Uzbekistan: pharmaceutical plants construction starts at SIEZ Navoi

Indian pharmaceutical company Bravo Pharmaceuticals Pvt. Ltd. Started construction of the plant on production of ready medicaments at the special industrial-economic zone “Navoi”. Bravo Pharmaceuticals, registered at SIEZ Navoi, will produce medical products in line with the WHO EU GMP standard. The project cost is about $2.6 million. The project will provide jobs for 100…


Georgia: wine exports up in H1 2016

Georgia exported 19.8 million 0.75-liter bottles of grape wine in January-June, up by 44.5% YoY, the National Wine Agency of the Ministry of Agriculture said. Revenue from wine exports to 40 countries grew by 18% to $46.6 million. According to the agency, the biggest importer was Russia with 10.198 million bottles, up by 56% YoY,…


Russia: coal exports up in H1 2016

In January-June Russian coal exports climbed by 13.3% YoY, to 78.97 million tons, the Ministry of energy said.

In June coal exports totaled 14.6 million tons.

Coal production in June totaled 13.84 million tons. (Portnews/Business World Magazine)

Belarus: Slovakia business forum to make part of Slavonic Bazaar

The Belarusian-Slovak business forum titled as Innovations is a Way to Successful Integration will take place as part of the international art festival Slavonic Bazaar in Vitebsk on July 12-14, the Vitebsk Oblast marketing center informed. The forum provides platform for meetings of Belarusian authorities and businessmen with foreign partners: international organizations, businessmen and financial…


Kyrgyzstan: 680 million soms allocated for financing construction of Balykchy – Korumdu road

At least 680 million soms have been allocated for financing construction of Balykchy – Korumdu road, the Ministry of finance reported. These funds are provided from the republican budget under the article “Capital expenditures”. According to the list of construction projects, in 2015 the reconstruction of Balykchy – Korumdu road received additional 180 million soms.…


Ukraine: universities begin preparing subject matter specialists for defense industry

Vinnytsia National Technical University has received a license for opening “Arms and military equipment” specialty. The decision was adopted due to the support of the state concern UkrOboronProm, that officially initiated and supported the new specialty creation. “UkrOboronProm brings back prestige to defense industry employment. We contribute to education process improvement and introduction of required…


Ukraine: IT-experts among the most qualified profession representatives on the world market

This was announced by deputy managing director at Luxoft Ukraine Oleksandra Alkhimovich during the Kyiv International Economic Forum “Technology 4.0 VS Ukrainian industry. How to reduce the gap?”. “We are listed among top 30. Sometimes, our specialists redo the task after highly thought of experts”, she said. The deputy managing director at Luxoft Ukraine noted…