Ukraine: Sberbank to be renamed Norvik Banka

Once the sale of Sberbank of Russia’s subsidiary in Ukraine is closed, the bank will be renamed Norvik Banka. “The bank will be renamed. By all appearances, its name will be Norvik Banka, because it will be a subsidiary of European bank Norvik Banka,” Russian-born businessman Grigory Guselnikov said. The change in the bank’s brand…

Ukraine: cranberries and bilberries exports up in 2016

Ukraine exported 2,900 tons of cranberries and bilberries in 2016, up 3.3-fold YoY, Ukraine’s Agricultural Policy and Food Ministry has reported. The largest importers of Ukrainian berries were Poland (1,400 tons), the Netherlands (613 tons) and Belarus (541 tons). In general, exports of cranberries and bilberries brought $6.9 million of currency income last year. The…

Ukraine: goods exports down in 2016

In 2016, the exports of goods from Ukraine totaled $36.4 billion, a decrease of 4.6% compared with 2015 (down by $1.8 billion), the Ministry of Economic Development and Trade of Ukraine reported. According to the announcement, there was a significant slowdown in the rates of exports falling in comparison with the beginning of 2016. In…

Belarus: Bobruisk-made tractors on display in UK

The first presentation of Belarus compact tractors made at the Bobruisk Plant of Tractor Parts and Units took place at Junction 24, one of the largest livestock markets of the UK Sedgemoor Auction Center. The presentation of Belarusian products was organized by the Banwell-based company Belarus Tractors Ltd. Since 2016, this company has been the…