Business World Magazine: пятница, июля 29, 2016

Business World Magazine

29.07.2016

Ukraine: government approves of 1.21 billion UAH project for upgrading another section of Urengoy-Pomary-Uzhgorod gas pipeline

Ukraine’s Cabinet of Ministers has approved of the project on modernization and overhaul of the section 3,364.5-3,391.2 km of the Urengoy-Pomary-Uzhgorod gas pipeline

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Tajikistan seeking investors to resume operations at the loss-making fertilizer plant

Tajikistan is seeking investors for resumption of operations at the debt-ridden and loss-making fertilizer plant, which is located in the southern province of Khatlon

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Uzbekistan claims 61st place in the world on GDP based on PPP

The World Bank issued a rating of countries on the volume of gross domestic product (GDP) based on purchasing power parity (PPP) for 2015. The rating includes 188 states

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Uzbekistan: 6 million square meters of habitations commissioned in H1 2016

Uzbekistan commissioned 6 million square meters of habitations in January-June, a publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan said

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Uzbekistan keeps the 43rd place in the world on population

The World Bank published the rating of countries on number of populations in 2015. The rating includes 217 countries. According to the World Bank’s data, number of population of Uzbekistan made up 31

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Uzbekistan: localized goods output up in H1 2016

Uzbekistan produced 2.3 trillion soums worth of goods within the program of localization of production of ready goods, spare parts and materials in the first half of 2016, a publication of the Ministry of Economy and State Statistics Committee of Uzbekistan said

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Turkey completing construction of its BTK railway section

87% of the Baku-Tbilisi-Kars (BTK) railway has been constructed in Turkey, Ahmet Arslan, Turkish minister of transport, shipping and communications, said

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Uzbekistan: $1.8 billion of foreign investments used in H1 2016

Uzbekistan used foreign investments and loans for $1.8 billion in the first half of 2016, up by 17.2% YoY, a publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan said

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Uzbekistan: share of small businesses in GDP up in H1 2016

Share of small businesses in the gross domestic product of Uzbekistan grew from 44.7% in the first half of 2015 to 46% in the first half of 2016, a publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan said

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Uzbekistan: Qishloq Qurilish Bank’s assets reach 4.861 trillion soums in H1 2016

Total sum of net assets of Qishloq Qurilish Bank reached 4.861 trillion soums as of June 30. In the result of the second quarter of 2016, total size of the bank’s capital reached 462

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Azerbaijan: Qatar Airways flight from Tbilisi to Baku delayed for 8 hours

The Qatar Airways plane operating the flight from Tbilisi to Baku has been delayed for almost eight hours due to technical reasons, the Baku Heydar Aliyev International Airport said

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Tajikistan: Pakrut Gold Project production to start in August 2016

Production of gold at the Pakrut Gold Project is expected to start next month, according to the Ministry of Industry and New Technologies (MoINT)

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Azerbaijan: Shah Deniz field output up in H1 2016

The consortium of Azerbaijani Shah Deniz gas and condensate field development produced 5.4 billion cubic meters in the first half of the year, Natural Gas Europe reported citing Azerbaijani top energy official

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Tajikistan: gold output up in H1 2016

Over the first six months of this year, gold mining companies operating in Tajikistan have produced 2,096 kilograms of gold, up by 2% YoY, Tajik Minister of Industry and New Technologies Shavkat Bobozoda said

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Kyrgyzstan: 5.9 billion soms in the form of tax duties received from EEU countries

Kyrgyzstan has received 5.9 billion soms in the form of tax duties from the EEU countries, Deputy Director of the Central Treasury of the Ministry of Finance Marlen Amandykov said

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Kyrgyzstan: economic growth down

Kyrgyzstan’s economic growth has decreased since the beginning of the year, Deputy Director of the Central Treasury of the Ministry of Finance Marlen Amandykov said

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Kazakhstan: KMG EP oil output down

Kazakh oil company KazMunaiGas Exploration Production (KMG EP) produced 6.08 million tons of oil in H1 of 2016 including its stakes in subsidiaries and joint ventures, up by 0

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Kazakhstan: Kaznex Invest opens representative office in Turkey

JSC National Agency for Export and Investments Kaznex Invest which is a part of the Kazakh Investments and Development Ministry has accredited its representative office in Istanbul

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Kazakhstan: oil output to drop

Many oil producing companies working in Kazakhstan observed negative financial result in 2015, according to Vice Minister of Energy Asset Magauov

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Uzbekistan: JV MAN Auto Uzbekistan to launch production of cabs for trucks in September 2016

JV MAN Auto Uzbekistan, an Uzbek-German joint venture, will launch production of cabs for supersize MAN trucks in Samarkand region in September

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Uzbekistan: Jizzakh cement plant expands production capacities

Jizzakh cement plant completed implementation of the project on expansion of its production capacities up to 1 million tons a year. The project cost is $35

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Azerbaijan: trade with Iran to hit 80% growth

The volume of trade turnover between Iran and Azerbaijan is estimated to surge by at least 80% over the current Iranian year (to end March 21), an Iranian trade official said

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Azerbaijan: European Commission to financially support TANAP project

The European Commission will allocate 3.5 million euros of financial aid for the project for construction of TANAP via which Azerbaijani gas will be delivered to Turkey and then to Europe, said the message from TANAP

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Uzbekistan: Bravo Pharma and IUT to establish mutually beneficial cooperation

The Indian company Bravo Pharma expressed the intention of cooperation with Inha University in Tashkent (IUT) in the introduction of innovative solutions in healthcare

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Belarus calling for more active development of Eurasian transport corridors

More effort should be made to develop the international transport corridors in Eurasia, Ambassador Extraordinary and Plenipotentiary of Belarus to Tajikistan Oleg Ivanov said in his speech at a conference on the role of transport and transit corridors in ensuring sustainable development, the press service of the Belarusian Ministry of Foreign Affairs reported

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Uzbekistan: 600 enterprises start exporting their products

About 600 enterprises, which earlier did not export their goods, started to ship their products to foreign states in the first half of 2016, a publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan said

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Ukraine: gas transit down

Transit of natural gas via Ukrainian gas transport system fell to 136 million cubic meters on July 26, and this is 30% less than average daily transit on July 1 through July 22 (around 190 million cubic meters a day), according to Ukrtransgaz’s data

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28.07.2016

Ukraine: Kyivenergo net loss up in H1 2016

Public joint-stock company Kyivenergo (Kyiv) saw a 38% rise in net loss in January-June YoY, climbing to 752.21 million UAH. According to a company report, its net revenue in H1 2016 grew by 20

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Ukraine: Ukrnafta sees 10.1 million UAH in net loss in H1 2016

