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Orel Region’s High-Tech Export To Germany

From January to April, 2019 Orel region’s export to Germany increased by 7% compared to the same period of 2018 and amounted to $5.9 mln. The major share of export supplies (97%) were constituted by the following goods: • Automatic circuit breakers for a voltage not exceeding 72.5kV; • Boards, panels,...

Modified: 15.07.2019
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German companies plan to invest around 395 mln euro per year in Russia

The total amount of investments in Russia planned by 44 German companies within the next 12 months is roughly 395 mln euro, according to a survey conducted by the Russian-German Chamber of Commerce among 141 companies in May-June 2019. "The readiness to invest among the interviewed companies rose by almost one quarter compared with December 2018. Thirty-nine percent of respondents plan to invest in Russia within the next 12 months against 30% in December. Meanwhile, 61% of respondents plan...

Modified: 03.07.2019
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TVEL Fuel Company of Rosatom and Hermith GmbH establish a joint venture for titanium production

During the St. Petersburg International Economic Forum, TVEL Fuel Company of Rosatom and Hermith GmbH (Germany), a major European titanium supplier, have concluded an agreement aimed at establishing a joint venture for production of titanium alloys. The document has been signed by President of TVEL JSC Natalia Nikipelova and Director General of Hermith ...

Modified: 07.06.2019
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Trade turnover between Russia and Germany increased

Trade turnover between Russia and Germany increased 8.4% and reached nearly ˆ62 billion ($70 billion) in 2018 compared to previous year. Year-on-year imports from Russia to Germany expanded 14.7%, amounting to €36 billion ($40 billion). Export to Russia rose by 0.6% to ˆ25.9 billion ...

Modified: 13.02.2019
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Krasnoyarsk’s Copper Export To Germany Increased Sixfold

For the three quarters of 2018 trade turnover of Krasnoyarsk Territory and Germany amounted to $765 mln., it is a 3.4-fold increase compared to the same period of 2017. Germany was the third largest trade partner of the Territory. The major share of the trade turnover was constituted by Krasnoyarsk Territory’s export ...

Modified: 01.02.2019
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Germany’s Demand On Russian New Year and Christmas Toys Increases

From January to November, 2018 Russia’s export of New Year and Christmas toys to Germany reached $229 thous. and increased by 9% compared to the same period of 2017. Vladimir and Nizhniy Novgorod regions became the largest Russian exporters of this production to Germany and accounted for 97% of all New Year and Christmas toys exported ...

Modified: 15.01.2019
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Rostov Machines Are Exported To Germany

Designed in Rostov-on-Don machines for cardan shafts repair and manufacture were exported to Germany. The supply included a UNIKAR-3000 machine for assembling, welding and balancing of cardan shafts and a press for staking universal joints of cardan shafts. UNIKAR-3000 machine is unique both for Russian and for foreign markets. The machine ...

Modified: 14.01.2019
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Adygei and Germany: $118 Thous. Cheese Deal

From January to July, 2018 the Republic of Adygei has exported to Germany 14.828 tn of young cheese for the total amount of $118 thous. Germany has decreased cheese import from Adygei by 15% in terms of value and by 11% in terms of volume compared to the same period of 2017. Nevertheless, Germany has still remained ...

Modified: 12.10.2018
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Germany, France, Italy become biggest foreign investors in Moscow's economy

Germany, France and Italy were the biggest foreign investors in the economy of Russia’s capital last year, head of the Moscow department of foreign economic and international relations Sergei Cheremin said Wednesday, adding that the total amount of direct ...

Modified: 27.07.2018
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China and Germany Became the Main Vitamins Suppliers to Russia in 2017

... export value ($5.33 mln). Russia imported provitamins and vitamins (both natural and synthesized) from more than 20 countries. The main vitamins suppliers accounting for 89.9% of all import were such countries as: · China (29.1%) to $51.65 mln; · Germany (27.4%) to $48.68 mln; · Switzerland (9%) to $16.01 mln; · France (6.7%) to $11.90 mln; · Austria (5.2%) to $9.29 mln; · india (5.1%) to $8.98 mln; · Serbia (3.9%) to $6.99 mln; · United Kingdom (3.4%) to $6.02 mln. Provitamins and vitamins were ...

Modified: 12.07.2018
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In 2017 the trade between Germany and Russia grew by 19.5%.

... Petersburg International Economic Forum (SPIEF) which will take place on 24–26 May 2018. In this bilateral meeting, Anton Kobyakov noted the active development of cross-sectoral and business ties between the countries. In 2017 the trade between Germany and Russia grew by 19.5%. “German enterprises successfully operate in virtually all regions of the Russian Federation, and about 6,200 German companies, for the most part representing small and medium-sized businesses, are registered in ...

Modified: 14.05.2018
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Siemens can participate in tender for Taman TPP turbines — Russia's Rostec

Germany’s Siemens will be able to take part in a tender on supply of gas turbine equipment for the Udarnaya Thermal Power Plant (TPP) in Taman to be constructed by Technopromexport, an affiliate of Rostec Corporation, Chief Executive Officer of Rostec ...

Modified: 24.04.2018
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Construction of BMW plant in Kaliningrad may start this year - governor

German carmaker BMW Group may start the construction of a full cycle plant in Russia’s Kaliningrad region before the end of 2018. At the end of March 2017, BMW announced plans to make a final decision on the construction of a plant of complete production cycle in Kaliningrad. It was planned that by June the terms of a special investment contract between BMW, Avtotor (a local carmaker), Russian Industry and Trade Ministry and the regional government will be set. The new mechanism implies that the...

Modified: 09.04.2018
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BMW expects to sign deal for plant construction in Kaliningrad region in 2018

German carmaker BMW Group expects to sign a special investment contract for the construction of a full cycle plant in Kaliningrad region before the end of the year, Member of the Board of Management of BMW Group AG Oliver Zipse told TASS. According to him, the company is currently in the process of negotiations with Russian partners, regional and federal authorities. "We aim to finalize it before the end of the year," he said, adding that manufacturing for the local market would be the...

Modified: 22.03.2018
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Krasnodar Territory Key Exporter of Russian Sparkling Wines

... the previous year. The biggest importers of Krasnodar sparking wines are ex-Soviet republics: Latvia (51% in 2017), Kazakhstan (22%) and Belarus (7%). Outside the former Soviet Union, the leading importers of Krasnodar wines are Israel (8% in 2017), Germany (4%) and Japan. The Krasnodar Territory was followed by the other two leading sparking wine producers which jointly accounted for another 18% of 2017 exports: Rostov Oblast which exported to US$363,000, and North Ossetia-Alania, a Northern Caucasian ...

Modified: 26.02.2018
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