COMPANIES' NEWS
Tajikistan’s state holding company for public utilities receives JICA President Award
10:00, january 9, 2018The State Unitary Enterprise Khojagii Manziliyu Kommunali (KMK -- the state holding company for public utilities) has received JICA President’s Award. According to Japan International Cooperation Agency (JICA) Tajikistan Office, the handover cere...
Battle for Bokhtar Operating Company ends in defeat for Tethys Petroleum
15:58, january 4, 2018Battle for Bokhtar Operating Company has ended in defeat for Tethys Petroleum. International Court of Arbitration has admitted claim filed by Total and CNPC against Kulob Petroleum Limited, a Tajikistan-based wholly-owned subsidiary of Tethys Petrol...
Tajik aluminum smelter consumes 7 million kWh of electricity per day, says minister of energy
15:35, december 20, 2017In a statement delivered at the session of the Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament), the Minister of Energy and Water Resources Usmonali Usmonzoda noted on December 20 that the Tajik aluminum smelter today consumes on aver...
IRS raises toll rates; company says it raised toll rates for removing complexity in mutual settlements
10:34, december 20, 2017The Branch of Innovative Road Solutions LTD in Tajikistan has raised toll rates. It says that a slight from 20- to 60-diram increase in tariffs aims at removing complexity in mutual settlements. In a statement released on December 18,...
Detained top managers of gas retailer hire three new defense lawyers
14:25, december 12, 2017Three new defense lawyers will represent detained top managers of Umed-88, one of Tajikistan’s largest gas retailers, in an investigation. Odinayev and ibrohimov have refused services of their defense lawyer Abubakr Qulmatov and hired three...
Tajik aluminum company experiences setback in production
14:23, december 7, 2017The Tajik Aluminum Company (TALCO) is currently experiencing a serious setback in production. The company is incurring losses but it keeps silence. Over the first ten months of this year, aluminum production in Tajikistan has fallen 23 perc...
Electricity promised to the population will be supplied to a new aluminum smelter
11:53, november 30, 2017We have calculated that electricity generated by the first two units of the Roghun hydroelectric power plant (HPP) will be enough to just only provide with electricity a new aluminum smelter, construction of which is expected to start in February next yea...
Long lasting construction of 5-star hotel exempted from paying taxes for the umpteenth time
09:55, november 30, 2017A long lasting construction of a 5-star “Ismoili Somoni” Hotel in Dushanbe has been exempted from paying taxes for the umpteenth time. The hotel is being constructed by the Ismoili Somoni – 21st Century Company, which is headed by ...
What for Agroinvestbonk spends money?
15:37, november 27, 2017Ms. Valentina Kasymbekova, an independent journalist, notes that the situation at the head office of the Open Joint-Stock Company (OJSC) Agroinvestbonk in Dushanbe remains tense. According to her, customers come to the bank’s headquarters in t...
Pamir Energy wins Event Awards Central Asia 2017 in three nominations
15:52, november 23, 2017Pamir Energy has won Event Awards Central Asia 2017 in three nominations: The Best Invent for Brand; The Best Mass Event; and the Best Children’s Event. The company has reportedly become winner in these nominations due its project, The Powe...
Tajik national air carrier resumes flights to Urumqi
14:28, november 22, 2017Tajik national air carrier, Tajik Air, is resuming flights on the air route from Dushanbe to Urumqi (China). After the two-year interruption, the first flight on this air route is expected to be operated on December 21. The airline will use Boein...
Tajik aluminum company now has no need in Uzbek natural gas
14:41, november 20, 2017The Tajik Aluminum Company (TALCO) now has no need in Uzbek natural gas, a source at TALCO told Asia-Plus in an interview. According to him, the company now uses the coal gas for production of anodes. “TALCO and...
New aluminum smelter expected to be built in Tajikistan
15:33, november 17, 2017A new aluminum smelter with annual capacity of 503,000 tons is expected to be built in Tajikistan. The new aluminum plant will also be constructed in Tursunzoda, where Tajik aluminum smelter operates. The Tajik Aluminum Company (TALCO...
Tajik privately owned air company purchases new Boeing 787-800 Dreamliner
11:44, november 17, 2017Tajik privately owned air carrier, Somon Air, intends to purchase new Boeign-787-800 Dreamliner, according to the Somon Air press center. A protocol of intent between Somon Air and Boeing Commercial Airplanes was reportedly signed on the sidelines of D...
Umed-88 ready to fully repay the loan with interest, says company’s defense lawyer
17:29, november 9, 2017Umed-88, one of Tajikistan’s largest gas retailers, is reportedly ready to repay the received loan with interest. “Umed-88 management is ready to pay back the received 171 million somoni loan to the government fully with interest,” co...
Russian air carrier loses permit to operate flights to Tajikistan
16:04, november 2, 2017Russia’s Yamal Airlines has lost permit to operate flights to Tajikistan from Zhukovsky Airport as it has failed to operate flights during the season for which the permit was issued, Russia/s RIA Novosti news agency reports. Recall,...
Tajik gas distribution agency says it cannot repay its debt to the ministry of finance because of TALCO’s debts
15:11, october 31, 2017Open Joint-Stock Company Tojiktransgaz (state-run natural-gas distributor) says it cannot repay its debts to the Ministry of Finance because many large natural-gas consumers, including the Tajik Aluminum Company (TALCO), have not yet repaid their gas debt...
Properties of Tajik natural-gas distribution agency put for sale
10:39, october 30, 2017Properties of Open Joint-Stock Company (OJSC) Tojiktransgaz (Tajik natural-gas distributor) have been put for sale. The company’s gas storages located in the Bobojon-Ghafourov district of the Sughd province and in the Roudaki district (dist...
Umed-88’s case: Why are not detained managers of the Ministry of Finance?
12:07, october 27, 2017Dushanbe, October 27, 2017, Asia-Plus – The case of Umed-88, one of Tajikistan’s largest gas retailers, is becoming more and more interesting. Top managers of Umed-88 are charged with embezzlement of illegally received or illegally grant...
Gas retailer Umed-88 reportedly misappropriates funds intended for construction of Roghun HPP
11:41, october 24, 2017The anticorruption agency has confirmed the arrest of top managers of Umed-88, one of Tajikistan’s largest gas retailers. They are reportedly suspected of abusing office, illegally receiving a loan and embezzling state funds. Ac...
