Burgas-Alexandroupolis oil pipeline project may be resumed in case of difficulties with navigation through the Black Sea straits, Chief Executive Officer of the Russian pipeline operator Nikolai Tokarev said. “We have just recently received a formal notice of they support prospects of Burgas-Alexandroupolis oil pipeline project. They are against winding-up a management company created for…
According to preliminary data, agricultural households of all categories in Russia (agricultural organizations, farmers, population) planted grain crops and pulses for the harvest-2016 throughout the areas of 47.2 million ha, up by 0.6% YoYr, or up by 275 thousand ha, the Federal State Statistics Service (Rosstat) reported. According to the announcement, the planted areas under…
The Moscow Ninth Appellation Court upheld the decision under the lawsuit of designer Christian Louboutin against Russian perfumery suppliers. The Moscow Arbitration Court earlier ordered to collect over 24 million rubles ($375,445) for violation of trademark rights. “The decision of the Moscow Arbitration Court of April 22, should be left unchanged and appeals should not…
Russian inventors from Aeromechanics Company unveil Micron gyrocopter. They’ve created what’s believed to be one of the smallest and lightest helicopters in the world. The invention weighs only 115 kilograms and can reach speeds of up to 120 kilometers per hour. The chopper can easily take off from any landing site with a 10-meter diameter.…
According to the Association of Russian Seaports, in January-June grain handling in ports of the country increased by 29.4% YoY, to 12.1 MMT. In the first half of 2016 cargo turnover in Russian seaports grew by 6%, to 344.6 MMT. Such considerable increase in grain handling in Russian seaports became possible due to record export…
In the current year the average yield of early grains and pulses in Ukraine will exceed the index of 2015 by 0.4 t/ha, which will completely ensure the domestic demand and export potential, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the updated harvesting data from regions. According to the announcement,…
As of July 1, agricultural enterprises (excluding small-scale ones), and grain storage and processing enterprises of Ukraine stocked 7.032 million tons of grains (including 3.013 million tons of wheat, 2.178 million tons of corn, 1.512 million tons of barley, 46.5 thousand tons of rye), down by 839 thousand tons YoY, the State Statistics Service of…