PJSC Ukrzaliznytsia and U.S. company General Electric Transportation signed a framework agreement on modernization and production of locomotives. The signing ceremony took place in the presence of Ukrainian President Petro Poroshenko and U.S. Ambassador to Ukraine Marie Yovanovitch. The agreement, in particular, provides for the modernization of a locomotive fleet and the construction of new…
The Belarusian-Chinese car factory BelGee is expected to increase quarterly sales up to 8,000 cars by the end of the year, Belarus’ Deputy Prime Minister Vladimir Semashko declared. “The plant is fully operational. We need to focus on sales and maintenance services. On March 28 I am to meet with the Geely president, dealers and…
Azerbaijan’s Rabitabank has increased authorized capital by 12.8 million mantas, to 101.3 million manats, the bank said in a message. The bank’s authorized capital was increased at the expense of existing shareholders. The aggregate capital of the bank reached 104.6 million manats. The main goal of increasing the bank’s capital is to strengthen stability of…
Coca-Cola company in Uzbekistan decided to restore production of “FuseTea”, thus increasing production in the country. General director of Coca-Cola Bottlers Uzbekistan Ltd. (known as Coca-Cola Ichimligi Uzbekiston) Fahriddin Normatov said that the company planned to launch production of new types of products, including the FuseTea brand, this year. FruitTea has disappeared from the shelves…
The Slovak company Nafta intends to take part in the development of Yuzivska deposit (Kharkiv and Donetsk regions), the press service of the Association of Gas Producers of Ukraine has said, with reference to the head of the Nafta exploration and production department, Jozef Levoca. “The representatives of Nafta at a meeting with the association…
Mustard production by large and medium-sized fat-and-oil plants in December 2017 rose to a near-record volume of 1083 MT, up by 10.7% MoM (978 MT) and by 3.5% YoY (1046 MT). Total mustard output in 2017 exceeded 8 KMT reaching 8.8 KMT, up by 14.1% YoY (7.7 KMT). Domestic mustard processing has been increasing for…
In 2017 Azerbaijan imported rice at the sum of $36 million, declared the Minister of Agriculture of Azerbaijan, Heydar Asadov. According to the announcement, last year agrarians of Azerbaijan harvested 15.9 thousand tons of rice throughout the areas of 5.1 thousand ha, with the average yield at 3.11 ton/ha. The annual demand for rice in…