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. According to him, the republican budget received 5.1 billion soms from Russia, 345 million soms from Kazakhstan, 311 million soms from Belarus, and 40.9 million…
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. According to preliminary data, there was a negative GDP growth of 2.3%, which was below last year’s level by 9.1 percent. Nominal GDP amounted to 176 billion soms. The decline…
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 0.7% YoY. KMG EP’s subsidiary Ozenmunaigas (OMG) produced 2.78 million tons, up by 2%, KMG EP’s subsidiary Embamunaigas (EMG) produced 1.41 million tons, also up by 2%…
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. Nuriddin Amankul has been appointed Chief of the representative office. As the press service of the Kazakh Embassy in Turkey said, Ambassador Zhansseit Tuimebayev met with N. Amankul…
Many oil producing companies working in Kazakhstan observed negative financial result in 2015, according to Vice Minister of Energy Asset Magauov. As per an analysis, 36 companies out of 61 had a negative financial result, he noted. As the Vice Minister noted, drill footage dropped from 2,500 running meters to 1,500 running meters in 2015.…
JV MAN Auto Uzbekistan, an Uzbek-German joint venture, will launch production of cabs for supersize MAN trucks in Samarkand region in September. The project on localization of production of cabins is realized in cooperation with MAN Truck&Bus Group (Germany). The capacities of JV MAN Auto Uzbekistan on production of cabins for MAN trucks will be…
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 $35.8 million. Dal Teknik Makina Ticaret ve Sanayi A.S. (Turkey) participated in the project implementation. It was financed through resources of the Fund for reconstruction and development of Uzbekistan in…