Estonia: electricity network fees to be lowered

The Competition Authority of Estonia released a conclusion that the cost of electricity distribution services of electric grid operator Elektrilevi was not adjusted to their current costs and should be lowered by 6.7%. Because network charges make up 50-55% of the consumer price of electricity, the price of electricity for the average consumer should drop…

Ukraine: corn exports up in November 2016

According to official information, Ukraine exported roughly 2231.6 KMT of corn in November, up by 19% YoY (1878.8 KMT). Ukrainian corn exports picked up pace by 9% in Q1 2016/2017 against the same period a year ago. Ukraine supplied 3643.5 KMT of corn to foreign markets in September-November (3344 KMT at the same time in…

Ukraine: over 35% of goods exported to EU

Export of Ukrainian goods and services to the European Union countries amounted to 35.7% in January-September, Deputy Economic Development and Trade Minister of Ukraine Natalia Mykolska said. “We see a trend that the EU actually remains our main trading partner, and our exports to the European Union grow. The goods constitute the bulk of exports…

Ukraine: TogliattiAzot ammonia transit to restart in 2017

Ukraine’s state ammonia transportation firm Ukrkhimstransammiak and Russian chemicals producer TogliattiAzot may sign an agreement to resume transit of TogliattiAzot’s ammonia via Ukraine after the New Year holidays, First Deputy Prime Minister Stepan Kubiv said. “Regarding Transammiak – the limit was reached this year, so, correspondingly, an agreement on restoration of this work should be…