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Author Archives: admin

Ukraine: sunflower seed the most profitable type of agribusiness in 2015

UkraineBy admin2016-07-07Leave a comment

In 2015, the production of sunflower seed became the most profitable type of agricultural business in Ukraine, with the profitability index at 80.5% in UAH, and the production of eggs took the second position at 60.9%, declared the Ministry of Agrarian Policy and Food of Ukraine on July 4. The leaders of the rating did…

Azerbaijan: Stadler to showcase BTK railway cars in September 2016

AzerbaijanBy admin2016-07-07Leave a comment

Switzerland’s Stadler Rail Group will in September showcase the sleeping cars to be used on the Baku-Tbilisi-Kars (BTK) railway, the Railway Gazette International reported July 5. The cars will be demonstrated at the InnoTrans 2016 exhibition in Berlin, Germany. “A Class 88 EuroDual electro-diesel locomotive ordered by leasing company Beacon Rail for use by UK…

Tajikistan: retailers and restaurants to accept payment by bank card

TajikistanBy admin2016-07-07Leave a comment

An article “Tajikistan: Retailers Face Giant Bank Card Fines” that was posted on EurasiaNet.org’swebsite on July 4, notes that Tajikistan’s banking regulators are forcing retailers and restaurants to accept payment by bank card against the threat of fines of up to $1 thousand in the latest wheeze to compensate for the lack of cash in…

Uzbekistan: pharmaceutical plants construction starts at SIEZ Navoi

UzbekistanBy admin2016-07-07Leave a comment

Indian pharmaceutical company Bravo Pharmaceuticals Pvt. Ltd. Started construction of the plant on production of ready medicaments at the special industrial-economic zone “Navoi”. Bravo Pharmaceuticals, registered at SIEZ Navoi, will produce medical products in line with the WHO EU GMP standard. The project cost is about $2.6 million. The project will provide jobs for 100…

Ukraine: Nibulon invests 450 million UAH in river-handling terminal in Mykolaiv region

UkraineBy admin2016-07-07Leave a comment

Investment of Nibulon into the launch of a river-handling terminal near Voznesensk (Mykolaiv region) totaled 450 million UAH. “The cost of the high-tech terminal located on 12.5 ha was some 450 million UAH”, the company said. The terminal can store 76 thousand tons of grain, the daily capacity of dryers is 4 thousand tons, and…

Kyrgyzstan: state debt reaches $4 billion

KyrgyzstanBy admin2016-07-07Leave a comment

Kyrgyzstan’s state debt has reached nearly $4 billion, the website of the Ministry of Finance reported. As of May 31, the size of the public debt of the Kyrgyz Republic was formed in the amount of $3 billion 944 million or 269 billion 426.74 million soms. Of these foreign debt is $3 billion 698.23 million…

Kazakhstan: cost of oil output expansion at Tengiz field revealed

KazakhstanBy admin2016-07-07Leave a comment

Tengizchevroil LLP (TCO) announced it had received approval from its partners on the final investment decision for the Future Growth Project and Wellhead Pressure Management Project (FGP-WPMP), the next expansion of the Tengiz oil field in western Kazakhstan, said TCO. FGP-WPMP is currently estimated to cost $36.8 billion, which includes contingency and escalation, said the…

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