Public joint-stock company Ukrnafta, Ukraine’s largest oil producer, saw 10.09 million UAH of net loss in January-June compared to 3.91 billion UAH of net profit a year ago

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Ukraine: Ukrzaliznytsia head seeks to bring UZ Cargo International brand to market in six months

Board Chairman of Ukrzaliznytsia Wojciech Balczun has said that international operations of the company should be stepped up. He seeks to create the UZ Cargo International brand within six months, Balczun wrote on his Facebook page, commenting on the board’s action plan presented to the Infrastructure Ministry by him on July 25

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Ukraine: Dutch firm to invest in shale gas field

A winner of the competition was selected to become investor for the implementation of the Agreement on the distribution of hydrocarbons extracted from the Yuzovsky field, the press service of the state-owned enterprise Nadra Ukrainy has reported, which is a stakeholder of Nadra Yuzovsky PLC, founded to implement the project of finding and mining under the agreement on the distribution of hydrocarbons extracted from the Yuzovsky field

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Ukraine: over 24 million tons of grains harvested

As of July 26, agrarians harvested 24.78 million tons of early grains and pulses throughout the areas of 6.71 million ha, or 69% of the plan (9

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Ukraine to have enough gas for winter

CEO of the national oil and gas company Naftogaz Andrei Kobolev has pledged the country will have enough gas in the coming winter. “As of now, the country’s underground gas storage facilities hold about 10

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Turkey ready to start building first line of Turkish Stream project

Turkey is ready to initiate construction of the first line of the Turkish Stream gas pipeline project, Turkish Economy Minister Nihat Zeybekci said

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Iran: Taban Air launches Tehran-Astrakhan direct flight

Taban Air CEO has announced the operation of a new flight path between Tehran and Russia’s Astrakhan. Founder and CEO of Taban Air Airline Company Asghar Abdollahpour made the announcement saying “the airline will operate flights once a week on a regular basis in order to facilitate commutes of Iranian and Russian businessmen”

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Russia: Syrian Air Force receives Su-24M2 bombers

Armed forces of the Syrian Arab Republic received the new Su-24M2 all-weather attack aircrafts from Russia. The upgraded Su-24M2 front-line bombers were transferred from presence of Aerospace Forces of the Russian Federation within rendering military and technical assistance to the Syrian Army in fight against the terrorist group “Islamic State”

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Ukraine: Sumy city obtains 850 energy saving street lamps from UNDP

Sumy, city in northeastern Ukraine, has received 850 energy efficient street lighting system lamps from UNDP for modernization of street lighting

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Russia: work of the Russian-Turkish commission on trade and economic cooperation resumed

Russia resumes activity of the joint intergovernmental Russian-Turkish commission on trade and economic cooperation. The Prime Minister of the Russian Federation Dmitry Medvedev signed the corresponding decree of the Government #706 dated July 22, the Ministry of Economic Development reported

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Russia approves of loan to finance construction of NPP Ruppur in Bangladesh

Russia and Bangladesh have signed an intergovernmental agreement on the allocation of a state loan to finance the main stage of the construction of the Ruppur nuclear power plant in Bangladesh, Atomstoyexport (ASE) said in a press release

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Russia: air defense missile system in the northwestern strategic area up

The efficiency of Russia’s air defense system in the northwestern strategic area has grown 1.5 times over the past three years, Russian Defense Minister Sergei Shoigu said

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Russia: Rosneft redeems $1 billion Eurobonds

Rosneft Finance S.A. (a subsidiary of Russian state-owned oil company Rosneft) has redeemed second series Eurobonds worth $1 billion, the company said in a statement

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Russia: Rosmorport and MSC GROUP discuss sea terminal construction in the city of Pionersky

FSUE “Rosmorport” and “MSC GROUP”, Italian holding company, discussed the “Construction of Sea Terminal in the City of Pionersky” project

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Russia: Rosmorport’s Arkhangelsk Branch Ice Pilots escort 15 vessels of Jan De Nul to the Gulf of Ob

On July 4 to 17, the Arkhangelsk Branch Ice Pilots escorted a caravan consisting of 15 vessels of the Jan De Nul company dredger fleet to the Gulf of Ob of the Kara Sea, says Rosmorport

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Russia: new TSHD Sommers commences dredging at Makhachkala seaport

The Sommers, lead ship of TSHD 1000 design, built for FSUE Rosmorport, commenced operations at the seaport of Makhachkala on July 23. Rosmorport says the dredger will perform the most urgent maintenance dredging to debottleneck the access channel and the basin of the port’s oil harbor

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Moldova expecting higher sunflower crop

After the high results of 2015, Moldavian farmers decreased sunflower sowing area for the new harvest of 2016/2017, but not because of the lowering interest in this crop

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Russia: LUKOIL commissions Phase I power supply at Usinskoye field

PJSC LUKOIL has commissioned Phase I of the auxiliary power supply plant in the Republic of Komi. The 100 MW power plant is designed to satisfy the growing need in power at the Denisovsky license area and will increase utilization of associated petroleum gas

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Russia: Korsakov-Wakkanai ferry link to resume operation in August 2016

Ferry service linking Korsakov (Sakhalin) and Wakkanai (Hokkaido) will start operating on August 1, 2016. Cross border transportation of passengers between the islands will be resumed by the order of the Sakhalin Region Governor, says the press center of the regional government

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Kazakhstan: oilseed stocks down

As of July 1, oilseed stocks totaled 260.5 KMT, down by 61.3 KMT YoY (321.8 KMT). Thus, availability of sunflower seeds grew by 10.7 KMT to 104

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Russia: Kandalaksha Bay VTS obtains Certificate of Compliance

On the results of Inspection Commission work, FSUE “Rosmorport” obtained Certificate No. 16.01867.315 dated 29.04.2016 of compliance of the Kandalaksha Bay with requirements for VTS of the 2nd category, says Rosmorport

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Russia to increase grain export volumes

In several following months, Russia will continue increasing the export shipments of grains, which will reach their peak in August-September period, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky announced on July 26

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Russia to get the record grain harvest in 16 years

Experts of Rusagrotrans CJSC increased their estimations of the general grain harvest in Russia in the current year to 113 million tons, as opposed to 110 million tons of the previous forecast, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky declared on July 27

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Russia: CTSP H1 2016 operating results

In the first half of 2016 JSC “Container terminal Saint-Petersburg” (CTSP, member of UCL Holding) handled 288,2 thousand TEU, exceeding the last-year result by 66,5%, says CTSP

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Russia: Azov region experiences demand swings due to events in Turkey

In the Azov Sea basin grain freight rates continue to grow. At the same time, their growth potential was somewhat limited by events in Turkey and concerns about safety of merchant shipping in the region, which caused some pause in trade

