Investment

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Novosibirsk businessmen interested in Georgia

Business delegation, which will include representatives of seven Novosibirsk companies will arrive in Georgia on November 7. During the visit they will attend presentations, business meetings and negotiations with potential …

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Semko CIS to invest $11 million in Armenia

The Armenian company Semko CIS was awarded the status of resident company at the Alliance free economic zone after it has pledged to invest $11 million in the next five years into the production of printing materials with high level of …

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Gazprom eyes Turkish power generation facilities

Russia's corporation 'Gazprom' does not exclude its participation in the construction of new power generation facilities in Turkey and the acquisition of existing ones, the deputy head Alexander Medvedev said. …

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Russia and Turkey to join investment

Today, the Minister of Economy of Turkey, Nihat Zeybekchi, announced a plan to sign a statement on the plans to establish the Turkish-Russian joint investment fund along with the Economic Development Minister of Russia, …

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Lukoil invests $1.39 billion into Filanovsky field

Russian oil company Lukoil has invested 87.1 billion rubles ($1.39 billion) in the Filanovsky field in the Caspian Sea, LUKoil's Vice President for Geologic Exploration, Ilya Mandrik, said at the Offshore Marintec Russia …

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Karapetyan calls revival of Nairit plant illusions

Armenia’s newly appointed Prime Minister Karen Karapetyan said that the government did not receive yet any effective investment project for the revival of Nairit synthetic rubber plant in Yerevan. He expressed …

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Azerbaijan seeks up to $5 million for sweets project

Azerbaijan tries to restore the manufacture of country’s brands in the food industry, abc.az reports. In particular, Ganja confectionery plant (Gəncə Qənnadi OJSC) has presented project New Chinar, designed for making of a new …

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Turkey in pursuit of $24 bln in foreign investments

More than 150 new investment projects, with a total value of $24 billion, are testament to investors’ commitment in Turkey in the aftermath of the July 15 failed coup attempt, the president of the Investment …

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Russia to cooperate with Turkey in investment

The Russian Direct Investment Fund (RDIF) and the Turkish investment holding Ronesans Holding have agreed to expand their investment cooperation. According to RDIF, the potential amount of investment within the partnership between the companies …

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Is Georgia's economy on the rise?

The National Bank of Georgia increased its forecast for GDP growth in the country in 2016 from 3% to 3.5%, the President of the National Bank, Koba Gvenetadze, said at today's briefing. "The difficulties in …

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