In May Ukrainian producers exported more than 40,000 tons of sugar, up by 30% YoY. Azerbaijan remained the main importer of Ukrainian sugar in May (29% of all deliveries). Significant volumes were shipped to Turkey and Tajikistan – 17% and 16% respectively. At the same time, 378,200 tons of sugar were exported in September through…Details
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FlixBus, the largest low-cost bus carrier in Europe, starts operating in Ukraine. “FlixBus, the largest bus carrier in Europe with the cheapest tickets, is already in Ukraine! Except for the United States, we are the first state where it begins to work outside the EU,” Ukrainian Infrastructure Minister Volodymyr Omelyan posted on Facebook. He added…Details
Baku Metro keeps on upgrading its facilities and equipment to meet the needs of passengers and provide them with comfort and better services. Head of the press service of Baku Metro Bakhtiyar Mammadov said that the Metro had received two new trains of 10 railroad cars from Russia’s Metrowagonmash company. “Now there is acceptance and…Details
Freight volume handled in the Port of Liepaja in January-May fell by 2.7% YoY, to 3,067,300. In the reporting period, transshipment of grain fell by 21.3%, to 1,081,300 tons, while that of anthracite grew by 8%, to 267,800 tons, construction materials – by 45.2%, to 380,000 tons, and oil products – by 1.5%, to 162,200…Details
At the end of last year, the total amount of electricity supplied to Uzbekistan reached 752.2 million kilowatt-hours valued at $16,244,000. This year, the republic will not export electricity. The issue of import of electricity from Kazakhstan or Tajikistan is being considered due to the low water level in Toktogul water reservoir. (24.kg/Business World Magazine)…Details
Inflation in Ukraine in May amounted to 9.6% YoY, accelerating from 8.8% in annual terms a month earlier, the State Statistics Service of Ukraine reports. May prices compared against the previous month were up by 0.7% after rising in April by 1% against March. Compared with December 2018, consumer prices in May increased by 4.2%.…Details
Economist Viktor Skarshevsky forecasts the forex rate of Ukraine’s national currency, the hryvnia, will have slightly weakened against the U.S. dollar by the end of the summer, to UAH 28-28.5. By autumn, demand for foreign currency will have increased and the dollar will have become stronger. This summer, the hryvnia may still strengthen to UAH…Details