Belarus and Turkmenistan are able to raise trade to $1 billion, Ambassador Extraordinary and Plenipotentiary of Belarus to Turkmenistan Oleg Tabanyukhov declared on March 29. “Our embassy should treble our efforts. Our task is to raise the trade to $1 billion. Today we are exploring the ways to accomplish this task,” Oleg Tabanyukhov said. In…
DetailsThe process of inventory of two troubled commercial banks – Tajprombank (Tajik Joint-Stock Commercial Industrial Bank for Reconstruction and Development) and Fononbank – is going on and special administrators appointed by the court say the banks have enough assets to settle with their customers. The banks began paying out savings starting from March 16. The…
DetailsIn 2017, Kherson region is expected to raise investments worth $250 million thanks to building new alternative energy facilities within its area, Kherson Regional State Administration Head Andriy Hordeyev has stated in a report on the administration’s management performance for 2016. “In 2017, thanks to new energy facilities, we expect to reach 250 megawatts of…
DetailsDTEK Naftogaz has announced a tender to select a contractor for drilling four wells at the Semyrenkivske gas condensate field, the company has reported. All wells are slant wells, their depth is 5,500-5,700 meters. The drilling is to be finished in 2017-2019. Bids can be submitted until April 20. The conditions of the offer meet…
DetailsOnce the sale of Sberbank of Russia’s subsidiary in Ukraine is closed, the bank will be renamed Norvik Banka. “The bank will be renamed. By all appearances, its name will be Norvik Banka, because it will be a subsidiary of European bank Norvik Banka,” Russian-born businessman Grigory Guselnikov said. The change in the bank’s brand…
DetailsUkraine exported 2,900 tons of cranberries and bilberries in 2016, up 3.3-fold YoY, Ukraine’s Agricultural Policy and Food Ministry has reported. The largest importers of Ukrainian berries were Poland (1,400 tons), the Netherlands (613 tons) and Belarus (541 tons). In general, exports of cranberries and bilberries brought $6.9 million of currency income last year. The…
DetailsKazakh barley exports turned down again in January. 89.8 KMT of this commodity was shipped for export in January against 148 KMT in January 2016 (down by almost 40%). Thus, Kazakhstan exported 27% less barley in the five months of the current season compared to the same period a year ago (445 KMT against 609…
DetailsIn 2016, the exports of goods from Ukraine totaled $36.4 billion, a decrease of 4.6% compared with 2015 (down by $1.8 billion), the Ministry of Economic Development and Trade of Ukraine reported. According to the announcement, there was a significant slowdown in the rates of exports falling in comparison with the beginning of 2016. In…
DetailsThe first presentation of Belarus compact tractors made at the Bobruisk Plant of Tractor Parts and Units took place at Junction 24, one of the largest livestock markets of the UK Sedgemoor Auction Center. The presentation of Belarusian products was organized by the Banwell-based company Belarus Tractors Ltd. Since 2016, this company has been the…
DetailsA major trade fair of Uzbekistan’s exports, including auto goods and food products, is expected to take place in Dushanbe next month, according to the press center of Tajikistan’s Chamber of Commerce and Industry (CCI). Organized by Tajik and Uzbek CCIs and Uzbek national exhibition company Uzexpocenter under support of the governments of Tajikistan and…
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