Belarus not importing eggs from Europe

Belarus does not import eggs from Europe, the Belarusian Agriculture and Food Ministry reported. “Belarus does not import eggs. The country is self-sufficient in this product. Moreover, we export approximately 60% of eggs we produce,” the ministry noted and added that Belarus did not export eggs to Europe. Therefore there are no Belarusian-produced eggs among…

Belarus: 1.5 million tons of grain harvested

Belarusian agrarians have already cropped over 1.5 million tons of grain, the Agriculture and Food Ministry reported. As of August 4, Belarus’ grain harvest exceeded 1.5 million tons. Brest region harvested 541,000 tons, Gomel region – 404,200 tons. Minsk region and Mogilev region cropped 263,500 and 100,800 tons each. The harvest of Grodno region reached…

Latvia: retail trade growing in June 2017

Latvia’s retail trade volume this June, as compared with the same month of 2016, grew by 3.2%, which is slightly more than the average in the European Union, according to data from Eurostat. The most rapid retail trade growth in June was registered in Slovenia (+10.2%), followed by Croatia (+8.2%) and Slovakia (+8.1%). Estonia’s retail…

Belarus: Belneftekhim exports up in H1 2017

The Belarusian state petrochemical concern Belneftekhim increased the export of goods by 8.2% in H1 2017, the concern reported following the meeting of its council to review the performance of the national petrochemical sector. According to Belneftekhim Chairman Igor Lyashenko, the concern met all the targets for foreign trade in goods and services in H1.…

Ukraine: gas production up in January-July 2017

Natural gas production in Ukraine rose by 3.2% YoY in January-July, to 12.044 billion cubic meters, Ukrtransgaz has said. Ukrgazvydobuvannia increased gas production by 3%, to 8.777 billion cubic meters, Ukrnafta reduced production by 9.2%, to 0.694 billion cubic meters and other companies increased production by 7.9%, to 2.573 billion cubic meters. In July alone,…

Ukraine: rapeseed margins to exceed those of sunseed

In the opinion of specialists of the Center for Strategic Agricultural Studies, the Sumy National Agricultural University, profitability of winter rapeseed growing in Ukraine may reach 83%, while that of sunseed cultivation is expected at 79%, the Center’s director Oleksandr Maslak stated. “According to calculations for winter rapeseed growing, total farmer costs will reach UAH…

Latvia: Latvia’s bread market stabilizes

Latvia’s bread market has stabilized: demand for bread with high added value continues growing, some growth is also noted for traditional bread segments, according to analysts’ data. In Estonia and Lithuania, like Latvia, there was an increase in demand for high-quality bread. According to data from Nielsen, generally there is a slight decline (1%) on…

Turkmenistan: Ashgabat and Bishkek mull prospects of trade and economic co-operation

Presidents of Turkmenistan and Kyrgyzstan, Gurbanguly Berdimuhamedov and Almazbek Atambayev during a phone conversation confirmed the existence of great potential for boosting relations in a wide range of areas, including in the trade and economic sphere. The Turkmen government said in a message that the parties noted the expediency of working together to expand the…

Ukraine: TAScombank net profit up in H1 2017

TAScombank (Kyiv) saw UAH 22.337 million of net profit in January-June, up 30.7-fold YoY (UAH 727,000). According to a bank report, its net interest income in H1 quadrupled, to UAH 617.9 million. Not taking into account expenses to form reserves net interest income totaled UAH 392.055 million (6.2-fold rise). The bank saw a 2.5-fold rise…