Sugar news from Russia and Belarus, Dec 11, 2020

Latest news are available in our daily reports.


Socially responsible manufacturing business received a clear message from Russian President Vladimir Putin and Prime Minister Mikhail Mishustin, now it is necessary to look for ways to reduce prices, said Maxim Basov, general director of Rusagro.


Food manufacturers and retail chains may sign an agreement next week, agreeing to contain prices, said Andrey Bodin, Chairman of the board of Soyuzrossahar.


Belarusbank will receive compensation for losses on loans provided by Zhabinka Sugar Plant OJSC. Compensation for losses on loans will be at the expense of the republican budget, provided for other issues in the field of agriculture.



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