Ukraine: sale of Turboatom, Electrotyazhmash, State Food and Grain Corporation in 2017 approved

The government’s committee for economic, financial and legal policy has approved of a list of enterprises to be privatized in 2016-2017, among them are Turboatom, Electrotyazhmash, the United Mining and Chemical Company, the State Food and Grain Corporation, and a state stake in Zaporozhye Titanium and Magnesium Combine LLC. A respective draft resolution was approved…

Belarus: Gomselmash deliveries to Ukraine up in 2016

Since the start of the year the Belarusian mechanical engineering company Gomselmash has delivered 150 grain and forage harvesters to Ukraine, up by 50 vehicles YoY, the First Deputy Director of the company’s regional sales department Igor Korotkevich reported. The exports mainly consisted of grain harvesters, including KZS-1218, KZS-812 that have already made a good…

Belarus to take part in EU4Energy program

Belarus will take part in the EU’s new program of technical support for the countries of the Eastern Partnership EU4Energy, the press service of the Energy Ministry reported. “Last week the Energy Ministry played host to a meeting between Director of the Energy Community Secretariat Janez Kopac and expert on renewable energy and energy efficiency,…

Ukraine: spirits output down

Industrial processing of grain in Ukraine has demonstrated a downward trend over the last three years. Production of basic processed products has declined on average by 20% compared with 2013. For instance, beer production has fallen by 29%, vodka – by 43%, malt – by 19%. Only compound fodder production, which has decreased by only…

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…