In January-November the Nikolaev seaport increased the transshipment of cargo by 4.8% YoY, to 21.32 million tons, the press service of seaports Administration of Ukraine reported. In particular, the transshipment of imported cargoes increased by 22.8%, to 5 million tons during the reported period, transit shipments rose by 14.3%, to 1.137 million tons, at the…Details
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From January 1, 2018 written declaring of imported and exported cash foreign currency in the amount of up to $2,000 is canceled in Uzbekistan. When importing and exporting more than $2,000, the entire amount is declared in writing. Export of cash foreign currency outside of Uzbekistan is now carried out without any permits within the…Details
In January-November the Freeport of Riga handled 31,116,900 tons of cargo, down by 6.7% YoY. Coal transshipment fell by 5.8%, to 11.02 million tons, oil products – by 30.5%, to 5.23 million tons, wood pellets increased by 17.9%, to 578,000 tons, ore – by 32.5%, to 467,600 tons. The port’s container throughput grew by 16.8%,…Details
The Mogilev-based lift manufacturer OAO Mogilevliftmash intends to start making travelators in 2018, the company’s Chief Engineer Igor Frolkin declared. A prototype travelator (a moving walkway) has been made in association with Chinese partners. The product has passed electromagnetic compatibility tests in line with the relevant technical regulations on safe machines and equipment. Acceptance and…Details
The National Bank of Ukraine (NBU) has transferred the eighth tranche of profit in the amount of UAH 4.4 billion to the state budget, the central bank’s press service reports. “On December 7, the National Bank transferred the last eighth tranche of profit in the amount of UAH 4.4 (44,378,828,945.50) billion to the state budget,”…Details
PrivatBank has introduced the money transfer service using Welsend system, the bank has said in a press release. The Welsend money transfer system was created by Ukrgasbank (Kyiv) in 2013. Partners of Welsend are 53 financial institutions both in Ukraine and outside the country. The system is present in over 120 countries and has over…Details
Belarus and Egypt have agreed to set up an engine assembly plant. The matter was discussed during a visit of a delegation of Minsk Motor Plant led by Director General Igor Yemelyanovich to Egypt, the Belarusian embassy in Egypt reported. The Belarusian delegation visited the Ministry of Military Production of Egypt, large industrial companies specializing…Details