Russian propulsion engineering firm Energomash is open to contracts to build partially reusable launch vehicles, the company’s chief executive Igor Arbuzov said. “If a real customer turns up who will need a carrier rocket with a reusable stage – we will make one”, Arbuzov said. He added there had been no contracts for rocket stages…
DetailsRussian oil pipeline monopoly Transneft has received instructions of the Central Energy Customs to suspend oil product supplies to Ukraine, Igor Dyomin, advisor to the company’s president, said. “To ensure the Russian legislation in the sphere of export control we were asked to stop transportation of oil products to Ukraine”, he said. In early 2016…
DetailsIn January-August the seaports of Krasnodar Krai (Yeysk, Kavkaz, Novorossiysk, Temryuk, Taman and Tuapse) exported 722 vessels with grain and its by-products, at the volume of 11.807 million tons, the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) declared. In the reporting period the seaports of Krasnodar Krai shipped grain cargoes to 54 countries. In…
DetailsIn the current marketing year (July 2016 – June 2017) Kazakhstan plans to export 8.5 million tons of grain, Sabit Kashkimbayev, Deputy Chairman of National Company Food Corporation JSC, said at a briefing on the current state of the harvest campaign in the country. He said that Kazakhstan planned to export 8.5 million tons of…
DetailsIn January-August the grain terminal JSC Ak Biday Terminal, the subsidiary of the National Company Food Contract Corporation JSC, exported 392.6 thousand tons of grains through its grain terminal in the Aktau port, the press-service of Food Contract Corporation declared. According to the announcement, in the same period of 2015 the shipped volumes exceeded 209…
DetailsAccording to official data, as of September 5, grain crops had been threshed from 6137.2 thousand ha, or 40% of the plan. 9206.3 KMT was harvested with the average yield of 1.5 MT/ha. On the same date of 2015, 3565.4 KMT of grain had been harvested from 2982.2 thousand ha with the average yield of…
DetailsThe private Egyptian grain trading company Medsofts plans to re-export 31 thousand tons of Russian wheat, after the Egyptian quarantine authorities rejected to unload the shipload contracted in July, due to detection of the ergot fungus traces. The wheat shipload arrived to the Egyptian port of Damietta in July, Medsofts was unable to get clearance…
DetailsBelarus plans to export dump trucks and mining equipment to Armenia. The issue was discussed during the trip of Belarusian Ambassador Igor Nazaruk to Armenia’s Syunik Province. The Ambassador visited a number of Armenian mining enterprises, in particular, Zangezur Copper and Molybdenum Plant, Agarak Copper and Molybdenum Plant, Kapan Mining and Processing Plant. The meeting…
DetailsBelarus and China have stepped up efforts to reach a new level of cooperation that will include direct investments into all spheres. Deputy Head of the Belarus President Administration Nikolai Snopkov made the statement during the seminar held on September 9, to discuss ways to couple the manufacturing potentials of Belarus and China. Nikolai Snopkov…
DetailsIn 2016, the general grain harvest in Ukraine will reach 62.3 million tons, up by 2 million tons YoY, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared. But some industrial associations estimate the grain production at a much higher level, he added. Previously the Ministry of Agrarian Policy forecast grain harvest…
DetailsIn January-August Ukraine imported $902.221 million worth of coal and anthracite, in particular $104.331 million in August. According to the State Fiscal Service, Russia supplied coal for $594.937 million, the United States for $132.658 million, Australia for $49.461 million, other countries for $125.165 million. The total volume of coal delivered to the country for the…
DetailsThe combined net profit of Russian banks amounted to 537 billion rubles in January-August and it is expected to exceed 700 billion rubles overall in 2016, Deputy Central Bank Chairman Mikhail Sukhov said. He said that the January-August net profit exceeded the central bank’s earlier forecast, which stood at 500 billion rubles. Retail lending declined…
DetailsAzerbaijani state oil company SOCAR expects compromise proposals from the Greek government for the successful completion of the deal on acquisition of a stake in Greece’s gas transmission system operator DESFA, Director General of SOCAR Energy Greece Anar Mammadov reported. He said that the new rules for calculating tariffs for gas in Greece would have…
DetailsAzerbaijan’s state oil company SOCAR has suspended the project for construction of a cogeneration plant – Petkojen – in Turkey due to technical reasons, Anar Mammadov, head of Turkish petrochemical complex Petkim, reported. The plant was meant to provide Petkim and Star refinery with electricity as well as ensure the sale of electricity to Izmir’s…
