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16 December, Saturday

Ufa   °

Economy/Business

Minimum wage will be increased since January 2018

A bill on bringing the minimum wage to the level of the subsistence minimum passed the final reading in the State Duma, «Izvestia» reports. The minimum wage will be set at 85% of the subsistence level. Thus, the minimum wage will be 9,489 rubles. And since January 1, 2019, this indicator will be set in the amount of the subsistence minimum for the second quarter of the preceding year.

Economy/Business

Macro indicators show steady growth in industrial production in Bashkiria

The Ministry of Economic Development of Bashkiria summed up preliminary results of social and economic development for the year. All macro indicators show steady growth rates. Over the past six years, the gross regional product in real terms increased by 16%. In absolute terms, the development indicator of the republic doubled - from 759.

Economy/Business

Third resident appeared in Bashkir Belebey PDA

An agreement on operation in the territory of the priority development area was signed between the UralPromTechServis plant and the Belebey city administration. The enterprise is engaged in repair and installation of industrial machines and equipment. The company invests 5 million rubles in the project.

Economy/Business

Vladimir Putin answered question of Ufa journalist regarding funds received from federal budget

The representative of the Ufa newspaper " Obshchestvennaya Elektronnaya Gazeta " Stanislav Shakhov managed to ask the head of state Vladimir Putin a question at the 13th annual press conference. “Getting federal funds is a headache for any region. For example, when Bashkiria collects 100 billion rubles of revenues, transfers 50 billion rubles to the federal budget, and after that, it has to send numerous delegations to Moscow to get 30 billion rubles back as subsidies.

Economy/Business

593 million rubles will be allocated for republican industry development program

A state program "Development of Industry and Enhancing Its Competitiveness" was approved at a meeting of the Government of Bashkortostan, which was held by the Head of the Republic Rustem Khamitov. According to the Minister of Industry and Innovation Policy Alexey Karpukhin, currently the industry forms about 37 percent of the gross regional product of the republic, provides employment for every fourth working resident, generates about 80 percent of profits, 46 percent of tax revenues in the region'

Economy/Business

Strategy-2030 is aimed at welfare of our citizens - Rustem Khamitov

A Strategy of Social and Economic Development of the region for the period until 2030 was approved at a meeting of the Government of Bashkortostan, which was held by the Head of the Republic Rustem Khamitov. For the first time, not only regional scientific teams, external experts from Skolkovo, but also the public and business were involved in elaboration of the Strategy, discussing its main provisions.

Economy/Business

Large garment manufacture will appear in Agidel - Development Corporation of Bashkiria

The Bashkortostan Development Corporation together with the Magellan Group of Companies conducts work on establishing garment manufacture in the territory of the Agidel with creation of 100 new jobs. At present, it is selected the necessary personnel for the enterprise created in Agidel. An agreement was reached with the Magellan group of companies to conduct interviews with potential applicants in Agidel on December 19, to inspect production areas, and to take decisions on further actions on creating a garment production in this city of the republic, the Bashkortostan Development Corporation reported.

Economy/Business

Vodka is recognized as one of most high-quality products in Russia

Roskachestvo experts (“Russian Quality System” autonomous nonprofit organization) have not revealed any serious violations while testing domestic and foreign vodka sold in legal retail, reports RIA Novosti. Thus, vodka has become one of the most high-quality products in Russia. The results of the check are published on the website of the department.

Economy/Business

Forestry complex can become economic growth driver in Bashkiria: experts

On December 12, in Moscow, the Forum of the Timber Industry Complex "LPK 360°" was opened. The Forestry Development Strategy of Bashkiria, developed by the specialists of the Republican Forestry Ministry and Industry Ministry, scientists of the Institute of Strategic Studies of the Academy of Sciences RB will be presented there.

Economy/Business

Public sector employees salaries will grow by 4% - Government of Russia

The Russian Government ordered to increase the wages of federal employees by 4% since January 1, 2018. The corresponding document is published on the official Internet portal of legal information. Federal state bodies and institutions should take measures to increase the remuneration of employees of federal state, budgetary and autonomous institutions at the expense of the federal budget.

Economy/Business

We should enter foreign markets with import substitution products - Rustem Khamitov

During his visit to the production site of JSC Pharmstandard-Ufavita, the Head of Bashkortostan Rustem Khamitov named the enterprises of the republic that successfully work within the program of import substitution. "Today, as a result of an import substitution activity, the Ishimbay plant operates almost at full capacity producing catalytic cracking catalysts and continues to increase volumes.

