Kazakhstan: 90% of Industrialization Map projects working at full capacity in Karaganda region

71 projects have been implemented in Karaganda region under the Industrialization Map. 54 of them are running at full capacity now, according to Tolegen Igembayev, Head of the Regional Department for Industry and Industrial-Innovative Development. 94 projects worth more than 1350 billion tenge with the creation of over 11,000 jobs have been included in the…

Ukraine: flour production down in H1 2016

In January-June Ukrainian flour milling enterprises produced 888 thousand tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared. At the same time, the production volumes in June totaled 132 thousand tons, up by 0.7% MoM and down by 14.6% YoY. In January-June the production volumes of crude sunflower oil in…

Russia: who buys MiG-29M

A flurry of construction is underway that could help Russia’s faltering MiG aircraft manufacturer. But a lingering question remains: who is purchasing the expected 46 new MiG-29M fighter jets? There has been no official confirmation about who has signed the jet deal for a contract that has been estimated to be worth $2 billion. Hints…

Uzbekistan to export $1.1 billion worth of textile, garment and knitwear in 2016

Uzbekistan plans to export textile, garment and knitwear products valued at over $1.1 billion. The country has attracted foreign investments for $2.5 billion to the sector. During the last several years, Uzbekistan realized over 200 projects with participation of foreign investors from Great Britain, Germany, Switzerland, Italy, South Korea, Japan, Singapore, India and other partner…

Uzbekistan: new cement plant commissioned

One of the major projects – construction of “Titan Cement” enterprise – has been completed and put into operation in Karauzyak region of Karakalpakstan. The project’s cost is 10.6 billion soums and $17 million dollars. It will produce 200 thousand tons of cement per year. In addition, about 200 new jobs will be created. (Uzreport/Business…

Ukraine: NBU assets up H1 2016

The Statement of Financial Position of the central bank suggest that in January-June the National Bank of Ukraine’s assets increased slightly by 24.8 billion UAH, or by 3% YoY, to 874 billion UAH. “On the asset side of the balance sheet, the largest increase was recorded for item “Ukraine’s International Reserves” (foreign securities, SDR holdings,…

Tajikistan: $2.877 billion in FDI attracted

Tajikistan attracted $6.663 billion in foreign investments in 2007-2015, according to the State Committee on Investment and State-owned Property Management (GosKomInvest). A totaled reportedly included $2.877 billion attracted in foreign direct investment (FDI), $3.785 billion of loans attracted by enterprises and organizations, and $1.8 billion of portfolio investment (portfolio investments include transactions in equity securities,…

Russia: 1.2 million tons of grains exported

Since the beginning of 2016/2017 MY, and as of July 20, the volume of grain exports from Russia totaled 1.2 million tons, down by 7.4% compared with the same period last season (1.3 million tons), the Ministry of Agriculture of the Russian Federation declared. According to the announcement, the wheat volumes formed 835.7 thousand tons…

Russia: Permanent Representatives to the International Organizations in Vienna visit Beloyarsk NPP and Ural Electrochemical Integrated Plant

On July 19-20, a delegation of the Permanent Representatives of foreign countries to the International Organizations in Vienna visited Russian nuclear industry enterprises – Beloyarsk Nuclear Power Plant and Ural Electrochemical Integrated Plant. The list of the visiting participants included 18 senior diplomats representing Argentina, Belgium, China, Dominican Republic, Germany, Indonesia, Japan, Pakistan, Qatar, Russia,…

Uzbekistan: Capstone Turbine Corporation to supply microturbines

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, will supply two C1000 Signature Series microturbines for a flare gas utilization project in Uzbekistan. The US-based company said that it was planning to ship microturbines to Uzbekistan in the second quarter. BPC Engineering, Capstone’s largest distributor in Russia, released the order,…