KSG Agro (Luxembourg) with assets in Ukraine saw $1.95 million of net profit in January-June compared to net loss of $3.825 million a year ago. According to a company report on the Warsaw Stock Exchange (WSE), its revenue over the period grew by 40%, to $7.14 million. KSG Agro saw a 22.5% rise in operating…
There is every ground to believe that the inflation in Belarus will stay under 12% in 2016, Prime Minister Andrei Kobyakov said after he presented his report to the Belarusian head of state on August 23. “We have already announced that, unfortunately, only one out of seven parameters, outlined by the head of state, was…
In January-July Ukrainian flour milling enterprises produced 1.03 million tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared. At the same time, the production volumes in July totaled 149 thousand tons, up by 12.5% MoM, and down by 7.2% YoY. In January-July the production volumes of crude sunflower oil in…
In January-June Russia increased cereal crops export volumes by 37.9% YoY to 13.484 million tons, the Federal State Statistics Service (Rosstat) reported. According to the announcement, in the reporting period wheat and meslin traditionally formed the basis of grain export supplies – 9.306 million tons, up by 68.6% YoY. Also, the exports of Russian corn…
According to the State Statistics Service, in 2015 Ukraine produced slightly more than 347 thousand tons of groats, down by 1% YoY (350 thousand tons). At the same time, some segments demonstrated significant decline of production volumes. In 2015 the production volumes of buckwheat groats decreased by 25%, to 68.3 thousand tons, against 90.9 thousand…
Further actions to reduce the refinancing rate in Belarus will be closely intertwined with the country’s balance of payments, the Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur reported. “As far as further steps are concerned, there is no doubt we are going to act in a…
Ukraine’s GDP growth in 2017 is expected to be 2.9% with inflation of 9% (December on December), according to a consensus forecast published by the Ukrainian Economic Development and Trade Ministry. Experts anticipate that this year the country’s GDP will grow by 1% with 13.1% inflation. The ministry said four months ago the economy restoration…