A poultry farm with an annual capacity of 6,000 tons of chicken meat is being constructed now in Schapovo settlement of Zelenovsky district in West Kazakhstan region. Governor of the region Altai Kulginov checked the course of construction works. He reported that 1.7 billion tenge had been allocated this year for the project under the…
DetailsPoland may use Kazakhstani ports on the Caspian Sea, President Nursultan Nazarbayev has said after the talks with his Polish counterpart Andrzej Duda in Warsaw. “Kazakhstan is ready to use Poland’s seaports and terminals which you have told us about. Poland may also use Kazakhstani ports on the Caspian Sea”, Nazarbayev noted. “Today, I have…
DetailsPinsk-based clothing manufacturing and trading association Polesye has recently increased its exports to Kazakhstan and Russia through its schoolwear supplies, Sergei Kasperovich, head of the company’s export department, reported. About 35,000 back-to-school items produced in Pinsk will go to Russian regions this summer. Polesye school clothes are on sale in stores of Moscow, Saint Petersburg,…
DetailsPayPal is preparing to receive accreditation in Azerbaijan, a source in the country’s e-payment systems market reported. PayPal has already selected the bank that will represent its interests in Azerbaijan, according to the source. The bank’s name was not revealed. “The issue of PayPal’s accreditation is currently the subject of discussion of the sides: after…
DetailsUzbekistan Temir Yollari (Uzbekistan Railways) commissioned into operation a new building of the railway station Andijan, the press service of the Uzbek company said. The station can provide services to up to 350 passengers an hour simultaneously. Earlier, the figure stood at 50 passengers an hour. During construction works, administrative building and ticket sales office…
DetailsPresidents of Kazakhstan and Poland Nursultan Nazarbayev and Andrzej Duda made a joint statement following their talks in Warsaw. According to Nazarbayev, Kazakhstan is rich in natural resources, but the country implements today a large-scale industrialization program. “In five years, we have commissioned 1,000 projects. Most of them are processing enterprises. Polish businessmen were invited…
DetailsMubarek Gas Processing Plant will have completed the project on production of granulated sulfur with nominal value of 80,000 tons a year by the end of 2016. Realization of the project will allow improving quality of the product up to international ecologic standards. The product will be comfortable for transportation, storage and processing, which will…
DetailsThe President of the Republic of Uzbekistan signed a decree to increase the wage of employees of budgetary institutions and organizations, pensions, stipends and grants on average 1.15 times (15%). The document comes into effect on October 1. According to the decree, the minimum wage rate on the territory of the Republic of Uzbekistan will…
DetailsKyrgyzstan expects increase in investments in 2017, Deputy Prime Minister of Kyrgyzstan Oleg Pankratov announced. According to him, countries of EEU remain the main market outlet for Kyrgyzstan. Meanwhile, the Eurasian Economic Union makes republic attractive for investors. “We have open market of 180 million people in front of us. Of course, there was no…
DetailsKazakh and Polish businessmen are going to sign bilateral deals worth $1 billion, the Head of State Nursultan Nazarbayev announced after the talks with his Polish counterpart Andrzej Duda in Warsaw, Poland. The businessmen will sign the contracts on August 23, during the Kazakh-Polish Business Forum. The Kazakh Leader noted that this was his third…
DetailsThe activity of JSC “Uzeltehsanoat” over the years of independence, achievements and future plans were discussed at the briefing held in the capital. The participants, comprised of business leaders, members of the company, noted that if in 2005 the volume of production was some 80 billion soums, in the first half of 2016 this figure…
DetailsIndian low cost airline GoAir received a permission to carry out flights to Uzbekistan. Local mass media reported that the Government of India had provided permission to GoAir to conduct flights between Uzbekistan and India. GoAir Chief Executive Officer Wolfgang Prock-Schauer said that the airline would start conducting flights to Uzbekistan from next summer schedule.…
DetailsGeorgia’s State Security Service said it had prevented an attempt of blowing up a part of a gas pipeline that supplied the Russian natural gas to Armenia. Five Georgian nationals were detained on August 20, for illegal purchase and storage of firearms, ammunition and explosives with the goal of carrying out a terrorist attack, the…
DetailsThe main objectives of the Association “Uzbekcharmpoyabzali” are to coordinate the activities of the industry via storing up and processing the raw leather, produce competitive leather products, shoes and leather goods, as well as introduce advanced technologies, modernize and technically re-equip the industry. Today the Association unites over 80 enterprises. The main directions of further…
