Ukraine not to face high prices for rapeseed

In 2016 rapeseed harvest in Ukraine will reach 1.2 million tons, sunflower seed – nearly 12 million tons. Also, the European Union countries expect for good harvest of oilseeds. Since the reporting vegetable oils are interchangeable, Ukraine will not face any high prices for rapeseed by-products, the Supervisory Board member at PJSC Nizhyn Fat Processing…

Ukraine: exports of food to EU up

Since the beginning of 2016, the exports of food products of Ukrainian origin to the European Union countries rose by 68%, while the general exports to the EU increased by 7%, the First Vice-Prime-Minister, Minister of Economic Development and Trade of Ukraine Stepan Kubiv declared. According to him, Ukrainian producers actively use trade preferences within…

Ukraine: grain export potential to reach 34.7 million tons

APK-Inform analysts increased the forecast of the export potential of Ukrainian grains in the current season within the July forecast adjustments to supply and demand balances of grains and pulses to 34.7 million tons, down by 9.3% compared with the record level in 2015/2016 MY (38.2 million tons). (APK-Inform/Business World Magazine)

Ukraine: Cabinet to decide on including Yuzgas in PSA to develop Yuzivska field

The Cabinet of Ministers has to make the final decision on including Yuzgas B.V. (the Netherlands), which has won the corresponding tender, as an investor in the production sharing agreement (PSA) for hydrocarbons extraction on Yuzivska deposit (Donetsk and Kharkiv region), Nadra Ukrainy board chairman Yaroslav Klymovych has said. “Procedurally, investors appeal to the government…

Ukraine: Kharkiv receives government guarantees for credits

Four Kharkiv-based enterprises, part of the Ukroboronprom State Concern, have received government guarantees for taking credits to implement defense order, Secretary of the Verkhovna Rada national security and defense committee MP Ivan Vinnyk has said. “The Groysman’s government issued guarantees, using which 10 Ukroboronprom’s enterprises will be able to receive credits. Kharkiv, as the region,…

Kazakhstan: Kazatomprom interested in developing NFC cooperation with Ukraine

Kazakhstan’s National Atomic Company Kazatomprom is interested in developing cooperation with Ukraine in various areas of the nuclear fuel cycle (NFC), including production of nuclear fuel in Kazakhstan for Ukrainian nuclear power plants (NPP), Kazatomprom has said. The Kazakh Ministry of Energy and Kazatomprom plan to meet with the Ukrainian Ministry of Energy and Coal…

Kazakhstan: Aktau port to increase capacities

Kazakhstan has almost completed realization of the project to expand the sea port of Aktau in the northern direction, which will increase the carrying capacity from 16.5 million tons to 19.5 million tons, the press-service of the port declared. The project consists of three stages: construction of protective hydraulic engineering structures, dredging and construction of…

Moldova: over 1.2 million tons of wheat harvested

General production of wheat in Moldova reached 1.283 million tons, which exceeded the expected rate by almost 300 thousand tons, the Ministry of Agriculture and Food Industry declared. According to the announcement, the harvested areas under wheat in the country totaled 371 thousand ha with the average yield of 3.1 t/ha. In particular, milling wheat…

Belarus: Belshina seeking equipment supplier

Belshina (Bobruisk, Mogilev Region) has announced a tender to choose an equipment supplier for its high-bay warehouse. The company plans to spend Br2.3 million ($1.163 million). The closing date for applications is September 15. Belshina wants to have the equipment supplied in the period from April 1 to June 30, 2017. The state-owned tyre manufacturer…

Belarus: BUCE accredits first non-resident broker

Nordic Industries (Lithuania) received trader and broker certificates of Belarusian Universal commodity Exchange (BUCE) on August 9, BUCE spokesman Roman Yaniv said. “Besides participation in exchange auctions Nordic Industries is expected to bring new Lithuanian companies to BUCE’s trading platforms and will promote commodity exchange services on the Lithuanian market. BUCE and Nordic Industries are…

Belarus: India to partake in potash production

India is ready to take part in the production of potash fertilizers in Belarus and their long-term purchase, Ambassador Extraordinary and Plenipotentiary of India to Belarus Pankaj Saxena said. The diplomat stressed that the potash sector was important for the Belarusian-Indian cooperation. “Belarus is a big producer of potash fertilizers. India should ensure food security…