Ukraine: Ukrzaliznytsia to buy 9,000 new freight cars in 2017

In 2017PJSC Ukrzaliznytsia intends to purchase 9,000 new freight wagons, Prime Minister of Ukraine Volodymyr Groysman has said. “We are approving a serious program of Ukrzaliznytsia modernization

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Turkmenistan to host Energy Charter Conference in 2017

Ashgabat will host the next session of the Energy Charter Conference in 2017. The Turkmen capital is becoming an international discussion platform, which addresses the most important issues of development of the global energy resources market, development and introduction of the latest technologies, and the ways of development of oil and gas industry

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Turkmenistan sees Germany among its leading partners

Turkmenistan sees Germany as one of its leading partners, Turkmen President Gurbanguly Berdimuhamedov said in his message to participants of the Turkmen-German business forum

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Ukraine: Poroshenko signs law on lifting administrative barriers to export of services

Ukrainian President Petro Poroshenko has signed the law on amendments to certain legislative acts of Ukraine on elimination of administrative barriers to exports of services, adopted by the Verkhovna Rada on November 3

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Ukraine: October 2016 sees first-ever exports of rapeseed oil to France

10.4 KMT of rapeseed oil was shipped to foreign markets in October against 15.4 KMT in September and 16.4 KMT in October 2015. In total 41.7 KMT was supplied to foreign market in the first four months of 2016/2017 (July-October), down by 63

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Moldova: average salary up in Chisinau in September 2016

In September the average salary in the municipality of Chisinau amounted to MDL 6,084.6, 17.7% more than the average salary in Moldova. According to the National Bureau of Statistics, it grew by 8

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Moldova: housing price in Chisinau unchanged in November 2016

In November against October the average market price for 1 square meter of apartments in Chisinau stayed unchanged at EUR 52. Against last November, it reduced by EUR 17

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Kazakhstan: wheat exports up in July-October 2016

According to the official customs figures, in July-October the exports of Kazakh wheat increased by 22% YoY and totaled 1.1 million tons. Uzbekistan became the largest country-importer of Kazakh wheat and purchased nearly 50% of the reporting grain volumes

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Kazakhstan to become a producer of organic products for the entire world

Kazakhstan can become a country-producer of organic products for the entire world, the President of Kazakhstan Nursultan Nazarbayev declared

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Moldova: investments down in January-September 2016

In January-September investments in long-term tangible assets in Moldova decreased by 17.6% to MDL 9 billion 830.2 million. According to the National Bureau of Statistics, the investments in equipment and machinery were MDL 3 billion 684

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Turkey: Honeywell to provide TANAP with integrated safety system

The Trans-Anatolian Natural Gas Pipeline (TANAP) will be provided with an integrated control and safety system by Honeywell Process Solutions (HPS), reads a message on the company’s website

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Greece: talks with SOCAR on Desfa sale fall apart

The deal for the sale of 66% stake in Greek gas grid operator DESFA eventually did not go through, according to the statement from the Greek energy ministry

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Ukraine: first imports of liquefied gas from Azerbaijan

Ukraine has imported 740 tons of propane-butane mixture (LPG) from Azerbaijan in the beginning of the third decade of November, according to UPECO consulting company

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Kyrgyzstan: debts to China the worst

The Kyrgyz government predicts the budget deficit for 2017 in the amount of 23.3 billion soms. The vast majority of it are credits got in over the years of independence

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Moldova: Chisinau hosts Moldo-Indian business forum in pharmaceutical field

About 60 pharmaceutical companies in Moldova and India participate in a business forum in pharmaceutical field. Following this meeting, the countries will sign cooperation agreements

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Bulgaria: wheat prices strengthen

Purchase prices for grains continued strengthening on Bulgaria’s domestic market last week. The Bulgarian national currency strengthened against the U

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Azerbaijan: BP to suspend gas output at Shah Deniz platform in 2017

BP Azerbaijan company plans to suspend gas output at the Shah Deniz platform in 2017 due to technical-preventive, repair and adjustment work at the Sangachal terminal, Bakhtiyar Aslanbayli, communications, external affairs, strategy & region vice president at BP Azerbaijan, reported

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Azerbaijan: BP and SOCAR mull oil production for 2017

BP and the Azerbaijani state oil company SOCAR are discussing the plans on oil production at the Azeri-Chirag-Guneshli (ACG) block of oil and gas fields for 2017, Bakhtiyar Aslanbayli, BP vice president for communications, external affairs, strategy and region, reported

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Azerbaijan to start accepting investor applications for FTZ

Azerbaijan will start accepting applications from investors wishing to work in its free trade zone (FTZ) in March 2017, Eugene Seah, chief operating officer of the Baku International Sea Trade Port, said

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Ukraine: corn stocks down

According to the information of the State Statistics Service, Ukraine’s reserves of grains and pulses totaled 27.11 MMT as of November 1, down by 12% YoY (31

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Azerbaijan to take part in OPEC’s December 2016 meeting

Azerbaijan’s Energy Minister Natig Aliyev could participate in OPEC’s December 9 meeting with non-OPEC countries, Energy Ministry has said in a message

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Belarus joins IMO

The Republic of Belarus has become the latest member of IMO, following the deposit of an instrument of acceptance of the Convention on the International Maritime Organization with the Secretary-General of the United Nations on November 29, says IMO

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Ukraine versus Argentina and Brazil on the corn export market

In 2015/2016, corn exports from Ukraine were down by 11.4% YoY, at 16.76 MMT. The corn harvest decrease was the main factor that slashed deliveries to all the key destinations except for the EU – on the contrary, Ukraine managed to boost exports to Europe by 44

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