Ukraine’s losses from restrictions in economic cooperation with Russia are estimated at $900 million in 2016, Ukrainian Deputy Minister of Economic Development and Trade Natalia Mikolskaya said. “In this context, the European Commission has agreed to offer additional trade preferences to Ukraine”, she said, adding however that these funds were not enough “to cover even…Details
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The first segment of the rebuilt runway of Chisinau International Airport was inaugurated on November 15. It is about 1 km from the 3500-meter runway. As much as 25 million euro was earmarked to this effect. “We have inaugurated the first segment of the runway. The quality has improved. I refer to the capacity of…Details
Bulgaria recently signed a 29-million euro deal with Russia to purchase 10 new engines for its MiG-29 fighter aircraft. According to Bulgarian Prime Minister Boyko Borisov, the agreement was signed on November 9, though he was reluctant to disclose any additional details about the contract. Borisov also announced that Sofia sought to purchase maintenance rights…Details
According to the Bulgarian Ministry of Agriculture, as of November 3, 401.7 thousand ha of corn were threshed, or 95% of the plan (423 thousand ha). 2118.5 KMT were harvested with the average yield of 5.27 MT/ha. Pace of harvesting is 8.9% higher than in 2015. On the reporting date, average corn yield was up…Details
Ukraine’s State Service for Food Safety and Consumers’ Rights Protection has imposed a ban on imports of birds, poultry and by-products from Bulgaria and Hungary. According to a posting on its website, referring to information from the World Organization for Animal Health (OIE), cases of Newcastle disease in Bulgaria and bird flu cases in Hungary…Details
The state-owned OAO Belaruskali increased solid alkali output to meet the growing consumer demand for this product, a company representative reported. Solid alkali is manufactured at Belaruskali’s electromembrane process factory, which resumed operation in late October. Belaruskali has started supplying solid alkali in 25-kilo bags. The product is shipped to customers in Belarus, Russia and…Details
Belarusian producer prices in October increased by 0.3% MoM (up by 8.1% compared to the level of December 2015), the National Statistical Committee (Belstat) reported. Construction prices grew by 0.5% MoM (up by 3.4% compared to the level of December 2015). Freight tariffs (all means of transportation) reduced by 0.5% MoM but increased by 4.5%…Details