Ukraine: sunflower conditions remain good

Last week the weather was warm with lack of precipitations. Heavy rains were observed only in Kharkov, Zhitomir, Kiev and Dniepropetrovsk regions with lightning. Average daily temperature fluctuated within 18.2-29.4 C and was 1-7 C higher than the norm. Maximum air temperature in the warmest days increased in the South to + 38 C and…

Russia: Inter RAO IFRS EBITDA guidance up in 2016

Russian power holding Inter RAO has raised the forecast for earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2016 to 85 billion rubles from 79-80 billion rubles, Dmitry Palunin, a member of the management board, said. The forecast is under International Financial Reporting Standards (IFRS). In May, Inter RAO already raised its EBITDA outlook…