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…
DetailsRussia’s cross-border sales of goods and services, including digital goods, content, games and social networks, will grow by 32% in 2016 to $2 billion, payment platform PayPal and research agency Data Insight said in a study. The internal e-commerce market will exceed $20 billion in 2016. “The market of retail Internet exports of goods and…
DetailsUkraine’s Verkhovna Rada has amended the law on 2016 national budget, expanding expenses on defense and security by 7.1 billion UAH without the increase in the deficit of the national budget. A total of 265 lawmakers backed bill No. 5217 at the session of the parliament. The government’s bill was registered in parliament on October…
DetailsWashington has de-facto suspended cooperation with Moscow on an agreement on nuclear power cooperation after Crimea was annexed in 2014 and Moscow only formalized the fact on Wednesday, presidential spokesman Dmitry Peskov said. On Wednesday, Moscow suspended cooperation with US in scientific research and nuclear power. The Foreign Ministry said that Moscow would still fulfill…
DetailsThe 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…
DetailsAccording to the regional agricultural departments, as of October 6, Kazakh agrarians harvested grains throughout nearly 15 million ha, or 97.7% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agrarians produced 22.643 million tons of grains, up by 4.962 million tons YoY. The average…
DetailsUkraine’s Prime Minister Volodymyr Groysman has said the Cabinet of Ministers plans to approve the starting price of Odessa port-side chemical plant proposed by the State Property Fund of Ukraine (SPF). “We are now looking forward to proposals from the State Property Fund for the next round of the sale of the object. I believe…
DetailsShort-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…
DetailsRegulation of prices for bread in Ukraine leads to the minimum marginality of bakeries work, the General Director and Chairman of the Board at the association Ukrhlibprom Alexander Vasilchenko declared. He informed that the ratio of prices for flour and bread in Ukraine totals 0.3 EUR/kg and 0.35 EUR/kg respectively, whereas in Poland the flour…
DetailsUkrainian farmers continue harvesting sunflower. As of October 3, nearly 3900.4 thousand ha had been threshed, or 66% of the intended area (5916.2 thousand ha), up by 1.6% YoY (3838 thousand ha). 8382.6 KMT had been obtained with the average productivity of 2.15 MT/ha (in 2015 – 7975 KMT; 2.08 MT/ha). Soybean had been threshed…
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