Russia: 19.5% of Rosneft to be sold this year

There is a chance to privatize Russian oil major Rosneft by the end of the year, presidential aide Andrei Belousov reported. “In accordance with the schedule we should have time to do this”, he said. Economic Development Minister Alexei Ulyukayev said in late August that the government might have no time to privatize 19.5% in…

Russia: international traffic down in July 2016

Russia’s international traffic fell by 26.6% in July to 3.6 million passengers, according to Russia’s Federal Air Transport Agency, Rosaviatsia. Total international and domestic traffic reached 10.1 million, down by 10.3% YoY. In January-July Russian airlines carried 48.2 million passengers, down by 8.2% YoY. International traffic dropped by 26.7% to 17 million, domestic increased by…

Russia: Roscosmos to create space robots

Russia’s State Space Corporation, Roscosmos, has announced a tender to create space robots (Kosmorobot) that will assist cosmonauts during their extravehicular activities. The project’s contract price tag comes to 2.4 billion rubles ($36.78 million). This information has been published on the public procurement website. According to the technical design assignment, the robots will have to…

Kazakhstan: spring grain harvesting started

At the beginning of last week weather conditions were favorable for completion of winter wheat harvesting in the South and South East. Crops condition is mainly good and stage of development is full ripeness. In the reporting period conditions were also favorable for growth and development of spring grain crops and grain filling, though short-term…

Russia: giant agro firm to export pork to Vietnam

Rusagro Group, one of the largest vertically integrated enterprises in Russia, plans to export pork to Vietnam beginning next year. “Shipments are expected to start next year”, Maxin Basov, General Director of Rusagro, said. Russia’s largest meat processor ABH Miratorg has also been licensed to supply poultry, pork and beef to Vietnam. “With a population…

Belarus: nearly 7 million tons of grains harvested

As of September 1, agricultural organizations of Belarus harvested grains and pulses throughout the areas of 2.067 million ha (98.1% of the plan). The average yield totaled 3.35 ton/ha, the Ministry of Agriculture of the Republic of Belarus declared. The harvested volumes reached 6.932 million tons of grains (taking into account buckwheat and millet), down…

Ukraine: Antonov and AICC agree on long-term cooperation on An-225 Mriya aircraft

Kyiv-based state-run Antonov enterprise and Aerospace Industry Corporation of China (AICC) have signed an agreement on cooperation under the An-225 Mriya aircraft program, the Ukrainian company’s press service has said. “The parties have expressed their intention to cooperate in the long-term outlook, which foresees the construction of the second sample of the modernized An-225 Mriya…

Russia: watchdog opposes excise duty on sweetened beverages

Russia’s Federal Antimonopoly Service believes that a decision to introduce an excise duty on sugar-containing beverages will lead to higher food prices, a lower purchasing power and falling budget revenues, Anna Mirochinenko, director of the service’s chemical and agriculture industries control department, said. “The Federal Antimonopoly Service believes that expanding the list of excisable goods…

Russia: soybean production volumes to be doubled

The Ministry of Agriculture of Russia plans to double soybean production volumes in the country, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared. According to him, increasing of the domestic production of the oilseed would break the dependence on imports of low-quality soybeans, including genetically modified oilseed, as well as allow increasing…

Russia: new Apple products certified

Russia has certified Apple’s new smartphones, smartwatches and wireless headphones. The certification shows two modifications of the iPhone 7 instead of three earlier expected. The smartphones will run on the iOS 10 operating system. Apple certified three new models of the Apple Watch on the watch OS2 system. The U.S. giant will unveil its new…

Russia: sunflower export tax down

Starting from September 1, Russia is decreasing export tax for sunflower, exported to the non-Customs Union countries. The corresponding decree has already been published on the government’s web-site. Sunflower seed export tax, including material for seeding purposes, will equal 6.5% from the good’s customs value, but no less than EUR 9.75 per 1 MT. Currently…

Russia: AFK Sistema sells 50% in SG-Trans

Russian multi-industry holding AFK Sistema has closed a deal to sell a 50% stake in railway cargo operator SG-Trans to a group of undisclosed non-affiliated buyers for 6 billion rubles, the holding said in a statement. Sistema President Mikhail Shamolin said in June that the company was selling its stake in the asset. An official…