Belarus hopes to set up assembly plants for its MTZ and Amkodor vehicles in Turkey, Belarus’ Minister of Foreign Affairs Vladimir Makei said. “We believe that the level of our relations with Turkey should be much higher. We should enter a level of industrial cooperation to implement joint mutually beneficial projects in different countries, set…
PJSC Kriukov Car Building Works (KCBW, Poltava region) and PJSC Ukrzaliznytsia intend to cooperate in production and modernization of rolling stock for Ukrainian railways as the parties have signed a corresponding memorandum. According to the press service of Ukrzaliznytsia, the document was signed by KCBW head Volodymyr Prykhodko and Ukrzaliznytsia chairman Wojciech Balczun, as well…
Ukrainian Prime Minister Volodymyr Groysman has said that production of railway wagons for the needs of public joint-stock company Ukrzaliznytsia at Ukrainian enterprises could create up to 50,000 jobs. “We have calculated that with the needs of Ukrzaliznytsia we would provide 50,000 people with jobs if we only start producing them at the facilities of…
Ukraine is preparing the expansion of military and technical cooperation with Indonesia: the sides are holding negotiations on a possibility of supplying Ukrainian An-148-300MP maritime patrol planes to the Asia-Pacific Region (APR). The press service of Ukrspecexport state-run company reported that during the negotiations between Ukrspecexport Director General Pavlo Bukin and Indonesian Navy officers at…
BelAZ heavy-duty truck manufacturer is due to hold a contest to choose a project developer, a project designer and an equipment supplier for a $45 million project aimed at upgrading the truck manufacturer’s CNC machine workshop. The closing date for applications is December 23. The equipment and solutions are to be supplied in the period…
The US company John Deere is ready to offer cotton and grain harvesters, tractors, as well as various agricultural equipment to Turkmenistan, Mark von Pentz, president of the company’s Agriculture and Turf Division of Europe, CIS, Asia, Africa and Global Tractor Platform, said. John Deere has been operating on the Turkmen market for about 25…
PJSC Motor Sich in January-September decreased consolidated net profit under international financial reporting standards (IFRS) by 25.72% YoY, to 1.884 billion UAH. According to a company report posted in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income for the reporting period decreased by 28.28%, to…