BelAZ heavy-duty truck manufacturer is due to hold a contest to choose a project developer, a project designer and an equipment supplier for a $45 million project aimed at upgrading the truck manufacturer’s CNC machine workshop. The closing date for applications is December 23. The equipment and solutions are to be supplied in the period…
DetailsBelarus’ foreign trade deficit stood at $2.397 billion in January-September to compare with a $1.844 billion deficit in January-September 2015, according to the National Statistics Committee (Belstat). Commodity exports decreased by 15.7% YoY, to $17.245 billion, while imports decreased by 11.9%, to $19.642 billion. Exports from Belarus included $10.422 billion worth of supplies to the…
DetailsRussia’s Economic Development Ministry expects exports to Vietnam to rise by 50% in dollar terms in 2016, First Deputy Minister Alexey Likhachev said. “Vietnam is the only big country with positive rates of mutual trade last year and in the first seven months of this year even in dollars. The dollar puts a substantial pressure…
DetailsUkraine’s State Property Fund has announced a tender to sell shares of PJSC Odessa Port Plan. The authorized capital of the company is 798544000 UAH. The STF proposes to sell 99.567% shares of PJSC Odessa Port Plan. The starting price is 5.16 billion UAH. The bid increment is 150 million UAH. The tender will be…
DetailsSugar production in Ukraine as of November 1, totaled 1.04 million tons. According to the Ukrtsukor national association of sugar producers, almost 7.1 million tons of sugar beets had been processed as of November 1. “A year ago we had 774,500 tons of sugar. The quality indicators also changed: sugar production effectiveness grew by 0.3%.…
DetailsAccording to regional agricultural departments, as of November 1, Kazakhstan completed the harvesting campaign of grains. Agrarians produced 23.68 million tons of grains. The average yield totaled 1.54 ton/ha, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agricultural enterprises harvested grains throughout 15.353 million ha, or 100% of…
Details“Uzbekistan Railways” JSC held a press conference dedicated to the results of socio-economic activity of the company for 9 months of 2016 and future plans. The representatives of the managing staff of the company, organizations and enterprises of the industry, heads of relevant departments, as well as media representatives attended the event. As was emphasized…
DetailsIn Ukraine winter crops sowing campaign for the 2017 crop is accompanied by different cataclysms. Severe drought during optimal seeding terms delayed sowing season in September. In early October machinery could not work in fields in the South because of rains. In late October freezing weather became another complication. Thus, Ukrainian farmers had only several…
DetailsIn January-September the joint index of costs for production of agricultural commodities in Ukraine (without the Crimea) increased by 12.7% YoY, the State Statistics Service of Ukraine informed. In particular, the costs for plant growing commodities production raised by 9.4% YoY, and animal commodities – by 21.1%. According to the statistics data, in September the…
DetailsAzerbaijani and Swiss financial markets supervisory authorities have great potential to expand the existing ties, Chairman of Azerbaijan’s Financial Market Supervisory Body Rufat Aslanli said at the meeting with the leadership of the Swiss financial regulator. The presentation of activity of the Swiss Financial Market Supervisory Authority was held for the Azerbaijani delegation on a…
DetailsOPEC Secretary General Mohammad Sanusi Barkindo received Azerbaijani Minister of Energy Natig Aliyev and Ambassador and Permanent Representative of the Permanent Mission to the International Organizations in Vienna Galib Israfilov. Non-OPEC countries were invited to join in talks following the Algiers Accord, reached in Algeria on September 28. Natig Aliyev said that Azerbaijan was very…
DetailsPJSC «Nizhnekamskneftekhim», in cooperation with the enterprises of Tatarstan, is mastering a new development in production i.e. the production of bimodal polyethylene for power cable sheath. Nizhnekamsk polyethylene can be used as an alternative to imported materials in the production of power cables. These are the results of comparing the quality indicators of the polyethylene…
DetailsAzerbaijan’s ambassador to Kenya with residence in Addis Ababa, Ethiopia, Elman Abdullayev said Azerbaijan and Kenya were determined to establish trade and business links. “We are very much ready to explore Kenyan market for Azerbaijan goods”, Abdullayev said. “And of course, we plan to launch a joint initiative to boost trade between the two countries.…
DetailsAzerbaijan and Dagestan have agreed to implement a number of joint projects in the spheres of trade and agriculture, Head of Dagestan Republic of the Russian Federation Ramazan Abdulatipov said at the agrarian forum “Dagestan’s Golden Autumn”. “There is an agreement with the Azerbaijani side to open a large store of Dagestan’s goods in Azerbaijan’s…
