Ukraine: rapeseed exports to shrink

Ukraine exported 137.1 KMT of rapeseed in October against 322.7 KMT in September and 167 KMT in October 2015. In total 693.6 KMT of rapeseed was supplied to foreign markets in July-October 2016/2017, i. e. down by 502.1 KMT (42%) YoY (1195.7 KMT). Roughly 80% of 2016/2017 export rapeseed availabilities (880 KMT) were shipped abroad…

Estonia: e-residents establish over 1,000 companies

During the first two years of its e-residency project, which provides foreigners with the opportunity to register companies in Estonia and use other e-state services, Estonia already has 15,000 e-residents who have established more than 1,000 businesses. The President of Estonia stressed the importance of the program in introducing Estonia to the world. According to…

Ukraine: effect of additional trade preferences for product exports to the EU to reach $100-150 million

The effect for Ukraine from additional trade preferences, the draft regulation of was presented in September, in terms of product exports to the European Union will reach nearly $100-150 million, the Deputy Minister of Economic Development and Trade of Ukraine – Trade Representative of Ukraine Nataliya Mykolska declared. According to her, it is not the…

Turkmenistan sees Germany among its leading partners

Turkmenistan sees Germany as one of its leading partners, Turkmen President Gurbanguly Berdimuhamedov said in his message to participants of the Turkmen-German business forum. “German companies are among those first, which entered the promising Turkmen market and had been effectively working in various areas for many years that proved the existence of favorable investment climate…

Ukraine: Poroshenko signs law on lifting administrative barriers to export of services

Ukrainian President Petro Poroshenko has signed the law on amendments to certain legislative acts of Ukraine on elimination of administrative barriers to exports of services, adopted by the Verkhovna Rada on November 3. According to the official website of the president, the document will minimize administrative barriers when signing international contracts, as well as accounting…

Moldova: investments down in January-September 2016

In January-September investments in long-term tangible assets in Moldova decreased by 17.6% to MDL 9 billion 830.2 million. According to the National Bureau of Statistics, the investments in equipment and machinery were MDL 3 billion 684.1 million, down by 26.3% YoY. The investments in buildings and constructions were MDL 1 billion 627.5 million (-22.9%), the…

Turkey: Honeywell to provide TANAP with integrated safety system

The Trans-Anatolian Natural Gas Pipeline (TANAP) will be provided with an integrated control and safety system by Honeywell Process Solutions (HPS), reads a message on the company’s website. Honeywell Process Solutions is part of Honeywell’s Automation and Control Solutions group, a global leader in providing product and service solutions that improve efficiency and profitability, support…

Ukraine: first imports of liquefied gas from Azerbaijan

Ukraine has imported 740 tons of propane-butane mixture (LPG) from Azerbaijan in the beginning of the third decade of November, according to UPECO consulting company. Ukraine hasn’t previously received liquefied gas from Azerbaijan. “The importers are Ukrainian Nadezhda company and SOCAR Energy Ukraine (subsidiary of Azerbaijan’s state oil company SOCAR), which contracted for 530 tons…