industry in Caucasus

Construction of ambulance car factory began in western Georgia

Construction of ambulance car factory began in western Georgia

The construction of a new enterprise for the production of special vehicles has been launched in Western Georgia; t is located in the village of Meria, Ozurgeti municipality. This message was reported by the administration of …

Plastic processing plant to be built in western Georgia

Plastic processing plant to be built in western Georgia

In the near future, the construction of a plastic processing plant will begin in the Khobi municipality, Georgia, the Ministry of Economic Development informed. The ministry explained that within the framework of the state project …

Azerbaijan to produce its own buses next year

Azerbaijan to produce its own buses next year

In Baku, the co-chairmen of the Azerbaijani-Iranian State Commission for Economic, Trade and Humanitarian Cooperation, Azerbaijani Economy Minister Shahin Mustafayev and Iranian Minister of Economic Affairs and Finance Farhad Dezhpasand signed a …

SOCAR intends to invest $ 20 billion in Turkey

SOCAR intends to invest $ 20 billion in Turkey

Today, Mesut Ilter, the director general of the Azerbaijani oil giant SOCAR’s subsidiary STAR Refinery, reported about the company’s intentions to invest in the Turkish economy up to $ 19.5 billion in the near future. He …

New manganese plant opens in Chiatura

New manganese plant opens in Chiatura

In the Georgian city of Chiatura (Imereti region), a new modern plant for processing of manganese ore opened today. The investment to the enterprise amounted to $ 20 million, reads the statement on the Georgian Manganese company’s page in …

Iran to produce composite gas bottles in Armenia

Iran to produce composite gas bottles in Armenia

Today, the opening ceremony of the plant for the production of composite gas bottles took place in the Armenian Vanadzor. Acting Prime Minister Nikol Pashinyan attended the ceremony, the press service of the government …

AzerMash presents Azerbaijani cars in Moscow (Photos)

AzerMash presents Azerbaijani cars in Moscow (Photos)

Moscow's Crocus Expo will host the traditional Moscow International Automobile Salon. Exhibition will be held from August 31 to September 9. An event for the press and event for the business will be prior to the opening. Vestnik Kavkaza spoke …

4.7 billion rubles to be invested in Kaspiysk

4.7 billion rubles to be invested in Kaspiysk

According to the government of Dagestan, two large investment projects amounting to 4.7 billion rubles will be implemented in Kaspiysk. The both of them will be built on the Uytash investment site, where the infrastructure necessary for them is …

Turkish business ready to invest in North Ossetia

Turkish business ready to invest in North Ossetia

Turkish businessmen from the Kocaeli province are ready to invest in North Ossetia and plan to visit the region before the end of the year. They want to invest in metal processing, textile and meat processing industries. …

IKCO opens branch in Armenia

IKCO opens branch in Armenia

Iran Khodro Automaker company (IKCO) has opened a branch in Armenia aiming to introduce the Iranian brand to the neighboring country, Mehr agency reported. The inauguration ceremony for IKCO’s branch in the Armenian capital of …

Armenian Press Review (February 4-10)

Armenian Press Review (February 4-10)

The coalition of the RPA and ARFD, fracturing of ‘Prosperous Armenia’, the new ambassador of Armenia to Russia, rises in prices ...

Brick factory costing 1 billion rubles to be opened in Stavropol

Brick factory costing 1 billion rubles to be opened in Stavropol

The company European Standard Ltd. is going to build a brick factory before the end of this year in the Izobilnensky district of Stavropol Territory. Investment in the project has reached 1.118 billion rubles. The company will build a …

Сreative work has been carried out

Сreative work has been carried out

The presidential aide Ali Hasanov spoke about the economic potential and Azerbaijan's ability to develop in difficult conditions