Ukraine: NABU investigating into some banks removing refinancing funds abroad

The National Anti-Corruption Bureau of Ukraine (NABU) is investigating into crimes committed by some banks that removed refinancing loans abroad, NABU Director Artem Sytnyk has said. “We have a criminal case concerning some banks that removed the refinancing funds abroad, including via Austrian banks and eventually to offshore companies”, he said. He did not disclose…

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Ukraine: throughput of seaports down in 2016

In January-December 2016 seaports of Ukraine handled 131.998 million tons of cargo (-8.9%), says press center of Ukrainian Sea Ports Authority. Transshipment of export cargo totaled 100.395 million tons (- 3.3%), imports – 16.013 million tons (- 10.8%), transit – 10.370 million tons (-34.8%), inland traffic – 5.220 million tons (- 23.7%). State stevedores under…

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Uzbekistan: Karshi-Dekhkanabad 90 km railway section electrified

As technological development necessitated transportation development, Uzbekistan electrified 1700 kilometres of its railway network, putting into operation 500 kilometers in 2016 alone. Following the 2010 Presidential Resolution “On Accelerating Infrastructure, Transport and Communication Construction Development in 2011-2015” Uzbekistan electrified and commissioned the Marakand-Karshi railway section in summer 2015. This led to the launch of an…

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Uzbekistan: O’zbekiston havo yo’llari to receive four more Boeing Dreamliners

NAC “O’zbekiston havo yo’llari” will receive four more airplanes of the new generation Boeing 787-8 Dreamliner. The new contract with “Boeing” corporation was signed within the framework of modernization and unification of airpark. The press service of the air company informs that the delivery of aircraft is expected in 2019-2020. At the present time, the…

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Kyrgyzstan: investors and businessmen poorly protected by the government

The deputies of the Parliament recognized unsatisfactory the work of the government on attraction and protection of investment, enterprise development, production and promotion of products on the foreign market. The decision was taken at a meeting of the parliamentary committee on economic and fiscal policy. Deputies noted that they succeeded in considering the issue only…

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Ukraine: gas stocks down

Gas stocks in Ukraine’s underground storage facilities have declined by 22.2% or 3.272 billion cubic meters to 11.460 billion cubic meters since October 13, 2016 when the current heating season began, through January 8. Ukraine withdrew 86.33 million cubic meters from underground storage on January 8, and a total of 533.38 million cubic meters in…

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