South Korean company Evergreen Holdings plans to build a cement plant in Karakalpakstan. A relevant agreement was signed in Seoul between the representatives of “Uzkurilishmaterialary” and the Korean company. The total cost of the project exceeds $300 million. Evergreen Holdings intends to implement it in several stages based on the demand in Uzbekistan and neighboring…Details
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Turkey’s Ziraat Bank plans to open three more branches in Azerbaijan, bank’s Director General Huseyin Aydin declared on November 23. He reminded that at present, two offices of the bank – the head office and one branch – operated in Baku. “We plan to open the remaining three branches in the Azerbaijani districts, where industry…Details
In January-Octoberwater transport of Ukraine carried 0.5 million passengers, up by 30.2% YoY. According to State Statistics Committee of Ukraine, total passenger turnover in Ukraine climbed by 0.4%, to 3.851.6 million passengers. (PortNews/Business World Magazine)Details
Debts to the PJSC Kyivenergo for electricity consumed in October grew by UAH 300 million and reached UAH 2.9 billion, the company’s press service reports. Kyivenergo informed that utility enterprises and population remained the main debtors – UAH 1.52 billion and UAH 674 million of debts, respectively. “As of November 1 the arrears of enterprises,…Details
The recent GDP growth figures point to Belarus’ gradual economic recovery, Director of Alpari Eurasia Alexander Sabodin said during the online conference on November 22. “The transition from the two-year recession to the GDP growth is a sign that the hardest times are behind us,” he said. The expert stated, however, that the country’s economic…Details
Latvijas celu buvetajs, which is an association with ties to multiple road and bridge construction companies, invites deputies to support the proposal for the restoration of the State Road Fund, the association’s chairman Andris Berzins reported. “We have asked coalition deputies to admit multiple times that the gradual collapse of roads, especially regional and local…Details
340,000 bottles of counterfeit alcohol have been found in Kyrgyzstan, press service of the Ministry of Agriculture, Food Industry and Land Reclamation has reported. According to it, the violations were revealed during the planned inspection of the warehouses of Forester LLC by the employees of the Department for Regulation, Control over the Production and Turnover…Details