In 2015/2016 Russian wheat exports totaled 24.65 MMT, up by 15% YoY. Main tendencies of the finished season were the decrease in wheat purchases from Turkey and higher exports to Egypt. Thus, share of Turkey in Russian wheat exports decreased from 20% in 2014/2015 to 13% in 2015/2016. While the share of Egypt grew to…
In January-July seaports of Russia increased the shipment volumes of grains by 16.9% YoY, to 15.3 million tons, the Association of Sea Commercial Ports of the Russian Federation announced. At the same time, in the reporting month some increase in mineral fertilizers shipment was observed – by 2.8%, to 9.3 million tons. The general cargo…
The Russian ban on the supplies of food products established in 2014 contributes to development of domestic agro-industrial complex and should be extended after the end of its effective term (December 2017), the Minister of Agriculture of Russia Alexander Tkachev declared. “In order to further promote import substitution, increase the competitiveness of the domestic production…
Yuzgas B.V. (the Netherlands), which won the tender for an investor in the production sharing agreement (PSA) for hydrocarbons extraction on Yuzivska field (Donetsk and Kharkiv regions), has undertaken an investment of $200 million in geological exploration during the first five-year phase of the PSA. “In particular, during the first year the sum will be…
Wojciech Balczun, Chairman of the Board of PJSC Ukrzaliznytsia, expects to receive a billion-dollar investment into the development of Ukrzaliznytsia in the coming years. He said this at a meeting with representatives of the American Chamber of Commerce. “As for investments into rolling stock and infrastructure, we would like to attract $1 billion in two-three…
Public joint-stock company Ukrzaliznytsia intends to sign a contract to carry out construction works on over 300-km railway tracks with Ministry of Roads and Urban Development of Iran, the company’s press service reported, referring to Board Chairman Wojciech Balczun. “We quickly worked with the agreement of the Infrastructure Ministry of Ukraine and Ministry of Roads…
National Energy Company Ukrenergo saw 292.681 million UAH of net profit in 2015 compared to 1.94 billion UAH of net loss a year ago, according to an audited report posted on the company’s website. Revenue grew by 74.5% in 2015, to 5.5 billion UAH, and pretax profit totaled 395.326 million UAH compared to 2.264 billion…