In July Kazakhstan exported 11% more flour than in July 2015 (141.3 KMT against 126.8 KMT). Over 11 months of 2015/2016 Kazakhstan increased flour exports by 29% YoY. Afghanistan imported record high volume of Kazakh flour during the period in view – 1096 KMT. Last time Afghanistan imported such large volumes of flour in 2009/2010.…Details
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In 2015/2016 MY the processing volumes of sunflower seed in Ukraine broke a record and reached 11.7 million tons, up by 11% YoY. Taking into account the fact that last season the general processing capacities in the country totaled 16 million tons per year, in 2015/2016 MY the average loading rate of oilseed processing enterprises…Details
In 2015/2016 MY, Ukraine received 48 notifications about qualitative characteristics of exported grains, which break a record, the chief specialist of the Phytosanitary security department at the State Service of Ukraine on Food Safety and Consumer Protection Elena Shakina declared. According to her, 35 notifications came from the quarantine service in Indonesia. At the same…Details
IMF forecasts of Russia’s GDP have improved immensely since spring of 2016. The IMF has repeatedly improved its forecast for Russia’s GDP dynamics. Now it expects Russia’s GDP to decline by 0.8% in 2016 and to grow by 1.1% in 2017, according to the IMF’s Global Financial Stability Report. In July, in its regular annual…Details
The International Monetary Fund (IMF) forecasts Ukraine’s GDP at the level of 2.5% in 2017, according to the IMF’s World Economic Outlook. In particular, according to the table with data on CIS countries, Ukraine’s real GDP totaled minus 9.9% in 2015, while in 2016 it is estimated at 1.5%, and is projected at 2.5% in…Details
Heineken United Breweries will suspend production at PIT Company, its affiliate in the Russian city of Kaliningrad, from January 1, 2017 to maintain efficiency, the company said in a statement. PIT Company’s production will be redistributed among other Heineken companies, but some of its area will be used as storage. “The company has made the…Details
Russian gas giant Gazprom may invest 120-140 billion rubles in the development of the Chayanda field and in construction of the Sila Sibiri (Power of Siberia) natural gas pipeline in the republic of Yakutia in 2017, the republic’s head Yegor Borisov reported. “Speaking of Gazprom, we are only building plans today, we have not seen…Details