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Business World Magazine (Ukraine)

Business World Magazine (Ukraine)

Business World Magazine (Ukraine) is the informational portal.

BWM (Ukraine) informs on doing business in various countries, with special attention paid to Ukraine, Russia, Belarus, Azerbaijan and other ex-USSR countries, their business relations, investments and innovations.

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Russia: Kaliningrad region to compensate costs for sea cargo transportation to/from mainland

Kaliningrad region is looking into a possibility of compensating shipping costs when it comes to cargoes delivered by sea to the region from the mainland Russia and back, Vladimir Zhovtun, head of the Transport Development Department at the regional Ministry of Infrastructure Development, said. According to him, this mechanism is already applied to railway transportations…


Belarus: Egypt interested in setting up manufacturing enterprises

Egypt is interested in setting up manufacturing enterprises together with Belarus. The relevant possibilities were discussed during the latest meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt Sergei Rachkov and Egyptian Assistant Foreign Minister for European Affairs Ihab Nasr, the press service of the Belarusian Ministry of Foreign Affairs reported. During the meeting…


Belarus: China to invest 700 million RMB in housing construction in 2016-2017

China’s investments into the construction of multi-storied apartment buildings in Belarus in 2016-2017 will total 700 million yuan (RMB), Belarus’ Vice Minister of Architecture and Construction Alexander Kruchanov said in a statement. According to him, Belarus is currently short of finance for housing construction and China’s gratuitous aid will somehow improve the situation. Chinese investors…


Russia: Caspian flotilla ships perform artillery firing missions within the “Caucasus-2016” exercise

The Caspian flotilla ships Volgodonsk and Makhachkala within the strike grouping have performed artillery firings in the assigned zones of the Caspian Sea at the strategic command-and-staff exercise “Caucasus-2016”, the press center of RF Defense Ministry reported. The ships also repelled attacks of simulated enemy surface ships. Besides that crews practiced air defense in movement…