There were 36 banks in Ukraine as of April 1 that needed boosting their charter capital by July 11, to the required minimum set of UAH 200 million, or $7.55 million, according to the National Bank of Ukraine (NBU). The list of banks with charter capital worth less than UAH 200 million includes Motor-Bank, Zemelny…
Production of motor vehicles in Ukraine rose by 91.8% YoY in January-April, to 2,064 units, according to the Ukravtoprom Association. In particular, production of passenger cars grew by 107.5%, to 1,700 units, while the output of commercial vehicles shrank by 38.8%, to 153 units. At the same time, the number of buses produced over the…
Issues related to economic cooperation between Tajikistan and China were discussed at a meeting of Tajik Deputy Prime Minister Azim Ibrohim with visiting Chairman of the Foreign Affairs Committee of the Chinese People’s Political Consultative Conference (CPPCC) Pan Yunhe. In the course of the talks, Ibrohim noted that Tajikistan supported Chinese leader’s initiative regarding new…
A three-day meeting of the Regional Working Group including representatives from Tajikistan, Uzbekistan and Kyrgyzstan kicked off in the Tajik northern city of Khujand on May 16. According to the European Delegation to Tajikistan, the regional meeting has the goal to develop the Explanatory Brochure in accordance with the UNECE Standard DDP-15 concerning marketing and…
Peugeot Citroen and JSC Uzavtosanoat entered into agreement to establish a joint venture – Uzbekistan Peugeot Citroen Automotive. This partnership is aimed at building a production plant in Jizzakh SIZ. The plant will specialize in the production of full industrial cycle of light commercial vehicles under the brands “Peugeot” and “Citroen”, intended for transportation of…
Ukraine has imposed sanctions against state-owned Crimea-based agricultural companies and vineyards in line with decree No. 133 dated May 15 signed by Ukrainian President Petro Poroshenko. According to a supplement to the decree, state companies that have re-registered under Russian law are subject to sanctions, including: Sevastopol Winery, the Crimean Agricultural Institute and its research…
State-controlled PrivatBank (Kyiv) is calling a meeting of holders of eurobonds worth $175 million with maturity on February 28, 2018 and $200 million with maturity on January 23, 2018 for June 5, UK SPV Credit Finance plc (UK), the issuer of the securities, reported on the London Stock Exchange (LSE). The agenda of the meeting…