Kyrgyzstan: Kumtor agreement to bring bonuses

Kyrgyzstan and Centerra Gold came to a new agreement on Kumtor project after long negotiations. It has entered into force. It has been repeatedly written about additional payments that the republic would get under the new agreement. But it is important not only because of them. Aza Migranyan, Doctor of Economics, Professor, Head of the…

Russia: metal output up in August 2019

In August metal output in Russia decreased by 1.1% YoY, but in January-August grew by 1.3%. According to the Federal Service of State Statistics, unalloyed steel manufacture was 4.8 million tons in August, down by 3.8% YoY and by 3.1% MoM. In 8 months output dropped by 1.1%. Stainless steel production was 12.7 thousand tons,…

Russia: ChTPZ certified by ACCA

ChTPZ Group has received a status of ACCA-accredited employer. ACCA is the association of financial and accounting specialists. The partnership confirms the high quality of professional training of employees in the sphere of finances and accounting. ChTPZ has become the first ACCA-accredited employer among pipe manufacturers. (Ukrainian metal)