Ukraine’s large and medium-sized crushers produced 16.2 KMT of margarine in May. Although its May output shrank by 17.3% MoM, the margarine market continues to persistently recover this year. Production increased by more than 22% YoY (13.2 KMT). Margarine output grew to over 90 KMT in the first five months of MY 2017. Thereby it…
In 2016-2017 MY the export volumes of Ukrainian flour to African countries and the Middle East significantly increased. It is worth noting the increase in purchases by such countries as Somalia, which imported more than 30 thousand tons in July-May 2016-2017 MY, against 1.8 thousand tons in the whole previous season; Angola – over 28…
There is an increased demand for Belarusian foodstuffs in Tula region of Russia, First Deputy Governor – Chairman of the Tula region government Yuri Andrianov reported. In Tula there are 52 stores selling Belarusian foodstuffs. Severn more stores offer Belarus-made consumer goods. All in all, there are more than 150 retail outlets selling Belarusian products…
Due to the constant delay in the adoption of important bills that are key to the International Monetary Fund (IMF) in deciding on the allocation of the next tranche, one of these tranches could be disbursed next year, Acting NBU Head Yakiv Smoliy said. “Due to the delayed consideration of important bills that were key…
In January-May the foreign trade balance of Ukraine in goods and services reduced to a deficit of $1.647 billion, a decrease of 9.2% compared with the deficit figures for the same period last year ($1.813 billion), the National Bank of Ukraine (NBU) informed. It is noted that in the reporting period the deficit of foreign…
With increased investments, Latvian farmers have managed to increase efficiency in the industry, a bank survey showed. According to the results of a survey performed by Swedbank, in 2017 farmers plan to invest money in grain dryers and towers, in updating machinery and buying agricultural land. “It is positive that farmers recognize that new technological…
JSC “Ukrzaliznytsia” offered customers a new mechanism to reduce the rolling stock shortage, in particular grain hoppers. “Ukrzaliznytsia suggests shippers to consider a possibility of increasing the number of rail cars by purchasing and subsequently providing them to Ukrainian Railways in financial leasing”, said the head of the board Wojciech Balczun. According to him “Ukrzaliznytsia…