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Companies News

Finance ministry officials summoned to anticorruption agency for questioning over Umed-88’s case

In a report released at a news conference in Dushanbe, Ilyos Idriszoda, the deputy chief of the Agency for State Financial Control and Combating...

Tajik-Chinese joint gold mining venture resumes operations

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...

What will happen to Tojik Sodirot Bonk’s shares?

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...

Barqi Tojik’s debts reportedly exceed 3.7 billion somoni

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...

TALCO loses millions of dollars because of outdated technologies, says Tajik official

The Tajik Aluminum Company (TALCO) has reportedly lost millions of dollars because of outdated technologies used by the Tajik aluminum smelter.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...

Tajik-Chinese gold mining joint venture temporarily suspends operations due to reconstruction works

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...

Heads of two large commercial banks being replaced

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...

Tajikistan’s state holding company for public utilities receives JICA President Award

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...

Battle for Bokhtar Operating Company ends in defeat for Tethys Petroleum

Battle for Bokhtar Operating Company has ended in defeat for Tethys Petroleum.  International Court of Arbitration has admitted claim filed by Total and CNPC...

Tajik aluminum smelter consumes 7 million kWh of electricity per day, says minister of energy

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...

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