Car manufacturing dropped by 62.2% YoY in Kazakhstan in H1 2016, to 2,980 cars, said the Kazakh Statistics Committee. Minibus production decreased by 23.7%, to 71 minibuses. During the period, the truck manufacturing in Kazakhstan increased by 16.6% and totalled 718 trucks. Three large car plants: Azia Avto, SaryarkaAvtoProm and Agromashholding – operate in Kazakhstan.…
The absence of bids at a tender to sell Odessa Port-Side Chemical Plant (OPCP) does not mean that the plant will not be privatized, Ukrainian Prime Minister Volodymyr Groysman has said, adding that a new tender will be announced. “In the limited term no bids were submitted by potential buyers for this price. This does…
The World Bank is ready to provide some $1 billion for Ukrainian roads repair, the European Bank for Reconstruction and Development (EBRD) could provide some $700 million, while no more than 10% of the targeted international assistance is used for these purposes in the country, Ukrainian Infrastructure Minister Volodymyr Omelyan has said. “Unfortunately, today we…
Uzpromstroybank (Uzbek Industrial and Construction Bank) has issued a loan for 571.2 billion soums to small businesses and private entrepreneurships in the first half of 2016. According to the press service of the bank, businesswomen received loans for 45.2 billion soums in the reporting period. Uzpromstroybank said that it issued loans for 99.2 billion soums…
Uzbekistan Temir Yollari is completing works on reconstruction of Nukus railway station, the company said in a statement. The company said that painters and craftsmen were completing constructions works at the station. New station will have all necessary conditions for passengers. Ticket office, room for children and kitchen were constructed. The station is equipped with…
Railway cargo transportation between Belarus and Russia’s Kaliningrad Oblast went up 7.4% over the same period of 2015 to 4.47 million tons, the press service of Belarusian Railways reported. The railway export of Belarusian cargoes to Kaliningrad Oblast made up 319,800 tons (up by 48.5% YoY). The transit of cargoes exceeded 4 million tons (up…
GM Uzbekistan presented an automobile Nexia R3 under the brand of Ravon in Kazakhstan. It is worth to mentioning that Nexia R3 is a modified Chevrolet Aveo of the second generation (T250). Nexia R3 is equipped with a gasoline engine with a volume of 1.5 liters. The power unit is paired with a five-speed manual…