Economy/Business

Rustem Khamitov suggested using liquefied gas in railway sector

The Head of Bashkortostan Rustem Khamitov speaking about the prospects of liquefied natural gas, suggested using it in rail transportation. "Controversy still remains regarding what is more profitable - compressed or liquefied gas. It is clear that liquefied gas also has a significant market niche. It would be interesting to use it primarily for heavyweights and railways.

Economy/Business

Sistema filed lawsuit against Rosneft and Bashneft for 330 billion rubles of damages

Sistema JSFC filed a lawsuit with the Moscow Arbitration Court against Rosneft and JSOC Bashneft for damages of 330.4 billion rubles. As reported on the Sistema website, during the year of 2017, Rosneft and Bashneft have taken and continue to take actions seeking for unjust enrichment and "destroying the corporate value of Sistema, bring the Corporation to bankruptcy," damage to the corporation, its shareholders and creditors.

Economy/Business

Unemployed number is counted in Bashkiria

According to the latest data from the employment service, there are now about 19.7 thousand officially registered unemployed in Bashkiria. At the beginning of the year there were approximately four thousand more. Compared to the last week, the level of registered unemployment in the region increased slightly and reached 0.

Economy/Business

Gasoline has risen in price at Bashneft refueling stations in Ufa

Gasoline has risen in price at Bashneft refueling stations in Ufa. Thus, gasoline of 92 RON brand costs now 36,4 rubles, 95 RON  - 39,4 rubles, ATUM - 39,8 rubles per liter. At the beginning of the week, the statistics of the republic already recorded an increase in prices for Ufa gasoline stations.

Economy/Business

Rosneft and Bashneft filed new lawsuit against Sistema for over 131 billion rubles

  Rosneft and Bashneft filed a lawsuit with the Arbitration Court of Bashkiria against Sistema JSFC and Sistema-Invest to recover damages by 131.6 billion rubles, TASS reports citing Rosneft. It is noted that the amount of the claim corresponds to the amount of dividends withdrawn by the defendants from Bashneft from 2009 to 2014 in their favor, excluding the taxes paid.

Economy/Business

National Bank named sum held by Bashkiria residents in deposits

According to the press service of the Branch - National Bank of Bashkortostan, the amount of individuals' deposits with credit institutions amounted to 347.5 billion rubles by November 1 of this year. The growth rate by the beginning of the year was 103.1 percent. As of October 1, the republican population kept 349.

Economy/Business

Unique engine for ultralight aircraft is created in Bashkiria

In Bashkiria, a unique engine for ultralight aircraft was invented. It is designed for aircraft weighing less than 1000 kilograms (including - drones). The project participates in the federal accelerator of technological projects and start-ups GenerationS ("Dual Technologies" track).

Economy/Business

Rustem Khamitov headed Bashkortostan delegation at "Transport of Russia" International Forum

The Head of Bashkortostan Rustem Khamitov headed the official delegation of our republic at the 11th International Forum "Transport of Russia", which is held in Moscow. The Head of the Republic will take part in a meeting on "Safe and High-Quality Roads" priority project in 2017, which will be carried out by the Chairman of the Government of the Russian Federation Dmitry Medvedev, and will deliver a report at a plenary discussion of the "Transport of Russia.

Economy/Business

Import substitution: production of elevator equipment is launched in Bashkiria

A production of innovative for Bashkiria products - elevator equipment is launched by the "Rusco Lift" company in Sterlitamak. "The design production capacity of the company is four thousand elevators per year. The products meet all modern technological requirements," said Elena Vershinina, spokeswoman for the State Construction Committee of Bashkortostan.

Economy/Business

Top 5 easiest spheres to find job in Bashkiria

The HeadHunter Portal website analyzed the vacancies and resumes in Bashkortostan and compiled the Top 5 professional areas where you can easily find a job. "In the course of the study it was found out that by the end of the year a competition per one vacancy had reached 6.6 CV. This is considered an increased level of competition among job seekers: it is easier for an employer to find an employee than for a candidate to find a job.

Economy/Business

Fitch Ratings has affirmed credit rating of Bashkortostan

The Fitch Ratings international rating agency has affirmed the long-term rating of the Republic of Bashkortostan at the level of "BBB", the outlook is "stable". This decision was made on December 1 after an analytical survey conducted by the agency, the Ministry of Finance RB informs. According to analysts, the rating of the investment category "BBB-" reflects Bashkortostan'

Economy/Business

High-tech enterprise for acrylic acid production is launched in Bashkiria

Production of acrylic acid and butyl acrylate is launched in the city of Salavat. The new enterprise was opened at Gazprom Neftekhim Salavat, the press service of the republican government reported. The Head of Bashkortostan Rustem Khamitov, during his visit last May, highly appreciated the enterprise investment program allowing starting industrial wastewater treatment lines simultaneously with a launch of new modern units.

Economy/Business
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