Bridgestone Corp. plans to launch a 12.5 billion ruble tire plant in the city of Ulyanovsk in September, the government of the region said in a report. “Bridgestone’s first Russian and CIS tire plant will be launched on September 13, on the territory of industrial park Zavolzhye in Ulyanovsk. Deliveries of the produced goods, radial…
Agrarians of Belarus started the mass planting campaign of winter grains, the Ministry of Agriculture and Food of the Republic of Belarus declared. As of the reporting date, all regions of the country planted grains throughout the areas of 93 thousand ha, or 6.9% of the plan. The general planned areas for winter crops planting…
Armenia has banned imports of pigs and pork from Ukraine, the Ukrainian Agrarian Confederation reports. “The ban on imports implied to pigs and pork, as well as the whole genetic materials of livestock: bristles, intestinal materials, leather, various raw materials, and pork products as well as hunting trophies”, reads the report. In addition, Armenia imposed…
Traders are not glad with prices in the new season. World grain production continues to set new records, and puts pressure on prices. CBOT wheat futures fell to a ten-year low affecting the Black Sea export prices. Compared with early September 2015, grain prices lost no less than $10/MT. Given that Ukraine exports more than…
According to official statistics, in July Ukrainian barley exports rose by 19% YoY. In July Ukraine exported about 1011.6 KMT against 848 KMT in July 2015. More than half of the exported barley was shipped to Saudi Arabia. Large share of barley was exported to Libya (148.3 KMT) and China (90.2 KMT). Peculiar in the…
The Ministry of Economic Development and Trade (MEDT) of Ukraine opens competitive selection for CEO positions at state-owned companies Ukrkhimtransamiak (operator of ammonia pipeline), Elektrovazhmash (electric machinery producer), Mariupol Commercial Seaport and Boryspil International Airport. The ministry has invited reputable recruiting agencies to help find top-class managers with an impeccable reputation and successful track record…
Azerbaijan’s state oil company SOCAR was focused on diversification of its investments even when the oil prices were high, and this strategy would ensure stability of the company’s revenues, President of SOCAR Rovnag Abdullayev said. “As a result of the right investment strategy, the value of SOCAR’s total assets increased from 9 billion manats to…