The trade turnover between Russia and Uzbekistan in 2018 increased by 21% YoY, to $5.7 billion, said the Ambassador of Uzbekistan to the Russia, Bortizhon Asadov. “Russia remains the largest trading partner of Uzbekistan. Mutual trade grew by 21% and reached $5.7 billion at the end of 2018,” the ambassador said. President of Uzbekistan Shavkat…Details
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Air Manas airline canceled Bishkek – Osh – Bishkek flights due to production reasons. Flights ZM 193EUR 194 and ZM 197EUR 198 were cancelled on January 18. Technical service immediately began troubleshooting. Passengers of canceled flights can exchange tickets for other flights or get a full refund. Previously, the company has already canceled flights until…Details
Kazakhstan’s Civil Aviation Committee suspends all the flights operated by Sky Service airline. “Due to the recent crash of Eurocopter ES130 T2 in Almaty, the Civil Aviation Committee decided to suspend flights of Sky Service airline,” a press release reads. Besides, the Committee notified all air carriers and operators to strictly observe flight operations regulations…Details
The National Bank of Ukraine (NBU) forecasts that inflation rate in Ukraine will not exceed 7% at the end of the year. NBU Governor Yakiv Smolii said this during his speech in the Verkhovna Rada. “Inflation is expected to be not more than 7% at the end of the year, namely 6.9%,” said Smolii. As…Details
First Deputy Prime Minister of Ukraine and Minister of Economic Development and Trade Stepan Kubiv said the growth of the country’s gross domestic product (GDP) in 2018 was estimated at more than 3%. “The beginning of 2019 is positive: estimates suggest GDP growth in 2018 exceeded 3%, inflation was less than 10%, and the average…Details
The government has approved the direct contract in accordance with the framework agreement signed between the government, ArmPower CJSC and RENCO S.p.A. (Italy). The contract will allow the constructer to launch the process of building and operating a new 250 MW gas-fueled combined cycle electricity station in Yerevan. The construction of the station is expected…Details
Power company Eesti Energia is to close part of its operations at the Narva power plants in eastern Estonia, leading to around 150 job losses. Some older electricity generation blocks have to be decommissioned in line with requirements of the EU Industrial Emissions Directive. The move also means the proportion of electricity generated from oil…Details