The European Bank for Reconstruction and Development (EBRD) is organizing a loan together with the Clean Technology Fund (CTF) and the Asian Development Bank (ADB) to fund the construction of a 50 MW solar power plant in Baikonur in central Kazakhstan, a region known as the base for space exploration and a testing ground, the…Details
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The new Ukrainian low-cost airline SkyUp Airlines has received an air operator certificate that gives it the right to perform flights, the company’s press service has reported. During the first stage, SkyUp will use two 189-seat Boeing 737-800s produced in 2013 that had previously been used by Malaysia Airlines. Now these aircraft are being repainted…Details
The economy of Ukraine grew by 3.1% in the first quarter, so further growth of 5% or more is realistic, Prime Minister of Ukraine Volodymyr Groysman wrote on Twitter following the field meeting of the Social Policy Ministry board in Kharkiv. “Continuous trend means an increase in the goods and services produced worth UAH 471…Details
The digitalization of the banking sector in Azerbaijan is inevitable, Ibrahim Alyshov, Chief Executive Officer of the Financial Markets Supervision Chamber, said on May 17. He noted that this goal was one of the priorities in the Strategic Roadmap for the Development of the Financial Market. “The digitalization of the country’s banking market is one…Details
Rail service to and through Tartu remained heavily affected on May 17 following a signal box fire in Tartu that brought all rail service to a halt on May 16 afternoon. Many connections are being partially served by shuttle buses, and one morning train has already experienced a half-hour delay. Shuttle buses serving the Tabivere-Tartu…Details
Belarusian milk and juices sell well in the Chinese city of Wuhan, Hubei Province, Yilin Zhang, head of the international economic ties department at Wuhan-Hankou Logistics Company, declared. The executive said that the company started buying milk and juices from Belarus in 2016 and increased import in 2017. The Belarusian dairy company Savushkin Product is…Details
Atlantic Council analyst Anders Aslund has welcomed data on economic growth in Ukraine published by the State Statistics Service of Ukraine on May 15, according to the Ukrainian service of the Voice of America. “Ukraine: finally some good economic news. Gross domestic product rose a preliminary 3.1% YoY in Q1 after growing only 2.2% in…Details