According to the Russian Slon.ru news portal, the Ukrainian economy has been showing stronger growth than that of Russia, according to the official statistics of the two countries. In the fourth quarter of 2015, Ukraine’s GDP did not fall as steeply as Russia’s, and, in the first quarter of 2016, even rose slightly in contrast…Details
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The production of vodka in Russia has increased year on year by 30% in April and 29% in May. The increase has been informally linked to raids carried out by the Federal Security Service (FSB) and Federal Tax Service in February. The groups raided a number of illegal vodka factories in the Northern Caucasus, closing…Details
The Hong Kong Airport Authority is considering selling off the aircraft, owned by a defunct Russian airline, after it failed to pay outstanding parking fees, according to a court document. In a rare move, the city’s aviation bosses are seeking to claw back money owed by Transaero Airlines, enforcing the Airport Authority Ordinance, which empowers…Details
Current potato prices in Russia take just a third of those levels registered in the mid-February 2015. For the present, farmers from main producing regions are ready to ship at RUB 6-8/kg ($0.07-0.11/kg), and prices of nonstandard produce do not exceed RUB 5/kg ($0.06/kg). For comparison, last year growers were uninterested in selling high-quality potatoes…Details
This year sunflower planted area for the 2016/2017 crop has already reached 7069.7 thousand ha, which exceeds the intended 6949.6 thousand ha by 120.1 thousand ha. As UkrAgroConsult estimated earlier, planted area may be expanded to 7200 thousand ha. Despite the fact that this area is below the record large acreage of the 2011/2012 season…Details
Russian Federal Service for Veterinary and Phyto-Sanitary Control has reconsidered its decision to ban imports of vegetative products from Macedonia, the watchdog’s deputy head Alexey Alekseyenko said after negotiations with the republic’s representatives in Moscow. “Previously, we were concerned over attempts by criminal groups to use fake certificates of Macedonia’s Quarantine and Plant Protection Service”,…Details
As of July 4, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 1.4 million ha (in 2015 – 0.7 million ha) and produced nearly 6 million tons of grains, with the average yield of 4.27 t/ha (in 2015 – 2.7 million tons with the yield of 3.85 t/ha),…Details