DetailsThe Belarusian Potash Company (BPC) says the global potash fertilizer market is gradually getting back to normal on reports about new contracts made with India and China. With new long-term deals signed with India and China, the pressure on spot markets has reduced and potash prices started growing steadily in H2 2016. For instance, potash…
DetailsIn H1 2016, 5.4 billion cubic meters of gas and 1.3 million tons of condensate (nearly 10 million barrels) were produced at Azerbaijan’s Shah Deniz gas and condensate field, as compared to 5.2 billion cubic meters of gas and 1.2 million tons of condensate in the same period of 2015, said BP report on the…
DetailsBelarus’ expenditures on crude oil imports from Russia dropped by 24.8% YoY in January-June to $2.398 billion, Belstat said in an official report. In January-June Belarus purchased 11.522 million tons of Russian crude, up by 0.9% YoY, while expenditures on crude supplies from Russia decreased by $790.585 million. Belarusian oil refineries processed 23 million tons…
DetailsBelarus’ expenditures on natural gas imports from Russia dropped by 6.7% YoY in January-June to $1.257 billion, a source in the profile ministry reported. In H1 Belarus purchased 9.188 billion cubic meters of Russian gas, down by 2.8% YoY. Since early 2016 Belarus has repeatedly questioned whether the current price of Russian gas supplies is…
DetailsNew contracts of Belarus’ leasing companies dropped 2.4 times YoY in January-June to Br270.7 million ($140.3 million) as of July 1. Belarus’ Association of Lease Providers posted these figures in its semiannual report. The total portfolio of lease contracts stood at Br2.367 billion ($1.227 billion) as of July 1, down by 3.5% since January 1.…
DetailsBelarus’ chemical company OAO Grodno Azot says its nitrogen fertilizer exports dropped by 25.6% YoY in January-June to 107,600 tons (in terms of 100% nitrogen), a source in the profile ministry reported. In money terms exports shrank by 42.4% YoY to $52.349 million. The expert attributes shrinking proceeds to the decline in fertilizer prices. Grodno…
DetailsBelarusian Potash Company (BPC) shipped 32,589 tons of potash fertilizers to Turkey in January-June, up by 12% YoY. Potash export proceeds from Turkey-bound shipments dropped by 9% YoY to $13.5 million. Founded in September 2013, Belarus Potash Company (BPC) has regional dealerships in Delhi, Beijing, Singapore and Sao Paulo. BPC facilitates potash exports to Europe,…
DetailsThe 4th session of the Azerbaijan-Bulgaria Intergovernmental Commission on Trade and Economic, Scientific and Technical Cooperation is planned to be held in September in Baku. An exchange of views on strengthening cooperation between the two countries, as well as on the implementation of joint projects will be held during the session. A key aspect of…
DetailsJoint stock company Ahangarancement received licenses to use subsoils. According to the company, Comission of the Cabinet of Ministers of Uzbekistan on issuing licenses to use subsoil, containing industrial minerals issued the license to Ahangarancement. In particular, the company received the right to use subsoils to mine limestone at Urgazskom field and andesite at the…
DetailsSome 404.1 million tons of oil and 123 billion cubic meters of associated gas have been produced at the Azeri-Chirag-Guneshli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea since November 1997, First Vice President of the Azerbaijan’s state oil company SOCAR Khoshbakht Yusifzade said. He said that the…
DetailsProfit of national joint-stock company Naftogaz Ukrainy in 2016 could reach 16-18 billion UAH, Naftogaz Head Andriy Kobolev has said. “In H1 2016 profit will be around 21 billion UAH, and we expect 16-18 billion UAH of profit at the end of the year”, he said. He said that annual profit would be less than…
DetailsTwo Russian carriers have received a permission to operate flights to Azerbaijan on two routes from the new Zhukovsky International Airport in Moscow, said the website of Russian Federal Air Transport Agency (Rosaviatsia). The protocol of the interdepartmental commission on the admission of carriers to perform international transportation, posted on the website of Rosaviatsia said…
DetailsRussia’s communications ministry has worked out draft amendments to the connection law to ensure integrity, faultlessness and stability of local Internet, and the measures were discussed at a meeting on Thursday. A person familiar with the matter said the meeting was held by Deputy Communications Minister Alexei Sokolov and attended by presidential aide for the…
DetailsThe Russian government will grant 48 billion rubles of guarantees to the military companies, which are fulfilling a state order, in 2016, according to a ruling published at the government’s web site for disclosure of legal information. The guarantees will be granted against loans raised by the Khrunichev State Research and Production Space Center, air…
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