According to scientists of the Institute of Agrarian Economics, in 2016 the general production of agricultural goods will increase by 3.7% YoY and total 248.2 billion UAH, the Director of the National Scientific Center “Institute of Agrarian Economics” Yuri Lupenko declared. In particular, the production volumes of plant growing commodities will increase by 6.1% to…
The Belarusian producer of lifts OAO Mogilevliftmash exported 7,842 lifts in January-September, up by 26.6% YoY, Mogilevliftmash Director General Boris Kovalevsky reported. Russia is the main target market for Mogilevliftmash, with over 70% of the exports sold there. “Despite the tough competition that has existed in Russia for many years the Mogilev-based company remains a…
Ukraine’s losses from restrictions in economic cooperation with Russia are estimated at $900 million in 2016, Ukrainian Deputy Minister of Economic Development and Trade Natalia Mikolskaya said. “In this context, the European Commission has agreed to offer additional trade preferences to Ukraine”, she said, adding however that these funds were not enough “to cover even…
The first segment of the rebuilt runway of Chisinau International Airport was inaugurated on November 15. It is about 1 km from the 3500-meter runway. As much as 25 million euro was earmarked to this effect. “We have inaugurated the first segment of the runway. The quality has improved. I refer to the capacity of…
Bulgaria recently signed a 29-million euro deal with Russia to purchase 10 new engines for its MiG-29 fighter aircraft. According to Bulgarian Prime Minister Boyko Borisov, the agreement was signed on November 9, though he was reluctant to disclose any additional details about the contract. Borisov also announced that Sofia sought to purchase maintenance rights…
According to the Bulgarian Ministry of Agriculture, as of November 3, 401.7 thousand ha of corn were threshed, or 95% of the plan (423 thousand ha). 2118.5 KMT were harvested with the average yield of 5.27 MT/ha. Pace of harvesting is 8.9% higher than in 2015. On the reporting date, average corn yield was up…
Ukraine’s State Service for Food Safety and Consumers’ Rights Protection has imposed a ban on imports of birds, poultry and by-products from Bulgaria and Hungary. According to a posting on its website, referring to information from the World Organization for Animal Health (OIE), cases of Newcastle disease in Bulgaria and bird flu cases in Hungary…