Germany’s logistics company DHL has opened its office in Azerbaijan. The office, DHL Global Forwarding Azerbaijan, was registered according to the “single window” principle of Azerbaijani Ministry of Taxes on June. The company’s authorized capital is 100 manats. Turkish citizen Inanc Behcet Kerem is the company’s official representative. Azerbaijan Railways CJSC and DHL agreed to…
According to the Minister of National Economy Kuandyk Bishimbayev, Kazakhstan’s economy grew by 0.4% in January-September. The inflow of foreign investment in Kazakhstan’s economy increased 4.4-fold YoY. “Net inflow of foreign investment amounted to $5.7 billion in the reporting period, which is a 4.4-fold increase versus the same period of last year, which was $1.3…
The European Bank for Reconstruction and Development (EBRD) and Kazakhstan’s national gas operator KazTransGas have agreed to join forces in supporting the country’s drive towards a green economy, the bank reported. According to a Memorandum of Understanding signed in Astana on October 26, the two partners will explore ways to promote energy efficiency in the…
Dredging at the Ukrainian port of Belgorod-Dnestrovsky has reached 800,000 cubic meters this year. The works have been performed by the equipment of Ukrainian Sea Ports Authority (USPA) and its specialized contractor, USPA says. Vessels of up to 3.1 m in draught can now call the port. The port of Belgorod-Dnestrovsky was set up in…
State-run enterprise Boryspil International Airport (Kyiv), the country’s largest airport, saw a 2.2-fold rise in net profit in January-September, to 1.026 billion UAH. The airport said that its net revenue over the period grew by 30%, to 2.446 billion UAH. As reported, Boryspil Airport in January-September increased its passenger traffic by 16% YoY and by…
Procurement of construction works and services in Belarus will be exercised by the means of contract tendering starting on January 1, 2017, in accordance with President Lukashenko’s ordinance No. 380 dated October 20. Contract tendering will be a mandatory procedure if the cost of construction services is equal to or exceeds 6,000 basic units (Br126,000…
Belarus and Poland intend to step up cooperation in matters concerning investments and privatization, the press service of the State Property Committee of Belarus reported. On October 25, the Committee’s Chairman Andrei Gayev met with Deputy Development Minister of Poland Radoslaw Domagalski-Labedzki. The Deputy Development Minister of Poland emphasized the importance of smooth cooperation between…