Business World Magazine: четверг, июля 21, 2016

Business World Magazine

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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