Ukraine: biggest drug producer to build plant in Azerbaijan

Ukraine’s biggest pharmaceutical company Indar plans to build a medicine plant in Azerbaijan, Ukrainian Ambassador to Azerbaijan Alexander Mishchenko said.

He made the remarks on October 20,during a tourism forum in Baku.

Mishchenko noted that the company was in negotiations in Azerbaijan and the share in the enterprise would be divided 50-50. (Trend/Business World Magazine)

Ukraine: Pivdenne Design Bureau developing new anti-aircraft complex

Ukraine’s Pivdenne (Yuzhnoye) Design Bureau is stepping up the international military and technical cooperation and together with a foreign partner is developing a new short-range anti-aircraft artillery complex in the interests of the Armed Forces of Ukraine. The new weapons are intended to replace Soviet anti-aircraft systems such as ZSU-23-4 Shilka self-propelled radar guided anti-aircraft…

Belarus: Mogilev region and Turkey to strengthen cooperation

Belarus’ Mogilev region and Turkey are set to strengthen their interaction. Matters of bilateral cooperation were discussed during a meeting between Mogilev region Governor Vladimir Domanevsky and Ambassador Extraordinary and Plenipotentiary of Turkey to Belarus Kezban Nilvana Darama on October 18. Kezban Nilvana Darama said that there were great prospects for the development of the…

Belarus: investment potential to be presented at Eurasian Forum in Verona

The economic and investment potential of Belarus will be presented at the fifth edition of the Eurasian Forum in Verona, Italy on October 21, spokesman for the Belarusian Ministry of Foreign Affairs Dmitry Mironchik reported. Belarus’ Deputy Minister of Foreign Affairs Yevgeny Shestakov, who co-chairs the Belarusian-Italian commission for economic cooperation, is attending the forum.…

Belarus: corn crop to triple

Cold air temperature, falling below zero at night on the major part of the Belarus contributed to slower vegetation processes of grain crops and winter rapeseed. In the first half of October sum of effective temperatures (above +5 degrees C) totaled about 40-60 C‘, up by 10-20 CYoY. Winter crops sown in mid-September are at…

Ukraine: investments in economy up

Investments in the Ukrainian economy have grown by $2.5 billion in contrast to last year, Ukrainian Prime Minister Volodymyr Groysman has stated at a meeting of the Cabinet of Ministers of Ukraine. “Investment raising has increased by $2.5 billion, which is 19% higher in contrast to last year. The investment process should be sped up,…

Ukraine: former Polish transport minister Nowak appointed Ukravtodor acting head

Ex-Minister of Transport of Poland Slawomir Nowak has been appointed new acting head of the State Automobile Roads Agency of Ukraine (Ukravtodor). “We believe that managing Ukravtodor requires significant expertise, including international. Our position is that high-quality roads, highways that will connect us with Europe should be built in Ukraine, so the professional level of…