Belarus: Belagroprombank to take out NEFCO loan to finance environment projects

OAO Belagroprombank is planning to attract the loan of the Nordic Environment Finance Corporation (NEFCO) to sponsor environmental projects. The relevant agreement was signed by the bank and NEFCO on September 28, in Minsk. The Nordic Environment Finance Corporation (NEFCO) is an International Financial Institution established by the Nordic Governments in 1990. NEFCO provides results-based…

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…