Ukraine: Gazprom raises gas transit request

Russian gas giant Gazprom has increased its transit request through Ukraine to 277 million cubic meters daily, Maxim Belyavsky, spokesman for gas pipeline system operator Ukrtransgaz, said in a Facebook post. “A daily order for transit of 277 million cubic meters has arrived from Gazprom today. As far as I remember, this is the highest…

Belarus: Keramin net profit down H1 2016

Belarus’ OAO Keramin (based in Minsk, sanitary stoneware manufacturer) earned a net profit of Br3.754 million ($1.95 million) in H1 2016, down by 46.4% YoY, according to the Q2 report of the Finance Ministry’s Department for bonds and securities. Keramin’s sales proceeds totaled 69.895 billion rubles ($36.307 million), down by 1% YoY. The statutory capital…

Belarus: EBRD implements 245 SME consultancy projects

The European Bank for Reconstruction and Development (EBRD) says it has implemented 245 projects in Belarus providing consultancy services for small and medium-sized businesses. More than 200 local and 1,000 international experts were engaged in SME consultancy projects in Belarus, the EBRD said in a press-release. In the framework of its SME consultancy program in…

Bulgaria: corn less attractive to farmers

For the second consecutive season Bulgaria looses ground in corn market. While Ukraine, Russia and Romania increase corn production, Bulgarian farmers might have decided not to enter this competition. Firstly, after last season’s bad experience Bulgarian grain producers reduced corn planted area for the 2016 crop by 9.5% to the level of previous years, partially…

Belarus: BPC opens affiliate in Ukraine

The Belarusian Potash Company (BPC) says it has opened an affiliated company in Ukraine. BPC’s Agrorozkvit (literally stands for AgroRenaissance) started operating in Ukraine in October. BPC refers to Ukraine as a country with developed agriculture and hopes to ensure maximum coverage of the country’s potash market with the help of Agrorozkvit led by Dmitry…

Belarus: Belneftekhim exports to Tatarstan up in January-August 2016

Enterprises run by the Belarusian state petrochemical concern Belneftekhim increased their export to Tatarstan by nearly 50% in January-August. Belneftekhim representatives met with the top executives of the Russian company Nizhnekamskneftekhim on October 17. The Russian company is one of the largest partners of the Belarusian petrochemical industry in Tatarstan. Upon the relevant instructions of…