Uzbekistan: MTS sells its stake in UMS

SUE “Center of radio communication, broadcasting and television” and MTS signed an agreement to acquire shares of MTS in the authorized fund of JV LLC “Universal Mobile Systems” in the amount of 50.01% of the authorized fund. Thus, SUE “CRCBT” became the sole founder of the mobile operator “Universal Mobile Systems”. As reported on the…

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Kazakhstan: Massimov familiarizes with modernization of Pavlodar Petrochemical Plant

During his working trip to Pavlodar region, Prime Minister Karim Massimov visited Pavlodar Petrochemical Plant. The Prime Minister was informed of the course of the plant’s modernization program and a unique complex for deep processing of oil. Besides, Massimov inspected the mechanism for primary processing of oil. Pavlodar refinery modernization project is a part of…

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Azerbaijan: car plant groundbreaking ceremony held

A groundbreaking ceremony for construction of a joint Azerbaijani-Iranian car plant was held on August 6, in Azerbaijan’s Neftchala industrial quarter. The plant is a joint project of Azerbaijan’s AzEuroCar LLC and Iran’s giant automaker Iran Khodro. Azerbaijan’s Economy Minister Shahin Mustafayev and Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh participated in…

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