Uzbekistan: Eriell GmbH buys 51% of Uzbekneftegaz’s subsidiary’s shares

Austrian Eriell GmbH has acquired controlling stake of Sarbon-Neftegaz JSC, the transportation division of Uzbekneftegaz National Holding Company, Tashkent Republican Stock Exchange said in a message. The Austrian company acquired 561,930 shares at $6.04 per share. A package of shares was purchased at $3.394 million from Uzgeoburneftegaz – subsidiary of the holding, Uzbekneftegaz said. Sarbon-Neftegaz…

Kazakhstan: Russia to supply attack helicopters

Russian Helicopters Holding will supply four Mi-35M attack helicopters to Kazakh Defense Ministry in 2018, the holding reported. The supply contract was signed within the implementation of the Treaty on military-technical cooperation between Russia and Kazakhstan and envisages payments in Russian rubles. The multirole Mi-35M helicopter is a comprehensive modernization of the Mi-24V and has…

Ukraine: sugar production up in 2016/2017

Sugar production in Ukraine in 2016/2017 agricultural year (September-August) increased by 40.5% YoY, to 2.008 million tons, the national sugar producers association Ukrtsukor has said. According to the report, 42 sugar refineries refined 13.66 million tons of sugar beets. The association said that the year was favorable for Ukrainian sugar producers. Due to bad harvest…