In Ukraine linseed belongs to a niche of agricultural crops, which require further advanced processing and are used in related industries such as pharmaceutical, confectionery, textile and others. Export duty at 23% set in 1999, which triggered acute reduction of linseed acreage, was an obstacle for linseed production recovery in Ukraine. Currently, the linseed export…
The number of LNG powered vessels in the Baltic region will more than triple totaling 250 units by 2019, Kirill Lyats, CEO of LNG Gorskaya, reported. According to him, 80 vessels driven by LNG (mostly Norwegian) are operating in the region today. (Portnews/Business World Magazine)
Biometric airport equipment recommended by Russian inspectors should arrive in Egypt sometime in November, Egyptian Civil Aviation Minister Sherif Fathy said. “It should arrive in Egypt in mid-November. We will need some time to install it, then we will contact our Russian colleagues and discuss our further steps”, Fathy reported. Acting on Russia’s recommendation following…
DTEK Energo will buy 30,000 tons more gas coal in Poland in addition to earlier contracted 100,000 tons. The company will supply it in November to Burshtyn and Dobrotvirska thermal power plants (TPPs, managed by DTEK Zakhidenergo), the press service of the company has reported. The press service said that first wagons with Polish coal…
Shareholders in private joint-stock company AMD Illichivsk (Odessa region) have permitted the company’s board to refinance a credit line with the limit of $30 million (765.98 million UAH). According to a company report, the decision was made at an extraordinary general meeting of shareholders on October 28. The shareholders authorized the board of ADM Illichivsk…
Following a surge of public bewilderment over the riches declared by Ukrainian officials and members of parliament under a new system of electronic declaration of the personal financial status, Ukrainians have come up with proposals to make high-rank personalities invest the resources declared in the national economy. A petition for this was registered at the…
China’s Silk Road Economic Belt concept has been adapting to Russia’s Eurasian integration program, Russia’s ambassador to China Andrei Denisov said. “There has been significant progress in determining the mechanism of interaction between the Eurasian integration project and the Silk Road concept”, the ambassador said. “We have an opportunity to boost cooperation in all areas”,…