In January-May the Belarusian automobile engineering company BelAZ exported 120% more merchandise in comparison with the same period of last year, BelAZ representatives reported. This year BelAZ products have been exported to 22 countries. In January-May export to Russia rose 2.2-fold YoY. Export to non-CIS states went up by 130%, with export to CIS states…
DetailsDushanbe Mayor Rustam Emomali has inaugurated Tajikistan’s largest water park. The Dushanbe Water Park with an area of 20,000 square meters has been constructed by Tajikistan’s Sokhtmoni Makhsus (Special Construction) Company in cooperation with Preston & Barbieri (Italy), according to the Dushanbe mayor’s office. More than 63.6 million somoni have reportedly been spent for construction…
DetailsUkrainian businessman, owner and president of DCH Group Oleksandr Yaroslavsky is ready to purchase another Ukrainian bank if his bid to acquire Prominvestbank (PIB) fails. “I will expand my presence in the financial segment. If I am unsuccessful with PIB, I’ll look at other banking institutions. I have acquired several large industrial assets, and now…
DetailsUkrainian enterprises in May imported gas at an average price of UAH 5,507, or $208.38 per 1,000 cubic meters, down by 10.2% MoM, according to the website of the Ministry of Economic Development and Trade. In January the price of gas imports was $229.51 (UAH 6,033), in February some $246.88 (UAH 6,682), in March some…
DetailsUkraine saw a 0.9% YoY decline in agricultural production in January-May, according to the State Statistics Service of Ukraine. In particular, agri-businesses reduced output by 1%, while private farmers’ production was 0.8% down. The report cites the data in constant 2010 prices without taking into account the temporarily occupied territory of the Autonomous Republic of…
DetailsAlmost 90% of cars produced at the new plant BelGee will be shipped for the Russian market, Belarus Industry Minister Vitaly Vovk said. “Geely company will buy almost 90% of our cars for the distribution on the Russian market,” the minister said. According to Vitaly Vovk, if in the coming years the factory reaches the…
DetailsThe public joint-stock company Kyivenergo has asked the National Commission for Energy, Housing and Utilities Services Regulation (NCER) to review the investment program of the company for 2017 and add UAH 26.4 million (VAT included) spent on the provision of stable power supply to the Eurovision 2017 contest facilities. According to the company, all steps…
DetailsThe role of international business service centers keeps increasing in the global economy. In Latvia, however, their potential remains largely unexplored, says New Hanza City project’s developer Pillar representative Guntars Cauna. Business centers’ specifics are dictated by their functions, says Cauna. The most common functions are accounting or wage management, data processing and functions that…
DetailsTajikistan’s privately owned air carrier, Somon Air, is carrying out negotiations with the Boeing Company on purchasing two Boeing 737 MAXs. Daniel L. Miller, regional Director for Business Operations, Sales and Support at Boeing Company, gave presentation of Boeing 737 MAX in Dushanbe on June 15, according to the Somon Air press service. The event…
DetailsDistribution companies should buy electricity from small hydropower plants at 4.7 soms per kilowatt-hour, Azamat Omorov, Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of the Kyrgyz Republic, said at a meeting of the Committee for Agrarian Policy, Water Resources and Ecology. According to him, the first stage of the tender…
DetailsTurkmen farmers fulfilled the state order for wheat production by 25% as of June 16, the Turkmen government said. The wheat harvesting started on June 7 in four of five provinces of Turkmenistan. Some 400,000 tons of wheat have been harvested. Some 1,600 tons of grain are planned to be collected from a 760,000-hectare area…
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