Ukraine: real GDP up in Q2 2016

Ukraine’s real gross domestic product (GDP) in the second quarter of 2016 increased by 1.4% YoY. This information has been posted on the website of the National Bank of Ukraine (NBU) with a reference to the State Statistics Service. “The Ukrainian economic growth has been accelerated. In the second quarter of 2016, the real GDP…

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Russia: Aeroflot to sell Rossiya Airlines

Russian national flag carrier Aeroflot may sell its largest affiliate Rossiya Airlines. Aeroflot owns 75% minus one share in the affiliate, while the rest is owned by the government of St. Petersburg. Deputy Prime Minister Arkady Dvorkovich ordered the Transport Ministry to prepare suggestions for the possibility of Aeroflot selling Rossiya Airlines. The Economic Development…

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Russia wants all public Wi-Fi users identified

The Russian communications service has suggested implementing special software for subscriber devices to identify users of Wi-Fi networks of Internet access and insists on administrative responsibility for individuals-owners of such networks. The Federal Service for Supervision of Communications, Information Technology, and Mass Media checked more than 18,000 public hotspots across the country and found out…

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Russia losing ground in Saudi Arabia

Barley harvesting in Russia entered the final straight. More than 18.2 MMT of barley were collected from about 93% of acreage, which already exceeds last year’s harvest. This year Russia will obtain 9% more barley than a year before. Undoubtedly, export potential will also grow in the 2016/2017 season. Experts believe that it may surpass…

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Belarus: Kommunarka pays increasing attention to Chinese market

The Belarusian confectionery factory Kommunarka pays increasing attention to the Chinese market, Kommunarka Director General Ivan Danchenko said. Ivan Danchenko said that Belarusian confectionery products were underrepresented in China. This country accounts for a small share of Kommunarka’s exports. However, in recent years, the company has been paying increasing attention to this market. To attract…

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