Alcohol imports into Russia may stop due to a shortage of excise stamps. Russian law requires all alcohol imports to have a stamp so that they can be properly taxed. The State Duma called for the old excise stamps to be replaced by a new model last year, but no company has yet been given…Details
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In 2016 “Kyiv Automatics Plant named after G. Petrovsky” – SE “UkrOboronProm” owns government’s stake in registered capital of the given enterprise – increased sales 2.4 times YoY. “In six months of this year the company sold products for a total of 38.6 million UAH. Last year this index amounted to 16.3 million UAH”, said…Details
Continuing trucks market decline in Ukraine that has almost brought domestic production to a halt affects negatively “AutoKrAZ”. The only Ukrainian manufacturer of heavy-duty trucks, Kremenchug Automobile Plant, finds it difficult to withstand crisis but progress made shows that the situation stabilizes gradually and production rate tends to increase. Within the second quarter of this…Details
Kazakhstan has imported about 6 thousand tons of Polish apples in December 2014, an increase of 50% compared with the same month of the previous year and record high result for at least 5 past seasons. It should be noted that Poland has been raising apple exports to Kazakhstan since the very beginning of the…Details
Kazakhstan’s largest oil producer Tengizchevroil (TCO) plans to produce first oil at Tengiz oilfield in 2022. Investments into the project expansion will amount to $36.8 billion, TCO said. The decision was made to finance the next phase of expanding production facilities of the Tengiz oilfield, the company reported. It will comprise the future expansion project…Details
One of the largest corporations in Japan, Mitsubishi Corporation, and NIKO Group have created a joint venture MMC Ukraine LLC (Kyiv) with 60% and 40% shares respectively. The company is a new Mitsubishi car distributor in Ukraine. MMC Ukraine has been a representative of Mitsubishi Motors Corporation in Ukraine and Moldova since May 10, 2016.…Details
In 2016, the general grain harvest in Russia will reach 110 million tons, which will become the record index for the country, announced the deputy director of the strategic management department at Rusagrotrans Igor Pavensky. According to the expert, Rusagrotrans raised its estimations of the index from 108.1 million tons to 110 million tons. If…Details