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Russia: Bashneft oil production up in H1 2016

Oil production of Bashneft in the first half of 2016 increased by 10.9% YoY, to 10.58 million tons, the company said in a statement. “During the six months of 2016, Bashneft produced 10

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Ukraine: Darnitsa pharmaceutical firm net profit down in H1 2016

Private joint-stock company Darnitsa pharmaceutical firm (Kyiv) saw a 48.9% fall in net profit in January-June YoY, to 144.29 million UAH. Its net revenue grew by 19

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27.07.2016

Tajikistan: Tajik Air to launch transit flights to Belgium and France

Tajik national air carrier, Tajik Air, plans to launch transit flights to Belgium and France. Tajik Air Director-General Khairullo Rahimov says the request for launching new flights to Europe has come from partner air companies of China, India and Pakistan

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Russia: troops carry out electronic launches of Iskander-M missiles

Missile troops of the Eastern Military District from the Primorsky Territory, Russia’s Far East, have carried out the first electronic launches from the Iskander-M tactical ballistic missile systems in a tactical exercise at the Kapustin Yar range in the Astrakhan region, southern Russia, the Eastern Military District spokesman Colonel Alexander Gordeyev said

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Russia: 32 million tons of grains harvested

As of July 21, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 8.1 million ha (on the same date in 2015 – 6

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Belarus: Japan interested in investing in high-tech economy

Japan is interested in investing in the Belarusian economy of high technologies. The statement was made by the member of the lower chamber of the Japanese parliament, head of the Japan-Belarus friendship group in the Japanese parliament Genichiro Sata before his meeting with Deputy Chairman of the House of Representatives of the National Assembly of Belarus Viktor Guminsky on July 19

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Uzbekistan and China discussing new gas deal

Governments of Uzbekistan and China began negotiations on a new gas deal. Negotiations are at an early stage, and it’s unclear whether it will be a long-term contract for several years or only for 2017

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Uzbekistan: Uzbekenergo delivers 23 billion kW-h of electricity to consumers

Enterprises of Uzbekenergo supplied about 23 billion kW-h of electricity to the consumers in the first half of 2016, the press service of the company said

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Uzbekistan: Samarkand region uses investments for 1.72 trillion soums

The gross regional product of Samarkand region made up 4.71 trillion soums in January-June. The volume of industrial output grew by 12%, consumer goods production – by 22%, retail trade – by 13

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Uzbekistan: S7 Airlines and Uzbekistan Airways sign code-sharing agreement

Uzbekistan Havo Yollari (Uzbekistan Airways) and Russian airline S7 Airlines signed a code-sharing agreement, envisaging execution of joint flights

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Kyrgyzstan: carriers complain of permits issued to drivers from China and Turkey

Carriers complain of permits issued to drivers from China and Turkey, but not from Kyrgyzstan. They stated it at a meeting with representatives of the Ministry of Transport and Roads

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Kazakhstan seeking opportunity to export grain to Ethiopia

Ethiopian authorities are interested in the import of Kazakhstani grain, the Extraordinary and Plenipotentiary Ambassador of Kazakhstan to Ethiopia informed

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Kazakhstan: liquefied gas wholesale prices for domestic market up

Kazakhstan increased maximum allowed domestic wholesale prices for liquefied gas from 11,034 tenge per ton to 23,106 tenge per ton, Kazakh energy ministry reported

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Kazakhstan: spacecraft assembly and testing complex being constructed

Kazakhstan is building a spacecraft assembly and testing complex, which will be commissioned in Astana in early 2018, Marat Nurguzhin, head of Kazakh National Space company Kazakhstan Garysh Sapary, said

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Uzbekistan: Karakalpakstan’s economy up in January-June 2016

The growth of gross regional product of Karakalpakstan made up 21.2% in January-June 2016. The volume of industrial production reached 1.88 trillion soums

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Uzbekistan: Jizzakh region’s GRP up in H1 2016

The gross regional product of Jizzakh region grew by 9.5% in January-June. Industrial output of the region rose by 13.7%, agriculture production – by 5%, construction – by 12

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Kyrgyzstan: four large bankrupt plants sold

At least four large plants, which had been declared bankrupt, were in Kyrgyzstan. Kara-Balta Distillery State Enterprise, specializing in the production of Lux ethyl alcohol, alcohol oxide fraction, fusel alcohol, carbon dioxide, was bought by an investor from Russia, who planned to modernize the company and expand production

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Uzbekistan: Andijan region exports reach $83 million in H1 2016

About 58 objects of social sphere and water pipes were commissioned in Andijan region in the first half of 2016 within the investment program

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Uzbekistan: economy of Ferghana region up in H1 2016

Gross regional product of Ferghana region grew by 8.4% in the first six months of 2016. Industrial production of the region grew by 10.5%, consumer goods production – by 16

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Uzbekistan: economy of Bukhara region up in H1 2016

The gross regional product of Bukhara region grew by 8.3% in the first half of 2016. In the reporting period, industrial output of the region rose by 10

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Tajikistan: Dushanbe-Qurghon Teppa railway to be complete in September 2016

The construction of the rail link connecting Dushanbe and Qurghon Teppa will be fully completed in September this year, Usmon Qalandarov, the deputy head of Tajik Railways, informed

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Uzbekistan: Dmitry Osovik to become production director of BAT Uzbekistan

Dmitry Osovik will become a director on production of British American Tobacco Uzbekistan (BAT Uzbekistan), BAT Russia said in a statement. Dmitry Osovik will be responsible for development of production at British American Tobacco’s division in Uzbekistan, including production of cigarettes, tobacco and supply chain, the company said

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Kyrgyzstan: Court of Canada lifts freezing of Kyrgyzaltyn’s shares in Centerra Gold Inc.

