Top 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...
An 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, 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...
According 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...
In 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 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...
This 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. ...
Debts 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 ...
The Tajik Aluminum Company (TALCO) has reportedly lost millions of dollars because of outdated technologies used by the Tajik aluminum smelter.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 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 ...
A 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...
The 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 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...
In 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...
The 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,...
Three 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...
The 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...
We 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...
A 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 ...
Ms. 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...