Within four years, a number of Ukrainians traveling by plane should grow to 20 million per year, Infrastructure Minister of Ukraine Volodymyr Omelian said. “Our strategy envisages that within four years the number of air passengers will increase from 8 to 20 million people per year,” the minister said. According to him, now 4-5% out…Details
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Italian company COF SpA and Minsk greenhouse vegetable company will set up a joint enterprise to produce lettuce in Belarus, according to the website of the National Agency of Investment and Privatization. During the ceremony to sign the relevant agreement, Francesco Barbieri, the head of COF SpA, said that he believed that this cooperation was…Details
The state-controlled Oschadbank (Kyiv) in January-June saw net profit rise by 22% YoY, to UAH 306 million, according to a press release from the bank. Operating income increased by 20.3%, to UAH 4.7 billion. The assets of the bank in six months increased by 4.6%, to UAH 220.3 billion. The loan and investment portfolio rose…Details
Ukraine has increased gas inventories in underground storage 61.3% since the end of the heating season, according to operational data from Ukrtransgaz. The inventories amounted to 13.069 billion cubic meters on July 29, up from 8.1 billion cubic meters on March 22. The current inventories are 24.4% more than on July 29, 2016 (10.211 billion…Details
Kazakhstan plans to increase the supplies of agro-industrial products to foreign markets by $600 million, the First Vice-Minister of Agriculture of the Republic of Kazakhstan, Kairat Aituganov declared. In February the President of Kazakhstan approved a new five-year state program for development of the agro-industrial complex focusing on production of competitive top requested products. Its…Details
In the first half-year of 2017, Riga International Airport retained the leader position among Baltic airports, according to statistical data on the airport’s operational results. The airport services more than 2.7 million passengers or 46% of all passengers serviced at airports of Baltic capitals. 49% of all air cargoes were also serviced in Riga. The…Details
Turkmenistan plans to build several new installations in its petroleum refinery complex. The country, in a bid to develop the sector, plans to construct installation for hydro refinement of diesel fuel, the unit for hydro refinement of secondary gasoline, unit for hydrogen production, installation for catalytic IDW, installation for catalytic cracking of the heating oil,…Details