Ukraine: Allseeds starts new season with a record

On August 21, Allseeds’ oil extraction plant in Yuzhny port started processing 2017-crop oilseeds. According to the company press-service, a few days later the plant’s capacity set a new record of 2.2 KMT a day. “This result was achieved owing to technological re-equipment of the production process and removing bottlenecks at the time of off-season…

Estonia: July 2017 imports and exports up

According to information released by Statistics Estonia on September 11, July exports of goods increased by 6 and imports by 9% YoY. Increased imports of base metals and articles of base metal and transport equipment contributed to the growth in imports. Exports from Estonia in July amounted to EUR 900 million and imports to EUR…

Estonia: Linda Line cancels departures

Linda Line, which operates the high-speed catamaran Karolin connecting Tallinn and Helsinki, has canceled its September 11 evening and September 12 departures. According to a notice posted on the ferry operator’s homepage, September 11’s 5 p.m. departure from Tallinn and 7 p.m. departure from Helsinki as well as all September 12 departures are canceled due…

Ukraine: exports to Iran up in January-May 2017

In January-May the volume of Ukrainian exports to the Islamic Republic of Iran increased by 78% YoY, President of the Chamber of Commerce and Industry of Ukraine, Gennadiy Chyzhykov stated, during the Ukrainian-Iranian business forum. “In 2016, comparing with 2015, exports from Ukraine to Iran increased by 32%, while imports from Iran – by 30%.…

Turkmenistan preparing for heating season

Fuel and energy complex of Turkmenistan has completed preparations to ensure the smooth provision of natural gas to consumers in the autumn-winter season, Turkmen Deputy Prime Minister for Energy Maksat Babayev said at a government meeting. In total, 930,210 households as well as 5,424 industrial and social enterprises are supplied with natural gas on a…

Estonia: e-export needs development

According to the Estonian Chamber of Commerce and Industry, Estonian business operators use various e-solutions and social media for showcasing their products and services, however they do not take advantage of all e-trade and -marketing opportunities in export. “Like elsewhere in the world, there are more and more companies in Estonia that are involved in…

Belarus: Minsk trades with 188 countries in 2016

Minsk conducted export and import operations with 188 countries in 2016, the National Statistics Committee reported. Last year the Belarusian capital exported $8.1 billion worth of products, or 34.6% of the country’s aggregate exports. Minsk companies exported tractors and tractive units, trucks, chemical products, refrigerators and freezers, timber, component parts for trucks and tractors, buses,…

Kazakhstan: another lamb batch shipped to Iran

Another batch of mutton has been shipped to Iran, the press service of the Kazakh Ministry of Agriculture reported. The work, done by Kazakhstan’s agricultural ministry together with the Iranian side, resulted in the harmonization of the veterinary requirements for supplying live sheep and chilled mutton from Kazakhstan to Iran. In addition, the requirements for…

Ukraine: GDP growth to reach 4% by 2020

Ukraine’s GDP growth this year is projected at 1.8%, while by 2020 this figure could reach 4%, President Petro Poroshenko stated in the Verkhovna Rada in his annual address on the internal and external situation of the country. “According to the results of this year, GDP growth is projected at 1.8%. We expect economic growth…

Turkmenistan acting in line with ICAO standards

Turkmenistan’s President Gurbanguly Berdimuhamedov has met with the President of Council of the International Civil Aviation Organization (ICAO) Olumuyiwa Benard Aliu. During the meeting, the sides exchanged views on the prospects of cooperation as part of Turkmenistan’s national civil aviation development program for 2012-2030, being implemented in the country. Under this program, new air harbors…

Estonia: August 2017 consumer price index up

According to information released by Statistics Estonia on September 7, the consumer price index in August increased by 0.4% compared to July and by 3.9% compared to August 2016. Compared to August of last year, goods were 3.8% and services 4.1% more expensive. Regulated prices of goods and services also rose by 7.2% and non-regulated…