Russia: inventors create mini-helicopter

Russian inventors from Aeromechanics Company unveil Micron gyrocopter. They’ve created what’s believed to be one of the smallest and lightest helicopters in the world. The invention weighs only 115 kilograms and can reach speeds of up to 120 kilometers per hour. The chopper can easily take off from any landing site with a 10-meter diameter.…

Russia: seaports grain handling up in H1 2016

According to the Association of Russian Seaports, in January-June grain handling in ports of the country increased by 29.4% YoY, to 12.1 MMT. In the first half of 2016 cargo turnover in Russian seaports grew by 6%, to 344.6 MMT. Such considerable increase in grain handling in Russian seaports became possible due to record export…

Ukraine: grain stocks down

As of July 1, agricultural enterprises (excluding small-scale ones), and grain storage and processing enterprises of Ukraine stocked 7.032 million tons of grains (including 3.013 million tons of wheat, 2.178 million tons of corn, 1.512 million tons of barley, 46.5 thousand tons of rye), down by 839 thousand tons YoY, the State Statistics Service of…

Ukraine: Food and Grain Corporation to buy 3.5 million tons of grain

PJSC State Food and Grain Corporation of Ukraine plans to buy 3.5 million tons of grain of the new harvest, according to the corporation’s press service.

Also, the press service reported that the corporation purchased 3.15 million tons of grain worth over 11 billion UAH in the 2015/2016 marketing year. (Ukrinform/Business World Magazine)

Ukraine to boost railways freight traffic with Poland

Ukrainian Railways (Ukrzaliznytsia) has signed the memorandum with the Center for Steel Industry Supply (Poland) to boost freight traffic across the borders of two countries. This is reported by the Ukrzaliznytsia press service. “According to the memorandum, the parties expressed their intention to cooperate to boost freight traffic across the state border between the two…

Ukraine: UIA enhances fleet

On July 20, Ukraine International Airlines received the brand new Boeing 737-800 NG aircraft manufactured at Boeing facilities in Seattle, the US. The new Boeing 737-800 NG aircraft can accommodate 186 passengers in two class seating configuration. The aircraft passed an official registration procedure in Ukraine and received the UR-PSR registration number. Therefore, Ukraine International…

Ukraine: Ukrtransgaz signs interconnection agreement with Transgaz S.A.

In order to facilitate cross-border gas flows and provide free and non-discriminatory access to the gas transmission infrastructure, the National Gas Transmission Company Transgaz, Romania, and Natural Gas Transmission System Operator of Ukraine Ukrtransgaz have signed the interconnection agreement for the interconnection point “Isaccea” located at the Ukrainian-Romanian border near Orlovka (on the territory of…

Ukraine: markets for grain in season 2016/2017

In 2016 Ukrainian farmers may gather one of the richest grain harvests. Amid low world prices and strong competition, the issue of new markets searching becomes highly important. Considerable increase in wheat imports is expected from several countries: Egypt, Korea, Turkey, Saudi Arabia and Morocco. Growing demand of Korea for wheat imports provides Ukrainian grain…

Ukraine: India enjoying rapeseed oil

Analysis of rapeseed and its processed products exports shows typical reduction of rapeseed supply to foreign markets in favor of its processed products export shipments – rapeseed meal and rapeseed oil. This is evidenced by rapeseed crushing increase in the country. For instance, in the 2015/2016 marketing year the share of crushed rapeseed in total…

Ukraine to produce 60.5 million tons of grains

In 2016/2017 MY the general grain production in Ukraine (excluding the Crimea) will total 60.55 million tons, the balance sheets of NGO “Economic discussion club”, supported by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, informed. The export potential of Ukrainian grains in the new season is forecast at 38.177 million…

Ukraine: GE signs memos of cooperation with Antonov State Enterprise and Ukrzaliznytsia

The U.S. General Electric Corporation on July 21, signed letters of cooperation with Ukraine’s Antonov State Enterprise and public joint-stock company Ukrzaliznytsia. “We sign two strategic and political documents on cooperation with GE at the Infrastructure Ministry. This decision is not accident: we were mulling the positions of all players on the global market for…

Ukraine: sunflower oil exports to EU up

In the current season, the EU countries still keep the first position in the rating of importers of Ukrainian sunflower oil, overtaking countries of South Asia and the Middle East. In September-June period of 2015/2016 MY Ukraine supplied 1.23 million tons of the product to the EU, up almost 3 times compared with the same…

Ukraine: Energoatom denies Khmelnytsky NPP accident

MP Andriy Artemenko (Radical Party) said that on July 16, a serious accident with leakage of nuclear fuel was recorded at Khmelnytsky nuclear power plant (NPP), while the press service of the National Nuclear Generating Company Energoatom denied the information. “I learnt from reliable sources that the government was hiding the seriousness of the accident…

Ukraine: 10 Dozor-B vehicles transferred to the military

The batch of 10 armored vehicles “Dozor-B” was manufactured and successfully accepted by military representative offices of Kharkiv and Lviv. The event took place at UkrobOronProm SE “Kharkiv Morozov Machine-Building Design Bureau”, according to UkrobOronProm director general Roman Romanov. “We have included all customer requirements – the vehicles have successfully accomplished acceptance tests and are…