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  • China White Broiler Market Overview in H1 2022 and H2 Forecast
    From January to May 2022, China imported 551,700 tons of chicken products nationwide, down 6.79% from the previous year. Total imports from January to May 2017-2021 amounted to 174,900 tons, 197,000 tons, 277,200 tons, 521,800 tons and 591,900 tons, respectively. This year, the total volume of imports from January to May first shows a downward trend. Following the outbreak of H5N1 avian influenza ...
  • X5 recorded the transition of Russians to the model of lean consumption
    The population of Russia is switching to a model of lean consumption against the backdrop of a reduction in real incomes, said the largest retailer in the country in terms of revenue, X5 Retail Group. In Q2, the company's revenue growth slowed down compared to Q1, while LFL sales growth was driven mainly by an increase in average ticket. Food inflation in the II quarter amounted to 19.5% (13.5% in...
  • Schneider Electric sold the Russian business to the management team
    Instead of Schneider Electric leaving Russia, Systeme Electric was created. It will continue to produce sockets, switches and systems for electrical substations, Russian management bought out the business of the French Schneider Electric in Russia and Belarus, Alexei Kashaev, who until recently was the president of Schneider Electric in Russia and the CIS, told RBC. On Monday, July 4, the parent c...
  • Kommersant learned about the reduction of operating cinemas in Russia by a third
    According to the newspaper, in most cases, cinemas close part of the premises on weekdays and open on weekends,but some halls have not been used for three months Against the backdrop of the absence of foreign premieres, the number of operating cinemas in Russia has decreased by more than a third, Kommersant reports, citing statistics from the Association of Cinema Owners (AVK). It follows from thi...
  • The State Duma approved the conditions for the eviction of foreign firms from shopping centers
    Russian shopping centers will have the right to unilaterally terminate lease agreements with retailers and catering from unfriendly countries until the end of 2022. Such amendments were approved by the State Duma. The State Duma approved new rules for calculating rents with companies from the fields of trade and catering immediately in the second and third, final, readings, RBC correspondent repor...
  • American Whirlpool to sell Russian business to Turkish Arcelik
    The American appliance maker stopped production at two of its factories in Lipetsk in early March. In particular, they produced refrigerators under the brands Whirlpool, KitchenAid, Bauknecht, Turkish Arcelik (owner of the Beko household appliances brand) signed an agreement with the American Whirlpool on the purchase of its Russian assets - Indesit International JSC and Whirlpool Rus LLC. This is...
  • Scooter rental services report a sharp increase in the fleet
    Despite supply difficulties, the scooter rental business is actively expanding its fleet. Whoosh kicksharing will increase the number of scooters to 70,000 in the first half of the year, and the Urent fleet, according to the company, is already more than 80,000. The scooter rental service Whoosh intends to increase the fleet to 7......
  • In the first quarter of 2022, Abi increased the export of finished meat products by 24%
    Abi, the leading Russian company producing meat products, increased its export volume by 24% in the first quarter of 2022 compared to the same period last year. The key directions of deliveries are the countries of the Customs Union - Kazakhstan and the Republic of Belarus, as well as Abkhazia, Azerbaijan and Uzbekistan. Since April of this year, the company's products have been supplied to Mongol...
  • The Kursk pig farm Global Eco, which has fallen in price to 180 million rubles, was again left without a buyer
    The next auction through a public offer for the sale of the property complex of CJSC Agrofirma Lyubimovskaya (part of the Global Eco holding of Pavel Smetana) did not take place again. It follows from the message on Fedresurse. The initial price of the auction was 207.3 million rubles. During the auction, it fell to 18......
  • Natalya Bartnovskaya: Expansion of production and export of halal products is a strategic goal of Cherkizovo
    During the workshop "Export certification of agricultural products according to Halal rules", head of the development and export support department of PJSC "Cherkizovo Group" Natalia Bartnovskaya said that the expansion of production and export of halal products is the basis of the company's strategy in 2......
  • The first pads and diapers made from local pulp were produced in Russia
    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...
  • French chain L'Occitane sells Russian stores
    Stores formerly owned by French chain L'Occitane and recently changed signage to L'Occitane have come under the control of Russian top managers. Russiaprovided the French retailer with more than 3% of all sales On June 10, 2022, the legal entity of the L'Occitane cosmetic chain, which has recently been operating in Russia under the L'Occitane brand, has changed its founders. As follows from the da...
  • Brazil: Pork exports reached 89.7 thousand tons in April
    ABPA survey results show that Brazil's pork exports reached 89,700 tons in April, down 8.8% from last year. Sales revenue for the month reached $193.4 million , down 16.7% from the same month in 2021 ($232.3 million). Year-to-date (January to April), pork exports reached 327,300 tons, down 7% from the 351,8......
  • Nabiullina announced the conditions for the economy that have changed “forever” Russia
    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 ...
  • Kommersant learned about the bankruptcy of the Polish business of Sportmaster
    Sportmaster bought Go Sport in 2019. On April 27, the Polish authorities put Go Sport on the sanctions list along with 35 companies from Russia and Belarus. According to the newspaper, Sportmaster may close its Polish sports goods network Go Sport, for which the group paid an estimated €40 million three years ago, Kommersant reports, citing sources in the retail market. Sportmaster bought Go Sport...
  • Reftinskaya poultry farm completed 2021 with a loss of 113.8 million rubles
    The net loss of the Reftinskaya poultry farm in 2021 amounted to 113.8 million rubles, which is almost 26.5 million rubles higher than the loss in 2020. Information about this is disclosed in the annual report of the enterprise. At the same time, the poultry farm's revenue amounted to 6.3 billion rubles. The enterprise received 5.9 billion rubles from sales and rental or other similar payments. Th...
