Georgia: PM and Stadler talk factory plans

Plans for launching a factory of Stadler Rail, an internationally recognized rail technology company, in Georgia were discussed at a meeting between Georgia’s prime minister Irakli Garibashvili and Stadler Chairman of the Board of Directors of the company. Garibashvili and Peter Spuhler, the interim CEO of the Switzerland-based company, reviewed the possibility of building a…

Ukraine: vehicle production down in January 2021

In January, Ukraine manufactured 604 vehicles, down by 29% YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (UkrAutoProm). In particular, Ukrainian enterprises manufactured 576 cars, down by 24%. Some 251 cars were produced by ZAO Eurocar and 325 cars by PJSC Zaporizhzhia Automobile Building Plant (ZAZ). Ukraine manufactured four commercial vehicles in January, down…

Kazakhstan: government and Tatneft sign agreement on machine building development

Deputy Prime Minister of Kazakhstan Roman Sklyar and director general of Tatneft PJSC Nail Maganov have signed an agreement on participation in machine building development. The document provides for opening a high-tech manufacturing of automobile tyres in Kazakhstan, creating new jobs, meeting demands of the domestic market and boosting export potential. During the meeting the…