The international rating agency Fitch expects that corporate lending in Russia will grow by 5% in 2016 and retail loans will increase within 3%, the agency’s analyst Anton Lopatin said. “In the first half of the year corporate lending adjusted for currency revaluation increased by 2%. Reasons of this growth – rates have decreased, correspondingly,…
Enel, through its renewable energy subsidiary Enel Green Power Brasil Participacoes Ltda. (“EGPB”), has started the construction of the Horizonte solar plant, located in Tabocas do Brejo Velho in the state of Bahia in North-Eastern Brazil. “With the start of construction of Horizonte, Enel has reached yet another milestone in the implementation of its growth…
Egypt has not received any complaints from Russia over the quality of fruit and vegetable supplies, Egyptian newspaper Ash-Shuruk reported citing Ibrahim Imbabi, head of the quarantine office at Egypt’s agriculture ministry. Egypt exports around 320,000 tons of citrus fruits and 200,000 tons of potatoes, as well as onion and pomegranates to Russia, Imbabi said.…
Boryspil International Airport (Kyiv) plans to attract a large operator to implement an investment project of a large logistics center. According to the press service of the airport, it is planned to allocate a significant territory in the second flight zone for building a center for processing aviation cargo. “Creating a high-tech cargo hub of…
Belarus OAO Praimilk (affiliated with OAO Biocom) has launched a factory in Shchuchin (Grodno region) to process lactoserum and produce serum concentrate, a company official reported. The total value of the project stands at Br97 million ($49.8 million), the factory’s installed capacity – 27,100 tons of serum concentrate a year. The new factory uses a…
Belarus and Ecuador discussed their cooperation during the 71st session of the UN General Assembly, the press service of the Belarusian Ministry of Foreign Affairs reported. Belarus-Ecuador cooperation was in the spotlight at the meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Ecuador Igor Poluyan and Acting Deputy Minister of Foreign Affairs and Migration…
Belarus’ Ambassador to Venezuela Oleg Pafenov met with the heads of Venezuelan companies to discuss prospects for further cooperation. “The Ambassador held working meetings with heads of three assembly plants built by Belarusian specialists. The parties discussed the current issues related to the operation of companies and talked over the prospects for further mutually beneficial…