Ukraine: 37.7 MMT of grain harvested

As of August 15, early grains and pulses were harvested from 9590 thousand ha (99% of the intended area) compared with 10105 thousand ha on August 14, 2015. Farmers obtained 37.756 MMT with average yields at 3.94 MT/ha (36.501 MMT with average productivity at 3.61 MT/ha). Wheat was harvested from 6160 thousand ha – 99%…

Ukraine opens new market for sunflower oil

On August 5, authorized representatives of Ukraine and Indonesia signed a memorandum on cooperation between the agricultural ministries of the two countries. At this stage, a free trade zone is being discussed. Mutual interest in cooperation is expected to trigger increase in export-import flows of crop products. In this segment Asian countries are traditionally considered…

Ukraine: Zorya-Mashproekt activities in H1 2016

In the first half of this year Zorya-Mashproekt released and sold turbines from the entire product range: marine propulsion installations, gas pumping units, and gas turbine generators. The installations for marine application have become the key segment of Zorya-Mashproekt’s production. Navy turbine share is over 80% of the total sales volume. As before, the largest…

Ukraine: NBU registers iBox Money Transfer

On August 4, the National Bank of Ukraine registered the iBox Money Transfer international remittance system, the payment organization of which is PJSC iBox Bank (formerly Agrocombank, Kyiv). Participants in the payment system are OJSC Zaminbank (Azerbaijan) and PJSC Artem-Bank (Kyiv). According to the NBU, taking into account iBox Money Transfer, currently eight payment systems,…

Ukraine: NBU registers Sigue Money Transfer

On August 15, the National Bank of Ukraine (NBU) registered the Sigue Money Transfer international system, the payment organization of which is Cel.Int Ltd (UK). Participants in the payment system are PrivatBank, Oschadbank, and Unex Bank. According to the NBU, taking into account Sigue Money Transfer, currently ten payment systems are registered, the payment institutions…

Belarus: potash exports to Ukraine up in H1 2016

Belarusian Potash Company (BPC) shipped 21,014 tons of potash fertilizers to Ukraine in January-June, up 2.2 times YoY. Potash export proceeds from Ukraine-bound shipments grew 2.1 times YoY to $9.2 million. Established in September 2013, Belarus Potash Company (BPC) has regional dealerships in Delhi, Beijing, Singapore and Sao Paulo. BPC facilitates potash exports to Europe,…

Uzbekistan: Ravon presented in Ukraine

GM Uzbekistan, an Uzbek-US joint venture, presented its automobile brand Ravon in Ukraine, the press service of the company said. GM Uzbekistan started to sell its automobiles under Ravon brand in external markets in 2016. The company also works on expanding dealers’ network in the CIS states. During the presentation, the company presented automobiles Matiz,…

Ukraine: Shepetovka Repair Plant output up in 2016

UkrOboronProm SE “Shepetovka Repair Plant” increased production volume almost 4 times – compared to 2013 – due to the program “Ukrainian shield”, initiated by “UkrOboronProm” in 2015. “For the first half of 2016 the enterprise manufactured products and services for Ukrainian military valued at nearly 92 million UAH, exceeding last year’s index of 79 million…

Ukraine: corn conditions in August 2016

Lowering of air temperatures to optimal values and improved soil moisture stocks were beneficial for vegetation of all late spring crops. Better yields can be expected in later sown plants of corn due to cease of leaves withering and yellowing during the daytime. August rains were beneficial for moisture accumulation before the upcoming winter crop…

Ukraine: seaports grain exports down in August 2016

On August 8-14, Ukraine exported 660.1 thousand tons of grains from the seaports against 759.8 thousand tons in the previous week.

In particular, wheat shipments reached 413.1 thousand tons, corn – 14.9 thousand tons, and barley – 232.1 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: grain production reaches 31.5 million tons in August 2016

As of August 1, the production of grains and pulses totaled 31.525 million tons in bunker weight, up by 7.4% YoY, the State Statistics Service of Ukraine declared.

In particular, Odessa, Kharkiv and Vinnytsia regions harvested the largest volumes of grains. (APK-Inform/Business World Magazine)

Ukraine: EU the leader of sunflower oil imports

The EU countries reached the first position in the imports of Ukrainian sunflower oil, and even outranked India, due to rather significant import volumes in June. Since the beginning of 2015/2016 MY European countries purchased 1.23 million tons of sunflower oil, while India – 1.19 million tons. Also, in the current season the European Union…