Month: February 2020

Thyssenkrupp sells the elevator business for 172 billion euros
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German conglomerate Thyssenkrupp has announced the sale for 17.2 billion euros ($ 18.9 billion) of the elevator manufacturing unit to a group of investors led by the direct investment funds Advent and Cinven. This will allow a difficult company to improve its financial position. The industrial giant, among other things, produces steel, car parts and…
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Arbidol sales skyrocketed due to advertising and coronavirus
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Sales of the antiviral drug arbidol and analogues have been rising sharply since late January, although before falling, according to DSM Group. Agency analysts attribute sudden growth to advertising and excitement due to coronavirus COVID-19 On January 28, the media reported that an advertisement for arbidol mentioning the coronavirus had appeared on radio stations. On…
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The first aircraft engine created in Russia had to be re-certified
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The Aviation Register of the Interstate Aviation Committee (IOC) is involved in the certification of the PD-14 engine. . ADK and KLA are part of the state corporation Rostech. PD-14 is one of the main projects of the Russian civil aviation industry, the first civilian jet engine built in Russia from scratch, it is designed…
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Brewers are asked to tighten the requirements for the composition of beer
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The Union of Russian Brewers (PSA) has appealed to the Ministry of Finance to tighten the requirements for the composition of beer. On January 9, 2021, the technical regulation of the Eurasian Economic Union (EAEU, which includes Russia) “On the safety of alcoholic beverages” will come into force, which will replace grain up to 50%…
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Sugar factories are closing in Russia
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In the agricultural season 2020/21 (lasting from August 2020 to July 2021) will not be able to operate plants with a total capacity exceeding 150,000 tons, said the chairman of the board of Soyuzrascukar Andrei Bodin. We are talking about the Melevza Sugar Plant in Bashkortostan (part of the Prodimex group), the Nurlak Sugar Plant…
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Danish shoe manufacturer Ecco has bought a Russian partner
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Danish Ecco has bought 100% of its Russian distributor Eco-Ross, two representatives of competing companies told Vedomosti. The information was confirmed by a representative of the Federal Antimonopoly Service (FAS): the request for the deal was received in November 2019, it was approved. Eco-Ross was registered in 1994. The company is owned by Andrei Sevagin…
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Greenhouses have proved to be the most profitable area of agriculture in Russia
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Rosselkhozbank’s Center of Industry Expertise analyzed which areas of agriculture are the most profitable. The analysis is based on the bank’s calculations according to the reports of borrowers for the four quarters ended October 31, 2019. Among the bank’s customers – 11,000 farmers. “Vedomosti” got acquainted with the results of the study. Industry leaders According…
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Rosrybalovstvo opposed the holding of auctions for fishing
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Rosrybolovstvo opposes the position of the Federal Antimonopoly Service (FAS), which proposes to distribute the rights to catch fish and seafood at auctions. This follows from the press service of the agency. Abandonment of the quota mechanism will negatively affect the development of the fisheries complex, reduce investment, worsen the economic performance of the industry…
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The FAS proposed to meet the redistribution of the fishing market
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The proposal to reform the order of distribution of rights to fish and seafood is contained in the draft presidential decree “On the national plan for the development of competition for 2021-2025.” It was developed and sent for interdepartmental approval by the Federal Antimonopoly Service (FAS). “Vedomosti” got acquainted with the text of the document,…
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For the first time in more than 20 years, the Russian beer market has changed its leader
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According to the results of 2019, the leader in the Russian beer market has changed: AB InBev Efes took the first place for the first time, and the long-standing leader, Baltika, a member of the Carlsberg Group, took the 2nd place. This was told to Vedomosti by employees of two breweries with reference to Nielsen…
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The Brewers’ Union has complained about dumping in the beer market
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Some brewers have been pursuing policies of dumping and unfair competition for several years, according to the Union of Russian Brewers. This stimulates the development of the gray market and does not allow most brewers to develop a civilized business. The union does not specify who is dumping. But he made the statement the day…
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Russian brewers quarreled over retail prices
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Russia’s three largest brewers – Baltika (part of the Carlsberg Group), Heineken and AB InBev Efes – have announced their withdrawal from the Union of Russian Brewers (PSA). The reason is fundamental disagreements with other members of the union over the fight against the illegal market, including issues of state regulation of prices, prescription restrictions…
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Gardeners have asked the state to make subsidies more understandable and transparent
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Director of the National Union of Fruit and Vegetable Growers Mikhail Glushkov in a letter to Deputy Minister of Agriculture Elena Fastova proposed to change the procedure for providing subsidies to gardeners. “Vedomosti” got acquainted with a copy of the letter, its authenticity was proved by Glushkov himself. The office of the Ministry of Agriculture…
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