Azerbaijan: Tatra trucks to be produced

Azerbaijan will launch the production of Tatra trucks from 2018, the Azerbaijani embassy in the Czech Republic said. A memorandum was signed between Ganja Automobile Plant production association and Tatra company at the embassy of the Czech Republic in Azerbaijan. The document was signed by head of Ganja Automobile Plant Khanlar Fatiyev and chairman of…

Uzbekistan developing rail transport

The plans for the development of rail transport in Uzbekistan include the transportation of foreign trade goods via the Baku-Tbilisi-Akhalkalaki-Kars railway with an opportunity to reach the ports as part of the pilot program. It is planned to participate in the creation of the Azerbaijan-Georgia-Turkey-EU countries transit corridor by determining the volumes of transportation of…

Ukraine: state support to regions to grow in 2018

The state budget for the next year envisages UAH 6 billion from the State Regional Development Fund to implement important projects in the regions of Ukraine, and UAH 1.9 billion of subventions will be used for the development of the infrastructure in united territorial communities, Deputy Regional Development, Construction, Housing and Utilities Services Lev Partskhaladze…

Azerbaijan: Unibank issues USD bonds

The Baku Stock Exchange (BSE) has registered the issue prospectus of interest-bearing book-entry registered unsecured bonds of OJSC Unibank, said the BSE in a message on December 18. One thousand bonds at a par value of $10,000 each have been issued. The yield on the bonds will be 6% per year. Unibank has been operating…