The Russian government has announced the criteria for purchasing private shares of state-owned oil company Rosneft. The government is selling 19.5% of Rosneft’s total shares, and hopes to make at least 700 billion rubles ($11 billion). This is part of Russia’s largest privatization scheme since the 1990s, with the Russian government reluctantly selling assets during…
Gross domestic product (GDP) of Uzbekistan grew by 7.8% in January-June, the session of the Cabinet of Ministers said on July 15. Industrial production in Uzbekistan rose by 6.7% in the first half of 2016, agriculture output by 6.8%, services by 12.9% and construction works by 17.5%. State budget was executed with 0.1% surplus to…
Uzbekistan is planning to increase total volume of cold storages, used for storing fruit and vegetables, up to 1 million tons by the end of 2020, chairperson of the board of Uzbekoziqovqatholding Odilhon Rustamov said. He noted that currently there are more than 1,300 cold storages in Uzbekistan with a total capacity of simultaneous storage…
Ukraine has increased its daily order for the import of natural gas from Slovakia 4.3 times, from 2.048 million cubic meters to 8.796 million cubic meters, the Slovak gas transmission system operator Eustream reported. On July 1-14, import of gas through Slovakia made 0.5 million cubic meters, and on July 15 it was 2.06 million…
Effective July 15, Ukraine International Airlines increase flight frequency between Kiev and Yerevan and offer passengers to take advantage of double-daily non-stop scheduled services. The Kiev – Yerevan – Kiev flights are operated on modern Boeing 737 aircraft with two cabin classes – Business Class and Economy Class. “In 2016, UIA focuses on increasing flight…
All three MAZ-SPORTauto trucks crossed the finish line of the sixth leg of the 2016 Silk Way Rally in the top ten, MAZ-Sport Auto Team reported. For the sixth stage, the organizers prepared a wide variety of terrain with off-track, sandy tracks, small dunes, and vegetation. Initially, the racers were to cover a total of…
Over the first six months of this year, Tajikistan has produced more than 500,000 tons of coal, up by 177,000 tons YoY, according to the Ministry of Energy and New Technologies (MoINT). An official source at a MoINT says Tajikistan is currently producing up to 7,000 tons of coal per day. Last year, Tajikistan reportedly…