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Ukraine: average monthly salary up in Q3 2018

The average monthly salary in Ukraine amounted to UAH 9,063 in the third quarter of 2018, up by 24.7% YoY, according to the State Statistics Service of Ukraine. The highest average monthly salary in the third quarter was recorded in the air transport industry (UAH 39,439; +11%), in the financial and insurance sectors (UAH 16,205; +23.3%), and in the information...

Ukraine: Okean shipyard sold for $4.3 million

Assets of the PJSC Mykolaiv Shipyard Okean (Ocean) located in Ukraine's southern city of Mykolaiv were sold at an auction on December 3 to Annona Trading House LTD for UAH 122.195 million, or $4.3 million, according to Liquidator of the shipyard Iryna Serbin. Initially, the starting price of the enterprise was UAH 1.8 billion ($63.8 million). But after several failed...

Tajikistan: buses to replace fixed-route taxis in capital

The Dushanbe mayor's office has decided to reduce the number of fixed-route taxis (minivans) in the Tajik capital in order to remove traffic jams in the city. The number of fixed-route taxis has been reduced on route No. 11 (School No. 61 - Balkh Bazaar); they have been replaced with buses, a source official at the Dushanbe mayor's office reported. Besides,...

Azerbaijan: demand at deposit auction of Central Bank exceeds supply

The Central Bank of Azerbaijan (CBA) received 350 million manats from banks at a deposit auction on December 3, CBA said in a message. According to the message, the demand at the auction amounted to 1.079 billion manats. The weighted average interest rate on deposit transactions concluded within the auction was 7.76%. The CBA has started to hold deposit auctions since...

Georgia: over 8 million international travelers welcomed in 2018

Georgia has set a new record, hosting over 8 million international travelers this year, the Georgian National Tourism Administration (GNTA) announces. More specifically, Georgia hosted 8,105,829 international travelers in January-November, showing an increase of 10.6% YoY. Of these travelers, 4,486,595 were tourists, up by 17.2%. The majority of foreign travelers were from Russia -1,341,127 (+23.8%), Azerbaijan - 1,311,907 (+9.8%), Armenia -...

Ukraine: government determines priorities for 2019

The government of Ukraine has a clear action plan for the next year, in which certain priorities have been set already. "We clearly define the priorities for 2019. The first priority is economic growth," Prime Minister of Ukraine Volodymyr Groysman said at the Partnership for Development Forum. According to him, the government will focus on the improvement of business climate, management...

Ukraine: Deposit Guarantee Fund extends liquidation of three banks

The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of three banks - JSC Bank Veles, JSC Bank Zoloti Vorota and JSC Bank National Investments, the Fund's press service reports. "The Executive Directorate of the Deposit Guarantee Fund approved a decision as of November 29 to extend the term of liquidation of JSC Bank Veles for one...

Lithuania: power prices for households to go up

Lithuania's National Commission for Energy Control and Prices approved new around 15% higher power prices for households for 2019. Under the most popular "standard" plan, the single time interval tariff will rise by 15%, or by 1.7 cents, to 13 cents per kWh. In the case of the dual time interval, the day tariff will go up by 14.7%, or...

Latvia: airBaltic receives 14 Airbus A220-300 aircraft

Latvian airline airBaltic on December 1 in Riga welcomed the last Airbus A220-300 jet for the year, registered as YL-CSM. Currently airBaltic has a total of 14 Airbus A220-300 aircraft on its fleet. Thus far, airBaltic has carried over 1 850 000 passengers on the Airbus A220-300 aircraft with every third airBaltic passenger flying on the aircraft. Airbus A220-300's have...

Azerbaijan: bankcards to become thing of the past

Azerbaijan may leave bankcards behind by switching to the use of mobile technologies offline, as it happened in China, a source on Azerbaijan's financial market reported. The number of bankcard users in Azerbaijan is insignificant and amounts to only 10% of the total population, the source noted. "Similar indicators were also on the Chinese market, but there people preferred to use...