Belarus: MAZ rolls out 6WD skylift

The Belarusian automaker MAZ has made its first all-wheel drive skylift AGP-40-K, which can lift three people with instruments up to 40 m above the ground. With the all-wheel drive skylift of its own MAZ will be able to expand its presence on the market of utility vehicles. MAZ representatives explained that the vehicle was…

Azerbaijan: IBA’s foreign debt restructuring plan to be approved until mid-July 2017

The situation with approval of voluntary restructuring plan of foreign obligations of the International Bank of Azerbaijan (IBA) by foreign creditors will be clarified by mid-July, Azerbaijan’s Finance Minister Samir Sharifov declared on June 13. “We have already informed the public about the negotiation process,” said the minister. Earlier, the IBA commenced a process of…

Ukraine exporting flour at a record pace

Ukraine exported 330 KMT of flour in the ten months of MY 2016-2017 (July 2016 – April 2017), up by 16% YoY. Traditionally, China remains the top importer of Ukrainian flour with an export share of 21%. Ukrainian exporters continue stepping up flour deliveries to Africa. In particular, more than 28 KMT of flour was…