Search Results for: Russia

Russia and three Gulf countries are planning to establish an aluminium industry association whose goal is reducing overproduction in the global market, raising prices for the metal.

Despite the ongoing diplomatic standoff between Qatar and its neighbours, the Russian government says it has already started talks with the governments of Bahrain, the United Arab Emirates (UAE) and Qatar, regarding establishing the new association.…

Russia and three Gulf countries are planning to establish an aluminium industry association whose goal is reducing overproduction in the global market, raising prices for the metal.

Despite the ongoing diplomatic standoff between Qatar and its neighbours, the Russian government says it has already started talks with the governments of Bahrain, the United Arab Emirates (UAE) and Qatar, regarding establishing the new association.…

The Russian government, together with private investors, plans to invest up to USD300 million in developing the Usinskoe manganese field, the largest manganese reserve in Russia, located in Kemerovo Oblast, in southwestern Siberia.

The project is expected to be implemented by a local mining company, CJSC CHEK-SU.VK,…

THE UKRAINE government has proposed a package of policies aimed at supporting domestic textile manufacturers who continue to struggle with the country’s ongoing economic and political turmoil.

Ukraine Prime Minister Vladimir Groisman announced the initiative on June 20, which involves spending USD150 million between 2017 and 2020.…

THE RUSSIAN government has announced that is planning to invest an additional Russian Rubles RUB145 billion (USD2,5 billion) into rejuvenating the country’s textile manufacturing sector. In the latest initiative designed to kickstart this ailing industry, the ministry of industry and trade has release a new approved strategy (on May 25) – it is designed to run until 2020.…

THE EUROPEAN Commission has warned that the Chinese government is planning to introduce what it calls “unjustifiable food certification requirements” for imports into China. This alert comes in a new annual report from the EU executive on international trade and investment barriers, looking at developments last year (2016) and upcoming changes.…

Greek savoury snacks specialist company Chipita has refused to confirm or deny reports that it plans to build a new plant for its products in Slovakia. The company told just-food.com that “it is interested in many markets (including Slovakia) and is constantly looking for opportunities.…

Vnesheconombank (VEB), one of Russia’s largest state-owned banks, may gain control over much of the Eurodon Group, the major Russia-based turkey producer, from its current owner, high profile business leader Vadim Vaneev, according to regulatory sources. The move, should it happen, would be because of money owed by Eurodon to VEB.…

Global meat majors including Germany’s Tönnies Denmark’s Danish Idavang are planning to invest in major Russian projects – government officials say the scale of Russia’s 144 million market could be overcoming reluctance by overseas players to develop Russian operations because of its economic recession and sanctions.…

THE RUSSIAN government has declared publicly that it is strengthening its fight against corruption, promising the adoption of new laws fighting graft and expanding the powers of law enforcement agencies.

These measures should cascade from an existing national anti-corruption plan, which was approved by Russian President Vladimir Putin on January 20 this year, and which was updated on April 7.…