Kazakhstan: Astana’s first direct connection to Milan to be launched in 2018

Non-stop service from Astana to Milan will be launched in 2018, Kazakhstan’s Civil Aviation Committee reported. Within the framework of ICAN-2017 Kazakh delegation led by Chairman of the Civil Aviation Committee, Talgat Lustayev held talks with the aviation authorities of Austria, Australia, Azerbaijan, Great Britain, Hong Kong, India, Italy, Qatar, Kuwait, Sri Lanka, as well…

Kyrgyzstan: state debt down in October 2017

As a result of October Kyrgyzstan’s state debt declined by $9.05 million, the Ministry of Finance reported. As of October 31, the size of the state debt (external + internal) comprised $4,357.5 billion, or 299,447.12 billion soms. External debt – $3,958.23 billion (272,9.57 billion soms), internal – $399.27 million (27,437.55 billion soms). Kyrgyzstan owes the…

Azerbaijan: GDP to grow in 2018

The UN predicts an increase in Azerbaijan’s GDP by 1.8% in 2018, according to the “World Economic Situation and Prospects-2018” (WESP) report prepared by the UN Department of Economic and Social Affairs. According to the report, Azerbaijan’s GDP will decrease by 1% in 2017 and will grow by 2.3% in 2019. The restoration of the…

Ukraine: Interchem launches new complex for API production

Interchem pharmaceutical company (Odessa) has launched a new laboratory and production complex for production of active pharmaceutical ingredients (API) in Odessa. Interchem CEO Anatoliy Reder said during the celebrations dedicated to the company’s 25th anniversary, the launch of the new API production complex was the final stage of the investment program worth EUR50 million, being…

Ukraine: vehicle production up in January-November 2017

In January-November the output of motor vehicles in Ukraine amounted to 7,654 units, up by 67% YoY, the Ukrainian Motor Vehicle Manufacturers Association (UkrAutoProm) reported. “A total of 7,654 motor vehicles were produced in Ukraine in January-November. In particular: the output of cars totaled 6,544 units (+72.2%), commercial vehicles – 423 units (-22.7%), buses –…