Kyrgyzstan: GDP down in H1 2016

Kyrgyzstan’s GDP fell by 2.3% in the first half of 2016, Deputy Chairman of the National Statistics Committee of KR Lyuksina Tekeeva reported today at a press conference. According to her, since the beginning of the year, GDP amounted to slightly more than 176 billion soms. It decreased compared to 2015, although the drop is…


Kazakhstan: electric cars to be exported to foreign countries

Prime Minister of Kazakhstan Karim Massimov familiarized with development of the car industry in Kazakhstan during his visit to “SaryarkaAutoProm” LLP in Kostanay. Massimov familiarized with the technological process, checked out the assembly shops and ready cars, grain harvesters and Kazakhstani electric cars as well. Massimov and heads of the company discussed the problems of…


Ukraine: Energoatom seeking to cooperate with Spain’s IDOM in engineering

Representatives of National Nuclear Generating Company Energoatom have discussed a possibility of cooperation in infrastructure and engineering projects with Spain’s IDOM Ingenieria, the company’s press service reported. The press service said that special attention was paid to IDOM projects implemented in the nuclear and energy sector: stress tests at all Spanish nuclear power plants (NPPs),…


Ukraine: Dowty Propellers to deliver parts for new An-132D built for Saudi Arabia

Britain’s Dowty Propellers will supply propeller systems for the engine of new multipurpose An-132D aircraft built at the facilities of Antonov State Enterprise (Kyiv), part of Ukroboronprom State Concern, under a contract with Saudi Arabia. Information about the signing of the agreement between Dowty Propellers and Antonov to supply two R-408 six-blade propeller systems for…


Ukraine: energy consumption to drop

Ukraine should reduce energy consumption by 5% every year, European Commissioner for Neighborhood Policy and Enlargement Johannes Hahn said. “Energy efficiency is one of the key goals of our joint initiatives”, he said. “Our goal is to improve energy efficiency by 5% every year”, Hahn said. He said that Ukraine should focus on energy efficiency…


Ukraine: winter and spring crops condition

Early in July hot weather conditions persisted in Ukraine with local rains and lightning. Along with this, in the dry regions soil moisture stocks decreased considerably, which can lead to higher number of shriveled grain. High temperatures contributed to the intensive growth of grain crops and speeded up the stages of their development Winter wheat…


Ukraine: barley prices down in July 2016

Ukrainian barley prices decreased. By the end of last week export prices for new crop barley had fallen by $4-5.

Domestic prices declined by 150-250 UAH last week. By July 11 farmers had gathered barley from 35% of the intended area. An average productivity is almost 11% higher than last year. (UkrAgroConsult/Business World Magazine)


Ukraine: UIA advocates liberalization of aviation market with eastern countries

Ukraine International Airlines (UIA, Kyiv), the largest Ukrainian airlines, believes that the aviation market with eastern countries should be liberalized, UIA President Yuriy Miroshnikov said. “The European market is liberalized enough. Dear managers of the sector, use your liberalization efforts in the East. There are examples of liberal approach, such as Georgia, Kazakhstan, and tough…