Ukraine: wheat export prices down

Bearish price trends persisted on the Ukrainian milling wheat market last week. Average export prices for 12.5%- protein milling wheat closed the week down by another $1-2/MT FOB for September-October delivery. Prices for wheat with 11.5% protein content remained within the last week’s range for September-October delivery. Export prices for feed wheat closed the week…

Azerbaijan: Fitch to upgrade IBA’s ratings

Fitch Ratings, the international ratings agency, said that it had withdrawn International Bank of Azerbaijan’s (IBA) $500 million senior unsecured notes following the completion of the bank’s debt restructuring and the settling of the issue on September 1. The agency has not yet rated the new $1 billion senior notes due 2024 issued in part…

Ukraine: state debt up in July 2017

The total state (direct) and government-guaranteed debt of Ukraine in July increased by 1.4% or by $1.05 billion, to $76.06 billion, the Ministry of Finance said on its website. The state debt in the national currency rose by 0.69% or by UAH 13.45 billion, to UAH 1.971 trillion. Since the beginning of the year the…

Ukraine: 37.5 million tons of grains harvested

As of September 4, Ukraine harvested 37.537 million tons of grains (including corn) throughout the areas of 9.794 million ha (67% of the plan). The average yield totaled 3.83 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, agrarians harvested buckwheat throughout 59 thousand ha (32%), and produced 67 thousand tons…

Latvia: Border Guard to procure new helicopters

Latvian State Border Guard currently evaluates offers for procurement of new helicopters. The country’s National Armed Forces, one the other hand, has no plans to procure new helicopters in the near future. Until then, old helicopters will be kept repaired and in battle-ready condition, according to available information. It should be noted that Latvia currently…

Ukraine: cost of introducing e-ticket in land transport in Kyiv stands at UAH 460 million

Municipal enterprise Kyivpastrans has announced a tender for the purchase of electronic equipment, namely technical means of automated payment systems (APS) with software and its installation. According to the announcement on the ProZorro electronic trading platform, the deadline for submitting documents for the tender is September 18, the auction will be held at 11:30 on…

Estonia: bad weather disrupts ferry services

Linda Line, which operates the high-speed catamaran Karolin between Tallinn and Helsinki, has canceled all September 4 departures from both capital cities due to bad weather conditions on the Gulf of Finland. Linda Line, which operates under the Linda Line Express brand, has a policy of canceling departures due to conditions involving wind speeds in…

Ukraine: economy ministry names major donors

Ukraine in the first half of 2017 implemented 415 international technical assistance projects worth a total of $5.32 billion, the press service of the Ministry of Economic Development and Trade reported. The major donors of technical assistance remained the U.S. with 104 projects worth $1.5 billion, the European Bank for Reconstruction and Development with 39…