Court of Canada has lifted freezing of all shares of Kyrgyzaltyn JSC in Centerra Gold Inc. The shares were frozen as part of proceedings on recognition and enforcement of arbitral decisions against the Kyrgyz Republic at the expense of Kyrgyzaltyn assets

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Tajikistan: construction of the TAT railway remains questionable

The Turkmenistan-Afghanistan-Tajikistan (TAT) railway construction remain questionable because of uncertainty in the current situation in Afghanistan, Usmon Qalandarov, the deputy head of Tajik Railways, said

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Tajikistan: cargo-by-rail shipments down in H1 2016

Compared to the first half of 2015 cargo-by-rail shipments in Tajikistan have reportedly fallen by nearly 3% over the first six months of this year

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Belarus: MAZ ships 100 buses to Russia

The leasing company TK Leasing, an official dealer of the Belarusian mechanical engineering company OAO Minsk Automobile Plant (MAZ trademark), has finished shipping 100 vehicles to Kaliningrad GorTrans, the municipal mass transit enterprise of the Russian city of Kaliningrad, the press service of the Embassy of Belarus in Russia reported

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Belarus: agricultural machinery showcased in Tajikistan

MTZ tractors and other Belarus-made farm machines have been presented at an international trade fair in Tajikistan, the press service of the Belarusian Ministry of Foreign Affairs reported

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Belarus to step up cooperation with Zimbabwe

Belarus and Zimbabwe intend to step up cooperation in trade and economic affairs, the press service of the Embassy of Belarus in Russia reported after Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Igor Petrishenko met with Ambassador Extraordinary and Plenipotentiary of Zimbabwe to the Russian Federation with concurrent accreditation to Belarus Mike Nicholas Sango in Moscow

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Azerbaijan: investments in Turkey to go up

Azerbaijan plans to increase investments in Turkey up to $20 billion until 2018, said Azerbaijan’s Economy Minister Shahin Mustafayev. “Currently, the volume of Azerbaijani investments in Turkey totals $8 billion”, said Mustafayev

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Azerbaijan: SOCAR commissions new well in Caspian Sea

Azerbaijan’s state oil company SOCAR will additionally produce nearly 16,500 tons of oil annually through commissioning of a new well, said SOCAR in a message

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Kazakhstan: 90% of Industrialization Map projects working at full capacity in Karaganda region

71 projects have been implemented in Karaganda region under the Industrialization Map. 54 of them are running at full capacity now, according to Tolegen Igembayev, Head of the Regional Department for Industry and Industrial-Innovative Development

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Uzbekistan: Ahangarancement cement output up in H1 2016

Ahangarancement produced 918,800 tons of cement in January-June, up by 5.3% YoY. According to the company, it produced 662,295 tons of clinker in the first six months of 2016, up by 11

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Turkmenistan: over 2.4 million tons of oil produced

Turkmenistan’s Turkmenoil state concern produced over 2.461 million tons of oil in H1 2016, said the message from the company. The plan for delivering crude oil to the main consumers has been fulfilled successfully, according to the message

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26.07.2016

Ukraine: flour production down in H1 2016

In January-June Ukrainian flour milling enterprises produced 888 thousand tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared

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Tajikistan: Somon Air number of flights to Lahore down

Tajik private airline Somon Air announces a reduction of the number of flights from Dushanbe to Lahore (Pakistan) and the launch of a new air routes from Dushanbe to Russia

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Russia: Russian Helicopters to open service centers in Asia and Latin America

The Russian Helicopters aircraft maker is planning to create after-sales service centers in the countries of both Southeast Asia and Latin America, the company’s deputy CEO for sales, Grigory Kozlov said

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Russia: soy isolate production to be initiated

Isolate company, based in Israel, received the government permission for construction of soybean crushing plant in Lipetsk industrial zone. 3

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Russia: who buys MiG-29M

A flurry of construction is underway that could help Russia’s faltering MiG aircraft manufacturer. But a lingering question remains: who is purchasing the expected 46 new MiG-29M fighter jets

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Uzbekistan to export $1.1 billion worth of textile, garment and knitwear in 2016

Uzbekistan plans to export textile, garment and knitwear products valued at over $1.1 billion. The country has attracted foreign investments for $2

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Uzbekistan: new cement plant commissioned

One of the major projects – construction of “Titan Cement” enterprise – has been completed and put into operation in Karauzyak region of Karakalpakstan

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Ukraine: UIA announces the launch of new flights to Ankara

Within the period of winter 2016/2017 schedule Ukraine International Airlines will launch non-stop scheduled flights between Kiev and Ankara, Turkey

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Tajikistan: three TALCO plants to be put into operation in Yovon August 2016

The Tajik Aluminum Company (TALCO) is expected to put three large industrial enterprises into operation in the Yovon district next month. TALCO plans to put the following plants into operation: the plant for production of aluminum fluoride with annual capacity of 18,000 tons, the plant for production of cryolite with annual capacity of 12,000 tons and the plant for production of sulfuric acid with annual capacity of 130,000 tons

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Ukraine: NBU assets up H1 2016

The Statement of Financial Position of the central bank suggest that in January-June the National Bank of Ukraine’s assets increased slightly by 24

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Tajikistan: $2.877 billion in FDI attracted

Tajikistan attracted $6.663 billion in foreign investments in 2007-2015, according to the State Committee on Investment and State-owned Property Management (GosKomInvest)

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Russia: iFly boosts capacity as August deadline looms

iFly Airlines has begun the process of increasing the number of aircraft in its fleet in order to conform to Russian minimum fleet-size regulations

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Ukraine: Russian drilling rigs spotted in maritime economic zone

Employees of the State Border Service of Ukraine when monitoring the sea surface from air have registered Russian self-elevating drilling offshore platforms, fixed platforms and supply vessels in Odessa and Holitsynske gas fields

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Russia: 1.2 million tons of grains exported

Since the beginning of 2016/2017 MY, and as of July 20, the volume of grain exports from Russia totaled 1.2 million tons, down by 7.4% compared with the same period last season (1

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Russia: special air detachment gets new Il-96-300 airliner

Russian aircraft manufacturer United Aircraft Corporation (UAC) has delivered a brand-new Ilyushin Il-96-300 airplane to the Rossiya special air detachment reporting to the Office of the Russian President

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Russia: Permanent Representatives to the International Organizations in Vienna visit Beloyarsk NPP and Ural Electrochemical Integrated Plant

On July 19-20, a delegation of the Permanent Representatives of foreign countries to the International Organizations in Vienna visited Russian nuclear industry enterprises – Beloyarsk Nuclear Power Plant and Ural Electrochemical Integrated Plant

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Russia: Passenger Port of Saint Petersburg welcomed 14 cruise ships last week

On July 18-24 Passenger Port of Saint Petersburg received 14 cruise ships which brought 22160 passengers, the port said in a press release. The total berth time of the ships is 27 ship-days, total amount of passenger operations – 111847

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Ukraine: Naftogaz to increase gas price for industrial consumers

National joint-stock company Naftogaz Ukrainy from August 1, 2016 will increase the price of gas sold to industrial consumers using advance payments by 9

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Russia: Krasnyi Kotelshchik ships the next batch of equipment for Belarus NPP

The Taganrog Krasnyi Kotelshchik Boilermaker, which is an integral part of Power Machines Company, manufactured and shipped a chamber-type high-pressure heater (PVD-K) for Belarus NPP being constructed

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Ukraine: KCBW delivers 750 wagons to Turkmenistan

Kriukov Car Building Works (KCBW, Poltava region) has completed the delivery of freight cars to Turkmenistan in the framework of a contract for the supply of 750 wagons signed at the beginning of 2016, Deputy Prime Minister, Minister of Regional Development, Construction, Housing and Utilities Services Hennadiy Zubko has said

