business and companies

Samsung TVs to be produced in Kazakhstan

Samsung TVs to be produced in Kazakhstan

The production of household appliances under the Samsung brand may begin in Kazakhstan. The company is currently negotiating with the country's government.

Putin: Key rate to be reduced in Russia

Putin: Key rate to be reduced in Russia

The key rate will decline in Russia, based on economic prerequisites, Vladimir Putin said. Its reduction will also lower interest rates on business loans.

Bezos to sell 50 million Amazon shares

Bezos to sell 50 million Amazon shares

Millions of Amazon shares will be publicly traded soon. The head of the corporation intends to sell 50 million shares, and other management personnel will sell about 440 thousand shares.

State guarantees business support in Azerbaijan's liberated territories

State guarantees business support in Azerbaijan's liberated territories

As part of supporting the development of the liberated territories of Azerbaijan, a program for preferential lending to entrepreneurs has been launched. One can get a loan of up to five million manats for a period of up to seven years and an interest rate of up to 15% per annum.

MTS closes business in Armenia

MTS closes business in Armenia

MTS has announced the sale of its business in Armenia to Cyprus' Fedilco Group Limited, the telecom company said. This involves the sale of 100% of the shares in MTS Armenia, as well as the sale of the MobiDram payment system, a …

Ozon to deliver goods from Armenia to Russia

Ozon to deliver goods from Armenia to Russia

Ozon Marketplace has opened a representative office and sorting center in Yerevan, the company said in a press release. The sorting center in Yerevan will ensure orders are received, processed, assembled and packaged for delivery, as …

Russia and Africa increase trade turnover to $18 billion

Russia and Africa increase trade turnover to $18 billion

Last year, Russia’s trade turnover with the African countries increased to almost $18 billion, Russian President Vladimir Putin wrote in his article, "Russia and Africa: Joining Efforts for Peace, Progress and a Successful …