Azerbaijan Caspian Shipping CJSC has launched Shahdag ferry for traffic on the Trans-Caspian International Transport Route, the CJSC said in a message. The message says that the ferry has been launched after a major overhaul. Main and auxiliary engines, various systems, steering wheel and other mechanisms, as well as premises and accommodation were modernized during…
A major project is being implemented in order to improve reliability of power supply of Ashgabat city. Dozens of modern transformer substations have been built within this project, including 5 substations with voltage of 220 kV, 22 substations with voltage of 110 kV and 29 substations with voltage of 35 kV. As many as 140…
As many as 78 state enterprises and facilities will be put up for privatization of the State Property Issues Committee of Azerbaijan on November 22, the message of the committee said. The enterprises operate in the fields of cotton growing, agricultural chemistry, transport, construction and others. These enterprises are located both in Baku and in…
Belarusian producers of poultry meat have plans to obtain certificates to sell products to the European Union, Alexei Bogdanov, the head of the main division for foreign economic affairs at the Agriculture and Food Ministry of Belarus, reported. “Work is underway to get products of Belarusian poultry farms certified for export to the European Union.…
Belarus and Russia’s Yaroslavl region have agreed to advance relations in manufacturing cooperation, road construction and pharmaceutics, the press service of the Embassy of Belarus in Russia reported. A Belarusian delegation led by Industry Minister Vitaly Vovk visited Yaroslavl region on October 20. The delegation included representatives of government agencies, industrial enterprises and their distributors…
In the near future the machine tool factory based in Baranovichi, Brest region, intends to start selling merchandise to Hungary, the head of the enterprise’s Marketing Office Dmitry Krivorot reported. An agreement on cooperation was signed during the international mechanical engineering expo MSV 2016 in Brno, Czech Republic, in October. As part of the agreement…
A.M. Best, the world’s oldest and most authoritative insurance rating and information source, has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of “bbb-” of AzRe Reinsurance OJSC, the sole domestic reinsurer in Azerbaijan. The outlook of these Credit Ratings (ratings) remains stable, according to the service’s message. “The ratings…