Ukraine: Deposit Guarantee Fund earns 3 billion UAH from sale of property of bankrupt banks in 2016

The Individuals’ Deposit Guarantee Fund tentatively earned around 3 billion UAH from selling property of insolvent banks in 2016, director of the consolidated sale and asset management department of the fund Yulia Bereschenko has said

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Georgia: international arrivals up in 2016

Visits to Georgia by foreign citizens reached 6,350,825 in 2016, up by 7.6% YoY, according to the data released by the Interior Ministry. The Interior Ministry compiles statistics based on border crossing data

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Belarus: EEU Customs Code to bolster investment appeal and transit potential

The Customs Code of the Eurasian Economic Union will increase the investment appeal and transit potential of Belarus, the review of Belarus’ foreign policy and the performance of the Ministry of Foreign Affairs in 2016 says

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Belarus: BelAZ haul trucks mine gold in Georgia

Five haul trucks made by the Belarusian automobile engineering company BelAZ are now used in the gold-mining quarry Kazreti, Georgia. The haul trucks BelAZ-7555V are used in the gold-mining quarry of the company GMP Cooper

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Ukraine: DCH Group launches Kharkiv Tractor Plant

DCH Group of businessman Oleksandr Yaroslavsky officially announced that Kharkiv Tractor Plant started operating on January 6, the press service of the group has reported

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Belarus: Bellesbumprom enterprises branch out into 12 new markets in 2016

Bellesbumprom enterprises branched out into 12 new markets in 2016, Bellesbumprom spokesperson Ruzhena Novitskaya said. “The export geography of Bellesbumprom enterprises included such new destinations as Bangladesh, Bahrain, Cameroon, Kenya, South Africa, Sri Lanka, Morocco, the UAE, Albania, Iraq, Israel, and Luxembourg

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Uzbekistan: mobile operators to pay 2000 soums per each subscriber

The payment for the use of subscriber number by legal entities providing mobile communication services (cellular companies) has been established at 2 thousand soums per month, starting from January 1

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Uzbekistan: Yunusabad metro line to draw $125 million

The President of Uzbekistan Shavkat Mirziyoev approved of a resolution “On measures for implementation of the project “Construction of the second phase of Yunusabad line of Tashkent metro”, The document was adopted in order to further improve the transport infrastructure of the city, to increase the passenger flow, improve the level and quality of transportation of passengers in the Yunusabad line of the Tashkent metro, reduce the congestion of overhead public transport, as well as improvement of ecology and environment protection

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Ukraine: application for gas transit via GTS up

Russia’s Gazprom increased an application for Russian gas transit via the Ukrainian gas transport system (GTS) by 10% compared to first days of January, to 278

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Azerbaijan: investors get CBA’s notes for over 3.5 million AZN

An auction on the placement of short-term notes with the total amount of five million mantas of Azerbaijan’s Central Bank was held at the Baku Stock Exchange (BSE)

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Azerbaijan to create joint drug plants with Turkey and Ukraine

Azerbaijan is holding negotiations to create pharmaceutical plants jointly with Turkish and Ukrainian companies, Shahin Mustafayev, Azerbaijani economy minister and chairman of the country’s Tariff (price) Council, said

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Ukraine: electricity exports in 2016

In 2016 Ukraine exported $152.063 million worth of electricity, in particular $14.278 million in December 2016. According to the State Fiscal Service, electricity delivered to Hungary amounted to $119

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