Search Results for: Russia

The Russian government is planning to facilitate up to USD300 million in private investment for the development of the national textile industry, according to an official spokesman of Denis Manturov, Russia’s minister of industry and trade.

He told WTiN.com that funds would be invested in the establishment of large-scale facilities specialising in textile production, with the aim of ensuring that such plants would be located across the country.…

Turkey’s rocky political situation following the failed military coup of July 15, the following massive purges and recurring terrorist bombings may have a negative effect on the country’s large textiles sector, experts are warning.

“It’s likely to lead to some uncertainties, obviously, in the general economy,” Turkey-born economist Ozan Şakar, of managing director of London-based Descartes Capital.…

THE MEAT and livestock industry is a global affair and so its trade generally has to follow the rules of World Trade Organisation (WTO) agreements, which cover the vast majority of countries – 164 members (with the 28 European states counting as one member).…

LLC Kamyshinksky Textiles, one of Russia’s largest textile producers, plans to become a leading player in the market in the next few years following its extensive expansion programme, according to its general director Alexander Borisenko.

“Modernisation of our production capacities has been carried out since 2011 and is expected to be finally completed by 2018-2019,” Borisenko said.…

Heineken has announced that it will stop the production of beer at one of its oldest breweries in Russia, in the Baltic Sea city of Kaliningrad, starting from January 1, (2017). In an official statement, Heineken said this followed a decline in Russian demand for beer and growing government-imposed administration costs imposed on business within the country.…

The Internet can be described as an iceberg: the websites and services most people use on a regular basis are the tip sticking out of the water, and there’s an entire other, much larger world submerged below. This underwater portion generally goes by two names – the deep web and the dark net.…

EUROPEAN Union (EU)-safety rules are needed for more materials in contact with food, such as those used in packaging, kitchen utensils and tableware, a European Parliament motion has said. MEPs said that only some of these materials, such as plastics and ceramics, have been fully tested for safety for human health.…

THE INTERNATIONAL Organization for Standardization (ISO) has developed a series of standards designed to promote sustainability in the chocolate and cocoa sector, and wants industry input.

It has released drafts on the ISO 34101 series, on ‘sustainable and traceable cocoa beans’, and wants expert opinions on them, for submission by December 4.…

Leading Russian clothing designers are developing plans to start significant volumes of domestically-produced exports to Western markets during the next several years, potentially boosting demand for upstream suppliers based in the country. Alexander Serafimov, one of Russia’s leading fashion designers, has said that particular attention will be paid on increasing exports to the European Union (EU) and the USA, because of the potential to generate larger profit margins than in Asia.…

MILLIONS of Euros have been released by the European Union (EU) to fund projects deepening the international gas pipeline network in eastern Europe, a key element of EU plans for forge an ‘energy union’.

One major project is a EUR179 million plan to create the Bulgaria–Romania–Hungary–Austria (BRUA) system of gas lines.…