Russia: MADI starts developing new amphibious platform

The Moscow Automobile and Road Construction State Technical University (MADI) has started developing a versatile amphibious platform for light, extra light and heavy vehicles operational with the Airborne Force, the Airborne Force’s press office said. “The Airborne Force and top specialists of the Moscow Automobile and Road Construction State Technical University have started jointly developing…


Kazakhstan: 86 thousand tons of grains supplied to Azerbaijan in 2015-2016

In 2015/2016 MY, Kazakhstan exported 86 thousand tons of grains to Azerbaijan, the Ministry of Agriculture of the Republic of Kazakhstan declared. According to the announcement, Azerbaijan remains one of the traditional export markets for Kazakh grains. But during several recent years Azerbaijan reduced purchases of Kazakh grains due to increase of domestic production volumes.…


Belarus: planting campaign of rapeseed almost done

As of September 15, agricultural organizations of Belarus harvested 306.1 thousand tons of rapeseed with the average yield of 1.57 ton/ha. The harvested areas reached almost 195 thousand ha of the oilseed (92.4% of the plan).

In addition, agrarians planted winter crops throughout 476.3 thousand ha, or 35.4% of the plan. (APK-Inform/Business World Magazine)

Azerbaijan and Lithuania to expand co-op in railway sector

Azerbaijan and Lithuania have reached an agreement to even more expand bilateral cooperation in railway sector, spokesperson for Azerbaijan Railways Nadir Azmammadov reported. The agreement was reached during a meeting between the head of Azerbaijan Railways CJSC Javid Gurbanov and Lithuania’s ambassador to Azerbaijan Valdas Lastauskas in Baku. During the meeting, the parties discussed the…


Ukraine: Arterium buys Marifarm

Arterium Corporation (Kyiv) has acquired Marifarm pharmaceutical company (Maribor, Slovenia) from Slovenian bank Nova KBM (NKBM). The bank has not disclosed the amount of the transaction. According to unofficial information from Maribor’s local edition Vecer, it is estimated at 6.8 million euro. Arterium and Marifarm intend to jointly explore new possibilities of development of pharmaceutical…


Ukraine: sugar plants produce 94,000 tons of sugar since season start

As of September 15, Ukrainian sugar plants produced 94 thousand tons of sugar, Ukrtsukor National Association of Sugar Producers of Ukraine reports. Currently, 21 sugar plants are running in Vinnytsia, Volyn, Zhytomyr, Kirovohrad, Kyiv, Lviv, Poltava, Ternopil, Kharkiv, Khmelnytskyi and Cherkassy regions. Ukraine’s sugar production output reached 93.8 thousand tons on September 14. A total…


Ukraine: GDP up in Q2 2016

The GDP growth in the second quarter of this year was 1.3%, whereas it amounted to 0.1% in the first quarter. The First Vice Prime Minister, Economic Development and Trade Minister of Ukraine Stepan Kubiv said this at the Cabinet’s meeting. “We saw the growth of GDP by 0.1% in the first quarter of 2016…


Russia: NME to start grain interventions

The National Mercantile Exchange will start public purchasing interventions in relation to new crop grains in the coming days, the Director of the Department of regulation of agricultural markets at the Ministry of Agriculture Vladimir Volik declared. According to him, trading operations will run either on September 16, or on September 19. Also, Volik specified…


Ukraine: economy already started growing

Ukraine’s economy demonstrates a growing dynamics, thereby affording to fill the state budget and to invest in improving the quality of life of the Ukrainian people and citizens. Prime Minister of Ukraine Volodymyr Groysman announced this while opening a government meeting on Wednesday, the press service of the government’s portal reported. “In fact, today we…


Belarus: Panasonic launches TV-set production

Panasonic, one of the world’s largest manufacturers of consumer electronics, is launching TV-set production in Belarus, the company said in a press-release. Panasonic has considered several locations in other member states of the Customs Union, but has chosen Belarus as the best site in terms of quality, flexibility and production speed. Initially the company plans…