OAO Belarusbank jointly with Russia’s Roseximbank will provide special-terms financing for supplies of high-tech products from Russia to Belarus, the Belarusian bank said in a press-release. Operating as part of Russian Export Centre Group, Roseximbank has been financing Russia’s high-tech products facilitation program since 2015. The banks will provide documentary credit financing in support of…
DetailsBelarus’ gross domestic product (GDP) reduced by 3% YoY in January-August to 60.8 billion Belarusian rubles ($31.1 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee reported. Industrial output in January-August fell by 1.8% YoY to Br51.5 billion ($26.3 billion). Farm output reduced by 2.2% to Br8.4 billion ($4.3 billion).…
DetailsBelarus’ industrial output decreased by 1.8% YoY in January-August to 51.528 billion Belarusian rubles (Br), or $26.325 billion at the official rate of the National Bank, the National Statistical Committee (Belstat) reported. Production of coke, oil products and nuclear materials reduced by 7.2% YoY in January-August to 7.58 billion rubles ($3.872 billion). The output of…
DetailsOpening Iran-Khodro’s new site in Azerbaijan will turn Azerbaijan into the company’s export hub in Central Asia and the Caucasus. Iran-Khodro plans to manufacture 10,000 cars per year in Azerbaijan, which will be exported. Car imports to Azerbaijan fell after introducing the Euro-4 ecological standard over a year ago. In the first half of 2015,…
DetailsAs of September 1, the general production of spring grains and pulses in Russian agricultural organizations reached 88.7 million tons in bunker weight, up by 25.6% YoY, the Federal State Statistics Service of the Russian Federation (Rosstat) announced. The agricultural organizations, which concentrated 67.9% of the whole planted areas under grains and pulses (excluding corn),…
DetailsUTair Aviation served the millionth Surgut International Airport passenger on September 16 Visiting Surgut on her way home to Ufa, Elvira Zaripova became the millionth passenger at the airport. Representatives of UTair and Surgut International Airport held a ceremony to award the jubilee passenger in the check-in area. The Ufa native was presented with a…
DetailsUralkali in association with Uralchem, have presented a new joint project at the Khimia-2016 exhibition – production of granular amines. Granular amines are unique for the Russian chemical industry; they are intended to replace imported analogues in the domestic market. This is one of the basic reagents used in the flotation method of processing of…
DetailsAccording to market operators, since the beginning of September Ukrainian exporters shipped 150 KMT of wheat to India. It should be noted, that over July-August Ukraine exported about 240 KMT of wheat in this destination. India started purchasing Ukrainian wheat in June, buying about 52 KMT. Last time India bought Ukrainian wheat was 10 years…
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