Business World Magazine: пятница, сентября 02, 2016

Business World Magazine

02.09.2016

Ukraine: linseed exports up in July 2016

In July Ukraine exported 2.5 KMT of linseed compared with 0.9 KMT in June and 0.4 KMT in July 2015. Since the beginning of season 2015/2016 (September-July) exports reached 37

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Ukraine: production of agricultural products with high added value to be increased

Ukraine needs to increase the production of agricultural commodities with high added value and the share of alternate products which are in demand on foreign markets, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared

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Russia: Yandex agrees to implement IT solutions at Kamaz trucks

Russia’s Yandex and Kamaz have signed a framework agreement on cooperation to adapt certain services of the Internet company to trucks, Yandex said in a statement

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Russia: AvtoVAZagregat to have repaid wage arrears by September 2016

The management of the Russian car seat producer AvtoVAZagregat, one of the largest suppliers to carmaker AvtoVAZ, has pledged to fully repay wage arrears by September, a spokesperson for the Samara region government reported

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Russia: grain output up over last 10 years

Russia has increased grain output by one third, or around 30 million tons, over the last 10 years, Agriculture Minister Alexander Tkachyov said

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Azerbaijan: Norway’s Enhanced Drilling opens new workshop and office facility in Baku

Norway’s oilfield services company Enhanced Drilling has opened a new workshop and office facility in Baku. The new workshop is located at Salyan Highway 22nd km and features 2,355 square metres of space

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Russia: over 30 samples of aerospace hardware to be demonstrated at the “Army 2016” Forum

Modern samples of armament and military hardware of the Russian Aerospace Forces will be demonstrated during stationary exposition and dynamic programs of the International military and technical forum “Army 2016”

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Belarus: measures taken to resume dairy export to Russia

Belarus’ Agriculture and Food Ministry is taking measures to help its three enterprises regain access to the Russian market, Alexander Subbotin, Deputy Agriculture and Food Minister – Director of the Veterinary and Food Supervision Department, said

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Belarus: Hungarian company to set up enterprise in Mogilev region to make corn seeds

The Mogilev region administration and the Hungarian company Hungaroseed Kft have signed an agreement on cooperation. The agreement provides for setting up a joint venture in Mogilev region to produce corn seeds, the press service of the Belarusian Ministry of Foreign Affairs reported

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Thailand: 2 Sukhoi Superjet-100 planes enter service with Air Force

Two Russian Sukhoi Superjet-100 (SSJ-100) airliners manufactured in their VIP modification have entered service with the Thai Air Force. The inaugural ceremony was held at the military base located at Bangkok’s Don Muang airport

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Russia: railway network loading up in January-August 2016

In January-August the network of Russian Railways loaded 809.6 million tons, up by 168%, the company’s press center says. In the reported period the railways shipped the following goods: 214 million tons of coal (up by 3

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Russia: oil output at current prices not to be limited

Russia does not see a necessity to limit oil production at current prices, but is open for discussion, Energy Minister Alexander Novak said. “We are always open for discussion, for monitoring the situation, everything will depend on whether there is feasibility”, he said

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Russia: export duties on wheat to be cancelled in September 2016

The Ministry of Agriculture of the Russian Federation proposes to zero down the export duties on wheat from September 15, the draft decree of the Government of the Russian Federation “On Amendments to the rates of export customs duties on goods exported from the Russian Federation outside the member-states of the Customs Union” says

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Russia: rapeseed oil output down

According to the official statistics figures, in 2015/2016 MY (August-July) Russia produced 334.2 thousand tons of crude rapeseed oil, down by 21% compared with the season-2014/2015 (424

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Russia: 19.5% of Rosneft to be sold this year

There is a chance to privatize Russian oil major Rosneft by the end of the year, presidential aide Andrei Belousov reported. “In accordance with the schedule we should have time to do this”, he said

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Russia: international traffic down in July 2016

Russia’s international traffic fell by 26.6% in July to 3.6 million passengers, according to Russia’s Federal Air Transport Agency, Rosaviatsia

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Russia: Zvezda shipyard production to start in 2016

Production of ships at Russia’s Far Eastern shipyard Zvezda will start this year and the pilot order will be delivered in 2019, oil major Rosneft CEO Igor Sechin said at a ceremony to launch the shipyard’s first stage

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Russia: Sollers starts selling UAZ to China and Vietnam

Russian car producer Sollers has started UAZ exports to China and Vietnam and plans to enter the market of Chile as well, CEO Vadim Shvetsov reported

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Russia: Roscosmos to create space robots

Russia’s State Space Corporation, Roscosmos, has announced a tender to create space robots (Kosmorobot) that will assist cosmonauts during their extravehicular activities

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Romania outperforms Russia and Ukraine on the wheat markets of Jordan and Ethiopia

In June Romanian wheat exports were an absolute record for the month – 415 KMT. Previous record was set in June 2015 (86.8 KMT) and in the last 5 seasons average wheat volume exported from Romania in June was 52 KMT

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Russia: net profit of Tuapse Commercial Seaport up in H1 2016

In January-June net profit of Tuapse Commercial Seaport totaled RUB 1.67 billion, up by 1.5%, YoY, the company says. The company’s revenue increased by 24

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Russia: maritime transport and tourism to be developed in the Arctic

Maritime transport and tourism should be developed in the Arctic, press center of the Russian Security Council cites its Secretary Nikolai Patrushev as saying at the VI International Meeting of the Arctic Council member states, observer states and scientific community representatives

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Kazakhstan: spring grain harvesting started

At the beginning of last week weather conditions were favorable for completion of winter wheat harvesting in the South and South East. Crops condition is mainly good and stage of development is full ripeness

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Kazakhstan: downward trends on global wheat market put pressure on prices

Last week decrease in prices for milling wheat was noted in Kazakhstan export market primarily due to the seasonal factor. Over the week export prices for milling wheat decreased in average by $11 in the Aktau port – to $185-191/MT FOB for wheat with 13

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India to invest over $300 million in logistics center for Sukhoi Su-30MKI fighter parts

India intends to invest more than 20 billion rupees ($300 million) in the creation with Russia’s assistance of a logistics center of spare parts for Russia’s Sukhoi Su-30MKI fighters at the facilities of India’s state-owned aerospace and defense company Hindustan Aeronautics Limited (HAL), a source in the Indian Defense Ministry reported

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Russia: giant agro firm to export pork to Vietnam

Rusagro Group, one of the largest vertically integrated enterprises in Russia, plans to export pork to Vietnam beginning next year. “Shipments are expected to start next year”, Maxin Basov, General Director of Rusagro, said

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UAE: flydubai increases flight frequency between Odessa and Dubai

From September 22, Dubai Aviation Corporation, doing business as flydubai, will increase the frequency of flights between Odessa and Dubai from two to three flights per week

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Belarus: nearly 7 million tons of grains harvested

As of September 1, agricultural organizations of Belarus harvested grains and pulses throughout the areas of 2.067 million ha (98.1% of the plan)

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Algeria shows Mi-28NE helicopters for the first time

The Algerian Ministry of National Defense (MDN) confirmed that it had received its first Mil Mi-28NE Night Hunter attack helicopters when it released coverage of Chief-of-Staff Lieutenant General Ahmed Gaid Salah inspecting Ain Oussera Air Base, 135 km south of Algiers

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Uklraine: Antonov and AICC agree on long-term cooperation on An-225 Mriya aircraft

Kyiv-based state-run Antonov enterprise and Aerospace Industry Corporation of China (AICC) have signed an agreement on cooperation under the An-225 Mriya aircraft program, the Ukrainian company’s press service has said

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