Russia: Rosneft to be sold in November 2016

The Russian government will most likely sell a 19.5% stake in oil major Rosneft in November, Economic Development Minister Alexei Ulyukayev reported.

“We do not have the time now. According to the schedule, most likely in November”, he said. (Prime/Business World Magazine)

Russia: pork imports from Moldova banned

Russia has banned pork imports from Moldova starting with October 6, due to an outbreak of ASF.

This was reported by the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). (TASS/Business World Magazine)

Russia: RosAgroMarket to build 19-billion ruble vegetable storage

Wholesale distribution center constructor RosAgroMarket plans to build a 19.2 billion ruble vegetable storage center in the Rostov region in Russia’s south, a spokesman for the region’s Governor Vasily Golubev reported. RosAgroMarket will start construction of the facility’s first stage in January-June 2017, and will construct 125,000 square meters of shopping and storage area with…


Russia: Ingosstrakh says satellite firm fails to insure all apparatuses

The Russian Satellite Communications Company, a federal satellite operator, has failed to insure all communications space apparatuses of the Express series, as the market’s health is close to critical, Alexander Podchufarov, vice president of insurance company Ingosstrakh, said. “The state of the insurance market is close to critical; only the Russian space industry had $662…


Belarus: soil drought retains

Short-term rains observed last week did not replenish soil moisture stocks considerably and moistened only the upper soil layer. The situation is better in the 10-cm soil layer and sowing campaign is coming to the end in quite good conditions. Plants sown in the first half of September are at the stage of first-third leave…


Ukraine: cement output up in August 2016

The State Statistics Service of Ukraine reports that production of cement in August increased by 15.5% YoY and now is 1’03 million tons (excluding Crimea, city of Sevastopol, part of Donetsk and Lugansk regions). Moreover, the monthly amount of production in August is the record-breaking since September 2013. If compared to July the output went…


Ukraine: 11.7 million tons of coal imported

In January-September Ukraine imported coal and anthracite valued at $1.039 billion, in particular $133.663 million in September. According to the State Fiscal Service, Russia supplied coal for $674.18 million, the United States for $147.293 million, Australia for $69.103 million, other countries for $148.234 million. The total volume of coal delivered to the country for the…