Estonian carrier Regional Jet, which is owned by Estonian state-owned airline Nordica and LOT Polish Airlines, achieved a better than expected zero result for 2018, with turnover increasing by 80% YoY, to EUR 68 million. “I am really impressed with how our organization has developed all these new businesses in such a short period of…Details
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Azerbaijan exported 1.2 billion kilowatt-hour of electricity in January-June in comparison with 1.1 billion kilowatt-hour in the same period of 2018, the State Customs Committee reported. The cost of electricity exported during the mentioned period amounted to $51.9 million compared to $54.6 million. The main producer of electricity in Azerbaijan is Azerenergy. The capacity of…Details
The value of investments attracted to the economy of Kazakhstan amounted to 11.179 trillion tenge in 2018, up by 17.5% YoY, the Committee of Statistics reported. “In the reporting period Shymkent city was the leader by attracted investments, the volume of which increased by 162.2%. It is followed by Atyrau and Kyzylorda regions of Kazakhstan,…Details
Japan has included Ukraine in the list of countries that can supply raw milk and dairy products, the State Service of Ukraine on Food Safety and Consumer Protection has reported. Animal Health Requirements for raw milk and/or milk products to be exported to Japan from listed countries have been published. Ukraine is among the listed…Details
Ukraine has tested the Vilkha-M (“Alder”) multiple launch rocket system, a high-precision upgrade of the Vilkha complex, which in turn is a deeply modernized version of the Soviet “Smerch”. “Another stage of factory tests of the Vilkha-M high-precision MLR system took place on July 24. During the tests, more tasks for checking and improving a…Details
In Q1 at least 112,100 economic entities operating in tourism sector were registered in Kyrgyzstan, the National Statistical Committee reported. Most of them are located in Bishkek (20,900 legal entities and individuals, or 18.7%), Osh (19,100, or 17.1%) and Chui (16,600, or 14.9%) regions. At the same time, 12,800 subjects are registered as enterprises providing…Details
The World Bank’s “Azerbaijan Employment Support Project” will help expand the self-employment program, according to the statement made in the Azerbaijani Ministry of Labor and Social Protection of Population during a meeting with the preliminary assessment mission on the WB’s “Azerbaijan Employment Support Project”. Attracting the unemployed to self-employment will provide them with access to…Details