The European Investment Bank (EIB) has provided the second senior loan of EUR 20 million to AccessBank. The loan will be utilized by AccessBank to provide financing to small and medium enterprises in Azerbaijan. Since AccessBank is a leading bank in Azerbaijan specialized in providing financial services to local micro and SME businesses in the…Details
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Ukraine: government approves project to build unit 4 of Dnistrovska hydroelectric pumped storage power plant
Ukraine’s Cabinet of Ministers has approved a project on construction of the second stage of Dnistrovska hydroelectric pumped storage power plant, consisting of unit 4. As reported, the hydroelectric generation development program until 2026 approved by government resolution No. 552-r dated July 13, 2016 envisages the start of construction of unit 4 in 2017 and…Details
It is possible to reduce the cost of gas for the end-consumer by introducing a competition on the gas market and an energy efficiency reform, Deputy Prime Minister – Minister of Regional Development, Construction and Housing and Communal Services Hennadiy Zubko said during an Hour of questions to the government. “How can we reduce the…Details
Shareholders of the Open Joint-Stock Company (OJSC) Tojik Sodirot Bonk (TSB), which is Tajikistan’s second largest commercial bank, will discuss the results of the bank’s activity and its further fate at an annual meeting of shareholders that will take place in Dushanbe on April 29. In accordance with the decision of the TSB Supervisory Board,…Details
Russian Lada cars are still the most popular brand in Kazakhstan, Kazakh Union of Automobile Industry Enterprises said in a message. In February official dealers in the country sold 467 Lada cars. Japanese Toyota was the second best seller in Kazakhstan with 465 cars sold in the reporting month. French Renault with 238 cars sold…Details
Dushanbe authorities have launched two new routes and introduced changes to a number of operational routes. Thus, Dushanbe authorities have launched a new minivan route from Chortut area to the Dushanbe city Southern Gate. Minivan No. 42 runs along this route. The Dushanbe administration has also re-launched a trolleybus route from Qariyai Bolo to the…Details
Labor minister A. Abduhakimov received the World Bank mission, led by Afrah al-Ahmadi, senior specialist on private sector Christopher David Miller, senior economists of the World Bank Mohamed Ihsan Ajwad and Oleksiy Sluchinskiy. The purpose of the meeting was extensive consultation on the concept, scope and content of the components of the project initiated by…Details