National air carriers of Azerbaijan and Turkey are satisfied with the level of the current cooperation and intend to further expand it, said the Vice President of Azerbaijan Airlines CJSC (AZAL) Eldar Hajiyev. AZAL and Turkish Airlines have been carrying out flights under a code-sharing agreement for two years, said Hajiyev. “This allowed for further…
DetailsAt least 50,000 tons of Tash-Kumyr coal valued at 137.5 million soms will be purchased for Bishkek HPP, Electric Stations JSC reported. The company announced another tender for the purchase of fuel. The previous tender was canceled due to the fact that the committee members had questions as to coal caloric value. The procuring entity…
DetailsIn January-June foreign investors injected $4.7 billion into the Belarusian economy, the National Statistics Committee informed. The primary investors were economic operators of Russia (50.2% of the investment), the UK (20.5%) and Cyprus (7.5%). Foreign direct investments amounted to $3.9 billion. In H1 2016 Belarusian economic operators (except for banks) transferred Br2 billion in investments…
DetailsThe Deposit Guarantee Fund as part of the pre-sale preparations proposed to investors to appraise a pool of credits issued by Delta Bank being under liquidation secured by vegetable oil handling assets on the territory of Illichivsk port. According to a posting on the fund’s website, claims to 14 credits issued by Delta Bank worth…
DetailsIn 2015/2016 Russian wheat exports totaled 24.65 MMT, up by 15% YoY. Main tendencies of the finished season were the decrease in wheat purchases from Turkey and higher exports to Egypt. Thus, share of Turkey in Russian wheat exports decreased from 20% in 2014/2015 to 13% in 2015/2016. While the share of Egypt grew to…
DetailsIn January-July seaports of Russia increased the shipment volumes of grains by 16.9% YoY, to 15.3 million tons, the Association of Sea Commercial Ports of the Russian Federation announced. At the same time, in the reporting month some increase in mineral fertilizers shipment was observed – by 2.8%, to 9.3 million tons. The general cargo…
DetailsThe Russian ban on the supplies of food products established in 2014 contributes to development of domestic agro-industrial complex and should be extended after the end of its effective term (December 2017), the Minister of Agriculture of Russia Alexander Tkachev declared. “In order to further promote import substitution, increase the competitiveness of the domestic production…
DetailsYuzgas B.V. (the Netherlands), which won the tender for an investor in the production sharing agreement (PSA) for hydrocarbons extraction on Yuzivska field (Donetsk and Kharkiv regions), has undertaken an investment of $200 million in geological exploration during the first five-year phase of the PSA. “In particular, during the first year the sum will be…
DetailsWojciech Balczun, Chairman of the Board of PJSC Ukrzaliznytsia, expects to receive a billion-dollar investment into the development of Ukrzaliznytsia in the coming years. He said this at a meeting with representatives of the American Chamber of Commerce. “As for investments into rolling stock and infrastructure, we would like to attract $1 billion in two-three…
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