VTB Bank is going to grant Amuragrocenter Ltd (Amursk region) a credit line of 400 million rubles for construction of soybean oil extraction plant on the territory of advanced development of Belogorsk. First funds from the bank were granted for this project in July 2015. Total sum of the project is 5.8 billion rubles. Project…
The Ministry of Agriculture of the Russian Federation stressed the deficit of capacities for grain storage in the Siberian region. Therefore, the Ministry plans to sell old crop grains in the form of humanitarian assistance or through any other channel, the Director of the Department of regulation of agricultural markets at the Ministry of Agriculture…
Russian President Vladimir Putin has all necessary information about a bribery case against executives of power producer T Plus, a part of multi-industry holding Renova Group, and former officials of the Komi Republic, spokesman Dmitry Peskov said. “In this case the president certainly has all necessary information, what is more from different sources”, Peskov said.…
There are conditions for the central bank to cut its key rate at the upcoming meeting on Friday, inflation is slowing, national top lender Sberbank CEO German Gref said. “On the whole, there are objective reasons for a key rate cut”, he said. “There is a problem that in the third and fourth quarters seasonal…
Kazakhstan specified three prospective markets for agricultural products supplying: the People’s Republic of China, the Russian Federation, and Iran, the Deputy Chairman of the Board of the National Chamber of Entrepreneurs of Kazakhstan Atameken Tulemis Shotanov declared. In particular, JSC NC Food Contract Corporation supplies more than 60% of its general export volumes of grains…
According to Kazakh Agrarian Ministry, over the last season Kazakh wheat exports to China were four times as high as in 2014/2015. In 2014/2015 MY 110 KMT was exported and in 2015/2016 the volumes reached 414 KMT. This became possible due to the possibility to transport grain in sacks as well as bulk according to…
Analysts of APK-Inform Agency have increased the forecast of corn exports from Ukraine in 2016/2017 MY to 17.7 million tons, up by 6% YoY. Barley supplies to foreign markets will grow to 5 million tons (up by 13.3%). (APK-Inform/Business World Magazine)