Trade and services

Ulyanovsk Automobile Plant in 2016 sold in the Russian market 48848 cars, which is more by 1% than a year ago. As a result, UAZ took the ninth place by sales among all automakers in Russia, and the brand's market share was 3.4% against 3.0% a year before.

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Russian dealers of KIA in 2016 sold 149 567 cars - less by 8.5% than a year before. As a result, according to preliminary statistics, KIA managed to keep the leadership in terms of sales among all foreign brands represented in Russia - as well as in 2014 and 2015.

The company "Peugeot Citroen Rus" together with its Bank PSA Bank in 2016 sold 33% of Peugeot and Citroen cars on credit.

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At the end of 2016 KAMAZ managed to increase its revenue, by receiving operating profit, while the company had a negative performance in the previous year.

Russian dealers of KIA in February of 2017 will start accepting orders for the updated crossover KIA Soul, including the "charged" version of the KIA Soul GT.

Furthering the Swedish retailer’s investment in fuel cell technology, this project complements the company’s focus on other renewable energies such as solar and wind.

Prices of major food commodities declined for the fifth year in a row in 2016, averaging 161.6 points for the year as a whole, some 1.5 percent below their 2015 levels. In December, the FAO Food Price Index averaged nearly 172 points, unchanged from November.

Commercial property investment in Europe will be strong in 2017 as bond prices weaken and investors seek safe but growth-orientated opportunities, according to an analysis released in a report by Cushman & Wakefield’s European Capital Markets team.