Kyrgyzstan: electricity consumption down

Electricity consumption in Kyrgyzstan decreased, the National Electric Network of the Kyrgyz Republic JSC reported. According to recent reports of the central dispatching service of the company, in July distribution companies consumed 555.11 million kilowatt-hours. Last year, consumption was 570,599 million kilowatts. It should be noted that according to the decision of the government on…


Russia: airshows attracting interest to military aircraft

Various expositions, shows and competitions, including Aviadarts, contribute to attracting international interest to Russian military planes and helicopters, Russian Aerospace Forces Commander Col. Gen. Viktor Bondarev said. “If we did not show the achievements of our technology, no one would probably buy it. Representatives of foreign states watch it (technology) join service with our troops,…


Russia: RZHD to participate in Rasht-Astara railway project implementation

Russian Railways is interested in taking part in implementation of the Rasht-Astara railway project of Azerbaijan and Iran, First Vice President of Russian Railways Alexander Misharin said. “Russian Railways has repeatedly expressed interest – including at my recent meeting with the Iranian Railways deputy head Ahmad Khodaei – to participate in implementation of the project…


Belarus: Tajikistan interested in buying more agricultural machines

Economy Ambassador Extraordinary and Plenipotentiary of Belarus to Tajikistan Oleg Ivanov met with the Chairman of the Board of the Eurasian Development Bank (EDB) Dmitry Pankin and Deputy Agriculture Minister of Tajikistan Zevarsho Zevarshoyev, the press service of the Belarusian Ministry of Foreign Affairs reported. Participants of the meeting were made familiar with progress in…


Uzbekistan: MTS sells its stake in UMS

SUE “Center of radio communication, broadcasting and television” and MTS signed an agreement to acquire shares of MTS in the authorized fund of JV LLC “Universal Mobile Systems” in the amount of 50.01% of the authorized fund. Thus, SUE “CRCBT” became the sole founder of the mobile operator “Universal Mobile Systems”. As reported on the…


Kazakhstan: Massimov familiarizes with modernization of Pavlodar Petrochemical Plant

During his working trip to Pavlodar region, Prime Minister Karim Massimov visited Pavlodar Petrochemical Plant. The Prime Minister was informed of the course of the plant’s modernization program and a unique complex for deep processing of oil. Besides, Massimov inspected the mechanism for primary processing of oil. Pavlodar refinery modernization project is a part of…


Uzbekistan: delegation of Korea Telecom visits FIEZ Navoi

A delegation of Korea Telecom led by Vice President Mr. Baek-hee Lee paid a visit to the free industrial zone Navoi.

During the meeting the current state and prospects of cooperation in investment spheres were discussed.

Korea Telecom is one of the leading companies in Korea introducing universal telephone and communication services. (UzDaily/Business World Magazine)

Azerbaijan: car plant groundbreaking ceremony held

A groundbreaking ceremony for construction of a joint Azerbaijani-Iranian car plant was held on August 6, in Azerbaijan’s Neftchala industrial quarter. The plant is a joint project of Azerbaijan’s AzEuroCar LLC and Iran’s giant automaker Iran Khodro. Azerbaijan’s Economy Minister Shahin Mustafayev and Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh participated in…


Belarus: BelOil redirecting export flows

Belarus Petroleum Company (BelOil) has redirected part of its export routes from Ukrainian ports to Lithuania’s Klaipeda, a source in the profile ministry said. The redirection is connected with more favorable logistic conditions. Belarus Petroleum Company (BelOil) was founded in May 2007. The main shareholder is Belorusneft (52% of shares), with Naftan and Mozyr refineries…


Belarus: China-Europe container transportation up in H1 2016

In January-June Belarusian Railways increased the volume of container transportation in the Chinese direction 2.5 times YoY, Alexander Yevsyuk, First Deputy Head of the Freight Operations and Foreign Economic Operations Service of Belarusian Railways, reported. “The Chinese direction is the most promising transit one. We participate in the implementation of the Chinese initiative aimed at…