Business World Magazine: вторник, сентября 27, 2016

Business World Magazine

27.09.2016

Ukraine: grey flour market at nearly 1.3 million tons

There is a grey market of flour In Ukraine. If there are nearly 100 kg of flour per year per capita, which is close to the standard, then Ukraine should produce nearly 3

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Russia to remain a sleeping giant of global beef trade for some time

Squeezed consumer budgets are encouraging a marked shift in the Russian protein market, as beef consumption falls to record lows, while pork gains ever stronger market share, US officials said

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Russia: Aeroflot passenger traffic up in January-August 2016

Aeroflot PJSC announced traffic statistics for Aeroflot Group (“the group”) and Aeroflot – Russian Airlines (“the company”) for August and the first eight months of 2016

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Ukraine: groat exports down

During five recent years, Ukraine reduced the exports of groats by nearly 15% per year in terms of fierce competition between the Russian Federation, Belarus and Kazakhstan, the Director of the Association “Millers of Ukraine”, Head of Business Projects Division of APK-Inform Agency Rodion Rybchinskiy declared

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Ukraine: autumn weather regime entered

Second half of September was moderately warm with air temperature close to norm. Cyclone system, which arrived to Ukraine at the beginning of last week, went through all the territory of Ukraine and changed summer regime into autumn

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Ukraine: rains replenish soil moisture stocks

Early in September intensive rains were observed all over the Ukrainian territory. In the Kherson region abundant rains were seen with lightning in some places

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Ukraine: sunseed stocks down in September 2016

According to State statistics data, stocks of sunseed in Ukraine as of September 1, were 707.6 KMT, down by 2.2% YoY (723.4 KMT). Agro companies had 504

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Russia: Southeast Asian countries interested in drones

Southeast Asian countries are interested in Russia’s unmanned aerial vehicles (UAV), Deputy Director of Russia’s state arms exporter Rosoboronexport Sergey Goreslavsky said

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Turkmenistan: infrastructure for gas supply to West being prepared

Construction of a gas compressor station in Mary province of Turkmenistan has started, the message of the “Oil and Gas Complex” of Turkmenistan said

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Turkmenistan joins Paris agreement

Turkmen Foreign Minister Rashid Meredov signed the Paris agreement on the sidelines of the General Assembly at the UN headquarters in New York

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Turkmenistan: textile export to go up

The large-scale work is carried out in Turkmenistan to fully reveal the country’s economic potential and increase the textile export, Turkmen President Gurbanguly Berdimuhamedov said at a government meeting

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Azerbaijan: SOFAZ transfers to state budget to be cut

Transfers from the State Oil Fund of Azerbaijan (SOFAZ) to the state budget will be reduced by 1.5 billion manats in 2017, Samir Sharifov, Azerbaijani finance minister, reported

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Russia: wheat prices up after Egypt drops ergot ban policy

Russian wheat export prices rose last week for the first time since mid-August, buoyed by demand from Egypt after it dropped its policy of not importing wheat containing the ergot fungus

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Russia: oil market to reach balance in 2017

Oil market supply and demand can come into balance already in the second half of 2017 with market methods even if no agreements on the market stabilization are reached at the upcoming meeting in Algeria, Russian Energy Minister Alexander Novak reported

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Russia: Knights aerobatic team reportedly receives first Su-30SM fighter jet

The Russian Knights aerobatic team based in Kubinka near Moscow has started receiving the first Sukhoi Su-30SM (NATO reporting name: Flanker-C) multipurpose fighter jets, some Russian Internet sources recently said

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Russia: Telenor exit makes VimpelCom Ltd fitter

Russian billionaire Mikhail Fridman, a co-owner of VimpelCom Ltd., is happy that Norway’s Telenor has begun selling its stake in the wireless carrier, because competition between the two companies in some markets created an “abnormal” situation on the board

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Russia: Aircraft Corporation in talks with several countries on MIG-35 jets supplies

According to a spokeswoman for the company, Russian Aircraft Corporation MiG is currently holding talks with several potential buyers of the MiG-35 jet fighters

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Russia: antitrust seeking flexible excise duties on fuel

Russia’s Federal Antimonopoly Service has proposed to introduce a system of flexible excise duties on fuel, which can be revised every month, to stabilize a tax policy in the energy sector, the service’s Deputy Director Anatoly Golomolzin said

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Russia: nearly 8 million tons of grains exported

Since the beginning of 2016/2017 MY and as of September 21, the volume of grain exports from Russia totaled 7.83 million tons, down by 9% YoY (8

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Russia: first construction stage of vegoil extracting plant completed in Bashkiria

In Bashkiria the new vegoil extracting plant is being built with crushing capacity of 1.2 KMT of sunseed per day. Currently the first construction stage has been completed with vegoil press section having the capacity of 350 tons of raw material

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Russia: NCSP Group grain exports down in January-August 2016

In January-August the volume of grain shipment for exports by enterprises of PJSC Novorossiysk Commercial Sea Port (NCSP Group) totaled 3.54 million tons, down by 10

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Russia: Rosneft asking government to revise Transneft tariffs

Russian oil major Rosneft has suggested the government to revise the principle of investment component in tariffs of oil pipeline monopoly Transneft, according to the letter by Rosneft CEO Igor Sechin

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Belarus: Oman ready to invest in agricultural sector

Oman is ready to invest in the agricultural sector of Belarus, Sergei Rachkov, Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt with concurrent accreditation to Oman, Algeria and Sudan, said

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Russia: lifting of food embargo not to drop agricultural market

The Russian agriculture should not be afraid if the food products’ embargo is lifted for the countries, which had imposed sanctions against Russia, as the Russian products are quite competitive, Russia’s minister of agriculture Alexander Tkachev said

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Russia: grain exports from seaports up in late September 2016

On September 19-25, the export volumes of grains from the Russian seaports reached 747.4 thousand tons, against 229.4 thousand tons shipped on the previous week

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Russia to harvest 115 million tons of grains in 2016

The Ministry of Agriculture of Russia estimated the general grain harvest in the country in the current year at the level of 110-115 million tons, the minister Alexander Tkachev said

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Russia: Gazprom to expand LNG output in Far East for exports

Russian gas giant Gazprom plans to build a new platform for liquefied natural gas (LNG) production at its Sakhalin-2 project to boost gas exports to Japan, according to Gazprom Deputy CEO Alexander Medvedev

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Turkmenistan: cotton crop harvest as of September 2016

Some 451,370 tons of raw cotton were supped to collection points in Turkmenistan, the Turkmen government said. The cotton-picking campaign, which lasts from August to October, has been recently discussed at the governmental meeting

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Russia: 60 tons of vodka with fake excise stamps seized in Far East

Police in the Russian Far Eastern city of Chita have seized nearly 58 tons of vodka with forged excise stamps worth over 22 million rubles, the press service of the Interior Ministry department in the Zabaikalsky Krai said

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Russia: Irkutsk airport services 1.24 million flights in January-August 2016

As of the end of the high season of 2016, International Airport Irkutsk provided services to 1.24 million passengers. According to the company’s press service, the passenger flow during the holidays reached ca

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Ukraine: seaports grain exports up in late September 2016

On September 19-25, Ukraine exported 648.4 thousand tons of grains from the seaports, against 596.1 thousand tons on the previous week. In particular, wheat shipments reached 579

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