Ukraine: UkrOboronProm cooperation with Azerbaijan establishes model of working relationship with other countries

Cooperation between Ukraine and Azerbaijan in AN-178 production will establish the model of UkrOboronProm working relationship with other countries

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Russia: Turkey imports of wheat brans up

Russia continues to export high volumes of wheat brans. In May shipments of wheat brans from Russia were 69.15 KMT, which is 38.5% higher than in May 2015 (49

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Turkmenistan: acting head of oil and gas construction concern named

Deputy head of Turkmenistan’s “Turkmenneftegazstroy” state concern Atakuli Tatov has been appointed acting head of the concern, the decree signed by Turkmenistan’s President Gurbanguly Berdimuhamedov said

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Ukraine: Yuzhnoye Design Office looses $800 million following Brazil’s contract termination

Losses bourn by Ukraine because of the unilateral termination of the Cyclone-4 contract by Brazil can reach about $800 million, the press service of Yuzhnoye State Design Office has said

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Uzbekistan: deputy chairman of Central Bank chosen

Shokhrukh Shoakhmedov was appointed the deputy chairman of Uzbekistan’s Central Bank according to a decree of President Islam Karimov, the Central Bank said

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Ukraine: new record in grain exports set

According to the Ukrainian AgMin, new record was set in grain exports, which exceeded the previous volume by 5 MMT. Preliminary estimates of 2015/2016 total exports are 39

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Ukraine: grain crops condition

Weather conditions were favorable for winter and spring grain crop development in May-July. During the first week of July soil moisture reserves were satisfactory except for Western regions

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Russia: throughput of Big Port St. Petersburg down in H1 2016

In January-June Big Port St. Petersburg handled 24.16 million tons of cargo (down by 8% YoY). According to the port authority, transshipment of oil products fell by 34% to 3

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Russia: Belarus NPP receives high pressure heater

The Taganrog Boiler-Making Works “Krasny Kotelshchik”, a member of the company Power Machines, has manufactured and shipped the chamber-type high pressure heater (chamber-type HPH) for the Belarusian NPP under construction

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Russia: loan of over $11 billion for Bangladesh to build NPP to be approved

Russia will approve a loan for Bangladesh amounting up to $11.38 billion for construction of Ruppur Nuclear Power Plant, the Russian Government said

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Russia: Varyag missile cruiser returns from 9-month voyage

The Guards missile cruiser Varyag, the flagship of the Russian Pacific Fleet, has returned to Vladivostok port after a nine-month voyage during which it has been involved in the Indra Navy naval exercises in the Bay of Bengal and provided air defense cover to Russia’s Hmeymim airbase in Syria, the press service of the Primorsky Territory administration said

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Russia: RusHydro renovates Volga HPP equipment

Renovation program included the replacement of the hydro turbine, generator, excitation system, hydroelectric unit management and automation system, as well as auxiliaries

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Ukraine: Rada opens way for investment in Chornobyl exclusion zone

The Verkhovna Rada has adopted a law on the settlement of certain issues of the legal regime of the territories affected by radioactive contamination as a result of the Chornobyl disaster (No

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Ukraine: FUIB starts paying Mykhailivskyi clients

Starting with July 15, PJSC “FUIB” begins to disburse the guaranteed amounts of deposits to the customers of PJSC “Bank “Mykhailivskyi”, that is, to individuals whose funds are subject to compensation by the Private Deposit Guarantee Fund

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Kazakhstan: over 8 MMT of grain exported

According to AgMin of Kazakhstan in 2015/2016 (July 2015 – June 2016) 5.4 MMT and 2 MMT was exported, which in recalculation to grain is 8

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Russia: Iran gets missiles S-300 air defense system

The first batch of missiles of the S-300PMU2 has arrived in Iran. These systems will reinforce the air defense of the Islamic Republic of Iran

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Ukraine: industry faces challenges but KrAZ Group in good standing

Results of KrAZ group for the first half-year of 2016 are very encouraging and optimistic. Despite disadvantages in industry, market, economy and the country compared to gale KrAZ group companies report increase in sales as may be seen in operation results for the first and second quarters of this year

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Russia: exports of high-oleic sunflower oil up in June 2016

According to the customs data, Russia exported nearly 4.1 thousand tons of high-oleic sunflower oil in June 2016, up 3 times MoM, due to higher shipments to China – 4 thousand tons against 1 thousand tons in May

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Russia: Gazprom expects Poland to issue Nord Stream-2 approval on August 31, 2016

Gazprom expects Polish authorities to issue a permit for the Nord Stream-2 pipeline project on August 31, Board Chairman of the Russian gas holding Viktor Zubkov said

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Russia: Gazprom, RZD, Transmashholding and Sinara sign agreement on cooperation

Gazprom, Russian Railways, Transmashholding, Russia’s largest manufacturer of rail rolling stock and medium-speed diesel engines, and Sinara Group have entered into an agreement covering the utilization of natural gas as engine fuel

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Azerbaijan: foreign investments in fixed capital up

The total volume of foreign investments in Azerbaijan’s fixed capital increased by 32.3% to 4.26 billion Azerbaijani manats in January-June compared to the same period of 2015, said the report issued by the country’s State Statistics Committee on the results of H1 2016

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Russia: ZMZ profits in H1 2016

Following the results from the first half year 2016 Zavolzhsky Motorny Zavod has got profit in amount of 17,9 million rubles (without VAT) from infrastructure service for residents of industrial park

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Ukraine: first AN-132 to hit the skies in autumn

SE “Antonov” plans to manufacture the first demonstrator An-132 in record time: this fall the aircraft may hit the skies. This was stated by the UkrOboronProm Director General Roman Romanov at the meeting with foreign media at the international aerospace salon “Farnborough Air Show-2016” in the suburbs of London

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Ukraine: Finance ministry starts internal reform with support of PwC

The Ukrainian Finance Ministry will start internal reform with support of PricewaterhouseCoopers (PwC). The reform aims at improving business processes in the ministry

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Russia: Egypt purchases wheat

On July 15, Egypt purchased 300 KMT of milling wheat from Romania and Russia for shipment during August 21-30, at the average price of $175.16/MT C&F

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Russia: cruise ship Sun Princess on her first call at port Vladivostok

Cruise ship Sun Princess made her first call at port Vladivostok on July 17. The ship carried 1,907 passengers, 90% of which were Australia and New Zealand citizens

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Azerbaijan: foreign carriers exempt from road tax for 3 years

Azerbaijan’s Cabinet of Ministers has approved the “Rules of exempting trucks, trailers and semi-trailers of foreign states from road tax and state fee”

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Russia: AGCO-RM and the Ministry of Agriculture sign agreement for provision of subsidies for tillage equipment

AGCO-RM (a joint venture of AGCO, the international manufacturer of agricultural equipment, and the Russian corporation “Russian Machines”, part of the Basic Element Industrial Group) and the Ministry of Agriculture of the Russian Federation have signed an agreement for provision of subsidies for tillage and seeding equipment under Challenger brand

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Azerbaijan and Afghanistan mull creation of joint enterprises

Azerbaijan and Afghanistan discussed the creation of joint enterprises to produce food products, said Azerbaijan’s Economy Ministry. The discussions were held within the meeting of Azerbaijan’s Economy Minister Shahin Mustafayev with Afghanistan’s Ambassador to Azerbaijan Mohammad Taqi Khalili

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Ukraine: 1.4 million tons of grains harvested

As of July 1, Ukrainian agrarians produced 1.4 million tons of grains and pulses (in bunker weight), an increase of 63.6% compared with the last year index on the same date, declared the State Statistics Service of Ukraine on July 15

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