Home / 2017 / May / 23 (page 2)

Daily Archives: May 23, 2017

Low Chances for Iran, Israeli Gas to Reach Europe – Expert

Low Chances for Iran, Israeli Gas to Reach Europe - Expert

The chances of Iranian and Israeli gas to reach European market are not good, Charles Ellinas, CEO of Cyprus-based energy consultancy e-CNHC believes. “Gas prices in Europe are too low to make such prospects commercially viable,” Ellinas, who is also a nonresident senior fellow with the Atlantic Council and has …

Read More »

Macedonia Reiterates Interest in Joining TAP

Macedonia Reiterates Interest in Joining TAP

The Republic of Macedonia is very interested in connecting with the Trans Adriatic Pipeline (TAP) project, CEO of Macedonian Energy Resources Skopje company Krste Miladinov told Trend. “Regarding the connection to TAP, a request was sent to TAP AG Greece, but no final response has been received so far,” he …

Read More »

Georgia Looking for Export Markets for its Meat

Georgia Looking for Export Markets for its Meat

Georgia wants to become a meat exporting country and is looking for export markets. The Minister of Agriculture Levan Davitashvili says that the country is actually able to do this and if the key markets are opened for entrepreneurs, it will support the full cycle of production. As he notes, …

Read More »

Cartu Bank Profits Marked 5.6 million GEL as of May 1

Cartu Bank Profits Marked 5.6 million GEL as of May 1

Cartu Bank profits marked 5.6 million GEL as of May 1 and the bank’s ratio in total profits of commercial banks (296.6 million GEL) made up 1.9%. Profitability coefficient considerably worsened in April. Return on Equity (ROE) made up 8.61%; Return on Assets (ROA) totaled 1.41% (Q1/2017 -11.2%; 1.77%). The …

Read More »

VTB Bank’s Crediting Portfolio Grows, Profits also Rise

VTB Bank's Crediting Portfolio Grows, Profits also Rise

VTB Bank enlarged its crediting portfolio. The growth marked 2% in April (Q1/2017 – 893 million; + 1.7% m.m). Net profits have also risen (Q1/2017 -10.224 million; +13.1% m.m). As of May 1, the ratio of VTB Bank accounts for 4.7% in terms of assets.     Assets 1 388 …

Read More »

Healthcare and Rehabilitation Center to Open in Shovi

Kazakhstan businessmen invest in construction of healthcare and rehabilitation center for Children and Mothers in Shovi. Eurasian Invest company already owns hotel in Racha boarding house Mamison which is a part of healthcare center project. At this stage company implements road construction after which main works on center will start …

Read More »