COMPANIES' NEWS
CARITAS Germany celebrates the 10th anniversary of its activities in Tajikistan
10:02, april 20, 2018The Branch of the German CARITAS Association jointly with German Academic Exchange Service (DAAD) and Volunteer Group “Dobrota” yesterday held a charity event to mark the 10th anniversary of its activities in Tajikistan. The event, which
TK Mobile withdraw from country’s telecommunications market
10:06, april 11, 2018One of Tajikistan’s mobile phone operators, TK Mobile, is withdrawing from the country’s telecommunications market. TK Mobile in February distributed notices to its customers not to recharge their balances. The company, which has onl...
VEON sells its mobile services subsidiary in Tajikistan to ZET Mobile Limited
11:02, april 9, 2018VEON, the Amsterdam-headquartered company that operated the Beeline brand in the CIS member nations, announced on April 5 that its mobile services subsidiary in Tajikistan has been bought by ZET Mobile Limited. The Beeline brand is to
Tajik government seeks solution to the problems of Barqi Tojik’s debt relief
17:13, april 4, 2018The issue of repayment of the debt of Barqi Tojik power holding (a national integrated power company of Tajikistan) to Open Joint-Stock Company (OJSC) Sangtudinskaya GES-1, which operates the Sangtuda-1 hydroelectric power plant (HPP), was discussed today
Director of IRS Branch in Tajikistan resigns
15:59, april 4, 2018Director of the Branch of Innovative Road Solutions (IRS) in Tajikistan has resigned. Ms. Fotima Niyozmamadova, Deputy Chairperson of the Supervisory Board of the IRS Branch in Tajikistan, is currently acting as Director of the Branch. “Di...
IFC invests 2 million USD to support expansion of Tajikistan’s food distribution network
09:45, march 28, 2018The International Finance Corporation (IFC) is investing 2 million U.S. dollars to support the expansion of TAJERO, one of Tajikistan’s largest food distribution networks, strengthening its food supply chain and benefiting small and medium enterpris...
Tajik aluminum company plans to purchase natural gas from Uzbekistan
15:59, march 20, 2018The Tajik Aluminum Company (TALCO) plans to purchase natural gas from Uzbekistan this year in the volume meeting 30 percent of the company’s requirements in this kind of fuel. The remaining 70 percent of TACLO’s requirements in this kind o...
TALCO signs five agreements with Uzbek companies totaling 460 million USD
11:30, march 16, 2018The Tajik Aluminum Company (TALCO) and its affiliates have signed five agreements with Uzbek companies totaling 460 million U.S. dollars. The documents were signed in Dushanbe on March 9 on the sidelines of the Tajik-Uzbek business forum, according to
Aviation Fuel Supply Company raises jet fuel prices by 30 percent
17:01, march 9, 2018The Aviation Fuel Supply Company has raised jet fuel prices. The company has justified the decision as based on market trends. Officials at the Aviation Fuel Supply Company say the price hike has resulted from the rising cost of petroleum.
Tajik-Chinese joint gold mining venture top manager meets acting governor of Sughd to discuss cooperation
11:26, february 26, 2018Top manager of Tajik-Chinese Joint Venture (JV) Zarafshon (formerly Zeravshan Gold Company), Mr. Chang Ho Lin (phonetically spelled), last week met in Khujand with acting governor of the Sughd province, Rajabboiy Ahmadzoda. According to the Sughd admin...
Tajik company opens its trading center in Tashkent
15:18, february 23, 2018An official opening ceremony for trading center of Tajik company Gayur LLC took place in the Uzbek capital, Tashkent, on February 22. The ceremony was attended by Tajik Ambassador to Uzbekistan Imom Sodiq Ashourboyzoda, senior representativ...
China’s Zijin Mining sells 5 percent of shares in JV Zarafshon to Tajik government for…1.00 USD
10:48, february 19, 2018China’s Zijin Mining, which owns 75% of shares in the Tajik-Chinese Joint Venture (JV) Zarafshon, has reportedly sold 5 percent of shares to the Tajik government for 1.00 U.S. dollar. The government endorsed a draft agreement on...
TALCO consumed 16.5 percent of Tajikistan’s electricity last year
15:38, february 15, 2018According to Barqi Tojik (Tajikistan’s national integrated power company), the Tajik Aluminum Company (TALCO) last year consumed 16.5 percent of Tajikistan’s electricity, which is 13.9 percent less than in 2016. In 2017, Tajik aluminum smel...
Finance ministry officials summoned to anticorruption agency for questioning over Umed-88’s case
13:38, february 15, 2018In a report released at a news conference in Dushanbe, Ilyos Idriszoda, the deputy chief of the Agency for State Financial Control and Combating Corruption, revealed on February 15 that officials from the Ministry of Finance have been summoned to the anti...
Tajik-Chinese joint gold mining venture resumes operations
09:34, february 9, 2018Tajik-Chinese Joint Venture (JV) Zarafshon (formerly Zervashan Gold Company), which is the largest gold mining company in Tajikistan, has resumed operations. “The government yesterday issued a decree, under which the company has resumed operation...
What will happen to Tojik Sodirot Bonk’s shares?
13:42, february 6, 2018This issue will be discussed at an annual meeting of the Tojik Sodirot Bonk (TSB), which is scheduled to March 17. TSB shareholders are also expected to review the results of the activity of this distressed bank in 2017. ...
Barqi Tojik’s debts reportedly exceed 3.7 billion somoni
15:04, february 1, 2018Debts of Barqi Tojik (Tajikistan’s the state-owned national utility company) increased by 1 billion somoni in a year to December 31, 2017. According to data from the Ministry of Energy and Water Resources (MoEWR), Barqi Tojik’s ...
TALCO loses millions of dollars because of outdated technologies, says Tajik official
14:03, january 22, 2018The Tajik Aluminum Company (TALCO) has reportedly lost millions of dollars because of outdated technologies used by the Tajik aluminum smelter. “Because of lack of the state-of-the-art technologies, the Tajik aluminum now does not produce t...
Tajik-Chinese gold mining joint venture temporarily suspends operations due to reconstruction works
13:55, january 15, 2018Tajik-Chinese Joint Venture (JV) Zarafshon (formerly Zervashan Gold Company), which is the largest gold mining company in Tajikistan, has temporarily suspended operations due to reconstruction works. “the work on modernization of the ...
Heads of two large commercial banks being replaced
10:02, january 10, 2018A new head of the Board of the Closed Joint-Stock Company (CJSC) Spitamen Bank has been appointed, Bank Eskhata is next. A 26-year-old Navrouz Samandarzoda has been appointed acting chairman of CJSC Spitamen Bank Board, replacing Niyozmurod Saidmurodov...
