Ukraine: NBU declares Bank Boguslav insolvent

The National Bank of Ukraine (NBU) has declared PJSC Bank Boguslav (Kyiv) insolvent, according to the central bank’s website. The NBU Board made corresponding decision No. 708-RSh/BT on November 6. “As of November 1, Bank Boguslav had not ensured the implementation of measures foreseen in the previously approved restructuring plan with respect to raising charter…

Details

Turkmenistan: new promising oil and gas structures discovered

Turkmenistan, enjoying vast of hydrocarbon resources, has prepared about 300 prospective oil and gas structures for deep drilling. This was stated by Shahim Abdrakhmanov, chairman of the state corporation Turkmengeology, at the international conference entitled “Oil and Gas of Turkmenistan – 2017”. Energy rich nation of Turkmenistan has opened about two hundred oil and gas…

Details

Turkmenistan becoming transport and logistics hub of international importance

Turkmenistan is turning into a country of major transport and logistics hubs of interregional and intercontinental importance located along the Silk Road, the country’s President Gurbanguly Berdimuhamedov said in an appeal to employees of the state customs service in connection with their professional holiday. Turkmenistan’s positions in the global economic space are being strengthened, he…

Details

Ukraine: Severodonetsk Azot resumes production of ammonium nitrate

PJSC Severodonetsk Azot (Luhansk region) has resumed production of ammonium nitrate, the company’s website reports. “We have renewed work on the entire technological chain – from accepting ammonia to obtaining mineral fertilizers. And we’ve renewed the work of power units and two technological departments: production of nitric acid and production of ammonium nitrate. The mineral…

Details

Estonia: Elron to increase ticket prices

The Estonian state-subsidized Elron, which operates passenger rail service across Estonia, is increasing ticket prices for its electric and diesel trains by 3% to 5% on average. The new prices will take effect on December 10. “Beginning on December 10, the procedure for calculating infrastructure fees will change,” explained Elron sales and development manager Ronnie…

Details