The Parliament Committee on Fuel, Energy Complex and Subsoil Use approved a loan of $31 million for the reconstruction and modernization of the heating networks of Bishkekteploset JSC. As the deputy chairman of the State Committee of Industry, Energy and Subsoil Use, Kuban Myrzakanov noted, 75% of the heating pipes had served a regulatory lifetime.…
The international rating agency StandaS&P Global Ratings has affirmed its ‘D/D’ long- and short-term issuer credit ratings on Kazakhstan-based Delta Bank, the rating agency said in a message. At the same time, the agency affirmed the ‘D’ Kazakhstan national scale rating. S&P also affirmed its ‘D’ issue-level ratings on its senior unsecured bonds. “The affirmation…
Ukrainian Prime Minister Volodymyr Groysman has discussed the establishment of production in Ukraine with Skoda Auto Board Chairman Bernhard Maier. The press service of the Ukrainian government reported on April 4, that Skoda Auto in cooperation with its local partner – Eurocar – had been manufacturing a wide range of Skoda cars since 2002. “Now…
Germany’s KfW bank will provide UAH 300 million to Ukraine to support financing of small and medium-sized enterprises (SME). According to a press release of the German-Ukrainian fund (GUF), the agreement was signed by the National Bank of Ukraine (NBU), Finance Ministry of Ukraine and KfW in Kyiv on April 4. Deputy Head of GUF…