Kyrgyzstan: Bishkek HPP to burn more coal

Bishkek’s Heating and Power Plant will burn more coal after its modernization, the State Committee of Industry, Energy and Subsoil Use informed in the report on the results of the heating season. Kyrgyzstan’s power engineers are already preparing a draft resolution for preparation for the heating season-2017/2018. In total in the republic it is necessary…

Turkmenistan: president dissatisfied with local airlines’ development

Turkmenistan’s President Gurbanguly Berdimuhamedov at a meeting of the Cabinet of Ministers recalled that he had earlier given instructions concerning the development of local airlines, the Turkmen government said in a message. He expressed dissatisfaction with the management of Turkmenistan Airlines in meeting the needs of the country’s population in air transportation and noted that…

Russia: TogliattiAzot 2016 RAS net profit down

The net profit of Russian chemicals company TogliattiAzot dropped by about 94%, to 1.283 billion rubles in 2016, as calculated under Russian Accounting Standards (RAS), the company said in a statement. Revenue declined by 30%, to 44.35 billion rubles. Sales profit went down by 73%, to 7.34 billion rubles and pretax profit fell by about…