Continuing trucks market decline in Ukraine that has almost brought domestic production to a halt affects negatively “AutoKrAZ”. The only Ukrainian manufacturer of heavy-duty trucks, Kremenchug Automobile Plant, finds it difficult to withstand crisis but progress made shows that the situation stabilizes gradually and production rate tends to increase. Within the second quarter of this…
Kazakhstan has imported about 6 thousand tons of Polish apples in December 2014, an increase of 50% compared with the same month of the previous year and record high result for at least 5 past seasons. It should be noted that Poland has been raising apple exports to Kazakhstan since the very beginning of the…
Kazakhstan’s largest oil producer Tengizchevroil (TCO) plans to produce first oil at Tengiz oilfield in 2022. Investments into the project expansion will amount to $36.8 billion, TCO said. The decision was made to finance the next phase of expanding production facilities of the Tengiz oilfield, the company reported. It will comprise the future expansion project…
One of the largest corporations in Japan, Mitsubishi Corporation, and NIKO Group have created a joint venture MMC Ukraine LLC (Kyiv) with 60% and 40% shares respectively. The company is a new Mitsubishi car distributor in Ukraine. MMC Ukraine has been a representative of Mitsubishi Motors Corporation in Ukraine and Moldova since May 10, 2016.…
In 2016, the general grain harvest in Russia will reach 110 million tons, which will become the record index for the country, announced the deputy director of the strategic management department at Rusagrotrans Igor Pavensky. According to the expert, Rusagrotrans raised its estimations of the index from 108.1 million tons to 110 million tons. If…
In 2015/2016 MY, Ukraine broke a new record of grain exports, which totaled 39.415 million tons, an increase of 4.61 million tons compared with the previous season, or up by 13%, declared the Ministry of Agrarian Policy and Food of Ukraine. In particular, last season Ukraine exported 17.354 million tons of wheat, 17.396 million tons…
The share of Ukrainian soybeans in the general import structure of the oilseed to Turkey continues steadily increasing, declared the Foreign trade coordinator at Altinates Kimya A.S. During the first 4 months of 2016, Turkey imported 638 thousand tons of soybeans, including 172 thousand tons of soybeans from Ukraine (27%), said the expert. Also, Ertekin…