A new plant for processing of oil raw materials will open on the basis of large enterprise LLP “Taiynsha-May” in the village of Ilichevka. Chinese investors will help with the construction. The plant will consist of 3 lines for deep processing of sunflower, rapeseed and other oilseed crops with a capacity of 300 thousand tons…
The company ADM has completed upgrade of an oilseed crushing plant in the town of Chornomorsk, Odessa region. Apart from having doubled the plant’s crushing capacity, its new equipment allows processing rapeseed, in addition to sunseed, and makes the production cheaper and more competitive. “We are excited to reopen our improved and enhanced oilseed processing…
The Ministry of Agrarian Policy and Food of Ukraine estimated the general grain harvest in the country in 2016 at the level of 64.2 million tons with the average yield of 4.48 ton/ha, up by 4 million tons YoY, the press-service of the ministry declared. In particular, corn will form the major growing trends to…
Britain’s Crown Agents has signed an agreement with Ukraine’s Health Ministry for 10 medicine procurement programs using 2016 budget funds. Crown Agents said in a press release that the agency would procure medicines and medical products worth 932.22 million UAH for the ministry. At present, Crown Agents has signed agreement to procure medicines to treat…
The Belarusian mechanical engineering company Bobruisk Plant of Tractor Parts and Units (BZTDiA) will ship the first batch of tractors to the UK in December, the company’s Marketing Department reported. The Belarusian company and Belarus Tractor Ltd (Banwell, UK) signed an agreement in late November. The agreement will classify the company as an official dealer…
Bad credits in the banking system of Moldova amounted to 16.29% as of the end of October, up by 0.52% MoM. Compared with October 2015, it increased by 6.48% or 1.7 times from 9.81%, NBM reports. The biggest shares of bad credits were recorded by Victoriabank – 33.82% (against 32.92% in September and 11.15% in…
On November 26 – December 2, Ukraine exported 922.5 thousand tons of grains from the seaports, against 836.3 thousand tons on the previous week. In particular, wheat shipments reached 403.9 thousand tons, corn – 456.4 thousand tons, and barley – 62.2 thousand tons. (APK-Inform/Business World Magazine)