Kazakhstan: wheat exports up

In July Kazakhstan exported 206.66 KMT of wheat. In just eleven months of 2015/2016 Kazakhstan exported 12.5% more wheat than over the same period of the previous season (3457 KMT against 3070 KMT during July-September 2014/2015 MY). During this period, Kazakhstan increased its supply to virtually all wheat markets, except Azerbaijan. Kazakh wheat shipments to…

Azerbaijan: Indian company opens office

The office of the Indian trading company ‘Global Trading’ was registered in Azerbaijan. The legal representative of the new company is Namig Veysalov. The company was registered in the Ministry of Taxes of Azerbaijan on June 6. Headquarters of the Global Trading company is in Delhi. The company deals with selling and production of paper,…

Russia: in October 2016 grain exports to drop

In October Russia will reduce the export volumes of grains to 3.7-3.8 million tons, as opposed to nearly 4 million tons expected in September and 3.5 million tons in October 2015, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky reported. In particular, wheat will form 3-3.1 million tons from the…

Belarus: EBRD to help pre-privatize five enterprises

The European Bank for Reconstruction and Development (EBRD) has received an application from the Belarusian government with a request to provide pre-privatization services for five prominent enterprises, Francis Delaey, the EBRD’s Head of Office in Belarus, reported. The EBRD has received an inquiry from the Belarusian government with a request to assist in pre-privatizing five…

Belarus: EU to double support of projects

The European Union (EU) has announced the doubling of the bilateral assistance package in support to private sector development and strengthening institutions in Belarus from 14.5 million euro in 2015 to 29 million euro in 2016. The EU Representative Office in Belarus posted a message to this effect on its official web site. The funding…

Belarus: gas output up in January-August 2016

Belarus increased gas output by 0.1% YoY in January-August to 145.3 million cubic meters, the National Statistical Committee said in a report. In August alone, Belarus’ gas output grew by 14.8% YoY to 18.1 million cubic meters. Belarus does not have its own gas fields. Within the limits of the Prypyats Flexure, where oil exploration…

Belarus and Germany explore opportunities for investment cooperation

Belarus and Germany explored opportunities for investment cooperation during the Day of Belarusian Economy at the Hamburg Chamber of Commerce on September 27, the press service of the Belarusian Ministry of Foreign Affairs reported. “The emphasis was placed on the opportunities for interaction and investment cooperation between Belarus and Germany in the context of Belarus’…

Azerbaijan to get first French locomotives in 2017

Azerbaijan will receive the first AZ8A freight electric locomotives in summer 2017, Bernard Peille, managing director of the French company Alstom’s South CIS Cluster, reported. These locomotives are produced by Alstom at the production site of the Elektrovoz Kurastyru Zauyty (EKZ) joint venture in Kazakhstan. Peille said the assembly process of electric locomotives had advanced…

Ukraine: Agroprodservice increases soybean crushing capacities

On September 15, Agroprodservice launched a new soybean crushing plant, which it had been building since March.

Crushing capacity is 40 KMT soybeans a year. Finished products will be soybean cake and non-refined soybean oil. Previously, company’s soybean cake production capacities equaled 1400 tons a month. (UkrAgroConsult/Business World Magazine)

Ukraine: soybean complex conquers new markets

In the 2015/2016 season Ukrainian farmers obtained all-time high soybean crop – 3927 KMT. Firstly, this result was achieved owing to acreage expansion to record 2200 thousand ha. According to UkrAgroConsult, over the past ten years Ukrainian soybean exports increased significantly, while markets were diversified. Export geography already included 33 countries. Given the persisting demand…

Azerbaijan: Silk Way and Russian Helicopters to create service center

Silk Way Helicopter Services (SWHS MMC) commercial helicopter company and Russian helicopter holding Russian Helicopters signed a letter of intent within the ADEX 2016 International Defense Exhibition on September 27. The document was signed by Director General of Silk Way Helicopter Services Azer Sultanov and Deputy Director General of JSC Russian Helicopters Igor Chechikov. According…