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…
Kyrgyzstan will be able to negotiate directly with Russian defense enterprises on the supply of arms, the presidential aide on the military-technical cooperation Vladimir Kozhin said. According to him, both countries plan to sign an agreement on the development of military-technical cooperation within the framework of the Collective Security Treaty Organization (CSTO). Russia has already…
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…
Vegoil output in Belarus shrank to 5.7 KMT in January against 11 KMT in December 2016. It is also down by 32.3% (or by 2.72 KMT) YoY. According to the National Statistics Committee of the Republic of Belarus, a total 119.3 KMT of vegoil was produced in 2016. Vegoil inventories totaled 5.4 KMT as of…
In January-February the grain terminal JSC Ak Biday Terminal, the subsidiary company of National Company Food Contract Corporation JSC, exported 101.4 thousand tons of grains through its grain terminal in the Aktau port, the press-service of Food Contract Corporation reported. According to the announcement, in the same period of 2016 the shipped volumes totaled over…
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…
The State Privatization, Demonopolization, and Competition Development Committee met with the representatives of Germany’s Foreign Ministry to discuss cooperation. The committee has closely worked together with German experts, including Finance Ministry, since 2009, pushing off the Memorandum of Understanding in Privatization and State Property Control. German support helped introduce the Corporate Governance Code in 2016,…