Business World Magazine: четверг, августа 04, 2016

Business World Magazine

04.08.2016

Ukraine: AutoKrAZ reports stability

AutoKrAZ maintains production level achieved in the beginning of the second half year. Kremenchug Automobile Plant produced 75 vehicles in this July, the same amount as in June

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Russia: Acron sells its stake in Hongri-Acron

Acron sold its subsidiary holding 50.5% shares in China’s Hongri-Acron, the Russian fertilizers company said. An investment and industrial company from Hong Kong acted as a buyer

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Russia: Izhevsk Plant ships sucker-rod pumps to PetroBras

The Izhneftemash engineers developed a new sucker-rod tubing pump, to execute the contract and meet the requirements of the client and API Spec Q1 and API Spec 11ۥ international standards

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Russia: Il-114 aircraft production relaunch to be funded

The financing of the Ilyushin Il-114 aircraft development program shall start in the fourth quarter of this year, Russian Deputy Industry and Trade Minister Andrei Boginsky said

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Russia and Ukraine sign new contract on uranium delivery

Russia’s International Uranium Enrichment Center and Ukraine’s Nuclear Fuel state company have signed a new contract on the deliveries of uranium raw materials from Ukraine to Russia in 2016, Enrichment Center Commercial Director Gleb Yefremov has said

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Russia: wheat harvest to exceed 70 million tons

Analysts of Rusagrotrans CJSC increased their estimations of the general grain harvest in Russia in the current year to 115.8 million tons, as opposed to 113 million tons of the previous forecast, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky declared

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Russia: grain exports to go down

In the beginning of 2016/2017 MY, the export rates of Russian grains will be slightly lower compared with the same period last season, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky has said

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Russia: Ural Airlines selects airRM as its revenue management system

Revenue management systems, a Mercator Company (RMS), a global leader in revenue management solutions, has been selected by Ural Airlines, one of Russia’s fastest growing airlines, to provide state-of-the-art revenue management, inventory control, and reporting tools to the airline

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Ukraine: Ukrzaliznytsia posts 1.5 billion UAH net profit in H1 2016

PJSC Ukrzaliznytsia in January-June posted 1.53 billion UAH of net profit under Ukrainian Accounting Standards (UAS), according to a company report in the information disclosure system of the National Commission on Securities and the Stock Market

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Ukraine to help Iran build underground gas storage facilities

Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has discussed cooperation in the energy sector with Iranian Oil Minister Bijan Zangeneh, the press service of the Energy and Coal Industry Ministry of Ukraine has reported

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Ukraine: silos modernized and moving North-West

Despite difficult economic conditions in the grain market, in recent years Ukrainian farmers have increasingly focused attention on construction or modernization of their own storage facilities

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Ukraine: money for return of spent nuclear fuel to Russia transferred

Ukraine has transferred the money for the return of spent nuclear fuel from its nuclear power plants to Russia, a source in the Russian nuclear power corporation Rosatom has said

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Ukraine: over 32 million tons of grains harvested

As of August 2, agrarians harvested 32.6 million tons of early grains and pulses (30.1 million tons on the same date last year) throughout the areas of 8

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Ukraine: hot weather dries oilseeds

Last week weather conditions were hot with minor local precipitations. Sunflower plants continue to undergo flowering stage and in some regions – the first stage of maturation

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Ukraine: throughput of seaports down in January-July 2016

In January-July seaports of Ukraine handled 74,060,000 tons of cargo (down by 9.8% YoY), says the press center of Ukrainian Sea Ports Authority

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Russia: throughput of Rostov-on-Don port up in January-July 2016

In January-July the port of Rostov-on-Don handled 9,794,000 tons of cargo (up by 16.2% YoY), Harbour Master Pavel Zakharchenko said. Transshipment of crude and oil products climbed by 29

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Estonia: Tallink reaches new record in monthly passenger volumes in July 2016

AS Tallink Grupp transported 1188226 passengers in July, achieving the record of the highest passenger volumes per calendar month. Compared to the results of the last year, the passenger volumes increase by 5% and the volumes of cargo units and passenger vehicles by 3

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Japan: Solar Frontier completes 30MW PV power plant nest to Nagasaki airport

Leading CIS thin-film producer Solar Frontier said it had completed on schedule the largest PV power plant in Nagasaki Prefecture that resides next to Nagasaki airport runway

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Ukraine: Socar Ukraine supplies diesel to Ukrzaliznytsia railway operator

Trading House Socar Ukraine will supply diesel fuel priced at 17,700 UAH including VAT to state-owned Ukrzaliznytsia railway operator, the press service of Ukrzaliznytsia has reported

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Russia: Sino-Russian agricultural fund to finance 17 projects in Far East

Sino-Russian fund of agricultural development is exploring the possibility of financing 17 agricultural enterprises in Russia’s Far East, a representative of the Ministry for the Development of the Russian Far East said, adding that the decision to provide four projects with funds might be taken soon

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Ukraine: recovery of grain trade in Black Sea region causes changes in free tonnage placement

Active grain trade in the Black Sea region has led to not only increase in freight rates in the basin, but also to changes of free tonnage placement, according to Platts agency

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Russia: Qatar Investment Authority buys stake in Pulkovo Airport

German Frankfurt Airport Services Worldwide (Fraport) and its consortium partners at Russia’s Pulkovo Airport in St. Petersburg have finalised an agreement to sell part of their shares in Thalita Trading to Qatar Investment Authority (QIA)

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Ukraine: Poroshenko allows aviation industry to set up JV with foreign partners

Ukrainian President Petro Poroshenko has signed a bill amending some Ukrainian laws in part of the creation of conditions for international cooperation of aircraft builders and developing Ukrainian aircraft building

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World: new records of the global production and exports of sunflower oil in 2016/2017 MY

According to the recent Oil World report, the forecast of global production of sunflower oil in 2015/2016 MY increased by 150 thousand tons to 15

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Kazakhstan: over 1 MMT of grain gathered

As of August 1, according to the Kazakh AgMin, 1041.5 KMT of grain have been harvested from 480.1 thousand ha (452.6 thousand ha in 2015) with average yield of 2

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Ukraine: increased grain supply observed in Azov Sea basin

According to Rufco Company, in the Azov Sea an increased supply of Russian grain for transportation was observed, which contributed to freight rates growth in the eastern part of the basin

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Ukraine: gravel output up in May 2016

The volume of gravel extraction increased by 3.7% YoY in May. In accordance with the State Committee of Statistics of Ukraine, the gravel extraction in the country went up by 3

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Ukraine: Degtyarev reinstated as CEO of Yuzhnoye State Design Office

According to the Order of the State Space Agency of Ukraine Alexander Degtyarev is reinstated in the position of General Designer-General Director of Yuzhnoye State Design Office (General Director in accordance with Yuzhnoye Charter as of January 25)

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Russia: dogfight between MiG-29 and Su-30SM to be staged at Aviadarts Competition

Viewers will be able to see a spectacular dogfight between a MiG-29 and a Su-30SM fighter jets. A dogfight between the Mikoyan MiG-29 and Sukhoi Su-30SM fighter jets will be staged at the Aviamix airshow on August 6, as part of the Aviadarts international flight skills competition, the Russian Defense Ministry said

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Ukraine: agricultural products form the major share in the general exports

In the first five months of 2016, the exports of goods from Ukraine decreased by 11.5% YoY (31.9% in January) and totaled $13.7 billion. Agricultural and food products (41

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