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09:45 U.S. request to block $300 million in regards to Vimpelcom (TM Beeline) in Uzbekistan

2015-07-01 10:09:11| Telecom - Topix.net

The U.S. Department of Justice turned to the court for blocking $300 million on investigation of bribery in the telecommunications at the market of Uzbekistan with the participation of Russian "VimpelCom" and MTS, said agency Bloomberg on Tuesday. The companies created a network of front companies and signed a number of documents on consulting services in order to transfer bribery to the relatives of President Islam Karimov in exchange of the access to telecommunication market of Uzbekistan.

Tags: request million block uzbekistan

 

GM Uzbekistan continues to reduce car sales in Russia

2015-06-09 16:22:14| Auto Dealers - Topix.net

GM Uzbekistan sold in Russia some 8,622 cars, which is 58.7 percent less than in the same period of 2014, the Association of European Businesses said. In the first five months of 2015, GM Uzbekistan's share of products in the Russian market decreased to 1.3 percent from 2 percent earlier in the same period of 2014, and the joint venture took the 19th place in terms of the car sales in Russia.

Tags: sales car reduce continues

 
 

Uzbekistan to direct over $18.5B to oil, gas sphere till 2019

2015-05-15 05:45:21| Oil & Gas - Topix.net

The National Holding Company Uzbekneftegaz plans to direct $18.7 billion for the development of oil and gas industry of Uzbekistan in 2015-2019, Chairman of the Uzbekneftegaz Board Shokir Faizullaev said May 13 at the international conference "Oil and Gas of Uzbekistan." He said that it is planned to implement 54 investment projects, including 39 projects with well developed financing schemes with a total value of $7.1 billion during the next five years in the oil and gas industry of the country.

Tags: direct till gas oil

 

World Bank grants $195m loan for Uzbekistan rail project

2015-02-17 01:00:00| Railway Technology

The International Bank for Reconstruction of Development (IBRD) has granted a $195m loan for the $1.63bn Pap-Angren railway project in Uzbekistan.

Tags: world project bank loan

 

Moving 50 Tons of Gas Equipment to Uzbekistan Earns Volga-Dnepr Another Long-Term Partner

2015-02-11 12:13:00| Offshore Technology

Logistics provider G&O Solutions chose to partner with Volga-Dnepr Airlines when it needed to transport 50t of gas equipment for a compressor station from Kazan in Russia to Karshi, Uzbekistan.

Tags: partner equipment moving gas

 

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