Business World Magazine: четверг, сентября 08, 2016

Business World Magazine

08.09.2016

Russia: Tatneft bid for Bashneft privatization in force

Russian oil company Tatneft has bid for privatization of a state stake in oil company Bashneft and has not withdrawn it, Tatneft CEO Nail Maganov said

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Russia: harvesting of grains and pulses as of September 2, 2016

According to official data, as of September 2, Russian farmers had threshed 33.26 million ha (70.4%) of grains and legumes against 27.66 million ha as of the same date in 2015

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Russia: Ministry of Agriculture to come back to the issue of wheat export duties in 2018

The Ministry of Agriculture of the Russian Federation plans to return to discussion of the feasibility of wheat export duties in early 2018, the Deputy Minister of Agriculture of the Russian Federation Evgeny Gromyko declared

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Belarus: Zubr Capital seeking strategic investor for Atlant Telecom

Zubr Capital is considering the prospects of finding a strategic investor or raising capital for Belarus’ largest internet provider Atlant Telecom, Oleg Khusayenov, Director General at the Managing Company for Zubr Capital direct investment funds, reported

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Russia: WTO arbiters finish 1st hearing of 3rd energy package suit

The arbiter group of the World Trade Organization (WTO) has finished the first hearing on the merits of Russia’s case regarding the third energy package introduced by the E

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Ukraine: Ukrzaliznytsia and PKP Energetyka sign agreement on cooperation

Chairman of PKP Energetyka (Poland) Wojciech Ozhech and Board Chairman of PJSC Ukrzaliznytsia Wojciech Balczun have signed a cooperation agreement

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Ukraine: Ukroboronprom presenting defense potential at MSPO 2016 exhibition

The Ukroboronprom State Concern is presenting the potential of the Ukrainian defense and industrial complex at the 24th International Defence Industry Exhibition MSPO 2016 in Kielce (Poland) on September 6 through September 9

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Ukraine: over 7 million tons of grains exported

Since the beginning of 2016/2017 MY, Ukraine exported 7.213 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared

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Ukraine: oilseed crops condition in late August – early September 2016

During the last week of August and first week of September the weather was warm without precipitations. Only in the southern regions rains were observed in the form of heavy showers and in some regions – with lightning

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Ukraine and Hungary to develop med-term plan of cooperation

Ukraine and Hungary intend to develop a medium-term plan of cooperation in energy, infrastructure and agriculture. “Volodymyr Groysman, in the framework of the commission, initiated the development of a mid-term cooperation action plan for Ukraine and Hungary, in particular in the field of infrastructure, energy and agriculture”, the Cabinet of Ministers press service said, with reference to the results of a meeting between Ukrainian Prime Minister Volodymyr Groysman and Hungarian Prime Minister Viktor Orban

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Moldova: exports of wheat to the EU up in H1 2016

In the first half of 2016, Moldova significantly increased its exports of agricultural products to the EU markets. In particular, in the reporting period wheat supplies reached 178

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Mali to sign Russian tank and aircraft purchase contracts

General Dembele Adama, the Malian Ministry of Defense and Veterans Affairs’s cabinet chief, said that Mali wanted to sign a new contract with Russia on the purchase of tanks and air force technology, including aircraft, in addition to the existing arms procurement contract

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Kazakhstan: linseed exports to set a new record

In June linseed exports from Kazakhstan reached 16 KMT against 24 KMT in May and 47 KMT in June 2015. In general, it didn’t have a negative impact on the 2015/2016 season’s trend, when monthly exports exceeded the last year’s figures, and only June export was an exception

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Russia: investigators search Lenenergo office in St Petersburg

The Investigative Committee for St. Petersburg has searched the office of power utility Lenenergo, a source in law enforcement authorities reported

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Russia: nearly 10.9 million tons of wheat exported in January-July 2016

In January-July Russia exported 10.885 million tons of wheat and meslin valued at $1.886 billion, the Federal Customs Service of Russia declared

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Belarus: EEU cuts import duties

The Eurasian Economic Union (EEU) has reduced import duties from 5.43% to 5.3% of the customs value of goods. The new rates became effective on September 1

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Russia: over 6.5 million tons of grains exported in July-August 2016

During the first two months of 2016/2017 MY, Russia exported 6.58 million tons of grains, down by 4% YoY, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky declared

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Belarus: oil refineries short of own resources to complete upgrade

To complete its production upgrade program in 2016-2020, Belarus’ Mozyr NPZ (Gomel region) oil refinery will need $1 billion, while Naftan oil refinery (Vitebsk region) is short of $426 million, a source in the profile ministry reported

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Belarus: government extends loan repayment schedule for farms and agribusiness companies

Belarus’ farms and agribusiness enterprises, which received Br455.4 million ($232.255 million) in credits in 2016 to pay for mineral fertilizers, engine fuel and lubricants, will have their credit repayment schedule extended by one year, in accordance with President Lukashenko’s ordinance No

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Ukraine: Antonov to start practical cooperation with China on An-225 program by yearend

Antonov state enterprise (Kyiv) plans to start practical cooperation with China on the completion of modernized An-225 Mriya aircraft with a carrying capacity of 250 tons under the Aerospace Industry Corporation of China (AICC), however, the concern emphasizes the timing depends on the Chinese side

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