Russia: grain exports down in August 2016

On August 22-28, the export volumes of grains from the Russian seaports reached 203.1 thousand tons, against 406.8 thousand tons shipped in the previous week.

In particular, wheat shipments totaled 200 thousand tons, and peas – 3.1 thousand tons. (APK-Inform/Business World Magazine)

Belarus: MAZ to sell 100 buses to Russia

The Belarusian automaker Minsk Automobile Plant (MAZ trademark) will ship 100 buses to the Russian city of Kazan in the Republic of Tatarstan, representatives of the company said. The Belarusian low-floor large-capacity buses MAZ 203 will be used to transport passengers during the world football championship that will take place in Kazan in 2018. The…


Belarus: companies’ equity capital up in January-July 2016

The equity capital of Belarusian companies (except for banks, insurance and state-funded companies, micro- and small-sized companies without departmental affiliation) grew by 0.8% in January-July to Br112.8 billion ($57.6 billion), Belarus’ National Statistical Committee (Belstat) said in a statistical report. Companies’ liabilities stood at Br120.7 billion ($61.7 billion) as of July 1, up by 10.9%…


Belarus: food exports down in H1 2016

Belarus’ food exports dropped by 11.2% YoY in January-June to $1.611 billion, the National Statistics Committee (Belstat) reported. The largest decline was registered in exports of the following foods: milk, cream powder, condensed cream – down by 12% to $218.5 million, sugar – down by 19.4% to $96.7 million, potatoes – down by 64.6% to…


Azerbaijan to transport gas from Iran and Iraq to Europe

Azerbaijan is considering the possibility of transporting Iranian gas through its territory to Europe, said Azerbaijan’s Deputy Energy Minister Natig Abbasov. He noted that it would become possible through Iran’s joining the Trans-Anatolian Natural Gas Pipeline (TANAP) project. Abbasov didn’t exclude possibility of transporting Iraqi gas through Azerbaijan to Europe. TANAP project envisages transportation of…


Belarus: agricultural enterprises in Vitebsk region in for large-scale reorganization in 2016-2017

Plans have been made to reorganize agribusiness enterprises in Vitebsk region in 2016-2017. The relevant measures are stipulated by Belarus president decree No. 320 of August 25. The document has been adopted to improve the performance of the enterprises, enable conditions conducive to agribusiness development in Vitebsk region and raise investments. In line with the…


Ukraine: seaports grain exports down in August 2016

On August 22-28, Ukraine exported 552.7 thousand tons of grains from the seaports, against 647.7 thousand tons in the previous week.

In particular, wheat shipments reached 391.1 thousand tons, corn – 10.7 thousand tons, and barley – 150.9 thousand tons. (APK-Inform/Business World Magazine)

Russia: mortgage lending down in July 2016

The volume of mortgage loans which were provided in Russia in July fell by 17% YoY to 54.8 billion rubles, the United Credit Bureau said in a statement.

The number of mortgage loans also fell by 17% to 34,700 and the average loan size was flat at 1.58 million rubles. (Prime/Business World Magazine)

Russia: RH to establish service center in Iran

The Russian Helicopters holding is intensively working up an issue to establish an authorized technical maintenance center in Iran with the Iran Helicopter Support and Renewal Company (IHSRC), according to the holding’s Deputy Director General Alexander Shcherbinin. “The Russian Helicopters company is discussing the potential supply of Ka-226T and Ansat light utility helicopters to Iran’s…


Russia: fishing fleet equipped with Gonets sattelite system of domestic origin

On August 25, Federal Government-Financed Institution “Center of Fishery Monitoring and Communications” (CFMC) of the Federal Fishery Agency in cooperation with Gonets Sattelite System OJSC, operator of State Space Corporation Roscosmos on communication systems, launched yet another vessel within the framework of the pilot development of electronic ship’s fishing log, says CFMC. The vessel will…


Russia: yield of corn up

Agrarians of the Southern and North Caucasian Federal Districts of Russia started harvesting corn. The first results demonstrated that the average yield exceeded the last year results almost 4 times to 5.98 ton/ha, against 1.63 ton/ha on the same date in 2015, the Ministry of Agriculture declared. In particular, to date the North Caucasian District…