Search Results for: Russia

The Russian ministry of industry and trade is claiming that the country’s steel manufacturing sector will receive a significant increase in orders through its new plans to invest up to USD300 million in developing Russia’s civil shipbuilding industry.

According to its minister Denis Manturov, the majority of funds will help pay for the construction of new ships such as container shops, trawlers and other commercial vessels, within Russian shipyards, notably boosting demand for high-strength steel, which is currently produced at small volumes in Russia, (roughly 10% of output according to ministry officials).…

THE EUROPEAN Commission has welcomed Friday’s (Aug 19) ruling from the World Trade Organisation (WTO) opposing Russia’s bans on European Union (EU) exports of pigs, pigmeat and related products, imposed during 2014 because of outbreaks of African swine fever (ASF).

Russia, meanwhile, has said it is studying the ruling and may yet appeal.…

India will start manufacturing fuel components and other equipment for its Russian-designed nuclear reactors within the next 10 years, Indian authorities have told Fuel Cycle Week. “There will be certain range of equipment that could be made much earlier, but others like pressure vessels for a large steam generator could take that period of time [10 years],” Malur Ramaswamy Srinivasan, member of India’s Atomic Energy Commission told Fuel Cycle Week.…

A DROP Chinese domestic pork production, generating more demand for pigmeat imports, has become major boon for Danish pork farmers who are ready to double exports to China this year, industry experts have said.

This “has been a game changer for the farmers, as we have seen the prices on slaughter pigs rise nearly 20% this spring,” meat processor Danish Crown head of press Jens Hansen told GlobalMeatNews. …

Turkey may resume supplies of its textile products to Russia thanks to the recent improvement of relations between the two countries, according to the Russian ministry of industry and trade.

Despite the fact, that Turkish textile products were not formally included in the list of sanctions on goods imposed after Turkey shot down a Russian fighter plane last November, shipments to Russia have almost ceased with border controls impeding imports.…

VIETNAM’S textile sector faces significant challenges as it seeks to profit sustainably from new commercial opportunities offered by international trade deals, such as the Trans-Pacific Partnership (TPP), a major industry conference has been told. The Vietnam Textile Summit 2016 was held from June 29-30, at The Reverie Saigon, an upscale hotel in downtown Ho Chi Minh City (HCMC).…

WITH 4.8 million Syrian refugees registered by the UN, and many more displaced without registration, their impact on consumer markets outside their home country has been significant. The tobacco sector has been no exception. Indeed, even before the civil war, Syrians were keen smokers – with 2004 Syrian Centre for Tobacco Studies research indicating that 56.9% of men smoked cigarettes and 17% of women; 20.2% of men smoked waterpipes (shisha) and 4.8% of women; 29% smoked daily – 51.4% of men and 11.5% of women).…

CASES of African swine fever (ASF) continue to be reported in Poland, Lithuania, Russia, the Ukraine and elsewhere in Europe, making it tough for an agreement to be reached between Moscow and Brussels on lifting trade controls sparked by the disease.…

THE ENTRY of Froneri, the joint venture company formed on a 50-50 basis by Nestlé and UK-based manufacturer R&R, into the Russian ice cream market, is poised to boost competition in a segment that has been showing increasing dynamism.

Russian ice cream sales have not only been increasing, they have become more diverse, with consumers being offered more choice from Russia-based and international food corporations.…

Large Russian and foreign aviation businesses may start a new fight for the ownership of Moscow Domodedovo airport, Russia’s largest and one of its most profitable airports. The stakes are not purely commercial as Domodedovo is a key Russian airport asset which is not currently controlled by investors affiliated with the President Vladimir Putin’s government in the Kremlin.…