Foreign companies that have limited their activities in Russia or announced their withdrawal from the Russian market have already lost $200-240 billion since the end of February 2022, the CSR calculated.Firms from the USA and Great Britain suffered the greatest losses. As of the beginning of September 2022, 34% of the largest foreign companies operating in Russia limited their activities in the country, 15% decided to leave it through the transfer of a Russian division to a new owner, and 7% announced a complete withdrawal from the domestic market without selling the business.This is stated in the study of the Center for Strategic Research (CSR) "Picture of. Read more...
Russia is ready to participate in solving world food problems, including helping the poorest countries, Russian President Vladimir Putin said on Sunday in a video message on the occasion of the Day of Agricultural Workers. “We fully provide the domestic market with the main, important, necessary for people types of products, successfully solve food security issues and, moreover, increase export opportunities,” the head of state said. Putin noted that Russia can contribute to overcoming global food problems to provide necessary assistance to the poorest, developing countries. The President believes that all this is a direct result of the efforts invested. Read more...
The consumer demand of Russians is still weak, the figures for September fell below the figures for July and August.Vladimir Putin stated this on October 6 at a meeting on economic issues. At the same time, industrial production has already returned to the level of last year: the auto industry, metallurgy, agriculture and construction are actively recovering, the president noted.The State Duma told Izvestia that, probably, against the background of such statements by the head of state, it will be possible to count on new measures to support the Russians.At the same time, the Federation Council is betting on stimulating national production, supporting employment. Read more...
The XIV industry business conference “Meat and Feed Industry. Development Prospects in 2022”, which is a key event for the farmers in the first half of the year, has been held on May 24th in the “Hilton Moscow Leningradskaya” hotel in Moscow. The organizer of the conference is the “Agroinvestor” project. The meeting brought together the manufacturers of animal feed and livestock products, representatives of the companies producing components and equipment for those sectors, as well as scientists, industry and financial experts. The participants of the conference analyzed the production volumes in the livestock, crop production. Read more...
The establishment of new selective breeding centers, which will shortly appear in some regions to provide Russian farmers with highly efficient genetic material, was announced by Prime Minister Mikhail Mishustin. The Prime Minister spoke at the strategic session, Food Security in Russia and the World, held within the Russian agricultural exhibition Golden Autumn – 2022. “We are working on the establishment of selective breeding centers to provide our farmers with highly efficient genetic material. We have seen a number of successful models at the exhibition. The new projects of such facilities are displayed at the exhibition. They will shortly appear in. Read more...
Inflation in Russia in annual terms slowed to 13.49% on October 3 from 13.71% a week earlier, according to the Ministry of Economic Development's review "On the current price situation." "In the week from September 27 to October 3, 2022, a moderate price increase of 0.07% is recorded. In annual terms, inflation continued to slow down to 13.49% year-on-year," the document says. According to the ministry, in the food segment, prices increased by 0.15% with a seasonal increase in the cost of fruits and vegetables, while non-food prices slowed down. "For tourism and regulated services, the price reduction continues (minus 0.1%) with cheaper. Read more...
The Federal Center "Agroexport" has developed a methodology for assessing the subjects of the Russian Federation by the level of development of the export potential of agricultural products, the press service of the organization reported. The work was carried out in order to create an information and analytical tool for monitoring the development of agricultural exports by regions, attracting potential investors in the export of agricultural products, as well as updating and promoting the topic of export development at the regional level. The methodology includes the analysis of 22 indicators grouped into 5 thematic index components. Read more...
Rosselkhoznadzor suspends imports of hatching eggs and other poultry products to Russia from the Czech Republic and the Netherlands affected by highly pathogenic avian influenza, from October 14, 2022. These measures are resulting from the lack of response from veterinary services in these countries, and inability to ensure the safety of poultry supplied, the press service said in a statement. “Europe is facing bird flu evolving and deteriorating. According to the European ADIS system, more than 4,000 avian influenza outbreaks were recorded within the first 8 months of 2022. Tens of millions of birds were culled, and the most affected countries see a vast decline in. Read more...
Since the beginning of the year, agricultural producers of the Stavropol Territory have increased the supply of canned meat abroad by 65% compared to the same period last year.This was reported to journalists on Monday in the press service of the Ministry of Agriculture of the region. "Since the beginning of the year, agricultural producers of the Stavropol Territory have increased the supply of canned chicken, pork, beef and turkey abroad by 65%, compared to the same period last year," the report says. It is noted that the main partner of the region in the export of canned meat is Tajikistan. Canned chicken produced in the Stavropol Territory is. Read more...
The Ministry of Agriculture plans to retain compensation for part of the direct costs incurred for the construction and modernization of agricultural facilities (CAPEX). This was announced by Minister of Agriculture Dmitry Patrushev during the government hour in the Federation Council. He noted that the measure stimulates production volumes precisely in those sub-sectors where it is needed. Patrushev noted that there are different opinions in the government regarding the reimbursement of part of the capital costs, however, this measure has not been in effect for the first year, the amount of funds allocated for the reimbursement of CAPEX is growing. In 2022, about 8. Read more...
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