Search Results for: Russia

The Thailand-based agricultural holding Charoen Pokphand Foods has announced plans to invest up to Russian Roubles RUB2.5 billion (USD44.5 million) to build two poultry breeding units in Russia this year (2018). The first will be established at Charoen’s existing Severnaya poultry farm, a major production centre in the St Petersburg region (oblast).…

DEFERRED Prosecution Agreements (DPAs), that allow companies and individuals that admit to wrongdoing and cooperate with investigators to pay a fine and avoid prosecution, are becoming increasingly common worldwide. Enabling wrongdoers to avoid being debarred from bidding for many contracts and providing law enforcers with a commitment that companies and individual fraudsters will avoid fraud in future, DPAs offer benefits for police and suspects.…

RUSSIA’S ministry of agriculture is planning to invest up to USD200 million this year and next (2018-2019) in developing breeding stock and systems for the country’s dairy cattle industry. According to a ministry spokesperson, these plans will be implemented by experts at the ministry department of livestock, as well as some leading Russian research institutions in cattle genetics, although specific participants will be announced later this year.…

MERGERS and acquisitions are always motors of change in the beauty and personal care product sector, and 2017 saw some significant shifts in the key Italian industry. Important acquisitions designed to extend product portfolios and boost market share included the move by Lombardy-based global leader in colour make-up and skincare Intercos to acquire leading contract manufacturer of skin-, hair- and body-care, Cosmint.  …

AFTER years of slow growth since 2008, eastern Europe’s now mature cosmetics and personal care market has continued to show marginal gains in products sales in the past year, according to experts.

The region’s cosmetics and personal care products sales edged to USD23.67 billion in 2017 from USD21.74 billion in 2016, counting sales in Poland, Croatia, Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Romania and Slovakia, Belarus, Bosnia & Herzegovina, Serbia, Slovenia, Macedonia and Georgia.…

Eurodon, one of Russia’s largest turkey producers, is planning to diversify its business through investing up to Russian Roubles RUB20 billion (USD338 million) in the building lamb production units within the country, the company has announced.

The risk benefits of expanding its risk portfolio have been made all too apparent in the past year, with Eurodon facing a series of outbreaks of avian influenza, which have helped saddle it with financial losses of RUB2.6 billion (USD44 million).…

THE EUROPEAN industrial minerals industry has reacted positively to the European Union (EU) Council of Ministers’ formal approval, December 4, of new anti-dumping rules. Scheduled to come into force on December 20, they may help the EU impose anti-dumping duties against Chinese dumped industrial mineral exports.…

AS much as USD200 million is to be invested by the Russian government in the local manufacture of raw materials used by the domestic textile industry over the next two years (2018-19).

Funds will be allocated to boost production of cotton, flax and wool in specific areas across the country, thus allowing for the reduction of imports of such products by between 25% and 30% as early as next year, said Russia’s minister of industry and trade, Denis Manturov.…

THE PRICES of cosmetics and perfume products in Russia may double next year, as a result of the planned introduction of an excise tax on perfume and cosmetics products that should come into force on January 1, 2018, experts warn.

A spokesman for the Russian federal government told Soap Perfumery & Cosmetics that the introduction of the tax reflects how alcohol is present within perfume and cosmetics products manufactured in Russia and will bring Russia into line with internationally-accepted practices.…

UKRAINE meat exports have increased by 1.5 times this year to USD397 million in value terms, looking at sales for January-September compared to the same period during 2016, with the country shedding its previous reliance on Russian markets. A report from the Ukraine Institute of Agrarian Economics said that the biggest growth in overseas sales was in the poultry segment, where exports for the first nine months of the current year grew by 38.2% in value terms year-on-year to USD294.86 million.…