Slovenian poultry meat processor Perutnina Ptuj has unveiled plans to invest in its plant in Backa Topola, in Serbia’s northern region, with the aim of doubling. Read more...
Moody's international rating agency forecasts that Russia’s GDP will grow by 1 percentin 2017, according to the agency’s report released on Jan. 11. "Moody's projects that Russia, the largest economy by far among the nine countries, will record positive, albeit modest, real GDP growth of 1 percentin 2017 after two years of recession. This upturn will lift the broader region due to trade and financial linkages," the agency said. According to the agency’s experts, "stabilization of oil prices has eased the direct and indirect economic and fiscal pressures on the nine rated sovereigns in the Commonwealth of. Read more...
Russia’s largest sausage manufacturers are urging retailers to drop discount promotions as they look to halt a three-year fall in sales, the Gorbatov’s All-Russian Meat. Read more...
Ukraine faces a rising threat from highly pathogenic avian influenza (AI), as the disease spread to two new regions in the past week, while African Swine Fever (ASF). Read more...
Kyrgyzstan is no longer allowed to transport its goods to Russia by road through the territory of Kazakhstan, Advisor to the Director of the Veterinary and Phytosanitary Safety Inspectorate Tolonbek Yrsaliyev told Tazabek on 6 January. The ban on transport of Kyrgyz goods subject to veterinary control via Kazakhstan to Russia came into effect from 1 January 2017. "The Ministry of Agriculture of Kazakhstan represented by the Deputy Minister Gulmira Isayeva sent a letter on 31 December 2016 informing about introducing a ban on road and air transport of goods subject to veterinary control via Kazakhstan based on the decision of the Customs Union as of. Read more...
For the first time in the past five years, Russia enjoyed a brief moment of minor deflation in 2016. During the first week of August, consumer prices decreased by 0.1 percent. The previous occurrence was registered in September 2011. To compare, the 2015 inflation level in Russia stood at 12.9 percent. The easing of inflation pressure on the Russian economy is good news. All other factors being equal, it is expected to speed up the process of bringing the overall inflation level down to 4 percentin 2017. This target was originally identified by the Central Bank of Russia in late 2014, when it intentionally stopped keeping the ruble. Read more...
Labor in Russia is now paid for only slightly higher than in India and Bulgaria, according to a study by a Russian state academy. Russians' real disposable income has fallen by 12.3 percent since the beginning of the economic crisis in 2014,writesthe TASS news agency, citing a report prepared by theRussian Presidential Academy of National Economy and Public Administration. The report concludes that the continuing fall in the population's real income has led to an increase in the poverty level, which in the January-September 2016 period was 13.9 percent. This indicator is higher than the level from similar periods in 2012-2014, says the report. In May. Read more...
Clean and ethical labels alongside intelligent packaging and the demand for organic produce are some of the key trends likely to dominate the. Read more...
Currently, pig prices are fluctuating between 110 and 115 Roubles per live kg ($1.77 to $1.85). With pig meat consumption increasing in Russia by 6.6 per cent in 2016, pig farming continues to be very profitable in Russia. Currently, there are approximately 300,000 new sow places with finance approved (and some already under construction) and another 200,000 new sow places in final stages of approval, writes Simon Grey – General Manager, Russia, CIS, and Europe. Genesus attended the recent meeting of Russian Pig Producers. Main points of discussion (other than dealing with African Swine Fever) was development of export markets in China / Asia. With the most. Read more...
Russian pork consumption hit 25kg per capita this year, which could be a 25-year high, said Yuri Kovalev, CEO of the Russian Union of Pork Producers (RUPP), in a speech at Moscow’s. Read more...
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