In the current season, Ukraine demonstrated rather record rates of wheat supplying to foreign markets. During the period of July-January of 2016/2017 MY, the exports of Ukrainian wheat reached 12.7 million tons, up by 16% YoY (11 million tons). At the same time, Ukraine showed a significant increase of grain exports in the Asian direction.…
Armenia’s exports amounted to $124.4 million in January, up by a total of 35.4% against the same period last year. As the National Statistical Service reports, Russia-bound exports surged by 80%, while those to the EU countries and Iraq increased by 21.5% and 24.4% respectively. Exports to the United Arab Emirates grew 6-fold, totaling some…
X5 Retail Group, the owner of grocery chains Perekrestok and Pyaterochka, has asked suppliers to reduce purchasing prices by 10% due to strengthening of the ruble, according to the company’s letter. “The dollar rate has recently decreased to 59.5 rubles from 60 rubles (by 10%) and the euro rate fell to 63.5 rubles from 72…
Electricity tariffs for households (the population) from March 1, increased by 2.6-30.2% depending on the volume of consumption compared with the rates being in force since September 1, 2016. Earlier tariffs for the population were divided into three blocks, depending on the amount of consumption: up to 100 kWh per month, from 100 kWh to…
Real wages in Ukraine in January compared to January 2016 increased by 21.4% and compared to December 2016 they fell by 8.3%, the State Statistics Service has said. The largest growth of average wages in January compared with January 2016 was observed in Ternopil (by 54.3%), Zakarpattia (51.8%), Chernivtsi (50.3%), Volyn and Kherson (49.8% each),…
HarvEast agricultural holding has planted its first walnut garden on 30 ha in Donetsk region in 2016. “What the eye fears, the hands do. We planted our first walnut garden on the area of 30 ha in Donetsk region in autumn 2016,” HarvEast CEO Dmytro Skorniakov wrote on his Facebook page. HarvEast is an agricultural…
Tajikistan’s central bank late last week announced it was pulling the licenses of two of its troubled banks and was trying to work out how to compensate account-holders. That decision, publicized on February 24, comes only weeks after the National Bank of Tajikistan (NBT) committed to spending tens of millions of dollars on refinancing the…