In the agricultural industry Ukraine has to move in the direction of developing value-added commodities production, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared. The Minister noted that large-scale agricultural corporations had fairly good level of development. As for medium and small-scale companies, they have somewhat lower yield level. But at…
Ukraine imported 3.002 billion cubic meters of natural gas worth $586 million in the first half of 2016, including 19.596 million cubic meters worth $4.133 million in June alone. The average cost of imported gas in June was $210.9 per 1,000 cubic meters, up by $26.7 MoM. The bulk of the imports in June –…
French automobile concern Renault plans to deliver cars to Azerbaijan from Russia. Renault has already started to deliver cars to Kyrgyzstan from Russia. Meanwhile, the company wants to expand opportunities to localize the production thanks to the access to new markets of the CIS (Commonwealth of Independent States), while car sales in Russia decrease against…
Romanian farmers have finished rapeseed harvesting. 2016 rapeseed harvesting campaign was the most productive ever in Romania. For more than 20 years rapeseed acreage in Romania has been expanded to the third largest acreage over the reporting period. In autumn 2015, sowing was carried out at the optimum seeding time. In general, wintering of this…
Renault Russia has launched exports of cars made in the country to Kyrgyzstan, the company said in a statement. “Renault Russia announces a launch of supplies of cars to Kyrgyzstan, thus expanding the export project to the CIS states. The first export supplies of Renault cars to the country were carried out in the framework…
As of August 22, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 26.2 million ha (on the same date in 2015 – 22.3 million ha), or 55.4% of the planned areas (47.3 million ha). The produced volumes reached 80.7 million tons of grains, with the average yield of…
Russia’s budget deficit may exceed 3% of the gross domestic product (GDP) in 2016, Prime Minister Dmitry Medvedev said after a government meeting. “The expected deficit this year will amount to more than 3%. It is higher than planned, naturally, we will do everything we can to keep the deficit in the framework of the…