Ostrich breeding is developing in Armenia, with a farm in the country’s Armavir province currently producing and selling basturma, sujuk and other products of ostrich meat. Minister of agriculture Ignati Arakelyan visited the province where non-traditional agriculture was gathering pace. The ostrich farm, in particular, was established in 2008 while the birds were imported from…
According to information released by Statistics Estonia, the turnover of retail trade enterprises in January decreased by 1% YoY at constant prices. The decrease in turnover was affected the most by enterprises engaged in the retail sales of automotive fuel. In January the turnover of retail trade enterprises totaled EUR 521.2 million. The decrease in…
Uzbekistan will expand number of grape wine producers, variety wine materials and cognac alcohol in 2019, Uzbek President Shavkat Mirziyoyev ordered in his “On measures for substantial modernization of winemaking industry and realization of alcohol production” decree. According to the document, requirement of determining an expiration date for the wine production will be removed beginning…
Ukrainian solvent banks’ net profit grew 5-fold YoY in January, to UAH 1.69 billion ($63 million). The banks’ revenue in the first month of 2018 totaled UAH 14.599 billion ($544.5 million), while expenses stood at UAH 12.908 billion ($481.5 million), according to the National Bank of Ukraine (NBU). Interest income accounted for 77.4%, the largest…
The export of meat from Ukraine to Azerbaijan rose 2.7-fold YoY and amounted to $37.8 million in 2017, Nikolai Pugachev, director of the national scientific center “Institute of Agrarian Economics” and academician of the National Academy of Agrarian Sciences, said. During the period, Azerbaijan became one of the TOP-5 importers of this product from Ukraine.…
Estonian distribution network operator Elektrilevi has entered into framework agreements with suppliers in six regions. The volume of the contracts reaches some EUR 40 million to be spent on extending, maintaining, and repairing Estonia’s electricity distribution network. The framework agreements are the most far-reaching yet, covering a large number of jobs and suppliers and outlining…
The Belarusian tractor maker MTZ will increase the production of tractors designed for precision farming, MTZ CEO Fyodor Domotenko reported. According to the source, the share of innovative products in the output of the Belarusian tractor maker exceeds 20% and continues rising. The new tractor model Belarus 82.1 with an American precision farming system did…