Azerbaijan: Germany’s DHL enters market

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…

Kazakhstan: EBRD to help with energy efficiency

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…

Belarus and Poland to step up cooperation in investment and privatization

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…

Moldova: agreement with IMF to increase investments

If signed, an agreement with the International Monetary Fund (IMF) will increase investment in Moldova. That’s according to the Governor of the National Bank of Moldova (NBM), Sergiu Cioclea. According to him, as soon as Moldova signs an agreement with the IMF, funding and grants from various international organizations and private investors will come in…