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Azerbaijan: IBA increases number of payment cards

The International Bank of Azerbaijan (IBA) strengthened its positions on the payment cards market, the number of which reached 1,286,100 on July 1

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Belarus: Indian investments for food park project in Grodno Oblast

Plans have been made to create a food park in Grodno Oblast with assistance of Indian investments. The relevant statement was made by Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich as he visited OAO Agrokombinat Skidelsky

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Russia: designing 110 MW Leader-class icebreaker to take 1.5 years

Designing a 110 MW Leader-class icebreaker will take about a year and a half, Alexei Rakhmanov, President of the United Shipbuilding Corporation (USC), has said

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Uzbekistan: Capstone Turbine Corporation to supply microturbines

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, will supply two C1000 Signature Series microturbines for a flare gas utilization project in Uzbekistan

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Belarus: 1 million tons of grain harvested

Belarusian agrarians have cropped the first million tons of grain, the Agriculture and Food Ministry said. As of July 25, Belarus’ grain harvest exceeded 1

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Kazakhstan: 94 countries to participate in Expo 2017

Ninety four countries have officially confirmed their participation in International Specialized Exhibition EXPO-2017, to be held in Kazakhstan’s capital Astana, the Kazakh National company “Astana EXPO-2017” said on July 25

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Azerbaijan: production and imports of GM grain products banned

Azerbaijan imposed the laws banning production and imports of grain products received from genetically modified organisms (GMOs), according to amendments to the decree “On Grains” signed by the President of Azerbaijan Ilham Aliyev and published on July 22

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Ukraine: wheat qualitative indices to go up

The ratio between milling wheat and feed wheat in the grain production structure for the harvest-2016 in Ukraine is estimated at 55% and 45% respectively, which exceeds the similar indices of 2015, the State Enterprise State Research and Information Center for Monitoring International Commodity Markets (Derzhzovnishinform) declared

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25.07.2016

Ukraine: fish catch up in H1 2016

The State Fishing Agency reports a rise in fish catch in Ukrainian water basins (inland water basins and seas) in January through June by 19

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Kyrgyzstan: illegal turnover on precious metals and stones market to be legalized

The Government of Kyrgyzstan has approved the Concept of development of the jewelry industry of the Kyrgyz Republic until 2018. There are currently about 255 gold deposits in Kyrgyzstan, total reserves of which amount to 2,149 tones

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Azerbaijan: talks on WTO accession held in Geneva

Another round of talks on Azerbaijan’s accession to the World Trade Organization (WTO) started in Geneva, the Azerbaijani Foreign Ministry said

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Ukraine: gas imports to reach 40 mcm per day by late July 2016

In late July Ukraine plans to reach natural gas imports from Europe in the amount of about 40 million cubic meters (mcm) per day, president of PJSC Ukrtransgaz Ihor Prokopiv has said

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Ukraine interested in Chinese investments

Ukraine is interested in strengthening cooperation with China, particularly in attracting Chinese investment and broad access of the Ukrainian goods and technologies to the Chinese market

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Ukraine: 21 million tons of grains harvested

As of July 22, agrarians harvested 21.34 million tons of early grains and pulses throughout the areas of 5.88 million ha, or 61% of the plan (9

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Ukraine: 68.4% of rapeseed harvested

By July 21, Ukrainian farmers had threshed 312.0 thousand ha of rapeseed, which was 68.4% of the plan (456 thousand ha). 805 KMT was harvested with average productivity of 2

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Ukraine: over 1.4 million tons of grains exported

Since the beginning of 2016/2017 MY, and as of July 22, Ukraine exported 1.44 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared

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Ukraine: grain exports from seaports set new record

In the 2015/2016 season Ukrainian seaports set a new grain exports record, surpassing the previous one by nearly 10%. Grain shipments from Ukrainian seaports reached 37

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Ukraine: domestic rapeseed prices continue to go up

Last week an upward tendency was observed on domestic oilseed market. Considerable price growth was seen particularly on rapeseed market. Thus, by the end of the week its average EXW price has grown to 10400 UAH/MT and average CPT price – to 10800 UAH/MT

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Ukraine: Nika-Tera transshipment in H1 2016

In January-June the seaport Nika-Tera (Mykolaiv, part of Group DF) shipped 669.5 thousand tons of grain cargoes, which is nearly 46.94% of the general cargo turnover (1

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Russia: 75 oil and gas fields found on Sakhalin

75 hydrocarbon fields were discovered on the Sakhalin Island, including 13 offshore ones. Almost all fields are located in the northeastern part of the island, the regional Ministry of Natural Resources said

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Russia: Rosneft starts geochemical survey in the Barents Sea

Rosneft has commenced the geochemical survey at its three licensed fields in the Barens Sea: Albanovsky, Varneksky and Zapadno-Prinovozemelsky

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Ukraine: Odessa Port-Side Chemical Plant repeat sale set for October 2016

The Odessa Port-Side Chemical Plant (OPCP) will be put up for sale again in October, presumably at a lower starting price, Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said

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Ukraine: Naftogaz confirms no gas imports in Q2 2016

Naftogaz Ukrainy in April-June did not import natural gas, the press service of the state holding said. The holding confirmed it had resumed gas purchases from European suppliers at the expense of own funds in July

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Moldova: agrometeorological conditions and crops development

During July 11-17, hot weather without precipitation was observed across the territory of the republic. Average weekly air temperature was above the norm by 2

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Russia: grain export prices down

Russian export market was characterized by sufficient supply at the background of limited demand that determines trends of prices. Last week, downward trend in export prices was observed in the Russian grain market

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Ukraine: Kyiv region to build orbital road around capital

Kyiv regional administration intends to present a project to build a big orbital road around Kyiv to investors in late July, Kyiv region governor Maksym Melnychuk has said

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Kazakhstan: 0.6 million tons of grains harvested

According to the regional agricultural departments, as of July 21, Kazakh agrarians harvested grains throughout 276 thousand ha, or 30.3% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Kazakhstan: linseed exports doubled

2009 may be considered as the beginning of active linseed production in Kazakhstan. Since that time Kazakhstan has been increasing linseed exports meeting the consistently high demand for this crop, including from the main importer – the European Union

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Ukraine: H1 2016 mayonnaise output

In June Ukraine produced 8 KMT of mayonnaise against 9.5 KMT in the previous month and 11.2 KMT in June 2015. Thus, since the beginning of 2016 Ukrainian production of mayonnaise totaled 59

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Russia: in July 2016 grain exports to fall

