Ukraine: barley exports reach high records

In August Ukrainian barley exports grew by 17% YoY and equaled 1924 KMT against 1019.5 KMT. During the first two months of 2016/2017 (July-August) Ukrainian exporters shipped 2204 KMT of barley, which is an absolute record for the period. Traditionally in August Saudi Arabia lowered its purchases, importing 371 KMT against 523 KMT in the…

Russia: retailers eager to sell Google’s new phone Pixel

Russian retailers are interested in selling Google’s Pixel, the first smartphone fully designed by the U.S. company, spokespeople for several companies reported. “Google’s previous models Nexus sold at Svyaznoy enjoyed some success among the fans of the most technically advanced smartphones”, Sergei Tikhonov, a spokesman for multi-channel retailer Svyaznoy, said adding that it was still…

Russia: Rosneft allowed to buy 50% in Bashneft

The Russian government has allowed oil major Rosneft to buy the government’s 50.08% stake in oil company Bashneft without an auction for 329.6 billion rubles, a source at the Energy Ministry reported. On September 30, First Deputy Prime Minister Igor Shuvalov said that the government had decided to resume preparations for the sale of its…

Russia: Rosneft to be sold in November 2016

The Russian government will most likely sell a 19.5% stake in oil major Rosneft in November, Economic Development Minister Alexei Ulyukayev reported.

“We do not have the time now. According to the schedule, most likely in November”, he said. (Prime/Business World Magazine)

Russia: pork imports from Moldova banned

Russia has banned pork imports from Moldova starting with October 6, due to an outbreak of ASF.

This was reported by the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). (TASS/Business World Magazine)

Russia: online retail exports to go up in 2016

Russia’s cross-border sales of goods and services, including digital goods, content, games and social networks, will grow by 32% in 2016 to $2 billion, payment platform PayPal and research agency Data Insight said in a study. The internal e-commerce market will exceed $20 billion in 2016. “The market of retail Internet exports of goods and…

Russia: Moscow formalizes broken nuclear deal with US

Washington has de-facto suspended cooperation with Moscow on an agreement on nuclear power cooperation after Crimea was annexed in 2014 and Moscow only formalized the fact on Wednesday, presidential spokesman Dmitry Peskov said. On Wednesday, Moscow suspended cooperation with US in scientific research and nuclear power. The Foreign Ministry said that Moscow would still fulfill…

Belarus: soil drought retains

Short-term rains observed last week did not replenish soil moisture stocks considerably and moistened only the upper soil layer. The situation is better in the 10-cm soil layer and sowing campaign is coming to the end in quite good conditions. Plants sown in the first half of September are at the stage of first-third leave…

Ukraine: marginality of bread production minimal

Regulation of prices for bread in Ukraine leads to the minimum marginality of bakeries work, the General Director and Chairman of the Board at the association Ukrhlibprom Alexander Vasilchenko declared. He informed that the ratio of prices for flour and bread in Ukraine totals 0.3 EUR/kg and 0.35 EUR/kg respectively, whereas in Poland the flour…

Ukraine: cement output up in August 2016

The State Statistics Service of Ukraine reports that production of cement in August increased by 15.5% YoY and now is 1’03 million tons (excluding Crimea, city of Sevastopol, part of Donetsk and Lugansk regions). Moreover, the monthly amount of production in August is the record-breaking since September 2013. If compared to July the output went…