Баннерная система

Home Authors Posts by admin

admin

7789 POSTS 0 COMMENTS

Uzbekistan: fruit and vegetables exports to increase

Uzbekistan plans to increase exports of fruit and vegetables by 30% YoY, to 1.2 million tons in 2018, the holding company "Uzbekozikovkatholding" reported. The company plans to reach an indicator of 1.2 million tons worth $1 billion. In 2017 the volume of exports of fruit and vegetable products amounted to 918,080 tons or $665.9 million. Uzbekistan is a major exporter on...

Ukraine: BNP Paribas buys UkrSibbank shares from minor shareholders

BNP Paribas S.A. (France) has increased its stake in UkrSibbank (Kyiv) to 60% from 59.99%, the Ukrainian bank reported in the information disclosure system of the National Securities and Stock Market Commission. According to the report, the securities were transferred from the accounts of minority shareholders to the account of the French bank under the compulsory sale procedure. At the...

Ukraine: EBRD supports strategy for state-owned banks

The European Bank for Reconstruction and Development (EBRD), Ukraine's largest international investor, supports the Ukrainian government's updated strategy for reforming the country's state-owned banks. EBRD's Country Director for Ukraine Sevki Acuner said that the strategy had been developed in the form of a general debate, which resulted in a very clear-cut strategy with the clear vision of goals for the...

Georgia: Uzbekistan to be assisted in boosting winemaking potential

Uzbekistan and Georgia have agreed on cooperation in the field of winemaking and viticulture. As part of the visit of Uzbek working group led by Deputy Minister of Foreign Trade Relations Sahib Saifnazarov to Tbilisi, the parties signed a memorandum, under which leading Georgian experts will visit Uzbekistan to study the raw materials base and winemaking potential. Furthermore, the parties intend...

Latvia: ABLV Bank to be liquidated in accordance with laws

ABLV Bank will be liquidated in accordance with Latvia's laws, because preservation of this credit institution is not in the interest of the country's society, announced the European Central Bank. In the report, ECB concluded that ABLV Bank and its subsidiary ABLV Bank Luxembourg were expected to collapse in the near future. ECB has informed the board of European Single...

Kazakhstan: Air Astana launches Astana-London daily flight

Air Astana will offer daily, non-stop flights from Nazarbayev International airport in Astana to London Heathrow, effective as of June 1. The additional frequencies, on Wednesdays and Fridays, are already available for sale. "We are delighted to have finally secured daily flight status on what is such a prestigious and popular route - the only direct service linking the UK...

Ukraine: gas withdrawal up due to cold snap

Ukrainian energy and coal industry minister's advisor Maksym Beliavsky says because of the cold snap on February 24-25, Ukraine has increased gas withdrawal from its underground storage facilities (USFs) to 101 million cubic meters per day, the maximum level for the entire 2017-2018 heating season. "Ukraine, because of the temperature drop, has increased the pumping gas from the underground storage...

Ukraine: Ukrzaliznytsia and General Electric sign agreement on production of locomotives

PJSC Ukrzaliznytsia and U.S. company General Electric Transportation signed a framework agreement on modernization and production of locomotives. The signing ceremony took place in the presence of Ukrainian President Petro Poroshenko and U.S. Ambassador to Ukraine Marie Yovanovitch. The agreement, in particular, provides for the modernization of a locomotive fleet and the construction of new locomotives. One of the terms of...

Belarus: BelGee to sell up to 8,000 cars quarterly by 2018 end

The Belarusian-Chinese car factory BelGee is expected to increase quarterly sales up to 8,000 cars by the end of the year, Belarus' Deputy Prime Minister Vladimir Semashko declared. "The plant is fully operational. We need to focus on sales and maintenance services. On March 28 I am to meet with the Geely president, dealers and distributors in Moscow. We need...

Azerbaijan: Rabitabank authorized capital up

Azerbaijan's Rabitabank has increased authorized capital by 12.8 million mantas, to 101.3 million manats, the bank said in a message. The bank's authorized capital was increased at the expense of existing shareholders. The aggregate capital of the bank reached 104.6 million manats. The main goal of increasing the bank's capital is to strengthen stability of the bank and ensure its participation...