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…
Azerbaijan was a leader in tomato export to Russia in 2017, according to the Russian Federal Customs Committee. Azerbaijan increased its export volume by 50%, to 151,000 tons ($151 million). Azerbaijan’s share in Russian tomato import increased from 22% in 2016 to 30% in 2017. Russia accounted for 99.8% of Azerbaijan’s total tomato export in…
The European Union remains a major supplier of agricultural products to Ukraine for the second year in a row, accounting for 48.9% of the country’s agri-food imports in 2017. Shipments in monetary terms from Europe increased to $2.27 billion in 2017, from $1.94 billion in 2016, the press center of the National Scientific Center “Institute…
The aggregate state (direct) and state-guaranteed debt of Ukraine in January decreased by 0.25%, or by $190 million, to $76.11 billion, according to the website of the Ministry of Finance. In the national currency the state debt decreased by 0.46%, or by UAH 9.82 billion, to UAH 2.132 trillion. According to the report, public debt…
Head of the HypeUA project for the construction of a Hyperloop-type facility in Ukraine, Oleksandr Ozeran, has announced approximate costs of test site construction in the city of Dnipro. “Work on estimates is underway. But it doesn’t cost a lot of money. Now the construction of 1 km of track in Europe costs $40 million.…
MTZ’s export rose by 26% YoY, to $561 million in 2017, Yuri Pototurko, the acting deputy director general for marketing – marketing director of Minsk Tractor Works (MTZ trademark), said at an international conference of MTZ distribution network entities. MTZ significantly built up exports to a number of countries: Russia, Uzbekistan, Kazakhstan, Azerbaijan, Tajikistan, Kyrgyzstan,…
A solemn opening ceremony of the international airport was held in Turkmenabat city, the administrative center of Lebap province. The airport built by Gundogdy local company is located 13 kilometers from the city in close proximity to the Ashgabat-Turkmenabat highway and the Ashgabat-Kerki railway. The capacity of the complex is 500 passengers per hour. A…