Seventy-one state facilities were put up for privatization in Azerbaijan, the country’s State Committee for Property Affairs said. Of them, 31 are joint stock companies operating in various sectors of economy, two are non-residential areas, 10 are means of transport, and 28 are other state properties and facilities. Total value of shares of the enterprises…
GM Uzbekistan, an Uzbek-US joint venture, presented its automobile brand Ravon in Ukraine, the press service of the company said. GM Uzbekistan started to sell its automobiles under Ravon brand in external markets in 2016. The company also works on expanding dealers’ network in the CIS states. During the presentation, the company presented automobiles Matiz,…
On August 15, the National Bank for foreign economic activity of the Republic of Uzbekistan held a press conference. It was attended by representatives of the media, members of the NBU and representatives of the Fund for support of export of small business and private entrepreneurship. Particular attention at the meeting was paid to the…
The Asian Development Bank (ADB) has allocated more than half of the funds’ volume within the framework of a grant worth $800,000 for operational preparation of an investment program of electricity distribution development in Azerbaijan, the ADB said in a statement posted on its website. ADB has provided Azerbaijan with $455,280 since the beginning of…
Belarus’ proceeds from exports of petroleum products to Poland grew 2.19 times YoY in January-June to $111.3 million, a source in the profile ministry reported. Belarus exported to Poland 326,339 tons of petroleum products in January-June, up 4.26 times YoY. Belarus exported 151,080 tons of petroleum products in 2015 (up 2.57 times YoY) worth $76.4…
Ukraine’s real gross domestic product (GDP) in the second quarter of 2016 increased by 1.3% YoY, whereas in the first quarter of this year the figure was a mere 0.1%, the State Statistics Service has said. According to live data, Ukraine’s GDP in the second quarter of 2016, taking into account the seasonal factor, rose…
In January-July Port Vysotsky LLC handled 3,456,531.237 tons of cargo (up by 15.2% YoY), the stevedore’s press center says. In July the company exported 455,932.452 tons of coal. Port of Vysotsk is located in the Leningrad region of Russia. There are two stevedoring company operating at the port: Port Vysotsky LLC and RPK-Vysotsk-LUKOIL-II LLC. In…