Almost complete export orientation is the unique feature of the Ukrainian market of sunflower oil, the general director of the Association Ukroliyaprom Stepan Kapshuk reported. Ukraine consumes no more than 10% of the produced sunflower oil, and exports 90% of the remaining volumes. Any export limitations on sunflower oil will cause destabilization of not only…
During several recent years, the Ukrainian market of high-oleic sunflower seed demonstrated the positive dynamics of development, with annually increasing the planted areas under the oilseed, and its share in the general planted areas of all types of sunflower seed, the oilseed analyst at APK-Inform Agency Julia Ivanitskaya declared. According to APK-Inform estimations, in 2016/2017…
Softex-Aero Ukrainian company posted a video of the maiden flight of a new high-speed helicopter VV2 on its YouTube channel. Softex-Aero designed the helicopter’s concept in May. It is a tandem two seater. The helicopter’s power is 190 H.P. /140kW in cruise and 245 H.P. /180 kW in take off. The maximum flight speed is…
Astarta’s subsidiaries are successfully conducting autumn field works on the harvesting of the technical crops and preparation of soils for the following year. As of the middle of September, the company has already harvested 80% of the area under soybean and 40% under sunflower, the harvesting of the corn has just started. The company carries…
Turkmenistan’s President Gurbanguly Berdimuhamedov has named the main vectors of the country’s socio-economic development which will be taken into account in the draft 2017 state budget. The president noted that the country would continue the reforms on the integrated diversified economic development. These reforms envisage the implementation of major investment projects of international and regional…
The Executive Board of the International Monetary Fund (IMF) completed the second review of Ukraine’s implementation of an economic program backed by the Extended Fund Facility and approved of the disbursement of a third tranche worth SDR 716.11 million, or about $1 billion, the IMF said in a statement. “This brings total disbursements under the…
Kazakhstan plans to increase oil production to 79.5 million in 2017 and to 86.5 million tons in 2021, according to the 2017-2021 socio-economic development outlook, the Kazakh National Economy Ministry reported. In the baseline scenario, the oil price is expected at $35 per barrel in 2017-2019, with an increase to $45 per barrel by 2021.…