Azerbaijan: president allocates funds for road construction in Zardab

Azerbaijani President Ilham Aliyev has signed an Order regarding measures to construct Zardab-Garavalli road in Zardab.

Under the presidential order, the Azerbaijan Highway State Agency is allocated 3.9 million manats for the construction of the road connecting six residential areas with a total population of 7,000 people. (AzerNews/Business World Magazine)

Uzbekistan: Deutsche Bahn to reform national rail carrier

Uzbekistan is negotiating to attract Germany’s Deutsche Bahn for reforming Uzbekistan Railways. “Now we are working with Deutsche Bahn, a German state-owned company, the world’s largest railway freight carrier. We are now negotiating with them to attract their experts and consultants to develop a strategy for further activities of Uzbekistan Railways,” said Laziz Kudratov, the…


Ukraine: foreign reserves up in 2018

Ukraine’s international reserves in 2018 grew by 10.6% YoY, to $20.820 billion, updating a five-year record, according to the National Bank. The last time such figures were reported was in October 2013. The regulator said the reserves were successfully accumulated due to Ukraine securing external financing and the NBU buying up the excessive currency on…


Ukraine: defense enterprises announce 43,000 tenders in 2018

Enterprises of the State Concern Ukroboronprom announced more than 43,000 commercial electronic tenders in 2018, the press service of the concern reports. “In 2018, more than 43,000 commercial electronic tenders were created by the enterprises subordinated to the State Concern Ukroboronprom. In general, since the launch of electronic trading platforms, the number of announced tenders…