Ukraine: flour production down in H1 2016

In January-June Ukrainian flour milling enterprises produced 888 thousand tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared. At the same time, the production volumes in June totaled 132 thousand tons, up by 0.7% MoM and down by 14.6% YoY. In January-June the production volumes of crude sunflower oil in…

Russia: who buys MiG-29M

A flurry of construction is underway that could help Russia’s faltering MiG aircraft manufacturer. But a lingering question remains: who is purchasing the expected 46 new MiG-29M fighter jets? There has been no official confirmation about who has signed the jet deal for a contract that has been estimated to be worth $2 billion. Hints…

Uzbekistan to export $1.1 billion worth of textile, garment and knitwear in 2016

Uzbekistan plans to export textile, garment and knitwear products valued at over $1.1 billion. The country has attracted foreign investments for $2.5 billion to the sector. During the last several years, Uzbekistan realized over 200 projects with participation of foreign investors from Great Britain, Germany, Switzerland, Italy, South Korea, Japan, Singapore, India and other partner…

Uzbekistan: new cement plant commissioned

One of the major projects – construction of “Titan Cement” enterprise – has been completed and put into operation in Karauzyak region of Karakalpakstan. The project’s cost is 10.6 billion soums and $17 million dollars. It will produce 200 thousand tons of cement per year. In addition, about 200 new jobs will be created. (Uzreport/Business…