Russia: wheat flour production down

In January-August the production volumes of crude sunflower oil and its fractions in Russia totaled 2.4 million tons, up by 10.6% YoY, the Federal State Statistics Service (Rosstat) declared.

At the same time, the production of wheat and wheat-rye flour decreased by 0.5%, to 5.7 million tons. (APK-Inform/Business World Magazine)

Ukraine: farmers called to export lentil to India

Indian Ambassador to Ukraine Manoj Kumar Bharti has called on Ukrainian farmers to export lentil to India. “In 2015, Canada exported 500,000 tons of lentil to India. If Canada can export lentil, why doesn’t Ukraine export it?” he said at a roundtable in the Ukrainian parliament in Kyiv. “India’s population is mainly vegetarians, and lentil…

Azerbaijan: EBRD’s support important

A delegation of the European Bank for Reconstruction and Development (EBRD), headed by Bruno Balvanera, director for the South Caucasus, Moldova and Belarus, arrived in Baku. Balvanera introduced Ivana Duarte, the new head of the bank’s Baku office, to the Azerbaijani government. The EBRD delegation was received by Shahin Mustafayev, Azerbaijani economy minister, as part…

Azerbaijan: China to get a stake in OGPC

Chinese companies may become owners of up to 50% in the Oil and Gas Processing and Petrochemical Complex (OGPC) in Azerbaijan, head of the country’s state oil company SOCAR Rovnag Abdullayev said. He said that the work on this issue was underway. “As you know, SOCAR and China National Petroleum Corporation (CNPC) signed a memorandum…

Azerbaijan the most important country in Caucasus and region

Ambassador Extraordinary and Plenipotentiary of the United States of Mexico to the Republic of Azerbaijan Rodrigo Labardini has received Caspian Energy’s delegation headed by President and Editor-in-Chief of the Caspian Energy International Media Group Natalya Aliyeva. During the meeting the sides discussed possibilities of expansion of contacts on the informational level within the Caspian European…

Ukraine: UIA commences testing SMS notification service

UIA started testing SMS notification service informing passengers of all scheduled flights on any delays and cancellations. Therefore, the airline’s clients will be notified of important schedule alterations. Within 48 – 1 hour prior to scheduled departure, passengers who provided UIA with correct contact details when booking their tickets might receive a notification on cancellation…

Ukraine: 90% of produced sunflower oil exported

Almost complete export orientation is the unique feature of the Ukrainian market of sunflower oil, the general director of the Association Ukroliyaprom Stepan Kapshuk reported. Ukraine consumes no more than 10% of the produced sunflower oil, and exports 90% of the remaining volumes. Any export limitations on sunflower oil will cause destabilization of not only…

Ukraine: planted areas of high-oleic sunflower seed up

During several recent years, the Ukrainian market of high-oleic sunflower seed demonstrated the positive dynamics of development, with annually increasing the planted areas under the oilseed, and its share in the general planted areas of all types of sunflower seed, the oilseed analyst at APK-Inform Agency Julia Ivanitskaya declared. According to APK-Inform estimations, in 2016/2017…

Ukraine: Astarta harvesting campaign

Astarta’s subsidiaries are successfully conducting autumn field works on the harvesting of the technical crops and preparation of soils for the following year. As of the middle of September, the company has already harvested 80% of the area under soybean and 40% under sunflower, the harvesting of the corn has just started. The company carries…

Russia: auto insurance reform being prepared

Russia’s Finance Ministry has prepared major changes to the compulsory auto liability insurance, known in Russian as OSAGO. Among other amendments, the ministry has proposed to divide OSAGO policies into three types: an “economic package” with current limits of 400,000 rubles for damage to property and 500,000 rubles for injuries, a “standard” package with limits…