Continuing investments in the renewal of its bus fleet, Ecolines has bought ten new buses using funding from Swedbank. The company has bought five Setra S431DT and five Man R08. The new buses will be used for runs to Western Europe, Baltic States and internal runs within Latvia. All buses are fitted with ergonomic seats.…
DetailsCompared to the first half of 2016, in the second half the average purchase prices of round timber kept declining, moreover, price drop has been recorded for the three recent years. Within the coniferous tree sector, the greatest reduction was observed in purchase prices of pine sawlogs in diameter under 14 cm, within deciduous tree…
DetailsConsumer prices in Latvia may have grown by 2.9-3.3% YoY in March, bank analysts predict. Swedbank economist Linda Vildava notes that consumer prices in March may have grown by approximately 0.4% MoM. This means that prices have grown by 2.9% since March 2016. “The largest positive contribution to monthly changes will likely come from price…
DetailsAmeriabank retains absolute leadership in the banking sector of Armenia by all key financial indicators i.e. assets, liabilities to clients, total capital, loan book and net profit, based on 2016 results. Furthermore, the bank has reported strong performance in retail banking. (PanArmenian/Business World Magazine)
DetailsAshgabat hosted a meeting of the Turkmenistan-South Korea intergovernmental commission on commercial, economic, scientific and technological cooperation, said the Turkmen Foreign Ministry in a message. The Turkmen side was headed by Deputy Prime Minister Maksat Babayev, the South Korean side – by Minister of Trade, Industry and Energy Joo Hyunghwan. The meeting’s agenda included the…
DetailsAtlasjet Ukraine airline (the Atlasglobal brand) plans to return to its development plan and investment by the parent company if there is a chance of basing its planes in Kyiv and Odessa thanks to being assigned to the flights to these cities, Atlasjet Ukraine Executive Director Ovunc Horasans has said. “In 2014, we had concrete…
DetailsTo date almost 60% out of planned 47 thousand hectares have been sown with sugar beet and 30% out of 32 thousand hectares with sunflower. The company plans to complete sowing of these crops in a few days and begin corn and soy sowing campaign. As of the beginning of the spring sowing campaign, ASTARTA…
DetailsFor a long time central banks have been realizing a money policy as a result of which loan interest rates in many developed countries have been very high. Businesses and households benefit the most from such conditions, as their loans for investments and consumption have become cheaper. Governments of different countries benefit from it the…
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