In July, Turkey reduced the import volumes of grains, including grains of Russian origin, but the fall of supplies was not caused by political tensions in the country, the Deputy Director of the strategic management department at Rusagrotrans CJSC, Igor Pavensky declared

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Azerbaijan: wheat imports down in January-May 2016

In January-May the import volumes of wheat to Azerbaijan totaled 556.6 thousand tons, down by 29.4% YoY, the State Statistical Committee of the Republic of Azerbaijan reported

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Ukraine: Health Ministry to agree on treatment by Turkish network of private clinics

The Ministry of Health plans to sign a memorandum with the Lokman Hekim network of private clinics (Turkey) on treatment of Ukrainians abroad in the framework of the relevant state program

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Russia: government stake of Omsk River Port purchased by its Director General

Sergei Sandulov, Director General of Omsk River Port, has been named the winner of the auction on sale of the 25.5% stake of Omsk River Port owned by Russian government

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Russia: coal exports via Rosterminalugol hit 9 million tons milestone in 2016

Throughput of Rosterminalugol in 2016 has reached 9 million tons year-to-date, the company’s press release says. The milestone ton was loaded on July 20

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Russia: grain handling capacity surplus gives ground for exports increase

Active development of Russian grain handling port capacities ensured record high exports in the 2015/2016 season. Current surplus of capacities, as well as projects for grain handling terminals expansion, provide a basis for further growth of grain export capacity

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Russia: artillery units alerted for drills in Trans-Baikal Territory

Artillery units of the integrated combined arms force of Russia’s Eastern Military District stationed in the Trans-Baikal Territory were alerted on Wednesday to march for drills to the Tsugol range, the district spokesman Colonel Alexander Gordeyev said

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Azerbaijan: AZAL and Ural Airlines agree on Gabala-Moscow code-share

Azerbaijan Airlines (AZAL) and Russian Ural Airlines will start operating joint flights on Gabala-Moscow-Gabala route from July 31. According to the code-share agreement, flights of Ural Airlines on this airline will be operated under the codes of both airlines

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Ukraine: Boryspil airport to triple profit in H1 2016

Boryspil International Airport (Kyiv) could triple its net profit in January-June compared to the same period of 2015. Acting Director Yevhen Dykhne gave the information at a press conference at the airport on Thursday

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22.07.2016

Ukraine: Ukrnafta’s debt to state budget up

The debt of PJSC Ukrnafta to the national budget has increased to 15.3 billion UAH (including interest and penalties), the press service of the Ministry of Economic Development and Trade has said

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Russia: Rosatom signs contract with US on Russian nuclear fuel testing

JSC TVEL, the fuel company of Russia’s State Atomic Energy Corporation Rosatom, has signed the first contract on testing Russia’s TVS-Kvadrat nuclear fuel with a US nuclear power plant operator, Rosatom said

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Russia: Su-35 jet dubbed the best jet-age dogfighter ever made

Russia’s Su-35 multirole fighter jet can be touted as the best dogfighter in history, according to military expert Sebastien Roblin. In his article, published by the US magazine National Interest, military expert Sebastien Roblin gave kudos to the Russian Sukhoi Su-35 (Flanker-E) super-maneuverable multirole fighter jet, which he said may be a “deadly adversary” to the F-15, Eurofighter and Rafale

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Russia to resume Burgas – Alexandroupolis oil pipeline project

Burgas-Alexandroupolis oil pipeline project may be resumed in case of difficulties with navigation through the Black Sea straits, Chief Executive Officer of the Russian pipeline operator Nikolai Tokarev said

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Russia: grains and pulses planted throughout 47.2 million ha

According to preliminary data, agricultural households of all categories in Russia (agricultural organizations, farmers, population) planted grain crops and pulses for the harvest-2016 throughout the areas of 47

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Russia: court upholds decision on Louboutin action against perfumery suppliers

The Moscow Ninth Appellation Court upheld the decision under the lawsuit of designer Christian Louboutin against Russian perfumery suppliers

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Russia: inventors create mini-helicopter

Russian inventors from Aeromechanics Company unveil Micron gyrocopter. They’ve created what’s believed to be one of the smallest and lightest helicopters in the world

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Russia: seaports grain handling up in H1 2016

According to the Association of Russian Seaports, in January-June grain handling in ports of the country increased by 29.4% YoY, to 12.1 MMT

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Ukraine: grain yield to exceed the last year index

In the current year the average yield of early grains and pulses in Ukraine will exceed the index of 2015 by 0.4 t/ha, which will completely ensure the domestic demand and export potential, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the updated harvesting data from regions

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Ukraine: grain stocks down

As of July 1, agricultural enterprises (excluding small-scale ones), and grain storage and processing enterprises of Ukraine stocked 7.032 million tons of grains (including 3

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Ukraine: Food and Grain Corporation to buy 3.5 million tons of grain

PJSC State Food and Grain Corporation of Ukraine plans to buy 3.5 million tons of grain of the new harvest, according to the corporation’s press service

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Ukraine to boost railways freight traffic with Poland

Ukrainian Railways (Ukrzaliznytsia) has signed the memorandum with the Center for Steel Industry Supply (Poland) to boost freight traffic across the borders of two countries

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Ukraine: UIA enhances fleet

On July 20, Ukraine International Airlines received the brand new Boeing 737-800 NG aircraft manufactured at Boeing facilities in Seattle, the US

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Ukraine: UkrOboronProm floating dock gets to South Africa

A new modern dock, manufactured by UkrOboronProm Kherson State Plant “Pallada”, arrived to the customer in South Africa. The total contract value amounts to almost 250 million UAH

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Ukraine: Ukrtransgaz signs interconnection agreement with Transgaz S.A.

In order to facilitate cross-border gas flows and provide free and non-discriminatory access to the gas transmission infrastructure, the National Gas Transmission Company Transgaz, Romania, and Natural Gas Transmission System Operator of Ukraine Ukrtransgaz have signed the interconnection agreement for the interconnection point “Isaccea” located at the Ukrainian-Romanian border near Orlovka (on the territory of Ukraine) and near Isaccea (on the territory of Romania)

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Ukraine: newly created Anda Air gets first aircraft

The newly created Ukrainian airline Anda Air, which plans to perform charter flights, has received its first aircraft McDonnell Douglas MD-83

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Ukraine: markets for grain in season 2016/2017

In 2016 Ukrainian farmers may gather one of the richest grain harvests. Amid low world prices and strong competition, the issue of new markets searching becomes highly important

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Russia: technologies like Hyperloop to become national technological initiative priority

New technologies in transport sector such as Hyperloop, will be a priority of Russia’s national technological initiative, presidential aide Igor Levitin said

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Ukraine: India enjoying rapeseed oil

Analysis of rapeseed and its processed products exports shows typical reduction of rapeseed supply to foreign markets in favor of its processed products export shipments – rapeseed meal and rapeseed oil

