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Chelyabinsk manufacturers brought new products to the market. Relying on new technologies and expanding economic ties make it possible not to succumb to the complexities of the sanctions moment. Hemp oil, candies, flour, condensed milk, protein and hemp kernels are storming regional and federal marketplaces. Chelyabinsk processors are ready to have their say in science as well. In Chelyabinsk, the...

Artak Kamalyan Member of the Board (Minister) in charge of industry and agro-industrial complex of the Eurasian Economic Commission On June 21, the Prime Ministers of the countries of the Eurasian Economic Union will hold a meeting of the Eurasian Intergovernmental Council in Minsk in person. One of the central topics of discussion will be the issues of import substitution in priority and high-tec...

Agroholding Miratorg plans to double the export of products in 2022, however, it does not rule out a reduction in production due to the non-repayment of projects. This was announced to journalists on the sidelines of the SPIEF by Viktor Linnik, President of Miratorg. "Exports are going according to plan, we planned to export $......

transitEU. According to Alikhanov, Residents of the Kaliningrad region should not panic due to restrictions from Lithuania and buy goods from resellers. This was stated by the governor of the region Anton Alikhanov in his Telegram channel. On the eve of the Lithuanian Railways notified the Kaliningrad Railway of the termination from June 18 of the transit of a number of goods that fell under EU sa...

The ban on the transit of sanctioned goods between the Kaliningrad region and the rest of Russia violates the international obligations of the European Union,said Governor Anton Alikhanov Anton Alikhanov Lithuania's ban on the transit of sanctioned goods to the Kaliningrad region from the rest of Russia could have far-reaching consequences for Vilnius and the entire European Union, head of the reg...

Lithuania's ban on the transit of sanctioned goods to the Kaliningrad region from the rest of Russia violates a number of international legal acts that also affect EU obligations. This was stated on his page in Telegram by the vice-speaker of the Federation Council Konstantin Kosachev. On the eve of the Lithuanian Railways notified the Kaliningrad Railway of the termination from June 18 of the tra...

destroy the right to protect property, conduct business and defend in court, the head of Rosneft believes. According to him, the restrictions threaten the financial and industrial sectors, Sanctions have destroyed the foundations of the law that developed in the world following the Second World War - to protect property, freedom of doing business, judicial protection, etc. This was stated by the h...

Because of the sanctions, companies began to replace imported pulp with Russian in the production of diapers and pads. But businesses need government subsidies to compete with products from China.and Turkey Major manufacturers of disposable diapers and pads, including Drylock Technologies and Flamingo, have made the first batches of products from Russian pulp. Ivan Biryukov, director of the AURA-T...

Bosnia and Herzegovina does not want to join the sanctions against Russia, Milorad Dodik, a member of the presidium of the Balkan country, said at a meeting with Russian President Vladimir Putin, which was broadcast by the Rossiya 24 TV channel. “We are trying to sustain our politics without influence. We did not want to join the sanctions,” he said. Dodik also thanked the Russian president for ma...

spoke at the plenary session of SPIEF. He outlined the main principles for the development of the Russian economy and announced the reform of business regulation. On sanctions, the West and special operations “The United States, having declared victory in the Cold War, declared itself to be the messengers of the Lord on earth, who have no obligations, but only interests, and these interests are de...

The Central Bank pointed to the risks of imposing sanctions on the National Clearing Center following the restrictions on NSD. To minimize them, market participants need to reduce their currency positions, There are risks of imposing sanctions on the National Clearing Center (NCC, part of the Moscow Exchange Group), whose accounts account for the currency used by Russian residents. This was announ...

The expectation of Western countries that sanctions would ruin the Russian economy did not materialize, says President Vladimir Putin. According to him, The sanctions imposed by Western countries against Russia are thoughtless and insane, Russian President Vladimir Putin said during his speech at SPIEF. The event will be broadcast on RBC. Putin pointed out that the speed with which they were intro...

France has stopped receiving gas from Germany since June 15. Earlier, Gazprom announced that it was forced to reduce supplies via Nord Stream, Gas deliveries to France from Germany stopped amid a decline in Russian gas exports to the European Union, Reuters reports citing the French pipeline operator GRTgaz. Meanwhile, the operator noted that he sees no problems with gas supplies to France this su...

According to Rabobank, pork production in the EU27+ UK must decline to balance supply and demand. Piglet and pig carcass prices are highly sensitive to supply and demand as the market seeks balance and tries to reduce excess supply. Pork production in the EU27+UK is down 2.5% year-to-date in February 2......

According to the diplomat, Russian grain will not be removed from sanctions, since Western banks,insurance companies and trade institutions are "intimidated" and refuse any cooperation with Russia Sanctions exemptions for exports of food and fertilizers from Russia are illusory, since in fact Western institutions refuse any cooperation. This was announced in an article for the National Interest by...

