Russian import licence for Ukraine company

The biggest country in the world, with probably the most diverse geology, Russia is also a relative newcomer to some of the Western business practices and attitudes that its global counterparts take for granted. After the collapse of communism, Russia had no SME style businesses as we see them in the West - dynamic and aggressive developers of new markets and ideas that can move geographically and economically to fill voids in the marketplace.

The Ukraine-based companies Malo-Kokhnovsky Karier and Bekhovsky Granitny Karier have been licensed for crushed stone imports in Russia and have resumed their deliveries.

A total of 12,700tonnes was supplied as of mid-November. The Belgorod region (the Central FD) accounted for 93.4% and Moscow for 6.6% of the supplies.

Despite the current financial turmoil, Russia's aggregates market looks set for continued expansion. Heikki Harri reports. During the last decade the production of aggregates and related products has increased many times over in Russia and there is no seeming end to this trend. The country is committed to continuing investment in infrastructure and this means demand for aggregates will continue to grow.