DetailsThe total turnover of exchange transactions on all instruments at the Baku Stock Exchange exceeded 2.94 billion manat in January-August, down 2.5 times YoY. The volume of the state securities market totaled 350.6 million manat (up 18.3 times), while the turnover of corporate securities market reached 75.21 million manat (down 22.2 times). The volume of…
DetailsStena Line opens a new Bordershop in Ventspils. It is another step in Stena Line strategy to offer its customers value for money products. Bordershops, selling cheap alcohol products, is a very attractive concept for Swedish travelers and the aim is to increase the interest for them to visit Latvia. “Ventspils-Nynashamn is an important route…
DetailsImport of sugar in Kyrgyzstan could be greatly reduced, the press service of the Kyrgyz Ministry of Economy reported. At least 183,200 tons of sugar beet have been harvested in Chui region in 2015. In 2016, this figure is to reach 450,000 tons. “The country does not meet the needs of the population. The share…
DetailsState unitary enterprise “Tajik Railways” has acquired a modern long-haul locomotive from Kazakhstan. It is the fifth locomotive to be purchased in Kazakhstan by the railroad of Tajikistan in recent years. In addition, in Estonia sold a diesel train, equipped with German engine, consisting of six cars. Two cars of diesel trains have 68 seats…
DetailsA mass campaign for the collection of raw cotton started on the sidelines of Tajikistan these days. Farmers of the country have sent all existing opportunities for a timely harvest, the Ministry of agriculture reports. It is noted that cotton-growing farms in Khatlon and Sughd regions started the harvest. According to the forecasts, it is…
DetailsIn January-July Vladivostok Sea Fishing Port (Vladmorrybport OJSC) handled 2,180,100 tons of cargo (up by 38.6% YoY), the stevedoring company reported. Transshipment of fish products totaled 199,000 tons (+6.8%), dry bulk cargo – 670,400 tons (+90.1%); containers – 89,908 TEUs (+6.6%); metal scrap – 237,800 tons (+4.3 %). Vladivostok Sea Fishing Port is a multi-purpose…
DetailsAn Aircraft Repair Plant No. 405 JSC has passed examination procedure by the Helicopters of Russia joint stock company and is currently recognized as an authorized aircraft repair enterprise in Kazakhstan, according to the Defense Ministry’s Press Service. In the course of the Army 2016 international military-technical forum in Russia, leadership of the Kazakhstan’s plant…
DetailsNegotiations on setting up a Belarusian-Chinese joint venture to make tractors at premises of ZAO Amkodor Baltic in Vilnius took place on September 1-2. Director General of the Chinese company Zoomlion Wang Jinfu, Director General of the Belarusian mechanical engineering company Minsk Tractor Works (MTZ trademark) Fyodor Domotenko, Chairman of the Board of Directors of…
DetailsAn out-of-court settlement of a gas price revision dispute between Poland’s oil and gas company PGNIG and Russian gas giant Gazprom is improbable, CEO Piotr Wozniak said. “Like us, Gazprom is waiting for an arbitration ruling, which will be made in July or August next year in accordance with the procedures, this is why the…
DetailsThe Russian government has not made a short list of contenders in privatization of oil major Rosneft so far, Deputy Prime Minister Arkady Dvorkovich reported. “You know, there has been an order to consider all privatization issues additionally, there have been no shortlists so far”, Dvorkovich said. First Deputy Prime Minister Igor Shuvalov said earlier…
DetailsA new member has joined the liquefied natural gas (LNG) cluster – the Emerson (USA) company became the first international partner of the cluster, Klaipedos Nafta says in a press release. By attracting the international partner, Klaipedos Nafta AB aims to develop cluster competencies and promote the emergence of the small-scale LNG terminals’ management systems…
DetailsKaliningrad region is looking into a possibility of compensating shipping costs when it comes to cargoes delivered by sea to the region from the mainland Russia and back, Vladimir Zhovtun, head of the Transport Development Department at the regional Ministry of Infrastructure Development, said. According to him, this mechanism is already applied to railway transportations…
DetailsSwedish furniture maker Ikea plans to invest 100 billion rubles in Russia over the next five to seven years, CEO of the Russian division Milen Genchev said. “This amount includes extension of the malls, construction of new stores, and also extension of a distribution center in Yesipovo”, Genchev noted. The official said that Ikea did…
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