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…Details
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…Details
Prime Minister Karim Massimov has familiarized with the progress of construction of a bridge across the Irtysh River during his working trip to Pavlodar region. The project was launched under the Nurly Zhol program and is planned to be commissioned in December 2016. The project aims at construction of the largest bridge in Central Asia,…Details
Relations between Azerbaijan and Iran have never been at such a high level as now, said Azerbaijan’s Economy Minister Shahin Mustafayev. Mustafayev made the remarks on August 6, at a meeting dedicated to laying foundation for a joint car plant with Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh. He said Iran’s investments…Details
GM Uzbekistan, an Uzbek-US automobile maker, shipped the first batch of Ravon R2 automobiles to Kazakhstan, the press service of the company said. The second batch of Ravon R2 cars was also sent to Russia. Soon, the company plans to ship the first batch of NexiaR3 cars to Russia. Nexia R3 became the first model…Details
ERU Trading (a subsidiary of Energy Resources of Ukraine) jointly with Poland’s national oil and gas company PGNiG have started natural gas supplies from Poland to Ukraine, ERU Trading has said. “ERU Trading and PGNiG made first natural gas supplies from Poland to Ukraine to industrial consumers on the domestic market”, the company’s press service…Details
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)
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…Details
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…Details
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…Details
Belarusian Railways jointly with the Polish operator is planning to launch the Grodno-Warsaw-Krakow rail service in September, first deputy head of passenger service of Belarusian Railways Andrei Kashko said. “The volume of passenger traffic to Poland has been growing. Together with our Polish colleagues we are planning to launch the train from Grodno through Warsaw…Details
A council of exporters will be set up under the aegis of the Belarusian Ministry of Foreign Affairs, representatives of the Ministry’s Foreign Economic Affairs Department said. The establishment of the council of exporters is stipulated by the national program on supporting and developing export in 2016-2020. The council of exporters is expected to include…Details
Belarus will continue negotiating its accession to the World Trade Organization (WTO), representatives of the Foreign Economic Affairs Department of the Belarusian Ministry of Foreign Affairs reported. The negotiations will be aimed at shaping and agreeing upon balanced and favorable terms of Belarus’ membership in the World Trade Organization. Work to that effect will be…Details
Belarus’ Council of Ministers approved of the national export promotion program for 2016-2020 and a roadmap for its implementation. The plan is outlined in Decree No. 604 of August 1, the press service of the Belarusian government reported. “The national program does not provide a detailed forecast for external trade in 2016-2020 but spells out…Details
Electrical power output of Belarus’ power generating companies reduced by 2.8% YoY in January-June, to 16.6 billion kilowatt-hours (kWh), an official with the National Statistics Committee of Belarus (Belstat) reported.
Thermal energy output in H1 2016 went up by 0.9% YoY, to 32.8 million gigacalories. (Prime-TASS/Business World Magazine)