An agreement has been reached between Farma-Shah LLC (Azerbaijan) and a Turkish company on the export of Azerbaijani tea to Turkey, the Ministry of Economy said in a statement on November 6. Also, the negotiations on the export of raw materials used as an additive in cement production have been held between Nakhchivan Cement Plant…Details
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The first plant in Central Asia, on the basis of which the industrial production of frozen French fries and potato flakes will be launched in November, has been built in Uzbekistan. The production capacity of the plant will be up to 20,000 tons of finished products per year. Work on the project has been going…Details
It is necessary to increase electricity tariffs in Kyrgyzstan, the Minister of Economy of Kyrgyzstan Oleg Pankratov said at a government meeting on November 6. According to him, the power industry is working at the limit of opportunities, and new industrial enterprises cannot be connected to the networks due to the overload of substations. “We…Details
Gabriel Paun, the founder of the Agent Green Association (Romania), says lab results confirm that 48% of the soybean cultivated in the tested areas across Ukraine is genetically modified. “We’ve chosen six key regions in Ukraine, which are altogether producing more than half of Ukraine’s soy. And from each region we took ten samples from…Details
According to the results of the first 9 months of 2018, bank’s operating income amounted to 4 billion UAH, up almost 2-fold YoY. Net interest income before provisions amounted to 2.96 billion UAH, whereas net commission income amounted to 1.19 billion UAH. Bank’s equity amounted to 6 billion UAH. According to the results of the…Details
Electric cars will be exempt from value-added tax (VAT) in Armenia if they are not re-exported within a year after the day of the import, when amendments to the existing tax code are approved. The vehicles, according to the proposed changes, cannot be exported to the countries of the Eurasian Economic Union (EAEU). If approved,…Details
Georgia exported about 68.3 million bottles of wine to 53 countries in the first 10 months of 2018, announces the Georgian National Wine Agency. In January-October Georgia generated $162 million from the sale of wine abroad. Revenue increased by 20% YoY, while the volume of exports grew by 12%, said the Georgian National Wine Agency.…Details