Ukraine: Kyivenergo shareholders decide to divide company in types of activities

Shareholders of the public joint-stock company Kyivenergo have decided to reorganize business via dividing the company into types of activities, the company’s press service has reported. After the reorganization of Kyivenergo two new companies will be created: one will distribute electricity and operate power lines, and the other will supply electricity. This division is required…

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Turkmenistan: cooperation with IDB mulled

Turkmenistan’s Ministry of Foreign Affairs held talks with Hisham Taleb Maarouf, acting director of the Islamic Development Bank’s (IDB) regional office for Central Asia, said the ministry in a message. During the meeting, the parties expressed commitment to further consolidate efforts, according to the ministry. Expressing hope for fruitful cooperation on the reconstruction of neighboring…

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Ukraine: AvtoKrAZ supplies another batch of vehicles to Ukrgazvydobutok

AvtoKrAZ (Kremenchuk, Poltava region), the only Ukrainian manufacturer of heavy trucks, has delivered another batch of KrAZ-65032 (6×6) all-wheel drive dump trucks of the Euro 5 ecological class to Ukrgazvydobutok, the company’s press service has said. According to the announcement, the vehicles were delivered under the agreement signed following the results of the tender won…

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Ukraine: 60,000 tons of sugar exported

Sugar exports from Ukraine since early 2017-2018 agricultural year (September-August) totaled 59,300 tons, the Ukrtsukor national association of sugar producers has reported. The association said in a press release that in October Ukrainian companies exported 42,300 tons of sugar, up 2.5-fold MoM. “In October, exporters shipped 2.5 times more sugar than in the previous month…

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Azerbaijan: four bridges constructed

Four bridges have been constructed in Azerbaijani Agstafa district, Azeravtoyol OJSC reported. Three bridges were built on the Agstafa-Poylu-Georgian state border highway and one bridge on the Agstafa-Poylu-Duzgishlag-Gazakh highway to ensure comfortable and safe movement of the citizens. New bridges were built across Agstafachay, Ajiderechay and Kura rivers, as well as over the railway. The…

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Ukraine: Kyiv International Airport most popular international directions in October 2017

Kyiv International Airport (Zhuliany) has informed that the most popular international directions in October were Minsk, Dubai, Budapest, Ankara, and Warsaw. “The most popular international directions in October were Minsk (Belarus), Dubai (UAE), Budapest (Hungary), Ankara (Turkey), Warsaw (Poland). Among domestic flights, Odessa, Zaporizhzhia and Lviv are in the lead,” according to a press release…

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Turkmenistan: new port to open huge opportunities for optimizing transport flows

President of Turkmenistan Gurbanguly Berdimuhamedov inspected the construction of a new international sea port in Turkmenbashi on the Caspian shore. The project is being implemented by Turkey’s Gap Insaat. The project is an important part of Turkmenistan’s complex industrialization, said Berdimuhamedov, adding that its implementation would create more than 2,500 jobs. It was noted that…

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Ukraine: central bank allows Tigipko to buy Sberbank’s Lviv-based subsidiary

The National Bank of Ukraine (NBU) has allowed Ukrainian businessman Sergiy Tigipko to buy a 99.9% stake in Russian Sberbank’s Ukrainian subsidiary VS Bank, based in Lviv, according to the regulator’s website. “The National Bank of Ukraine has allowed Ukrainian citizen Sergiy Leonidovych Tigipko to buy 99.9% of VS Bank’s charter capital through indirect major…

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Estonia: Tallinn-Tartu highway’s first 2+1 passing zone opens to traffic

The first 2+1 lane passing zone on Tallinn-Tartu Highway, built at the 131-135.1 kilometers between Annikvere and Neanurme, has been completed and partially opened to traffic. Two consecutive passing zones, respectively 1.5 and 1.3 kilometers in length, were constructed on the 4.1-kilometer length of the highway between the villages of Annikvere and Neanurme, the Estonian…

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