Uzpromstroybank (Uzbek Industrial and Construction Bank) has issued a loan for 571.2 billion soums to small businesses and private entrepreneurships in the first half of 2016. According to the press service of the bank, businesswomen received loans for 45.2 billion soums in the reporting period. Uzpromstroybank said that it issued loans for 99.2 billion soums…
Uzbekistan Temir Yollari is completing works on reconstruction of Nukus railway station, the company said in a statement. The company said that painters and craftsmen were completing constructions works at the station. New station will have all necessary conditions for passengers. Ticket office, room for children and kitchen were constructed. The station is equipped with…
Railway cargo transportation between Belarus and Russia’s Kaliningrad Oblast went up 7.4% over the same period of 2015 to 4.47 million tons, the press service of Belarusian Railways reported. The railway export of Belarusian cargoes to Kaliningrad Oblast made up 319,800 tons (up by 48.5% YoY). The transit of cargoes exceeded 4 million tons (up…
GM Uzbekistan presented an automobile Nexia R3 under the brand of Ravon in Kazakhstan. It is worth to mentioning that Nexia R3 is a modified Chevrolet Aveo of the second generation (T250). Nexia R3 is equipped with a gasoline engine with a volume of 1.5 liters. The power unit is paired with a five-speed manual…
In Q2 2016 Belarusian state-run woodworking enterprises increased their output by 70% in comparison with Q1 2016. Chairman of the Board of the Development Bank of the Republic of Belarus (DBRB) Sergei Rumas made the statement after delivering his report to the head of state on July 18. He reminded that the Development Bank took…
Uzbekistan signed about 270 agreement to export fruit and vegetables valued at over $2 billion during the First International Fruit and Vegetable Fair, held in Tashkent from 12 to 16 July. The agreements to export fruit and vegetable were signed with representatives of over 30 countries, including Russia, USA, China, Great Britain, Germany, UAE, Japan,…
Uzbekistan sold some 305 state assets valued at 116 billion soums and $1.1 million to private sector in the first half of 2016. The investors also undertook obligation to invest 267.5 billion and $150,000, as well as create over 5,600 new jobs, State Competition Committee said. During the reporting period, investment obligations on 42 agreements…