Ukraine: the Dnieper to be developed with the Netherlands

Ukraine and Netherlands agreed to strengthen cooperation in the sphere of internal waterways development and port infrastructure. According to the results of meetings with Ministry representatives and Ambassador of Netherlands in Ukraine, agreements were reached concerning the visits of responsible Ukrainian ministry representatives to the Netherlands so as to gain experience in internal waterways management.…

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Ukraine: seaports grain exports up in late September 2016

On September 26 – October 2, Ukraine exported 1.02 million tons of grains from the seaports, against 648.4 thousand tons on the previous week.

In particular, wheat shipments reached 804 thousand tons, barley – 153.8 thousand tons, and corn – 65.7 thousand tons. (APK-Inform/Business World Magazine)

Russia: suggestions for Rossiya Airlines sale to be prepared by October 10, 2016

Russia’s Transport Ministry will prepare proposals to sale national flag carrier Aeroflot’s 75% minus one share stake in Rossiya Airlines by October 10, minister Maxim Sokolov announced.

“I think that the deadline for that is set for October 10, in accordance with the government ruling”, Sokolov said. (Prime/Business World Magazine)

Ukraine: Poroshenko congratulates Luch Bureau on successful test of new weapon

Ukrainian President Petro Poroshenko has congratulated the Kyiv-based government-run Luch Design Bureau on its successful test of the Sarmat new remote weapon system with anti-tank missiles.

The head of state said that Ukrainian Armed Forces were the main guarantee of the country’s independence. (Interfax/Business World Magazine)

Russia: Moscow court to consider 3 billion RUR Rosneft suit to RBC on November 11, 2016

The Moscow Arbitration Court will consider a 3.1 billion ruble suit filed by oil major Rosneft against channel RBC-TV and BusinessPress, the founder of media holding RBC, on November 11, according to a court statement. Several reporters of the holding, Konstantin Bochkaryov, Timofei Dzyadko, Lyudmila Podobedova and Maxim Tovkailo, were listed as co-defendants in the…

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Russia: retail sales to recover in 2017

Russian retail sales are not expected to see a significant positive dynamics in 2016 but will likely recover in 2017, Industry and Trade Minister Denis Manturov said. “We will unlikely see significant positive dynamics (of retail sales) YoY in 2016, but there is a feeling of some recovery. Let’s see how the situation will unfold…

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Russia: in late September 2016 grain exports from the seaports halved

On September 26 – October 2, the export volumes of grains from the Russian seaports reached 425.8 thousand tons, against 747.4 thousand tons shipped on the previous week.

In particular, the wheat shipments totaled 382.5 thousand tons, barley – 1.2 thousand tons, and corn – 39.1 thousand tons. (APK-Inform/Business World Magazine)

Russia: export duties on wheat to be restored

The Ministry of Agriculture of Russia does not entirely foreclose the possibility of renewal of the export duties on wheat in terms of force majeure circumstances, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared. According to him, the government cancelled the export duties, because the market had stabilized, and there was no…

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Ukraine: grain exports to reach last year record level

In the current season the export potential of Ukraine in the grain segment totals 38.1 million tons.

This is a decrease of only 1.1% compared with the record high level in 2015/2016 MY. (APK-Inform/Business World Magazine)