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Ukraine: NBU gets 255.3 million UAH in H1 2016

In Q2, the National Bank of Ukraine received 163 million UAH from the sale of assets pledged as collateral by insolvent banks against refinancing loans

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Russia: over 12 million tons of cereal crops exported

In January-May, Russia increased cereal crops export volumes by 50.1% YoY, to 12.275 million tons, the Federal State Statistics Service (Rosstat) reported

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Ukraine to produce 60.5 million tons of grains

In 2016/2017 MY the general grain production in Ukraine (excluding the Crimea) will total 60.55 million tons, the balance sheets of NGO “Economic discussion club”, supported by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, informed

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Russia: improved version of Mi-28NM attack helicopter spotted in Moscow

The improved version of Russian Mi-28NM attack helicopter was spotted at Mil Moscow Helicopter Plant. The Russian Helicopters company produced the first prototype of the improved helicopter in 2015

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Ukraine: GE signs memos of cooperation with Antonov State Enterprise and Ukrzaliznytsia

The U.S. General Electric Corporation on July 21, signed letters of cooperation with Ukraine’s Antonov State Enterprise and public joint-stock company Ukrzaliznytsia

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Ukraine: sunflower oil exports to EU up

In the current season, the EU countries still keep the first position in the rating of importers of Ukrainian sunflower oil, overtaking countries of South Asia and the Middle East

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Ukraine: Energoatom denies Khmelnytsky NPP accident

MP Andriy Artemenko (Radical Party) said that on July 16, a serious accident with leakage of nuclear fuel was recorded at Khmelnytsky nuclear power plant (NPP), while the press service of the National Nuclear Generating Company Energoatom denied the information

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Ukraine: court declares Smart-holding’s Kherson shipyard bankrupt

The business court in Kherson region has declared public joint-stock company Kherson Shipyard, part of Smart Maritime Group (SMG) of Vadim Novinsky’s Smart-holding, bankrupt and launched a liquidation procedure

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Russia: Arbitrade successfully represents its client in FOSFA Arbitration

The Arbitrade team has successfully represented a Russian-Latvian group of companies in arbitration under the rules of the Federation of Oils, Seeds and Fats Associations (FOSFA)

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Belarus: over 0.6 million tons of grains harvested

As of July 21, agricultural organizations of Belarus harvested grains and pulses throughout the areas of 192.4 thousand ha, or 8.7% of the planned areas, up by 85 thousand ha YoY

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Ukraine: 10 Dozor-B vehicles transferred to the military

The batch of 10 armored vehicles “Dozor-B” was manufactured and successfully accepted by military representative offices of Kharkiv and Lviv

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21.07.2016

Ukraine: Wizz Air to launch flights from Kyiv to Hannover and Wroclaw in autumn 2016

Wizz Air, the largest low-cost air carrier in Central and Eastern Europe, will launch flights from Kyiv to Hannover (Germany) and Wroclaw (Poland)

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Russia: throughput of port Ust-Luga up in H1 2016

In January-June, the port of Ust-Luga handled 44,864,300 tons of cargo (up by 5% YoY), Baltic Sea Ports Administration said. Transshipment of dry bulk cargo climbed by 5% to 12,497,400 tons

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Uzbekistan: business forum took place in Samarkand

An Uzbek-Chinese Business Forum and Cooperation Exchange with participation of business circles of Uzbekistan and China took place in Samarkand

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Tajikistan: multistory buildings to be built of lack of flat land

The Committee for Architecture and Construction under the government of Tajikistan has supported the proposal of the State Committee for land Management and Geodesy regarding construction of multistory apartment buildings in the regions

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Uzbekistan: UZEX carries out first polypropylene auction

Starting from July 19, for the first time in the history, the Uzbek Commodity Exchange started exchange transactions on the sale of polypropylene

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Uzbekistan: food export contracts signed

Uzbekistan signed 270 contracts on the export of fruit and vegetables valued at $2 billion during the First international fruit and vegetable fair in Tashkent on July 12-16

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Uzbekistan warning Tajikistan of Rogun HPP threat

Uzbekistan called Tajikistan to address the complex problems with the energy supply of the country through the construction of small and medium-sized hydropower plants

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Uzbekistan: trade-economic ties with Korea discussed

On July 19, the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan hosted a meeting with the newly appointed Ambassador Extraordinary and Plenipotentiary of Republic of Korea to Uzbekistan Kwon Yong Woo

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Kazakhstan: emissions abatement project to be implemented

The UNDP and Kazakhstan Government plan to launch an emissions abatement project in 15 cities, according to the Advisor to the UNDP Permanent Representative in Kazakhstan Irina Goryunova

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Ukraine: 18 million tons of grains harvested

As of July 19, agrarians harvested 17.962 million tons of early grains and pulses throughout the areas of 4.991 million ha, or 52% of the plan (9

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Ukraine: Odessa-Brody pipeline oil transit tariffs cut

Ukraine’s Ministry of Infrastructure has approved a 75%-discount for the oil transiting tankers that enter the Yuzhne port, and for the Odessa-Brody oil pipeline

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Ukraine: grain harvest volumes to exceed 60 million tons for the fourth year in a row

In the current year the general grain harvest in Ukraine will exceed 60 million tons, the First Deputy Minister of Agrarian Policy and Food of Ukraine Yaroslav Krasnopolskiy declared

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Ukraine and Romania sign agreement to link gas transmission systems

Ukraine and Romania have signed an agreement to link their gas transmission systems in order to ship gas from Ukraine through Romania to Bulgaria and in the reverse direction, Ukrtransgaz said in a statement

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Azerbaijan: UK oil field servicing company closing office

BJ Services Company Middle East Ltd., a UK oil field servicing company, announced the liquidation of its office in Azerbaijan, the Azerbaijani Taxes Ministry reported

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Tajikistan: the somoni looses 10.5% of its value against the dollar

The national Tajik currency, the somoni, has lost 10.5% of its value against the dollar since the beginning of this year, according to the National Bank of Tajikistan (NBT)

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Russia: throughput of port Primorsk up in H1 2016

In January-June the port of Primorsk handled 32,503,200 tons of cargo (up by 9% YoY). According to the port authority, crude oil transshipment climbed by 11% to 24,953,100 tons

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Tajikistan: Russian companies fail to implement a number of agreements with agrarians

Russian companies that have concluded agreements with Tajik agrarians on purchasing potatoes and onions have failed to fulfill their obligations on those agreements, Tajik Minister of Agriculture Sattor Izatullo said

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Russia: United Grain Company not to be privatized

The issue of privatization of United Grain Company in 2016 is not active, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared

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Russia: Grain Union to cancel the export duties on wheat

