Russia: Defense Ministry to obtain 7 Tu-95MS strategic bombers

The Russian Defense Ministry will receive 7 modernized Tu-95MS strategic cruise missile carriers, Tupolev PJSC director general Alexander Konyukhov said. The ministry has already received the first Tu-95MS aircraft, which had been modernized in accordance with the state requirements and technical documentation, according to Konyukhov. “In accordance with conditions of state contracts, the Russian Defense…

Russia: aircraft manufacturer to deliver 3 ‘Terminator’ choppers for Arctic operation

The Russian Defense Ministry will receive six Mil Mi-8AMTSh choppers and three Mi-8AMTSh-VA ‘Terminator’ military and transport helicopters for Arctic operation this year, Ulan-Ude Aviation Enterprise Managing Director Leonid Belykh said. “Under the state defense contracts that have been signed, three Mi-8 helicopters are planned for delivery in 2016 and two in 2017 for Arctic…

Uzbekistan: GDP up in H1 2016

Gross domestic product (GDP) of Uzbekistan grew by 7.8% in January-June, the session of the Cabinet of Ministers said on July 15. Industrial production in Uzbekistan rose by 6.7% in the first half of 2016, agriculture output by 6.8%, services by 12.9% and construction works by 17.5%. State budget was executed with 0.1% surplus to…

Tajikistan: coal output up in H1 2016

Over the first six months of this year, Tajikistan has produced more than 500,000 tons of coal, up by 177,000 tons YoY, according to the Ministry of Energy and New Technologies (MoINT). An official source at a MoINT says Tajikistan is currently producing up to 7,000 tons of coal per day. Last year, Tajikistan reportedly…

Tajikistan investment portfolio includes 70 projects totaling $2.84 billion

Tajikistan’s investment portfolio now includes 70 projects totaling 22.3 billion somoni (equivalent to $2.84 billion), according to the State Committee on Investments and State-owned Property Management (GosKomInvest). Tajikistan’s investment portfolio, in particular, includes 31 grant-based projects, 18 loan-based projects and 21 mixed-finance projects. Total volume of grant financing has reportedly amounted to 9.8 billion somoni…

Kazakhstan: trade companies’ revenues up

Revenues of Kazakhstan’s trade companies from main activity increased up to 2.8 trillion Kazakh tenges in Q1 2016, as compared to 2.1 trillion tenges in the same period of 2015. Tenge’s devaluation gave a certain support to this process. Revenues of Kazakhstan’s small enterprises from main activity increased by 824 billion tenges in Q1 YoY,…

Russia: fighter jets on high alert for flight exercises

Russia’s MiG-31BM and Su-27 fighter jets have been put on alert for tactical flight exercises in the Tver Oblast in the country’s west, the Western Military District said. The fighters’ crews will perform tasks of intercepting aircraft violating the state border, electronic launches against cruise missiles and strategic bombers of the simulated enemy. (Russian Aviation/Business…