Ukraine: Energy Ministry asking IFIs to support corporate management reform at Ukrenergo

Ukraine’s Energy and Coal Industry Ministry has asked international financial institutions (IFIs) to help reform corporate management at national energy company Ukrenergo, the ministry has reported on its website. “Minister Ihor Nasalyk asked leading IFIs (EBRD, EIB, World Bank) to support changes in the Ukrainian systemic operator Ukrenergo in line with common international standards,” the…

Uzbekistan: new bank to be created

Uzagroexportbank, a joint stock commercial bank, will be created in Uzbekistan to support manufacturers and exporters in the agricultural sector, according to the decree of the Uzbek President Shavkat Mirziyoyev. The founders of the newly established bank with an initial registered capital of 10 million euros will include the Fund of the Reconstruction and Development…

Your advertisement under each post on Business World Magazine site

Dear Sirs !
You can put your ad under each post on Business World Magazine (BWM) website – https://smiraponitke.com/ (one line of your ad with one active hyperlink). For more information, please, visit http://www.business.dp.ua/me/metalasite.htm.
Regards, BWM.

Kyrgyzstan: recession overcome

The Kyrgyz government believes that the main result of 2016 was the overcoming of the deep recession of the national economy and the preservation of positive dynamics of economic growth, Minister of Economy of Kyrgyzstan Arzybek Kozhoshev said at a Cabinet meeting. According to him, from the beginning of the year, the economy showed a…

Kyrgyzstan: capital outflow continues

Outflow of capital in January-September 2016 reached $161.3 million, the Minister of Economy Arzybek Kozhoshev said at a government meeting. According to him, economic decline and inflation in the countries – main trade partners (Russia, Belarus and Kazakhstan), were among the negative factors that affected the economy of Kyrgyzstan in 2016. In particular, inflation in…

Ukraine: Ukroboronprom boosts arms exports in 2016

Exports of arms and dual- and special-purpose products by state-run Ukroboronprom Concern in 2016 grew by 25% YoY, to $756 million. These figures were announced by Ukroboronprom Deputy Director Denys Hurak at a forum on cooperation between the defense industry and small and medium-sized businesses. The concern’s state-run enterprises concluded contracts on arms exports last…

Ukraine: Turkish Airlines to add three more Kherson-Istanbul flights to summer 2017 schedule

Turkish Airlines will add three more flights on the Istanbul-Kherson route to the summer schedule totaling 10 flights per week. From March 26, flights between Kherson (Ukraine) and Istanbul (Turkey) will be operated in the morning and in the evening. Morning flights will be operated on Mondays, Tuesdays, Wednesdays, Thursdays, Saturdays and Sundays with departure…

Uzbekistan: exporters contract for $55.6 million on Green Week

Uzbek exporters and regional and district khokims continue negotiations on exports to foreign countries, including European states, at Green Week, an international agricultural exhibition. On the fourth day, exporters met representatives of Central Investments Worldwide L.P. and Better International Trade (UK), GIZ (Germany), Avietes (Lithuania), Befresh (Israel), Greenfield Agro and Shri Niwas Dall & Besan…

Uzbekistan: airways to launch new flights

Uzbekistan Airways announced it planned to launch flights to Dushanbe (Tajikistan) and Lahore (Pakistan) in 2017. The company is also working on flights to Mumbai (India) and Guangzhou (China). Director-General Valeriy Tyan said Uzbekistan Airways bought 4 more Boeing 787 Dreamliners and went ahead with Tashkent 4, a new passenger terminal expected to serve 1,500…