Search Results for: Russia

DANISH Idavang A/S, a European meat producer, has announced plans to build a new pigmeat processing complex in Russia’s St Petersburg region this year (2018), according to the company.

To generate funds for the project, the company has issued EUR85 million’s worth of Eurobonds.…

Vietnamese textile and garment industry officials have capped a bumper 2017 with forecasts for further robust export growth this year if it can overcome challenges from neighbouring country textile sectors by investing in skills, equipment and automation. 

Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), predicting a year-on-year increase of 10% in export value, to USD34 billion, from 10.23% annual growth in 2017 when exports totalled USD31 billion.…

A NEW polyester plant is to be built in a Russian textile production hub to overcome a shortage of domestic technical textile and nonwovens raw materials and, ideally, launch the export of those materials to the European Union (EU) market. 

The Russian federal government, together with the Ivanovo regional government (oblast), north east of Moscow, are now building an Ivanovo Polyester Complex, which they hope will become a major supplier of raw materials once it starts operations in early 2019.…

The economic crisis, anti-smoking legislation, increased product taxation and new tax regimes for producers are taking their toll on the Greek manufactured tobacco market.

A surge in cigarette prices has depressed cigarette sales and increased fine cut tobacco sales, according to market researchers Euromonitor International.…

LURED by a shifting global market and better margins, Bangladesh’s apparel producers are rushing into the lingerie space, predicting Chinese manufacturers will secure fewer export orders for these lines as their costs rise.

This new niche opportunity for the Bangladesh industry is fortuitous, as it dovetails with the country’s textiles and clothing makers’ core strategy of moving from their traditional low-cost growth pillars, such as t-shirts, shirts, trousers, jackets and sweaters.…

A new terminal will be built at the Crimea’s Simferopol International Airport by summer 2018, according to the autonomous Crimean regional government, whose peninsula was annexed by Russia in 2014.

With the planned capacity for the facility being 6.5 million passengers-a-year, the project reflects confidence that visitor numbers to this tourist region will continue to grow.…

Cases of African Swine Fever (ASF) are still very common in Russia, despite its continued ban on European Union (EU) pigmeat exports, imposed since January 2014 following a handful of cases in Poland and Lithuania. While outbreaks have continued in the EU, Russia – whose ban was imposed on live pigs, pork and pig products over fears importing ASF-infected meat and livestock, has from last July (2017) to today (January 30) notified to the World Organisation for Animal Health (OIE) around 2,800 ASF cases of domestic pigs, and 90 cases in wild boars.…

THE RUSSIAN government has said it will fight an application by the European Union (EU) at the World Trade Organisation (WTO) for permission to impose retaliatory trade sanctions worth EUR1.39 billion over Moscow’s longstanding ban on EU exports of pigmeat products and pigs.…

A new manufacturing hub for producing pork and poultry meat, oriented towards exports to Asia Pacific markets, will soon be established in the Russian Far East by the Rusagro Group of Companies, one of Russia’s largest meat and agricultural producers.

A Rusagro statement released last Tuesday (January 16) said the investments required would exceed Russian Roubles RUB40 billion (USD705 million), the majority internally sourced.…

THE RUSSIAN government has said it plans to significantly increase its beef exports from Latin American states (except from Brazil) to compensate for potential domestic supply shortages created by the existing ban on imports of meat from western countries and a recent ban on beef imports from Brazil.…