OAO Slootsk sugar refinery’s shareholders adopted a resolution on Aug 12, to increase the state-owned stake from 25.4% to 51%. The state-owned stake will be increased by means of issuing additional shares, which will be surrendered to the state. The sugar refinery’s statutory capital is made up of 336,059 shares with a face value of…Details
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Azerbaijan will import 4,000 tons of AI-92 gasoline in the coming days, the country’s state oil company SOCAR said in a message posted on its website. The message said the Azerbaijani Cabinet of Ministers’ decree on canceling the customs duty on the gasoline import was made on the basis of SOCAR’s appeal in connection with…Details
On August 15, Beijing (China) hosted a presentation of the tourist potential of Uzbekistan. The event organized by “Uzbektourism” jointly with the Association of private tourism organizations of Uzbekistan, Embassy of Uzbekistan in China with the support of the State administration of tourism of China and China Association for the promotion of friendship, was attended…Details
Grodno authorities are making preparations to convert the state-owned Hotel Belarus into an open joint stock company and sell a stake to an investor, Grodno Regional administration said. Built in 1968, Hotel Belarus is an 8-storied building with 242 rooms. The hotel is located in the city center. Earlier Lithuania’s Arvi Group considered buying the…Details
Proposals have been brought forward to cancel more than 40 administrative procedures for businesses, the press service of the Belarusian Economy Ministry reported. A working group for the simplification of administrative procedures was set up under the Prime Minister’s instruction. The minutes of the meeting of the working group held on April 27, read that…Details
Oil Traders Association of Kyrgyzstan asks to open access to the market of petroleum products of Kazakhstan, executive director of the association Ulan Kulov announced at the meeting on the problems of the fuel market. According to him, no one has exact data on smuggling. “We can judge by reduction of imports by 90,000 tons.…Details
ASB Leasing Ltd, the leasing arm of OAO Belarusbank, has reduced the interest rate for lease purchases of dwellings by individuals by 4% to 21% per annum. Apartments and single-family houses can be purchased on a lease scheme with a maximum period of 15 years. A down payment is required to cover at least 20%…Details