First Ukrainian International Bank (FUIB) finished 2016 with a net profit of 367 million UAH. At the same time, bank’s operating profit amounted to 1.8 billion UAH. The bank reduced allocations to reserves more than 3.5-fold, from 4.8 billion UAH in 2015 to 1.3 billion UAH in 2016. According to the results of 2016, FUIB’s…
The share of tractors made by the Belarusian company MTZ in the total number of tractors in use in Russia is close to 85%, according to the MTZ site. Belarusian tractors remain leaders on the markets of Russia and Kazakhstan. It was confirmed by the figures voiced by representatives of MTZ trading houses during a…
The 5th session of the Subcommittee on Trade and Economic Cooperation of the Uzbek-Chinese Intergovernmental Cooperation Committee took place in Tashkent. The meeting was chaired by the Vice Minister of Commerce of China Fang Aiqing and Minister of Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan Elyor Ganiev. The session also involved…
Bishkek’s Heating and Power Plant will burn more coal after its modernization, the State Committee of Industry, Energy and Subsoil Use informed in the report on the results of the heating season. Kyrgyzstan’s power engineers are already preparing a draft resolution for preparation for the heating season-2017/2018. In total in the republic it is necessary…
Kyrgyzstan will be able to negotiate directly with Russian defense enterprises on the supply of arms, the presidential aide on the military-technical cooperation Vladimir Kozhin said. According to him, both countries plan to sign an agreement on the development of military-technical cooperation within the framework of the Collective Security Treaty Organization (CSTO). Russia has already…
Turkmenistan’s President Gurbanguly Berdimuhamedov at a meeting of the Cabinet of Ministers recalled that he had earlier given instructions concerning the development of local airlines, the Turkmen government said in a message. He expressed dissatisfaction with the management of Turkmenistan Airlines in meeting the needs of the country’s population in air transportation and noted that…
Vegoil output in Belarus shrank to 5.7 KMT in January against 11 KMT in December 2016. It is also down by 32.3% (or by 2.72 KMT) YoY. According to the National Statistics Committee of the Republic of Belarus, a total 119.3 KMT of vegoil was produced in 2016. Vegoil inventories totaled 5.4 KMT as of…