Large and medium-sized crushers of Ukraine produced 2.5 KMT of rapeseed oil in December 2016 against 2 KMT in November 2016 and 7.2 KMT in December 2015. Rapeseed oil production at Ukraine’s large and medium-sized plants has amounted to 61.6 KMT since the beginning of the season 2016/2017, or down by 52% YoY. Analysts note…
The USA are ready to negotiate the supply of Ukrainian organic wheat to its domestic market, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared. According to him, the USA have very overregulated laws in the sphere of food safety. It is quite difficult to enter its market with new products. But…
In January Ventspils Freeport terminals transshipped 2.5 million tons of cargoes, up by 40% YoY, as reported by the freeport’s public relations manager Inga Ievina. She noted that January has been passed successfully by the port – the volume of ro-ro cargoes and coal has increased, as have oil products, iron and iron-ore concentrates. Ievina…
Exports of Ukrainian food to the United Arab Emirates (UAE) fell by 19% in 2016, to $106 million, the Ukrainian Food Export Board (UFEB) has reported. “In 2013-2015 revenue from food supplies to UAE fell from $165 million to $134 million, and in January-November 2016 we had $106 million. The trend is disappointing,” UFEB Director…
The share of bad and non-performing loans (NPL) today is around 50% of the total loan portfolio of Ukrainian banks, Director of the financial stability department of the National Bank of Ukraine (NBU) Vitaliy Vavryschuk said. “We have revealed during stress tests that the share of these loans is around 50%,” he said. Vavryschuk said…
Dairy farming in Belarus has achieved a high level of industrial development, Belarusian Deputy Prime Minister Mikhail Rusy announced. “Industrial development of dairy farming in Belarus has achieved a high level. There are 4,115 farms in Belarus, and around half of them are highly modernized. Dairy farming in Belarus boasts a high degree of automation.…
Once the Belarusian nuclear power plant (BelNPP) is commissioned, the share of natural gas in the production of heat and electricity in Belarus will go down to 70%, Belarusian Deputy Energy Minister Vadim Zakrevsky said. “The nuclear power plant is expected to come online as a result of the program for the development of the…