DetailsAround 10 documents will be signed during the meeting of the Council of Heads of Government of the Shanghai Cooperation Organization (SCO) in Bishkek, Deputy Director of integration associations of Kyrgyzstan’s Foreign Ministry, national coordinator of SCO from Kyrgyzstan Gulkayir Balbaeva said. The 15th meeting of SCO Council of Heads of Government will be held…
DetailsAn auction for privatization of state-owned properties in Azerbaijan will be held on November 1, Azerbaijani State Committee on Property Issues said. The auction will see 101 state properties and facilities put up for sale, including 23 joint-stock companies, 62 small enterprises and properties, as well as 16 vehicles. Joint-stock companies include enterprises operating in…
DetailsUkroboronprom State Concern will continue buying steel for new Dozor-B armored vehicles on the European Union (EU) market. The press service of the concern reported that the conditions of developing international industrial cooperation under the Dozor-B program were discussed during the negotiations with Poland’s Huta Stali Jakosciowych S.A., the European supplier of certified armored steel.…
DetailsNational energy company Ukrenergo in January-September saw a 4.3-fold rise in net profit YoY, to 1.741 billion UAH. The company said that its net revenue over the period grew by 36.1%, to 4.829 billion UAH and gross profit – by 52.3%, to 3.324 billion UAH. Ukrenergo saw 292.681 million UAH of net profit in 2015…
DetailsThe implementation of the imports replacement concept in the Ukrainian pharmaceutical sector is possible with the approval of the strategy for attracting foreign investment, President of the Association Manufactures of Medications of Ukraine (AMMU) Petro Bahriy has said. “The foreign direct investment attraction concept for the Ukrainian pharmaceutical sector should be drawn up, not the…
DetailsAccording to observations, winter wheat, sown as of October 10, emerged unevenly for the 15-17 day after the sowing. Thus, there is a possibility that warmth will not be enough for winter crops and vegetation will stop in the poorly developed condition “emergence – 3 leaves”. Last year winter crops stopped to vegetate on December…
DetailsIn January-September the sea terminal Nika-Tera (Sea Special Port Nika-Tera LLC, Mykolaiv, part of Group DF) shipped 1.287 million tons of grain cargoes, which is 51.32% of the general cargo turnover (2.508 million tons), the press-service of the company declared. The terminal also shipped 263.7 thousand tons of mineral fertilizers (10.51%) and 956.5 thousand tons…
DetailsThe surplus of Ukraine’s consolidated balance of payment in September expanded to $474 million compared to $16 million in the previous month, the National Bank of Ukraine (NBU) has reported. The surplus of the balance of payments in January-September was $1 million, whereas the deficit of the current account of the balance of payment in…
DetailsUkraine on October 29, imported record-breaking 43.858 million cubic meters of natural gas from Slovakia, according to data from the public joint-stock company Ukrtransgaz. The previous highest figure for imports from Slovakia in the 26-month history of gas imports from this country was recorded in October: daily imports exceeded 42 million cubic meters in the…
DetailsConstruction of the Atamyrat-Imamnazar (Turkmenistan) – Akina (Afghanistan) section of the Asian International Railway Transport Corridor (Phase 1) has been completed, the Foreign Ministry of Turkmenistan said in a message on October 31. Construction of the Turkmen-Afghan railway started on June 5, 2013. The total length of the transnational highway is 88 kilometers, 85 kilometers…
DetailsTurkmen President Gurbanguly Berdimuhamedov discussed the prospects of further expansion of partnership with Erol Tabanca, the head of Turkish Polimeks company, and Ahmet Calik, the head of Calik Holding, in Ashgabat. In particular, the issue of constructing the facilities of the Olympic Village by Polimeks in Ashgabat was discussed. The fifth Asian Indoor and Martial…
DetailsThe work on construction of the Trans-Adriatic Pipeline (TAP) in Albania continues successfully. Twenty-two kilometers of pipes have already been strung along TAP’s route in Albania and welding of around 14 pipes has been completed there, Albania’s Minister of Energy and Industry Damian Gjiknuri tweeted. The TAP project envisages transportation of gas from the Stage…
DetailsEx-Soviet republic Tajikistan marked the start of construction of a controversial $4 billion Rogun hydroelectric dam conceived in the Soviet era, the presidential press service said. The high-profile ceremony was held in Rogun some 100 km from the capital of Dushanbe and saw President Emomali Rakhmon spend an hour-and-a-half behind the wheel of a bulldozer…
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