Profit of state-run Oschadbank (Kyiv) in January-September totaled 410.7 million UAH, while the bank saw 5.4 billion UAH loss a year ago, the bank has said in a press release. Operating income over the period exceeded 7 billion UAH, including almost 5 billion UAH of net interest income and 1.5 billion UAH of net fee…
Ukraine’s Pivdenne (Yuzhnoye) Design Bureau is stepping up the international military and technical cooperation and together with a foreign partner is developing a new short-range anti-aircraft artillery complex in the interests of the Armed Forces of Ukraine. The new weapons are intended to replace Soviet anti-aircraft systems such as ZSU-23-4 Shilka self-propelled radar guided anti-aircraft…
Last week prices kept growing on Ukrainian export market of milling wheat. Increased demand from major importers was the main driver for price strengthening. Traders also raised their demand prices for milling wheat on the domestic market. CPT- port prices strengthened by nearly 50 UAH last week. Traders feel need of 3rd grade wheat, having…
After active putting into operation of new elevators in the period of 2010-2015 in the current year Ukraine demonstrated a significant reduction of activity in the market segment, the grain market analyst at APK-Inform Agency Andrei Kupchenko declared. According to the State Statistics Service, in 2015 Ukraine launched granaries with the general capacity of more…
In October Belarusian Potash Company and OAO Belaruskali shipped potassium chloride to Australia by sea in bulk for the first time ever, the press service of Belarusian Potash Company reported. The vessel with Belarusian potash on board was inspected and okayed by the Australian quarantine service, thus confirming that all the steps – from manufacturing…
Minsk Motor Plant (MMZ) and the Tatarstani holding company RariTEK have signed a memorandum of cooperation to develop and make gas-fueled engines based on engines of the Belarusian company. The companies have also signed a dealership agreement to sell products to the Russian automobile engineering company ELAZ, Igor Yemelyanovich, Director General of OAO Managing Company…
As of October 20, agricultural organizations in Belarus continued harvesting corn for grain and sugar beet, the Ministry of Agriculture and Food declared. In particular, agrarians harvested 627.1 thousand tons of corn throughout the areas of 75.5 thousand ha (59.3%), with the average yield of 8.3 ton/ha. Last year the grain production volumes totaled 232.3…