Kyrgyzstan: Bishkek-Tashkent bus route resumed

Bishkek-Tashkent bus route via the previously existing route was resumed before the approval of a new timetable from February 1, the Ministry of Transport and Roads reported. The Ministry of Transport of Kyrgyzstan has negotiated the issue on the transit through the territory of Kazakhstan of Bishkek-Tashkent bus with the Ministry of Infrastructure and Development…

Ukraine: DTEK not considered monopolist

Head of the Antimonopoly Committee of Ukraine (AMCU) Yuriy Terentyev says the committee does not consider Ukraine’s largest private energy holding DTEK – controlled by businessman Rinat Akhmetov – to be a monopolist on the electricity market. “The mere fact of having a significant market share is not enough. The electricity market is now regulated,…

Kyrgyzstan: Rosinbank authorized capital doubled

The National Bank of Kyrgyzstan recapitalized Rosinbank and doubled its authorized capital, official website of the National Bank of the Kyrgyz Republic reported. Following the capitalization, the authorized capital of Rosinbank OJSC was increased by more than 700 million soms and brought to 1,498.7 billion soms. “The National Bank conducted financial recovery measures for Rosinbank,…

Azerbaijan: trade with Germany up in 2018

In 2018, the trade turnover between Azerbaijan and Germany increased by 61% YoY, Azerbaijani Deputy Economy Minister Rufat Mammadov said at the eighth meeting of the Azerbaijani-German high-level working group in Baku. The deputy minister noted that relations between the two countries were developing positively. Mammadov noted that Azerbaijan’s share among Germany’s partners in the…