Kazakhstan: GAZ signs memo to assemble cars

Car producer GAZ Group has signed several memorandums with Kazakhstan’s Semipalatinsky car assembling plant (SemAZ) to organize local assembly of its vehicles, the Russian company said in a statement. “The supply of car kits for mass production of GAZelle Next, GAZon Next and GAZelle Business, and heavy-duty equipment Ural Next, small, medium and heavy-duty buses…

Ukraine: IMF forecasts GDP growth in 2017

The International Monetary Fund (IMF) forecasts Ukraine’s GDP at the level of 2.5% in 2017, according to the IMF’s World Economic Outlook. In particular, according to the table with data on CIS countries, Ukraine’s real GDP totaled minus 9.9% in 2015, while in 2016 it is estimated at 1.5%, and is projected at 2.5% in…