In the following 15-20 years, Russia will cover nearly 15% of the global food market, and increase the sum of agricultural exports to $150 billion, specialists of the International Independent Institute of Agricultural Policy (MNIAP) forecast. According to the head of MNIAP Elena Skrynnik, globalization of the Russian agricultural exports is one of the main…
On October 3-9, export volumes of grains from the Russian seaports reached 325.8 thousand tons against 425.8 thousand tons shipped on the previous week. In particular, wheat shipments totaled 238.3 thousand tons, barley – 14.2 thousand tons, corn – 70.4 thousand tons, and peas – 3 thousand tons. (APK-Inform/Business World Magazine)
According to territorial directorates of the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor), in July-September the exports of grain crops and its by-products from Russia totaled 12.5 million tons, the press-service declared. The exports of the reporting products, not including cargo movements to the territory of the Customs Union, totaled 12.1 million tons, down…
S7 Group, the new owner of the Sea Launch floating spaceport, intends to carry out 10-12 launches in the first five years after the resumption of the spaceport’s work, CEO of S7 Space Transport Systems Sergei Sopov reported. S7 Space Transport Systems is the operator of the Sea Launch spaceport. “About 10-12 launches, if we…
Russian independent gas producer Novatek decreased its gas production by 0.3% YoY to 49.95 billion cubic meters in January-September, the company said in a statement. The output of liquid hydrocarbons rose by 43.6% to 9.387 million tons. (Prime/Business World Magazine)
The Russian government will factor in continuing sanctions against the country in the 2017-2019 budget draft, Prime Minister Dmitry Medvedev said. “While writing up the draft we base, as we have repeatedly discussed, on a cautious estimate of the economic situation on global markets, a conservative estimate. In particular, due to a quite low trend…
The Russian company Modern Aviation Technologies (KB SAT) plans to begin production of the new SR-10 single-engine light aerobatic jet trainer aircraft in 2017. “Production of the first aircraft is scheduled for the end of 2017. According to the plans of the Ministry of Defense of the Russian Federation in 2018-2019 a pilot batch of…