Lifan 820 Premium car, produced at the Nakhchivan automobile plant (NAZ), was presented in Baku on November 20. “NAZ presents new Lifan models to the customers every year”, Polad Sadikhov, deputy director of the plant, reported. “This is the newest premium car produced at the plant”, he added. “The car with a 2.4-liter engine, six-speed…
Sunmeal exports from Ukraine totaled 142.0 KMT in September against 85 KMT in August and 139 KMT in September 2015. Analysts expect Ukraine’s overall 2016/2017 sunmeal export to reach at least 4400 KMT. The range of export destinations did not change substantially in September. As before, the top buyers of Ukrainian sunmeal are European countries…
Iran’s Minister of Communications and Information Technology Mahmoud Vaezi will visit Azerbaijan, Shahin Mustafayev, Azerbaijani minister of economy, said. Mustafayev made remarks at the meeting with Iranian ambassador to Azerbaijan Javad Jahangirzadeh. “The issues of mutual interest will be discussed during the visit”, the minister said. Mustafayev and Jahangirzadeh also discussed the issues to be…
Ukraine’s Infrastructure Ministry has announced the start of the infrastructure projects contest. “The Infrastructure Ministry with the help of the reform support group has announced the start of the infrastructure projects contest. This means that any region, city, town or rural community could submit an application to look for an investor to implement projects in…
According to the November balance sheets by NGO “Economic discussion club”, coordinated by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, in September-October of 2016/2017 MY the export volumes of sunflower oil from Ukraine totaled 706 thousand tons. The general export volumes of sunflower oil in the current season are forecast…
The program of the International Monetary Fund (IMF) provides not only cash, but is also aimed at increasing the economy’s sustainability in Ukraine. Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Solohub explained that this is why tapping international financial markets should not be a replacement for the IMF’s reform program, although “in…
Industrial Milk Company (IMC) saw a 17.1% YoY fall in net profit in January-September 2016, to $16.69 million. According to a company report on the Warsaw Stock Exchange (WSE), its revenue fell by 19.9%, to $80.25 million. Taking into account the published data for H1 2016, the company saw $2.07 million of net loss in…