Diamond output of Russian uncut diamond mining giant Alrosa fell by 6% YoY to 27.9 million carats in January-September due to lower output, the company said in a statement. Less sands from alluvial deposits were processed at the Nurba plant because of adjustment of the 2016 production plan; less ore was produced at the Aikhal…
Industrial production in Ukraine in September grew by 2% YoY, while in September the increase was 3.4% after the decline in July by 0.2% and in June by 3.4%, the State Statistics Service has reported. According to a new formula of data provision, the agency said that industrial production in September adjusted for the effect…
The Cabinet of Ministers of Ukraine has approved of the conditions of re-tender for the privatization of JSC Odessa Portside Plant. During consideration of the issue on the agenda Prime Minister Volodymyr Groysman said that he considered necessary to check whether there hadn’t been any violations during the formation of the starting price of the…
Belarus’ Mogilev region and Turkey are set to strengthen their interaction. Matters of bilateral cooperation were discussed during a meeting between Mogilev region Governor Vladimir Domanevsky and Ambassador Extraordinary and Plenipotentiary of Turkey to Belarus Kezban Nilvana Darama on October 18. Kezban Nilvana Darama said that there were great prospects for the development of the…
The economic and investment potential of Belarus will be presented at the fifth edition of the Eurasian Forum in Verona, Italy on October 21, spokesman for the Belarusian Ministry of Foreign Affairs Dmitry Mironchik reported. Belarus’ Deputy Minister of Foreign Affairs Yevgeny Shestakov, who co-chairs the Belarusian-Italian commission for economic cooperation, is attending the forum.…
Governor of the Bashkortostan republic Rustem Khamitov has accepted the position of the board of directors deputy chairman of oil company Bashneft, located in the republic, Igor Sechin, CEO of Russian oil major Rosneft, which has recently bought half of Bashneft, said. “I have turned to Rustem Khamitov with a request to enter the new…
Investments in the Ukrainian economy have grown by $2.5 billion in contrast to last year, Ukrainian Prime Minister Volodymyr Groysman has stated at a meeting of the Cabinet of Ministers of Ukraine. “Investment raising has increased by $2.5 billion, which is 19% higher in contrast to last year. The investment process should be sped up,…