Ukrainian air carriers increased passenger transportation by 40% YoY in January-June, to 4.6 million people, according to the State Statistics Service. Passenger turnover for the period under review soared by 45.8%, to 8.9 million passengers/km, the report said. Air freight for the first 6 months of 2017 fell by 8.9%, to 4,000 tons, while cargo…Details
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Azerbaijan’s President Ilham Aliyev has signed an order to provide funding for the construction of Zire-Turkan highway. Under the presidential order, 3 million manats is allocated from the Presidential Contingency Fund for the construction of the highway, which connects two residential areas with the total population of 24,000 people. (Trend/Business World Magazine)Details
PrivatBank in January-March saw its net profit rise 3.52-fold, to UAH 744 million, the bank said in the information disclosure system of the National Commission on Securities and the Stock Market. Its net interest income increased by 22%, to UAH 959 million. After sending UAH 2.337 billion to the reserves for bad loans, the bank’s…Details
PJSC Agrarian Fund is planning to launch production of buckwheat and corn flours, the company’s board chairman Andriy Radchenko said. “My task consists in ensuring profitability of the company. Products with added value are more profitable than raw materials. Therefore we constantly expand this area. The range was widened consistently: first we launched production of…Details
5,735 new Toyota cars were sold in Baltic States in the first six months of 2017, up by 33% YoY. Toyota’s total market share in Baltics is 14.2%. Toyota sales in Latvia have grown by 25%. 1,264 new Toyota cars have been sold in Latvia since the beginning of the year. More than half of…Details
Prices of dairy products in Latvia will either remain on the current level or increase even more in the next couple of months. With that, there is no reason to expect price decline in the near future, predicts head of Agriculture Market Promotion Centre Inguna Gulbe. It was reported at the beginning of July that,…Details
Natural gas reserves in Ukrainian underground storage facilities (USFs) on July 15-22 increased by 2.9%, orby 355 million cubic meters, from 12.320 billion cubic meters to 12.675 billion cubic meters, according to the state-run gas transport system operator, Ukrtransgaz. The daily volume of gas injection into the USFs stood at about 58.7 million cubic meters,…Details