Azerbaijan: Taxes Ministry completes joint twinning project with EU

The European Union (EU) and Azerbaijan’s Taxes Ministry have successfully completed the implementation of a joint twinning project on improvement of human resources management, the country’s Deputy Taxes Minister Sahib Alakbarov said. The twinning project’s implementation was carried out jointly with taxes administrations of the EU, France and Spain. “This project has become a successful…


Azerbaijan: reasons of GDP decline

Azerbaijan’s GDP amounted to 49.2 billion manats in January-October, down by 3.7% YoY, the country’s finance minister Samir Sharifov said. He made the remarks during a discussion on the draft state budget and the concept of social and economic development for 2017 and the next three years. The discussions on the draft state budget at…


Uzbekistan: ADB to allocate 154 million towards development of horticulture

The Asian Development Bank approved of a $154 million loan to improve horticulture in Uzbekistan. “ADB’s support will help to expand access to long-term financing for farmers engaged in horticulture, and businesses involved in the supply chain in the field of horticulture”, Bui Minh Ghaip, senior economist for natural resources and agriculture at Regional Department…


Ukraine: court arrests compressor stations of Karpatygaz

Kyiv’s Pechersky district court has arrested seven compressor stations managed by Karpatygaz LLC under the joint operation agreement signed with state-run company Ukrgazvydobuvannia: Khrystyschenska, Yuliyevska (both based in Kharkiv region), Skhidno-Poltavska, Rozpashnivska and Abazivska (all three in Poltava region), Letnianska and Svydnytska (both in Lviv region). According to a court ruling dated November 18, it…


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Ukraine: flour production down in January-October 2016

In January-October Ukrainian flour-milling enterprises produced 1.572 million tons of flour, down by 5% YoY, the State Statistics Service of Ukraine declared.

In particular, the production volumes in October totaled 180 thousand tons, down by 0.4% MoM and by 0.3% YoY. (APK-Inform/Business World Magazine)

Ukraine: Zorya-Mashproekt asking PM to check contracts with Ukrtransgaz’s tender winners to modernize GTS

Employees of the state-run enterprise Zorya-Mashproekt (Mykolaiv) have sent an open letter to Ukrainian Prime Minister Volodymyr Groysman asking him to personally control the signing of contracts with the winners of the tender of public joint-stock company Ukrtransgaz to modernize three compressor stations in Ukraine valued at 4.12 million UAH by the due date. “The…


Kazakhstan: two main gas pipelines connected

Kazakh national gas transportation operator KazTransGas built a booster compressor station at the connection TIP-02 between the main gas pipeline “Bukhara gas-bearing region-Tashkent-Bishkek-Almaty” and “Kazakhstan-China”, the company said in a message. The new booster compressor station located in Zhambyl region will allow to have gas pumping between these pipelines, despite different design pressures. This is…


Ukraine: UOP obtains approval for corporatization of 5 enterprises

Implementing the defense industry reform Ukroboronprom State Concern has started preparing for corporatization of its enterprises. The press service of the concern reported that plans and corporatization schedules of the first five Ukroboronprom member enterprises, including Antonov State Enterprise and 410 Civil Aviation Plant (both based in Kyiv), had been approved by the Economic Development…