Industrial Milk Company (IMC) saw a 17.1% YoY fall in net profit in January-September 2016, to $16.69 million. According to a company report on the Warsaw Stock Exchange (WSE), its revenue fell by 19.9%, to $80.25 million. Taking into account the published data for H1 2016, the company saw $2.07 million of net loss in…
All the accumulation of money from oil sales of Azerbaijan and also spending are transparent and internationally audited, Azerbaijan’s President Ilham Aliyev said during a meeting with a group of participants of the 5th News Agencies World Congress in Baku. “Oil, of course, is a big asset. But it depends on how you take advantage…
EU farmers will keep soft wheat area the same for the 2017 harvest despite the depressant of weak prices, Strategie Grains said, citing a limited switching of land to rapeseed instead. The influential analysis group in its first detailed forecast for EU cereals sowings for next year’s harvest pegged soft wheat area at 24.3 million…
Danosha company will invest next year in equipment that will enable producing soybean oil and cake right at the plant. Over the recent years, soybeans have been sown in the test mode to check out if the local conditions are suitable for this crop. In late October Danosha finished soybean harvesting with a yield of…
The Swiss company Risoil S.A. declared its readiness to continue investing in construction of a grain terminal in SE Commercial Sea Port of Chernomorsk, the press-service of the company reported. In 2014 the company started construction of a grain terminal Risoil Terminal. In March the terminal was put into operation, and Risoil launched the first…
According to the Ministry of Agriculture, as of November 10, 759.9 thousand ha of sunflower had been threshed, or 99.9% of the plan. 1699.7 KMT had been threshed with an average yield of 2.24 MT/ha. Soybean had been threshed from 14.4 thousand ha, or 99.3% of the harvested area (14.5 thousand ha). 18.6 KMT of…
Representatives of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan met in Ashgabat to discuss a draft protocol on cooperation in safety of shipping in the Caspian Sea. The agreement creates a legal basis for cooperation between the parties in the fight against terrorism, organized crime, arms and drugs trafficking, smuggling, human trafficking, illegal immigration, as well…