Ukraine: soybean complex conquering new markets

In the 2015/2016 Ukrainian farmers obtained all-time high soybean crop – 3927 KMT. Firstly, this result was achieved owing to acreage expansion to record 2200 thousand ha. Over the past ten years Ukrainian soybean exports increased significantly, while markets were diversified. Export geography already included 33 countries. Given the persisting demand for soybean processed products…

Russia: DMZ performs testing of a new AC EMU

EP3D, brand new AC EMU produced by Demikhovsky Machine Building Factory (DMZ, belongs to Transmashholding Group), is being tested at VNIIZHT testing facility in Scherbinka, Moscow region. There is a high level of standardization in relation to mechanical engineering assemblies and components between EP3D and EP2D, DC EMU also designed by DMZ engineers. The EMU…

Ukraine: Antonov Airlines gets U.S. exemption

The U.S. Department of Transportation has granted Ukrainian operator Antonov Company (Antonov Airlines) broad air charter exemptions for flights to and from the US. These exemptions follow the U.S.-Ukraine Open Skies agreement, concluded on July 14, 2015, and became effective earlier this year. The U.S. DOT has also tentatively granted Antonov Company a foreign air…

Russia: Internet economy to grow in 2016

The economy of the Russian segment of the Internet, widely known as the Runet, will add 16.7% in 2016 to 1.581 trillion rubles, the Russian Association for Electronic Communications (RAEC) said. The growth is secured by a number of factors, including expansion of users’ expertise in Internet surfing, an omnipresent access to the Web and…

Ukraine: barley exports hit record in August 2016

According to official data, in August Ukrainian barley exports grew by 17% YoY and equaled 1924 KMT against 1019.5 KMT. During the first two months of 2016/2017 (July-August) Ukrainian exporters shipped 2204 KMT of barley, which was an absolute record for the period in question. Traditionally in August Saudi Arabia lowered its purchases, importing 371…