Chinese investors intend to build a noodle factory in Kazakhstan. Most likely, it will be erected in the food belt of Astana. The project cost approximates $47 million. The factory’s capacity will be 700 MT of noodle a day with a prospective expansion to 1000 MT. With regard to the grain quality, the Kazakh vice-minister…Details
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The trade and economic partnership was the central theme of the Turkmen-Russian summit talks in Ashgabat. “The parties noted its progressive and stable nature. Despite the objective difficulties associated with the situation in the global economy, Russia continues to be one of Turkmenistan’s largest trading partners,” says the report. Visits of the Turkmen delegations of…Details
Linda Line, which operates the high-speed catamaran Karolin connecting Tallinn and Helsinki, has canceled all of its October 3 departures due to poor sea conditions on the Gulf of Finland. Linda Line, which operates under the Linda Line Express brand, has a policy of canceling departures due to conditions involving wind speeds in excess of…Details
Azerbaijan’s Financial Market Supervisory Authority is studying the possibility of local banks’ merger, according to the monitoring report on the implementation of measures reflected in the Strategic Roadmap for the Development of Financial Services. The possibility of further capitalization of the banks is also being considered, according to the report. The Financial Market Supervisory Authority…Details
In January-September Ukraine stepped up gas production by 2.6%. At the same time, the consumption decreased by 0.5%. “The production of gas at Ukrainian gas companies increased by 2.6% and amounted to 15.5 billion cubic meters over nine months of the current year,” reads the statement of the press service of PJSC Ukrtransgaz. As noted,…Details
In 2016-2017 MY, Ukraine increased the supply volumes of flour products to African countries to 17.5% of the general exports, as opposed to the share at 8% in 2015-2016 MY. The similar situation developed with flour supplies to the Middle Eastern countries – 25.8% of the general exports in the season-2016-2017, against 18% in the…Details
The largest project for industrial processing of natural gas in ammonia and carbamide is carried out by specialists of a consortium created by the Japanese Mitsubishi Corporation and Turkey’s Gap Insaat as part of the Calik Holding (Turkey) group of companies. The project is being implemented by the order of the Turkmenhimiya State Concern. The…Details