Russian Grain Union appealed to the government of Russia to cancel the current export duties on wheat. The reporting proposal appears in the letter of the Union, addressed to the Prime Minister of the Russian Federation Dmitry Medvedev

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Russia: Krasnodar Krai grain exports at 7.4 million tons in H1 2016

During the first 6 months of 2016, the sea ports Yeysk, Kavkaz, Novorossiysk, Taman, Temryuk and Tuapse shipped for exports 474 vessels with grains and its by-products, at the volume of more than 7

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Kazakhstan: online store selling locally made products to be launched

An online store selling only locally made products will be launched in Kazakhstan. Talgat Assylbayev, executive director of the Commodity Producers and Entrepreneurs Association “Made in Kazakhstan”, announced the plans to launch the online store

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Kazakhstan to start producing high-speed locomotives

Kazakhstan’s electric locomotives assembly factory (Elektrovoz Kurastyru Zauyty) will start production of high-speed passenger locomotives in autumn, the press service of Kazakhstan Railways (Kazakhstan Temir Zholy) said

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Kazakhstan: oilseed stocks total 260 thousand tons

As of July 1, the registered carry-over stocks of oilseeds in Kazakhstan totaled 260.465 thousand tons, including 21.298 thousand tons in farming households, the Statistics Committee at the Ministry of National Economy of the Republic of Kazakhstan reported

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Kyrgyzstan: deposits not to be given to investors through auction

“The deposits can not be given to investors through an auction”, member of the Association of Miners and Geologists Kartaybek Mukambetov said at a round table discussion

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Russia: agricultural production up in H1 2016

In January-June the volume of agricultural commodities production in Russia totaled 1.554 trillion RUR in current prices, an increase of 2.6% compared with the same period last year, the Federal State Statistics Service (Rosstat) declared

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Russia: grain exports to break a new record

In 2016/2017 MY, the export volumes of Russian grains will exceed 36.1 million tons, which will become a new historical record for the country, the General Director at LLC ProZerno Vladimir Petrychenko declared

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Georgia and Turkey mull issues of strategic partnership

Georgia and Turkey agreed to support extending the strategic partnership during the first meeting of the Strategic Cooperation Council between the two countries in Ankara, the Georgian government press office said

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Turkmenistan: fuel and energy complex reformed

Turkmen President Gurbanguly Berdimuhamedov made a decision to abolish the country’s Oil and Gas Ministry to further improve the management of the oil and gas sector, the industry and regulate the flow of funds, the Turkmen government said

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Kazakhstan: car manufacturing down in H1 2016

Car manufacturing dropped by 62.2% YoY in Kazakhstan in H1 2016, to 2,980 cars, said the Kazakh Statistics Committee. Minibus production decreased by 23

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Ukraine: new tender to privatize Odessa Port-Side Chemical Plant to be announced

The absence of bids at a tender to sell Odessa Port-Side Chemical Plant (OPCP) does not mean that the plant will not be privatized, Ukrainian Prime Minister Volodymyr Groysman has said, adding that a new tender will be announced

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20.07.2016

Ukraine: only 10% of targeted international aid for road repair used

The World Bank is ready to provide some $1 billion for Ukrainian roads repair, the European Bank for Reconstruction and Development (EBRD) could provide some $700 million, while no more than 10% of the targeted international assistance is used for these purposes in the country, Ukrainian Infrastructure Minister Volodymyr Omelyan has said

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Uzbekistan: Uzpromstroybank issues loans worth 571.2 billion soums

Uzpromstroybank (Uzbek Industrial and Construction Bank) has issued a loan for 571.2 billion soums to small businesses and private entrepreneurships in the first half of 2016

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Uzbekistan: reconstruction of Nukus station to be completed soon

Uzbekistan Temir Yollari is completing works on reconstruction of Nukus railway station, the company said in a statement. The company said that painters and craftsmen were completing constructions works at the station

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Belarus: railway cargo transportation between Belarus and Kaliningrad Oblast up in H1 2016

Railway cargo transportation between Belarus and Russia’s Kaliningrad Oblast went up 7.4% over the same period of 2015 to 4.47 million tons, the press service of Belarusian Railways reported

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Kazakhstan: Nexia R3 presented

GM Uzbekistan presented an automobile Nexia R3 under the brand of Ravon in Kazakhstan. It is worth to mentioning that Nexia R3 is a modified Chevrolet Aveo of the second generation (T250)

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Belarus: output of woodworking enterprises up in Q2 2016

In Q2 2016 Belarusian state-run woodworking enterprises increased their output by 70% in comparison with Q1 2016. Chairman of the Board of the Development Bank of the Republic of Belarus (DBRB) Sergei Rumas made the statement after delivering his report to the head of state on July 18

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Uzbekistan: over 300 state assets sold to private sector

Uzbekistan sold some 305 state assets valued at 116 billion soums and $1.1 million to private sector in the first half of 2016. The investors also undertook obligation to invest 267

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Uzbekistan: $2 billion worth of contracts signed at Fruit and Vegetable Fair

Uzbekistan signed about 270 agreement to export fruit and vegetables valued at over $2 billion during the First International Fruit and Vegetable Fair, held in Tashkent from 12 to 16 July

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Belarus: number of business incubators to double

The number of business incubators will be doubled in Belarus by late 2020, Belarusian Deputy Economy Minister Irina Kostevich said. “We now intend to raise the number of business incubators two times by the end of the five-year term

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Ukraine: Turkey to build subway in Dnipro

Turkey has agreed on a contract for building subway in the city of Dnipro, City Mayor Borys Filatov has said. “Turkish colleagues have brought an agreed contract for subway construction”, Filatov wrote on his Facebook page

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Kyrgyzstan: Toktogul water reservoirs up

Toktogul water reservoir has currently accumulated 15 billion cubic meters of water, which is 4 billion more than in 2015. This was announced today at a meeting of the Republican head office on preparation for the heating season

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Tajikistan: aluminum exports up

Tajikistan has reportedly increased primary aluminum exports. The head of the Customs Service under the Government of Tajikistan, Abdufattoh Ghoib, noted that Tajikistan had exported about 73,500 tons of primary aluminum over the first six months of this year, an increase of 20% YoY

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Ukraine: UIA introduced Business Smart fares

Ukraine International Airlines introduce Business Smart fares and offer early bookers, departing from the cities of Ukraine, to purchase Business Class tickets at attractive prices

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Kyrgyzstan: Mailuu-Suu electric-bulb plant’s staff against its sale to China

The staff of Mailu-Suu electric-bulb plant is against the sale of the company to the Chinese side. The plant is included in the list of objects of the Kyrgyz Ministry of Economy, which will be offered to China for the transfer of production capacity

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