Market news
Banks and Credits
Starting from September 01, 2015 French consumers, entrepreneurs and companies have not to pay in cash or by electronic money purchasing over 1’000 Euro. The Decree n° 2015-741 dd June 24, 2015 was
Agriculture
French media vividly reacted to the government’s commitment to limit harm of chemicals Ségolène Royal, one of key socialist figures, at present French minister of Ecology, declared on June 14, 2015
Agriculture
Russia implements export duty for wheet at 15% plus €7.5, but not less that €35 per ton from February 01, 2015. The above duty will make Russian wheet noncompetitive. Russian Agricultural Ministry explains
Agriculture
Ministry of Agriculture offers Ministry of finance to change method of subsidy calculation for credits of locally grown producers, as derivative from key rate of Russian Central Bank (current – 17%), instead of bank rate (8.
Energy industry
A number of pessimistic forecasts of Russia 2015 was replenished with probably the darkest views on future of oil in 2015.
Energy industry
The state statistics Committee has reported a fall of production of petroleum products in October 2014 In October 2014 the production of motor gasoline in Russia amounted to 700.6 thousand tons or 87%
Energy industry
Turkey will be the second gas market for Russia and distribution center like Germany in Europe. Eurocommission banned Sothern flow through Bulgaria «gifted Ancara with gas valve, which she can use for
Energy industry
Le Monde reports that on 30 October 2014, after 10 days of intense talks in Brussels Russia, Ukraine and Europe have developed a scheme of gas supplies to Ukraine and the repayment of Ukraine’
Avia
NPO Energomash and RD-193 has won the tender held by Orbital Science Corporation. The engines will be installed on carriers Antares, which will be produced in 2017. The engines were developed in the framework
Banks and Credits
Russian goverment is advised to launch “programme of quantative softening” like USA by financial support of bank sector. Banks will get money from Central bank, will re-credit it by 3-4% to
Avia
International aeroport Kaluga will start working after reconstruction in the middle of December 2014. It will work in full in 2015 . By 2030 it will service 500 whousand people annually. Area –
Energy industry
From 01 January 2015 to 31 December 2029, will last the agreement between Russia and Slovakia on the supply of 6 million tons of oil a year to Slovakia and transit through Slovakia to 6 million tons per year.
Banks and Credits
According to a study of the European Central Bank (La Banque centrale européenne, BCE), 25 banks from the euro area are not able to resist 130 in the financial shock and have a need for capital to 25 billion euros.
Cars
In January-September 2014 in Russia produced 37.6 million tires, tires and tubes (-4.1% in 2013). The major market players continue to: Nizhnekamskshina, Nizhnekamskshina and Altai Tyre Plant.
Energy industry
Shares of grand oil company Total fell by 2% to €42.08 per share, and capitalization decreased to €100.3 bln. 20.10.2014 in avia crash died its managing director Christophe de Margerie.