Uzbekistan: Dmitry Osovik to become production director of BAT Uzbekistan

Dmitry Osovik will become a director on production of British American Tobacco Uzbekistan (BAT Uzbekistan), BAT Russia said in a statement. Dmitry Osovik will be responsible for development of production at British American Tobacco’s division in Uzbekistan, including production of cigarettes, tobacco and supply chain, the company said. Prior to appointment, Dmitry Osovik worked as…

Belarus to step up cooperation with Zimbabwe

Belarus and Zimbabwe intend to step up cooperation in trade and economic affairs, the press service of the Embassy of Belarus in Russia reported after Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Igor Petrishenko met with Ambassador Extraordinary and Plenipotentiary of Zimbabwe to the Russian Federation with concurrent accreditation to Belarus Mike Nicholas Sango…

Azerbaijan: investments in Turkey to go up

Azerbaijan plans to increase investments in Turkey up to $20 billion until 2018, said Azerbaijan’s Economy Minister Shahin Mustafayev. “Currently, the volume of Azerbaijani investments in Turkey totals $8 billion”, said Mustafayev. He also noted that Turkey had invested nearly $10 billion in Azerbaijan. More than 1,700 Azerbaijani companies operate in Turkey and the number…

Kazakhstan: 90% of Industrialization Map projects working at full capacity in Karaganda region

71 projects have been implemented in Karaganda region under the Industrialization Map. 54 of them are running at full capacity now, according to Tolegen Igembayev, Head of the Regional Department for Industry and Industrial-Innovative Development. 94 projects worth more than 1350 billion tenge with the creation of over 11,000 jobs have been included in the…

Tajikistan: $2.877 billion in FDI attracted

Tajikistan attracted $6.663 billion in foreign investments in 2007-2015, according to the State Committee on Investment and State-owned Property Management (GosKomInvest). A totaled reportedly included $2.877 billion attracted in foreign direct investment (FDI), $3.785 billion of loans attracted by enterprises and organizations, and $1.8 billion of portfolio investment (portfolio investments include transactions in equity securities,…