed successful tests, Ukrainian President Petro Poroshenko has reported on his Facebook page. He also noted that Zhytomyr Armored Plant had significantly increased the characteristics of the combat module and equipped…
DetailsNordica started operating its new flight connections to Copenhagen on April 30. It will fly to Copenhagen’s Kastrup Airport up to 11 times a week. “Our job as an airline is to provide quick, convenient, direct connections for Estonian air passengers to key destinations,” Toomas Uibo, Nordica’s director for marketing and communication, said. “Adding the…
DetailsPASHA Bank intends to bring its loan portfolio to 2 billion manats by 2020, Taleh Kazimov, chairman of the Board of PASHA Bank, said at a press conference on May 1. He said that by the same period, it was planned to have increased the value of assets to 5.2 billion manats. Speaking about the…
DetailsAsian Development Bank (ADB) and the Government of Tajikistan signed a $90 million grant agreement on April 30 for the rehabilitation of a 40-kilometer section of the Dushanbe-Bokhtar road to improve connectivity between two major cities and economic hubs in Tajikistan and enhance the safety of the country’s highway network. According to the report, the…
DetailsElectricity production in Ukraine’s power grid increased by 3.8% YoY in January-March, to 44.543 billion kWh. Nuclear power plants (NPPs) reduced electricity generation over this period by 7.6%, to 21.983 billion kWh. Thermal power plants (TPPs), as well as combined heat and power plants (CHPPs) and cogeneration plants (CPs), increased production by 16.1%, to 17.614…
DetailsThe United States has confirmed the delivery of Javelin antitank missile systems to Ukraine in a move that is welcome in Kyiv but will almost certainly enrage Moscow amid a four-year conflict that pits Russia-backed separatists against Ukrainian national troops. “They have already been delivered,” a U.S. State Department official confirmed on April 30. A…
DetailsAccording to Statistics Estonia, in March the production of industrial enterprises increased by 8% compared to March 2017. Production increased in manufacturing as well in mining and in energy. In March the total production in manufacturing was 5% higher compared to the corresponding month of 2017. In March over a half of the branches of…
DetailsPresident Dalia Grybauskaite has signed a law on the ratification of the trade agreement between the European Union and Canada. Currently around 150 Lithuanian companies export to Canada, with as many as 80% of them being small or medium, according to a statement issued by the presidential office. The EU-Canada trade agreement will eliminate 99%…
DetailsKazakhstan’s National Bank has suspended the license of Qazaq Banki JSC for accepting deposits and opening bank accounts for individuals for a period from April 28 till July 27, the press service of the National Bank of Kazakhstan said in a message. “The validity of the license of Qazaq Banki JSC for accepting deposits of…
DetailsUkraine has announced that it is set to begin delivery of the first trams to Egypt by July, according to a statement by the Ukrainian manufacturer Tatra-Yug. The first batch of trams will be docked in Alexandria in early June, the statement said, adding that the delivery of the trams would be completed by the…
DetailsUkraine’s railways operator, the state-run JSC Ukrzaliznytsia, tripled investment in the first quarter of 2018, to UAH 3.869 billion ($147.5 million). “Capital investment of Ukrzaliznytsia was estimated at UAH 3.869 billion in the first quarter of 2018. The major part of funds, that is UAH 2.43 billion, accounting for almost 63%, was spent on the…
DetailsThe first quarter sales revenue of the Estonian state-owned energy group Eesti Energia totaled EUR 228.6 million, marking an increase of 6.2% on year, while net profits declined by 16.1%, to EUR 40.5 million. The revenues of most business segments of Eesti Energia grew in the first quarter on the back of higher electricity and…
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