China: Victrex 10 years at AITC

June marked 10 years since Victrex opened its Asia Innovation and Technology Centre (AITC) in Shanghai, a move that has brought the company and its customers together in close collaboration on product development. The successful approach of the AITC includes cooperative fast prototyping as well as design and process optimisation. Centred on PAEK-based solutions such…

Kyrgyzstan: issue of electricity supply from Tajikistan in summer rising again

Kyrgyzstan is again considering the issue of electricity supply from Tajikistan in summer, the department of information support of the government reported. The deputy prime minister Oleg Pankratov held a meeting on preparations for the autumn-winter of 2016/2017 and discussed the accumulation of water in the Toktogul reservoir. He instructed the National Energy holding of…

Business World Magazine via e-mail

Every day (except for week-ends and holidays) You can receive the Business World Magazine as an *.html file via e-mail. Each issue has around 80 publications, analytics, statistics, forecasts and prices. DEMO VERSION Business World Magazine informs on doing business in various countries, with special attention paid to Ukraine, Russia, Belarus, Azerbaijan and other ex-USSR countries,…

Ukraine: international reserves keep increasing

Preliminary data suggests that as of July 1, Ukraine’s international reserves amounted to the equivalent of $13.98 billion. The stock of international reserves keeps increasing for a third consecutive month. In June, international reserves expanded by 3.3% MOM, or by $452 million. In annual terms, international reserves rose by 36.3% YoY. June’s increase in international…

Ukraine: hearings of Naftogaz and Gazprom’s gas contract in Stockholm arbitration court to start late September 2016

Hearings by the Arbitration Institute of the Stockholm Chamber of Commerce in litigation between national joint-stock company Naftogaz Ukrainy and Russia’s Gazprom over the natural gas supply and transit contracts signed early 2009 will start late September and late November or early December, respectively, Naftogaz Ukrainy board chairman Andriy Kobolev said. He said that the…

Azerbaijan: Hungarian Eximbank ready to increase funding for projects

Hungary is ready to increase funding for the projects in Azerbaijan through the state Eximbank in case of necessity, Imre Laslotsky, Hungarian extraordinary and plenipotentiary ambassador to Azerbaijan, said. “Eximbank’s credit line worth $200 million was opened for these purposes within the framework agreement”, Laslotsky said. “In case of necessity, the amount of funding can…

Ukraine: Gazprom’s claims against Naftogaz for take-or-pay condition to reach $60 billion

The total claims of Russia’s Gazprom against the national joint-stock company Naftogaz Ukrainy for the take-or-pay condition outlined in the 2009 contracts and challenged in court could reach $60 billion by 2020, Naftogaz Ukrainy commercial director Yuriy Vitrenko has said. He said Gazprom’s claims had so far amounted to $29.2 billion, and, taking into account…

Russia: China lifts restrictions on poultry imports

China has lifted restrictions on supplies of poultry from Russia introduced in 2005 in connection with the avian flu, China’s Quality Control, Inspection and Quarantine Administration and the Ministry of Agriculture said. The document dated July 1, cancels earlier introduced decree prohibiting poultry import from Russia. Publication of this document is the first step in…

Belarus: dairy supplies to Russia

Belarusian producers and Russian sales networks discussed the supplies of dairy products at a meeting in Moscow. The Belarusian diplomatic mission hosted the meeting that featured Russian experts in the quality of chain stores and representatives of quality units and manufacturing technicians of the Belarusian dairies. The meeting highlighted cooperation in the supplies of Belarusian…

Ukraine: corn stocks down

According to the State Statistics Committee, as of April 1, stocks of grain and pulses in Ukraine totaled 7.98 MMT, down by 20% YoY. Corn stocks decreased by 36%, to 3.073 MMT compared to 4.814 MMT on June 1, 2015. Wheat stocks went down by 3.6%, to 3.867 MMT, barley – by 13%, to 693…