State-run enterprise Boryspil International Airport (Kyiv), the country’s largest airport, saw a 2.2-fold rise in net profit in January-September, to 1.026 billion UAH. The airport said that its net revenue over the period grew by 30%, to 2.446 billion UAH. As reported, Boryspil Airport in January-September increased its passenger traffic by 16% YoY and by…
More than 400 archaeologists and archaeological workers are estimated to have been employed by TAP project in by the time its construction has concluded in Greece, said the website of TAP. Implementing its commitment to protecting Greek tradition and cultural heritage, TAP has announced that its Engineering, Procurement and Construction (EPC) contractors are currently employing…
UTair Aviation announces the launch of new routes from St. Petersburg to Munich, Samara and Mineralnye Vody. Flights from St. Petersburg to Munich will start on October 30, from Pulkovo International Airport on Fridays, Saturdays and Sundays. Departures from St. Petersburg are scheduled at 15:30 and departures from Munich at 17:10, all times local. Munich…
The issue of state-owned ports assignment to private investors has been discussed in Ukraine for several years, but it was not clear which pattern of interrelation with private investors the state will choose – privatization or concession, or perhaps something else. However, it was clear that something had to be done. Many market participants tend…
Ukraine International Airlines offers passengers of charter flights to take advantage of a vast selection of additional travel options. Effective as of October 24, when booking tickets at travel agencies passengers of all UIA charter flights are provided with an opportunity to purchase the following additional services: – Pre-paid Baggage: UIA offers passengers who would…
Lemtrans freight forwarding company transported 44.6 million tons of various cargoes from January through September. The company carried 46.5 million tons over the same period in 2015. Lemtrans shipped 17.9 million tons of coal (versus 20.5 million tons YoY), 15.1 million tons of iron ore products (16.4 million tons), 5.6 million tons of ferrous metals…
Azerbaijan’s President Ilham Aliyev has signed a decree on application of the “Law on Amending Tax Code of Azerbaijan” adopted by the country’s parliament on September 30. The amendments stipulate removing the value added tax (VAT) for the goods transshipment services directly related to transit cargo transportation. The VAT rate in Azerbaijan is 18%. Currently,…