Ukraine: TIU to build 10 MW solar plant in area of Nikopol Ferroalloy Plant

TIU Canada is launching the construction of a 10 MW solar power plant in the territory of Nikopol Ferroalloy Plant, the company’s press service has reported. TIU is owned by the Canadian investment company Refraction Asset Management. Nikopol Ferroalloy Plant is the largest Ukrainian enterprise for production of silicomanganese and ferromanganese. The plant is controlled…

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Tajikistan: Dushanbe bus terminal awaiting permission to operate services to Uzbekistan

Dushanbe bus terminal, Asian Express Terminal, is waiting for answer to its proposal to re-launch bus routes between Tajikistan and Uzbekistan. Deputy Director General of the Closed Joint Stock Company (CJSC) Holding Asia Group Tajikistan Sulton Kamolov says they have already discussed this issue with representatives of the Uzbek Embassy in Dushanbe. “They have expressed…

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Azerbaijan: S&P expects Kapital Bank’s market share to increase

Standard & Poor’s (S&P) Global Ratings expects that Azerbaijan’s Kapital Bank OJSC will likely increase its already material market share, while its operating revenues continue increasing progressively and its profitability remains high, according to an S&P report. S&P confirmed the credit rating of the Azerbaijani bank at BB-/B level with a negative outlook. Meanwhile, the…

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