Belarus’ sugar export proceeds reduced by 14.2% YoY in January-July to $117.422 million, Belarus’ National Statistical Committee (Belstat) said in a report. Belarus exported 222,200 tons of sugar in January-July 2016, down by 5.2% YoY. Russia was a major destination for Belarus’ sugar exports – 184,500 tons (unchanged year on year) worth $98.711 million (down…
Azerbaijani company AZDynamics will introduce the first hybrid engine unmanned aerial vehicle (UAV) with increased duration of autonomous flight. The hybrid drone will sport an internal combustion engine along with rechargeable batteries and an electric motor, making it possible to increase the duration of autonomous flight from 25 minutes to two hours. The drone will…
Constant increasing of the global production and stocks of grains is one of the major factors forming the situation on the raw materials market of grains in Ukraine in 2016/2017 MY, the grain market analyst at APK-Inform Agency Andrei Kupchenko declared. According to USDA estimations, in the current season the global grain production will reach…
ARVIBelAgro LTD joint venture (Lida, Grodno region) plans to launch a turkey meat facility in November, a company official reported. By November the company plans to have commissioned 15 poultry houses and launched a slaughterhouse. German-made and Polish-made equipment is now being installed at the slaughterhouse, the official informed. At the moment, the investment value…
The Ministry of Agrarian Policy and Food of Ukraine supports cancellation of price controls for food products, including grain by-products, the Director of the food products department at the Ministry of Agrarian Policy and Food Mykola Moroz declared. According to him, the Ministry provides the reporting cancellation of price regulation as an experiment. If in…
As of September 1, agricultural enterprises (excluding small-scale ones) and grain storage and processing enterprises of Ukraine, stocked 24.439 million tons of grains and sunflower seed, down by 2.7 million tons compared with the same date in 2015, the State Statistics Service of Ukraine declared. In particular, the carry-over stocks of wheat reached 17.703 million…
Ukraine’s real gross domestic product (GDP) in the second quarter of 2016 increased by 1.4% YoY. This information has been posted on the website of the National Bank of Ukraine (NBU) with a reference to the State Statistics Service. “The Ukrainian economic growth has been accelerated. In the second quarter of 2016, the real GDP…