Week #22. Brief news of the Russian food market.

Brief news of the Russian food market.

Week #22

Russian Prime Minister Dmitry Medvedev has banned state-owned companies from buying imported wine. The ban is introduced to support Russian winemaking.

The fast-growing segment of gastronomic supermarkets attracts new investors. The owner of one of Russia’s largest construction companies, PIK Sergey Gordeyev, announced his intention to develop a chain of grocery stores in Moscow. The first gastronomic supermarket under the Baltschug brand will open on Baltschug Street, 5 in the center of Moscow.

Novosibirsk scientists develop plant growth stimulant based on phytohormones. It is expected that it will increase crop yields, and at the same time it will be cheaper than existing analogues.

The third largest Russian food chain “Pyaterochka” supermarkets will refuse packages and replace them with eco-bags.

Russia’s largest food company Riteil “Magnit” began testing the delivery of products from its stores in Moscow and Kazan.

For the first time in 10 years, beer sales have increased in Russia.

In Russia, a ban on steak with blood. Since it violates the sanitary rules of Russia.

Russian supermarkets may be required to accept empty bottles.

Auchan, the largest French network, is experiencing serious development problems in Russia. In 2018, Auchan’s revenue in Russia decreased by 8.5%, to 306.4, which was the minimum since 2014. It is known that since the beginning of 2019, for various reasons, about 5,000 people left the company with a staff of 40,000 employees. In addition, in February 2019, 30 unprofitable stores were closed.

The increase in food prices in the Russian Federation in January-April 2019 was 3.6%, while in the EU, food became more expensive by 1.1%

This year, meat production in the Russian Federation may decline. Due to the fall in household incomes and the saturation of the domestic market, the growth rate of meat production in 2019 may be the lowest in the last five years.

Export earnings of Russian exporters increased by 3 times in 4 years of embargo. The leaders were grain, seafood and oil.

Since the beginning of 2019, 8 cases of African swine fever have been reported in Russia.

Russian fishermen will be able to catch 11,000 tons of saury in the North Kuril zone this season.

The Federal Security Service of Russia is preparing a law to strengthen the responsibility for the illegal harvest (catch) of aquatic biological resources.

The procedure for registration of fishing vessels in the port of Murmansk is planned to be made easier.

Russian catch of aquatic biological resources reached 2 million tons by the end of May.

A large Russian food producer, NMGK, is considering a project to build a terminal for exporting oil in the port of Astrakhan, which will allow it to increase supplies to Iran, which is becoming a promising market for Russia.

Rapeseed harvest will be a record for Russia this year.

Russia in May will export about 1.2 million tons of grain.

In the seaport of Novorossiysk, a batch of infected peaches from Egypt was prevented from entering Russia. The party amounted to more than 12 tons of fruit.

Coca-Cola in Yekaterinburg will sell milk for vegetarians for the first time.

Baltika Breweries, a member of the Carlsberg Group, launched non-alcoholic beer production at a plant in Novosibirsk.

Yours faithfully,

Alexander Sinyanskiy

Business Solutions on Russian Food Market

www.alexandersinyanskiy.ru  

Please read the same my other posts:

Week #21. Brief news of the Russian food market.

Step №2 – “Look at you products and website by the eyes of a Russian”

Step № 3 – “Do not offer commission!”

Step № 4 – “Learn and research about your future competitors”

Step № 5 – “Assess potential obstacles”

Step № 6 – “The most critical MUST-DO: localize and translate your food business into the Russian language”

Step №19 – “Always collect all the information about your Russian partners”

Step№ 21 – “GMO food, organic food and food additives”

Step №24 – “Who are your potential clients in Russia?

Step № 46 – “How to find a distributor or buyer for FREE in the food market of Russia”

Step № 47 – “Holidays and days off in Russia. What for? Of course for business”

Step № 48 -“E-commerce in Russia”

Step №49 – “Start your food business in Russia remotely and manage all processes without problems”

Lack of customization for the Russian food market, on the example of a bread machine of a very famous global company.

You often ask me why I do not use Whatsapp? I answer!

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