  • Two agricultural cooperatives in the Krasnoyarsk Territory will buy special machinery and equipment with support funds
    The Ministry of Agriculture of the Territory has completed the competition of grants for agricultural consumer cooperatives for the development of material and technical base. As a result of the selection, 70 million rubles from the federal and regional budgets were transferred to two cooperatives of Krasnoturansky and Berezovsky districts. PSSPK "Turan" Krasnoturansky district specializes in the ...
  • Agrocomplex them. N.I. Tkacheva acquired land and production in the Crimea
    The Crimean agricultural holding "Friendship of Peoples" became the property of JSC "Firm" Agrocomplex im. N.I. Tkachev". Thus, now the company of the former Russian Minister of Agriculture Alexander Tkachev has become the official owner of the business on the peninsula after it was annexed to the Russian Federation. Until 2......
  • The procedure for acquiring agricultural land by farmers will be simplified
    According to Interfax, the country plans to simplify the procedure for acquiring land plots by farms. At a government meeting, a draft law developed on behalf of the president was considered. The document makes it possible to significantly simplify the procedure for acquiring agricultural land that is in state or municipal ownership. Citizens and owners of farms will get this opportunity, they wil...
  • Volodin considered Russia's "arsenal of means to curb development" exhausted
    According to Volodin, Russia's losses from the ban on exports to the EU will be compensated due to rising energy prices and reorientation to Asian markets. At the same time, Europe will overpay more than €250 billion annually, Спикер Госдумы Вячеслав Володин заявил в своем Telegram-канале, что западные политики, принимая санкции против России, должны выбирать «между плохим и очень плохим сценарием...
  • Channel One sold Dom Kino, Vremya and Beaver
    Channel One's thematic projects for cable networks have changed owners. The channels "Dom Kino", "Telecafe", "Victory" on "market conditions" were acquired by the structure, Essence of the deal Ten channels owned by JSC Channel One. World Wide Web” and broadcasting in cable networks under the brand “Digital Telefamily”, changed the owner - a structure associated with the operator “Tricolor” became...
  • Abi increased production by 14.7% in the first quarter of 2022
    Abi, a leading manufacturer of convenient and easy-to-cook meat products, reports: in the first quarter of 2022, the company produced more than 87 thousand tons of finished products. According to the results of the 1st quarter of 2022, the total production of Abi increased by 14.7% compared to the same period last year and amounted to 87.7 thousand tons of finished products. Revenue amounted to 15...
  • China cut meat imports from the EU
    Pork exporters from the European Union sold significantly fewer products to third-country buyers in the first quarter of 2022 than in the same period last year. The culprit was China 's import demand , which has now fallen again. According to the EU Commission, a total of 1.14 million tonnes of pork, including by-products, were exported to third countries by the 27 member states, excluding trade ....
  • The European Union agreed to a partial embargo on oil from Russia. What it means It
    took the European Union a month and a half to agree on a partial embargo on oil supplies from Russia. USAbanned its purchase back in March.How restrictions can affect Russia and the global oil market - RBC understood During the summit in Brussels, the European Union reached an agreement on a partial ban on the import of Russian oil as part of the sixth package of sanctions, the head of the Europea...
  • Bloomberg calculated Russia's losses from the partial EU oil embargo The EU
    has agreed on a partial embargo on Russian oil supplies. According to Bloomberg estimates, Russiacould lose about $10 billion from the ban on offshore oil exports,another $ 12 billion - from the cessation of supplies on the northern branch of "Friendship" Russia's losses due to the EU-agreed partial embargo on Russian oil will amount to about $22 billion a year, Bloomberg calculated. According to ...
  • EU agrees partial ban on Russian oil imports
    The head of the European Council, Michel, said that the ban would affect two-thirds of the volume of oil imported from Russia. The EU has been negotiating this package of sanctions since the beginning of May, The European Union has reached an agreement on a partial ban on Russian oil imports as part of the sixth round of sanctions, European Council President Charles Michel said on Twitter. “An agr...
  • Central Bank Rate, Gazprom Dividends, NVIDIA Reporting: Investor's Digest
    The Central Bank will hold a meeting where it will make a decision on the key rate. The Board of Directors of Gazprom will discuss the payment of dividends for 2021. NVIDIA provided a negative outlook for the II quarter. notable events, On May 26, the Bank of Russia will hold an extraordinary meeting on monetary policy, where it will discuss the key rate. The Board of Directors of the Central Bank...
  • As part of import substitution, a disinfectant workshop was opened in Lipetsk
    The head of the region Igor Artamonov visited the enterprise The governor got acquainted with the production technology of the units and discussed plans for further development with the company's management. In turn, the press service of the regional administration explained that the Lipetsk enterprise "Ambilife" put into operation a new workshop of LED recirculators - devices for disinfecting ind...
  • Best Buy shares up 4% after quarterly report
    M.Video MVID ₽194.9 -5,02% Buy Ozon OZON₽926 -1,28% Buy Yandex YNDX₽1,579.6 -0,83% Buy Shares of US electronics retailer Best Buy surged 4.56% to $75.9 per share. As of 17:20, quotes have corrected to $74.31. This is evidenced by trading data on the New York Stock Exchange. Best Buy's first-quarter fiscal year 2......
  • A case was filed against the director of the burning Vikalin market in Vladikavkaz
    In North Ossetia, the investigating authorities opened a criminal case against the director of Vikalina LLC. He is suspected under Part 1 of Article 238 of the Criminal Code of the Russian Federation (providing services that do not meet security requirements), the press service of the Investigative Committee of the ICR for the region reports. According to the department, in the period until May 6,...