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…

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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…

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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…

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Belarus hopes for more vibrant investment cooperation with European companies

Ambassador Extraordinary and Plenipotentiary of Belarus to Belgium with concurrent accreditation to Luxemburg, Belarus’ Permanent Representative in the European Union Alexander Mikhnevich expressed hope for further development of investment cooperation between Belarus and the European companies. “Many EU companies already have presence in Belarus. The most interesting sectors include machine-building, electronics, chemical products, pharmaceuticals, timber,…

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Russia: corporate lending to grow in 2016

The international rating agency Fitch expects that corporate lending in Russia will grow by 5% in 2016 and retail loans will increase within 3%, the agency’s analyst Anton Lopatin said. “In the first half of the year corporate lending adjusted for currency revaluation increased by 2%. Reasons of this growth – rates have decreased, correspondingly,…

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