Persha Pryvatna Brovarnia, a large brewery in Ukraine, has received a license form Heineken Concern to produce Czech beer Krusovice and will start its production in early June. “This year we received a license from Heineken Concern to produce Krusovice and in a month will start producing this famous Czech beer,” the co-owner of Persha…
UBC Group (Kharkiv), a commercial and industrial holding working in the field of refrigeration appliances, will launch the first stage of a refrigerator plant in Vinnytsia in autumn. “We now have a problem with production capacities. We need new production capacities to increase the market share in Western Europe and America. And we are building…
According to forecasts of the UN Food and Agriculture Organization (FAO), in the following season (June-July) Tajikistan will import 1 million tons of wheat, which is below the annual average level for the country. In February-March the weather conditions in the agricultural regions of Tajikistan were favorable for development of winter crops. Precipitation was higher…
The Aga Khan Fund for Economic Development (AKFED) has added another telecoms operator to its portfolio by buying Telia Company’s 60% stake in Tajikistan operator Tcell. AKFED already owned the other 40% and is reportedly paying just $27.7 million for the rest. AKFED owns Afghanistan’s Roshan mobile operator, which in turn also owns Smart Telecom,…
The Belarusian government expects real revenues of the population to rise, Prime Minister of Belarus Andrei Kobyakov declared. According to the head of government, real salaries in Belarus rose by 1% in Q1 (by 0.5% in January-February). According to statistics, in March the average salary was slightly above Br770. “Salaries are on the rise. The…
In 2017, the amount of investment income made 51.5 billion tenge, according to CEO of the JSC Unified Accumulative Pension Fund Nurbubi Nauryzbayeva. In her words, in the first quarter of 2017, pension assets increased by 153 billion tenge and comprised 6 trillion tenge as of April 1. 98% of all the retirement savings was…
Diamantbank (Kyiv) that was declared insolvent on April 25, reported that the bank saw profit in January-March after four quarters of seeing losses. According to a bank report, it saw UAH 1.7 million of net profit in January-March, while a year ago its net loss was UAH 287.404 million. Net interest income over the period…