Compared to February 2020, total retail trade turnover reduced by 8.5% in February 2021. Turnover of retail trade in food products grew by 1.7%. Retail trade in non-food products (except for retail sale of automotive fuel) decreased by 21.5%, but turnover of retail sale of automotive fuel – increased by 5.2%. The most notable turnover…
Retail turnover rose by 4% YoY in February, to a figure of EUR 594 million, state agency Statistics Estonia said. This represented a slight slow-down on the previous month’s figures. Jaanika Tiigiste, Statistics Estonia leading analyst, said in January the figure was 7% (both figures cite constant prices). Tiigiste said: “While turnover increased in stores…
Export of Belarusian agricultural products to Tajikistan rose 1.4-fold YoY in 2020, the press service of the Agriculture and Food Ministry reported after Agriculture and Food Minister Ivan Krupko met with Ambassador Extraordinary and Plenipotentiary of Tajikistan to Belarus Mahmadsharif Haqdod. Belarus-Tajikistan trade in agricultural products and food totaled $9.8 million in 2020. Belarus’ food…
In February, the average nominal salary in Ukraine amounted to UAH 12,549, up by 15.7% YoY, according to the State Statistics Service. The average nominal salary of Ukrainians in February was 2.1 times higher than the minimum wage (UAH 6,000). Compared to January, the average nominal wage rose by 1.7%. The highest average nominal salaries…
The UK is concerned over activity of “Scottish” companies operating in Uzbekistan, according to an article published by The Times. The World Bank in 2020 blacklisted an anonymously owned Scottish company NovoLine Resources after exposing “fraudulent practices” in an emergency medical aid program. NovoLine Resources won the tender of the Uzbek Health Ministry for the…
“If the issue of private investments in the mining sector of Kyrgyzstan has reached the level of heads of state and is being discussed at the highest level, I have bad news for Bishkek. You ended up in a bad way. Comfortable investors who comply with laws and environmental standards will no longer come to…
Global tech giants Google and Facebook are swallowing an ever-greater part of the Estonian advertising market. Their share of the market grows by an estimated 10% a year, while the turnovers of local companies stagnate. Raido Raamat, executive manager of agency Media House, said that it was difficult to gauge digital companies’ market share, as…