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Tatar-Bashkir Report: August 11, 2005


11 August 2005
DAILY REVIEW FROM BASHKORTOSTAN
Ufa Boosts Foreign Trade Turnover, Reduces Losses
Ufa's foreign-trade turnover in the first half of the year grew more than 90 percent year-on-year, to $1.5 billion, RosBalt reported on 10 August. Ufa companies exported $1.37 billion in goods while importing $145 million.

Meanwhile, Ufa Deputy Mayor Albina Yusupova told a briefing on 9 August that the combined losses of Ufa companies totaled 570 million rubles ($20 million) in the first half of the year, down from 652 million rubles in the same period in 2004, "Moskovskii komsomolets v Ufe" reported on 10 August. The proportion of companies facing losses fell from one in four in January to one in five by August, Yusupova said.

Compiled by Gulnara Khasanova
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