Ukraine: new record in grain exports set

According to the Ukrainian AgMin, new record was set in grain exports, which exceeded the previous volume by 5 MMT. Preliminary estimates of 2015/2016 total exports are 39.415 MMT. This includes 17.354 MMT of wheat, 17.396 MMT of corn, 4.409 MMT of barley and 256 KMT of other grain crops. In 2014/2015 34.805 MMT of…

Ukraine: grain crops condition

Weather conditions were favorable for winter and spring grain crop development in May-July. During the first week of July soil moisture reserves were satisfactory except for Western regions. Last week was rather hot with minor precipitations. Currently, a dry weather phenomenon is observed in some Southern, Eastern and Western regions. Early spring crops are at…

Russia: Belarus NPP receives high pressure heater

The Taganrog Boiler-Making Works “Krasny Kotelshchik”, a member of the company Power Machines, has manufactured and shipped the chamber-type high pressure heater (chamber-type HPH) for the Belarusian NPP under construction. Large-size equipment weighing 138 tons will be installed on the first power unit of the plant. Seven similar heaters for this NPP are currently under…

Russia: RusHydro renovates Volga HPP equipment

Renovation program included the replacement of the hydro turbine, generator, excitation system, hydroelectric unit management and automation system, as well as auxiliaries. The equipment has been renovated in line with RusHydro’s Comprehensive Renovation Program (CRP). The new turbine features an improved design and is highly environmentally friendly. The renovated impeller has 5 blades instead of…

Ukraine: FUIB starts paying Mykhailivskyi clients

Starting with July 15, PJSC “FUIB” begins to disburse the guaranteed amounts of deposits to the customers of PJSC “Bank “Mykhailivskyi”, that is, to individuals whose funds are subject to compensation by the Private Deposit Guarantee Fund. PJSC “FUIB” disburses funds to depositors who, when concluding bank deposit/account agreement with PJSC “Bank “Mykhailivskyi”, had their…

Russia: Gazprom, RZD, Transmashholding and Sinara sign agreement on cooperation

Gazprom, Russian Railways, Transmashholding, Russia’s largest manufacturer of rail rolling stock and medium-speed diesel engines, and Sinara Group have entered into an agreement covering the utilization of natural gas as engine fuel. The agreement was signed by Andrei Bokarev, President of Transmashholding, Oleg Belozyorov, President of RZD, Alexey Miller, Chairman of Gazprom’s Management Committee, and…

Russia: ZMZ profits in H1 2016

Following the results from the first half year 2016 Zavolzhsky Motorny Zavod has got profit in amount of 17,9 million rubles (without VAT) from infrastructure service for residents of industrial park. Particularly the payable infrastructure services for residents of industrial park, i. e. for companies Leoni, Daido Metal Rus, Trelleborg, MobilGasService, Ferrum, NPO Technograd, Project…

Ukraine: first AN-132 to hit the skies in autumn

SE “Antonov” plans to manufacture the first demonstrator An-132 in record time: this fall the aircraft may hit the skies. This was stated by the UkrOboronProm Director General Roman Romanov at the meeting with foreign media at the international aerospace salon “Farnborough Air Show-2016” in the suburbs of London. “AN-132D is the first global project…

Russia: Egypt purchases wheat

On July 15, Egypt purchased 300 KMT of milling wheat from Romania and Russia for shipment during August 21-30, at the average price of $175.16/MT C&F. The price in the previous tender equaled $173.03/MT C&F. In the previous tender, on July 12, Egypt bought 180 KMT of Ukrainian and Russian wheat to be shipped during…

Azerbaijan and Afghanistan mull creation of joint enterprises

Azerbaijan and Afghanistan discussed the creation of joint enterprises to produce food products, said Azerbaijan’s Economy Ministry. The discussions were held within the meeting of Azerbaijan’s Economy Minister Shahin Mustafayev with Afghanistan’s Ambassador to Azerbaijan Mohammad Taqi Khalili. The economic cooperation between the two countries and other issues of mutual interest were also discussed during…

Russia: AGCO-RM and the Ministry of Agriculture sign agreement for provision of subsidies for tillage equipment

AGCO-RM (a joint venture of AGCO, the international manufacturer of agricultural equipment, and the Russian corporation “Russian Machines”, part of the Basic Element Industrial Group) and the Ministry of Agriculture of the Russian Federation have signed an agreement for provision of subsidies for tillage and seeding equipment under Challenger brand. The subsidies will cover up…

Ukraine: 1.4 million tons of grains harvested

As of July 1, Ukrainian agrarians produced 1.4 million tons of grains and pulses (in bunker weight), an increase of 63.6% compared with the last year index on the same date, declared the State Statistics Service of Ukraine on July 15. In particular, agrarians harvested the largest grain volumes in Mykolaiv, Odessa and Kherson regions.…