Russia: Boeing top exec to chair Sukhoi Civil Aircraft

Boeing Commercial Airplanes top executive Kamil Gaynutdinov will become CEO of Russia’s Sukhoi Civil Aircraft. In 2003, Gaynutdinov worked at airline UTair being responsible for contracts on helicopter transportation abroad and in 2005 he chaired Boeing Commercial Airplanes’ division Commercial Aviation Services in Russia and the CIS. Ilya Tarasenko, the current CEO of Sukhoi Civil…

Belarus: MAZ to sell 100 buses to Russia

The Belarusian automaker Minsk Automobile Plant (MAZ trademark) will ship 100 buses to the Russian city of Kazan in the Republic of Tatarstan, representatives of the company said. The Belarusian low-floor large-capacity buses MAZ 203 will be used to transport passengers during the world football championship that will take place in Kazan in 2018. The…

Belarus: companies’ equity capital up in January-July 2016

The equity capital of Belarusian companies (except for banks, insurance and state-funded companies, micro- and small-sized companies without departmental affiliation) grew by 0.8% in January-July to Br112.8 billion ($57.6 billion), Belarus’ National Statistical Committee (Belstat) said in a statistical report. Companies’ liabilities stood at Br120.7 billion ($61.7 billion) as of July 1, up by 10.9%…

Belarus: truck exports up in H1 2016

Belarus increased truck exports by 24% YoY in January-June to 1,847 units, Belstat said in a statistical report. Truck exports to the CIS states grew by 13.5% to 1,546 units at the average price of $140,123 apiece (down by 10.8% YoY), other foreign countries – 301 units (up 2.4 times), average price – $116,598 (down…

Belarus: food exports down in H1 2016

Belarus’ food exports dropped by 11.2% YoY in January-June to $1.611 billion, the National Statistics Committee (Belstat) reported. The largest decline was registered in exports of the following foods: milk, cream powder, condensed cream – down by 12% to $218.5 million, sugar – down by 19.4% to $96.7 million, potatoes – down by 64.6% to…

Azerbaijan to transport gas from Iran and Iraq to Europe

Azerbaijan is considering the possibility of transporting Iranian gas through its territory to Europe, said Azerbaijan’s Deputy Energy Minister Natig Abbasov. He noted that it would become possible through Iran’s joining the Trans-Anatolian Natural Gas Pipeline (TANAP) project. Abbasov didn’t exclude possibility of transporting Iraqi gas through Azerbaijan to Europe. TANAP project envisages transportation of…

Belarus: agricultural enterprises in Vitebsk region in for large-scale reorganization in 2016-2017

Plans have been made to reorganize agribusiness enterprises in Vitebsk region in 2016-2017. The relevant measures are stipulated by Belarus president decree No. 320 of August 25. The document has been adopted to improve the performance of the enterprises, enable conditions conducive to agribusiness development in Vitebsk region and raise investments. In line with the…

Ukraine: seaports grain exports down in August 2016

On August 22-28, Ukraine exported 552.7 thousand tons of grains from the seaports, against 647.7 thousand tons in the previous week.

In particular, wheat shipments reached 391.1 thousand tons, corn – 10.7 thousand tons, and barley – 150.9 thousand tons. (APK-Inform/Business World Magazine)