Ukrainian AgMin revealed the list of the top profitable agrarian commodities in 2015. According to the list sunflower was the most profitable commodity for agribusiness as its profitability index reached 80.5% in UAH. Along with this its profit earning grew by 100% compared to the previous year. Time will show the results of 2016, but…
Ukrainian barley prices decreased. By the end of last week export prices for new crop barley had fallen by $4-5. Domestic prices declined by 150-250 UAH last week. By July 11 farmers had gathered barley from 35% of the intended area. An average productivity is almost 11% higher than last year. (UkrAgroConsult/Business World Magazine)
Ukraine International Airlines (UIA), the largest Ukrainian airlines, saw a 24% rise in passenger transportation in January through June 2016 YoY, to 2.5 million people, UIA President Yuriy Miroshnikov said. “The results of the first half of the year are successful and optimistic. I can say that UIA continues seeing the upward trend outstripping the…
Ukraine International Airlines (UIA, Kyiv), the largest Ukrainian airlines, believes that the aviation market with eastern countries should be liberalized, UIA President Yuriy Miroshnikov said. “The European market is liberalized enough. Dear managers of the sector, use your liberalization efforts in the East. There are examples of liberal approach, such as Georgia, Kazakhstan, and tough…
In January-June Russian seaports handled 344.5 million tons of cargo (up by 6% YoY), said the press center of Federal Marine and River Transport Agency (Rosmorrechflot). Transshipment of dry bulk cargo totaled 156.8 million tons (+10.7%), liquid bulk cargo – 187.7 million tons (+2.3%). Operators of the Arctic Basin terminals handled 21.28 million tons (+…
The Russian United Instrument Manufacturing Corporation (UIMC) presented the first ever unmanned aerial vehicle (UAV) to be built in the country using a three-dimensional printer, the corporation’s press service said in a statement. “The United Instrument Manufacturing Corporation has presented at the Innoprom trade fair Russia’s first unmanned aerial vehicle that was created entirely by…
Sales of new passenger cars in Russia have fallen by 14.1% in the first six months of this year, compared to the same period last year, the Association of European Businesses (AEB) said. Compared to 2015, sales of automobiles in the first six months of the year decreased by 110,291 units, with the total number…