Port of Riga said October was the most successful month of the year in regards of cargo turnover, as well as the most successful October in the port’s history. The monthly cargo turnover at the port reached 3.54 million tons, up by 18% MoM and by 7% YoY. The largest contribution to the growth of…Details
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Ukraine’s grain output will increase to 64 million metric tons in the 2016-2017 season, the largest grain harvest since the country gained independence in 1991, Agriculture Minister Taras Kutoviy said. Ukraine produced 60.3 million metric tons of grain in the 2015-2016 marketing season, according to the ministry. The latest forecast is a revision of the…Details
In January-October transportation of passengers by water transport in Ukraine totaled 400,000 passengers (-22.4%, YoY). According to the State Statistics Committee of Ukraine, total passenger turnover in Ukraine fell by 6.6% to 4.02 million passengers. In 2015, water transport of Ukraine carried 0.6 million passengers (-3.3%, YoY). (Portnews/Business World Magazine)Details
The National Bank of Ukraine (NBU) has made an exception of the general rules of controlling the rates of foreign credits of loans if resident borrowers (both companies and financial institutions) raise funds from nonresident creditors with the participation of export-credit agencies. “This step would expand opportunities for residents’ access to foreign credit resources provided…Details
According to the Agency of Statistics of the Republic of Kazakhstan, in October the production volumes of flour from grains and other plant crops reached the record figures – 388.4 thousand tons. In particular, Kazakhstan increased the production due to growing of the production volumes of wheat flour: in October the figure totaled 359.1 thousand…Details
Since the beginning of 2016/2017 MY, Ukraine exported 16.8 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the State Fiscal Service of Ukraine. In particular, wheat exports totaled 9.5 million tons, corn – 3.2 million tons, and barley – nearly 4 million tons. Also, wheat flour exports…Details
A wind farm worth around 3 million euro will be built in Grodno region near Zelva in the framework of an investment agreement signed between Grodno region administration and Zilant Ltd. A 5 mW wind farm will be built on a land plot of 1.7 ha. Belarus has chosen 22 suitable locations, where up to…Details