The assortment of perfumes and cosmetics in stores has decreased by a quarter since the end of February. Russian brands are ready to replace foreign brands, but at the same time they depend on imported raw materials: without it, for example, Russian cosmetics manufacturers are looking for ways to replace imported raw materials for the production of cosmetics, including lipstick and mascara, the ra...

Sberbank, like the entire Russian banking sector, showed record profits last year. According to the head of the bank, if the banking sector "works to zero" this year, With a high degree of probability, the Russian banking sector will suffer losses this year, and it will be an excellent result if it “works to zero”. This was stated by the head of the bank, German Gref, in an interview with the Russ...

According to Rosstat, from June 4 to June 10, deflation was recorded in Russia, it amounted to 0.14%. During the reporting period, most food products became cheaper, especially fruit and vegetable products: tomatoes (minus 8.87%), cucumbers (8.34%), white cabbage (6.39%). The price of margarine rose most noticeably over the week (plus ......

Biden said he imposed sanctions as a commander-in-chief, not a politiciandare to take over Taiwan,and North Korea will become even more aggressive with its nuclear ambitions.” US President Joe Biden said that even though the tough sanctions imposed on Moscow led to higher prices and political risks for him personally in the elections, Russian President Vladimir Putin still needed to be rebuffed. H...

The inclusion of Sovcombank on the sanctions list deprived shareholders of dividends “for many quarters” in advance, said its co-owner Sergey Khotimsky. But the bank does not need additional capitalization, Sovcombank, which came under tough blocking sanctions from the United States , the European Union and Great Britain almost immediately after the start of the Russian military operation in Ukrai...

On June 15, the government of the Bryansk region held a meeting of the operational headquarters via videoconference chaired by the Deputy Governor of the Bryansk region Boris Gribanov. The meeting was attended by heads of executive authorities assigned to the municipal districts of the region, heads of federal state budgetary institutions, heads of administrations of municipal districts, heads of ...

The French Engie, following Uniper, Eni and OMV, announced a reduction in gas supplies from Russia.Gazprom warned of a more than halving of gas flow through Nord Stream due to delays in the repair of Siemens turbines The French energy company Engie, following Uniper, Eni and OMV, received a notification from Gazprom about a reduction in gas supplies. It is reported by Bloomberg, citing a statement...

The U.S. overall red meat and poultry production forecast for 2022 is raised month-on-month, according to the latest USDA WASDE report, as higher beef and pork production more than offset lower poultry production. Beef production is boosted by higher expected slaughter of steers, heifers and cows, which more than offsets lower expected carcass weights. Pork production rose in the second quarter at...

has lost participation in the international division of labor, the economy needs to reorient itself from exports to the domestic market, the head of the Central Bank believes. According to her, "still" will no longer be, The external environment in which the Russian economy operates has changed, and likely will change forever, says Bank of Russia Governor Elvira Nabiullina. She stated this at the ...

Senator of the Russian Federation, representative of the State Assembly of the Republic of Mari El S.A. Martynov, during a working visit to the region, visited Poultry Farm Akashevskaya LLC. This is the largest enterprise in the republic in the field of production and processing of products from chicken meat. Sergei Alexandrovich was accompanied by a member of the Committee of the State Assembly f...

The first batch of goods ordered from abroad through CDEK.Shopping has already been delivered to the recipients.The company explained the delay by the need to urgently look for new routes and payment schemes “in current realities” The delay in the delivery of goods ordered from abroad through the new CDEK.Shopping service is due to changed external circumstances that have turned the delivery into ...

Russian Export Center Prepares for Cryptocurrency Settlement TestsThe Russian Export Center is considering the possibility of making payments in cryptocurrencies. This was announced at SPIEF by its head Veronika Nikishina. The Russian Export Center (REC) is actively working to establish alternative payment mechanisms, Veronika Nikishina, head of this development institute, said at the St. Petersbu...

Riga previously imported 90% of the required volume of gas from Russia, but the decision not to continue purchases will not be reconsidered, Karins said.He also called for a change in NATO's defense strategy and an increase in arms supplies to Kyiv. Latvia does not intend to resume gas imports from Russia, despite the difficulties after the refusal of supplies; a way should be found to impose sanc...

Vologda milkin Russian packaging may appear on store shelves this year, Deputy Prime Minister Victoria Abramchenko said. Import-substituted packaging will not be white, but gray, The Russian authorities have begun an experiment to replace foreign packaging for products with domestic counterparts, Deputy Prime Minister Victoria Abramchenko, who oversees the agro-industrial complex, said in an inter...

NKR experts analyzed the resistance of key sectors of the Russian economy to sanctions pressure. In their opinion, the greatest negative impact of Western sanctionswill have on aviation,telecommunications and ferrous metallurgy The Russian economy faced unprecedented external pressure in 2022, and its various sectors turned out to be differently prepared for the new reality, experts from the NKR r...