The authorized capital of Azerbaijan Caspian Shipping CJSC will be increased by almost 15%, from 383.42 million manats to 440.05 million manats, according to a decision on the amendments to the company’s charter of the country’s Cabinet of Ministers. As a result, total number of the company’s shares will increase from 383,420,621 to 440,050,998 (one…
Azerbaijan’s state oil company SOCAR will additionally produce 29,200 tons of oil thanks to the commissioning of a new well, said SOCAR. The well is being drilled at the Gunashli offshore field in the Azerbaijani sector of the Caspian Sea. The projected depth of the well is 2,850 meters, and the well yield is expected…
Agricultural cooperatives will be created in all regions of Kyrgyzstan, the department of information support of the Kyrgyz government reported. First Deputy Prime Minister Mukhammetkaly Abulgaziev noted that the agricultural potential of the country was not used to its full potential. “Despite the fact that a large part of the population lives in rural areas,…
Agency of automobile and river transport hosted a meeting of the board following the first half-year results of its activity. The Agency together with local administrations carries out the work on the study of passenger traffic and the needs of the population for passenger transport in the region, as well as provides practical assistance to…
The first ship with anthracite would arrive to Ukraine on August 20 or August 21, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. Nasalyk also said that he had signed a decree to reconstruct two units of Zmiyivska thermal power plant managed by Centrenergo to switch from anthracite to gas coal. He said…
AutoKrAZ maintains production level achieved in the beginning of the second half year. Kremenchug Automobile Plant produced 75 vehicles in this July, the same amount as in June. Chassis cabs amount for 51% of the total output, platform trucks – for 44%, and truck tractors for 5%. 63% of vehicles have been built for sales…
Acron sold its subsidiary holding 50.5% shares in China’s Hongri-Acron, the Russian fertilizers company said. An investment and industrial company from Hong Kong acted as a buyer. “In line with Acron Group’s long-term development strategy, we decided to sell our stake in Hongri Acron plant in China and focus on further development of our Russian…