Austrian Eriell GmbH has acquired controlling stake of Sarbon-Neftegaz JSC, the transportation division of Uzbekneftegaz National Holding Company, Tashkent Republican Stock Exchange said in a message. The Austrian company acquired 561,930 shares at $6.04 per share. A package of shares was purchased at $3.394 million from Uzgeoburneftegaz – subsidiary of the holding, Uzbekneftegaz said. Sarbon-Neftegaz…Details
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A new railway station will be commissioned in Kazakhstan’s city of in Astana in May, Kazakh prime-minister’s website reported. Construction work at the new railway station and railway junction in Astana have been completed by 80% as of today, Kazakhstan Temir Zholy’s (Kazakh railways) said. The capacity of the railway station is envisaged at 35,000…Details
Ukrainians bought $747.1 million from banks in 2016, up by 9.2% YoY ($684.1 million), the National Bank of Ukraine (NBU) has said on its website. Sale of foreign currency by the public last year grew by 44.6%, from $2.232 billion to $3.227 billion. The NBU said that Ukrainians sold $2.48 billion more in 2016 than…Details
Russian Helicopters Holding will supply four Mi-35M attack helicopters to Kazakh Defense Ministry in 2018, the holding reported. The supply contract was signed within the implementation of the Treaty on military-technical cooperation between Russia and Kazakhstan and envisages payments in Russian rubles. The multirole Mi-35M helicopter is a comprehensive modernization of the Mi-24V and has…Details
Sugar production in Ukraine in 2016/2017 agricultural year (September-August) increased by 40.5% YoY, to 2.008 million tons, the national sugar producers association Ukrtsukor has said. According to the report, 42 sugar refineries refined 13.66 million tons of sugar beets. The association said that the year was favorable for Ukrainian sugar producers. Due to bad harvest…Details
On December 24, 2016 – January 6, Ukraine exported grain at rather record rates, despite the New Year holiday factor. In the reporting period the export volumes of three major grain crops from Ukraine reached 1.5 million tons, including wheat – 491 thousand tons, corn – 968 thousand tons, and barley – 32 thousand tons.…Details
In China Kazakh agricultural products are in great favor, and in short supply, the Chinese Ambassador to Kazakhstan Zhang Hanhui declared. China is interested in the imports of organic agricultural products from Kazakhstan. Kazakhstan foodstuffs – wheat, flour, honey, vegetable oils, meat, etc. – have a very good reputation and in great demand in China,…Details