Kyrgyzstan: financial police promises to put an end to shadow economy

The State Service for Combating Economic Crimes (Financial Police) intends to mobilize all resources to fight against the shadow economy, the head of department Zamirbek Osmonov said. According to him, after broadening of powers the service will start revealing shadow schemes, detecting false bankruptcy facts and pseudo-entrepreneurship, and fighting against smuggling. 90% of the violations…

Kyrgyzstan: cement production down

Production of cement declined after Kyrgyzstan’s accession to the Eurasian Economic Union. This was stated at the board meeting of the State Committee for Industry, Energy and Subsoil Use. According to the deputy chairman of the committee Kuban Myrzakanov, large volumes of cement made in Kazakhstan started arriving with which the domestic market can not…

Kyrgyzstan: oil refineries lack raw materials

Oil refineries in Kyrgyzstan have great difficulties with supplies of raw materials in required quantities, the State Committee of Industry, Energy and Subsoil Use reported. It is noted that the main strategic suppliers of the refineries are the companies from Russia and Kazakhstan. Oil supplies from Russia are unprofitable because the cost of raw materials…

Kyrgyzstan: 7 companies to help sell Kara-Keche and Min-Kush fields

7 consulting companies are ready to help sell Kara-Keche and Min-Kush fields (Ak-Ulak section), the Chairman of the State Committee for Industry, Energy and Mining Duyshenbek Zilaliev declared. Applications for consulting services were received from “Beyond Investment Group” LLC, “Deloitte & Touche”, “Marka Audit Bishkek”, “Industrial electric maden”, “Standard Develop Consult”, “KPMG Tax and Advisory”…