Ukraine: sunflower conditions remain good

Last week the weather was warm with lack of precipitations. Heavy rains were observed only in Kharkov, Zhitomir, Kiev and Dniepropetrovsk regions with lightning. Average daily temperature fluctuated within 18.2-29.4 C and was 1-7 C higher than the norm. Maximum air temperature in the warmest days increased in the South to + 38 C and…

Russia: Inter RAO IFRS EBITDA guidance up in 2016

Russian power holding Inter RAO has raised the forecast for earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2016 to 85 billion rubles from 79-80 billion rubles, Dmitry Palunin, a member of the management board, said. The forecast is under International Financial Reporting Standards (IFRS). In May, Inter RAO already raised its EBITDA outlook…

Ukraine: quality of grains meeting importers requirements

Qualitative characteristics of Ukrainian grains supplied to foreign markets completely meet the international standards, the Head of the State Service on Food Safety and Consumers Protection Volodymyr Lapa said. According to him, the export trading continues developing, and Ukrainian grain products are in demand on the global market. Therefore, Ukrainian grains have the required qualitative…

Kazakhstan: spring grain harvesting started

At the beginning of last week weather conditions were favorable for completion of winter wheat harvesting in the South and South East. Crops condition is mainly good and stage of development is full ripeness. In the reporting period conditions were also favorable for growth and development of spring grain crops and grain filling, though short-term…

Russia: grain exports down in August 2016

On August 22-28, the export volumes of grains from the Russian seaports reached 203.1 thousand tons, against 406.8 thousand tons shipped in the previous week.

In particular, wheat shipments totaled 200 thousand tons, and peas – 3.1 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: corn conditions in Kherson region

Long-term hot and dry weather in Kherson region led to excessive accumulation of effective warmth. Evaporation from the water surface was 7-7.4 mm per day (norm 5.7 mm). As a result fast development of late spring crops was observed, which can lead to premature completion of vegetation, which can happen 1-2 weeks earlier. On the…

Russia: Boeing top exec to chair Sukhoi Civil Aircraft

Boeing Commercial Airplanes top executive Kamil Gaynutdinov will become CEO of Russia’s Sukhoi Civil Aircraft. In 2003, Gaynutdinov worked at airline UTair being responsible for contracts on helicopter transportation abroad and in 2005 he chaired Boeing Commercial Airplanes’ division Commercial Aviation Services in Russia and the CIS. Ilya Tarasenko, the current CEO of Sukhoi Civil…

Belarus: MAZ to sell 100 buses to Russia

The Belarusian automaker Minsk Automobile Plant (MAZ trademark) will ship 100 buses to the Russian city of Kazan in the Republic of Tatarstan, representatives of the company said. The Belarusian low-floor large-capacity buses MAZ 203 will be used to transport passengers during the world football championship that will take place in Kazan in 2018. The…

Belarus: companies’ equity capital up in January-July 2016

The equity capital of Belarusian companies (except for banks, insurance and state-funded companies, micro- and small-sized companies without departmental affiliation) grew by 0.8% in January-July to Br112.8 billion ($57.6 billion), Belarus’ National Statistical Committee (Belstat) said in a statistical report. Companies’ liabilities stood at Br120.7 billion ($61.7 billion) as of July 1, up by 10.9%…

Belarus: truck exports up in H1 2016

Belarus increased truck exports by 24% YoY in January-June to 1,847 units, Belstat said in a statistical report. Truck exports to the CIS states grew by 13.5% to 1,546 units at the average price of $140,123 apiece (down by 10.8% YoY), other foreign countries – 301 units (up 2.4 times), average price – $116,598 (down…