For the second consecutive season Bulgaria looses ground in corn market. While Ukraine, Russia and Romania increase corn production, Bulgarian farmers might have decided not to enter this competition. Firstly, after last season’s bad experience Bulgarian grain producers reduced corn planted area for the 2016 crop by 9.5% to the level of previous years, partially…Details
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According to Bulgarian Ministry of Agriculture, as of October 6, 327 thousand ha of corn were threshed, which was 77% of the plan (423 thousand ha). 1685.8 KMT with the average yield of 5.16 MT/ha were threshed. Pace of harvesting is 23.6% higher than in 2015. As of the reporting date, average corn yield is…Details
The Belarusian Potash Company (BPC) says it has opened an affiliated company in Ukraine. BPC’s Agrorozkvit (literally stands for AgroRenaissance) started operating in Ukraine in October. BPC refers to Ukraine as a country with developed agriculture and hopes to ensure maximum coverage of the country’s potash market with the help of Agrorozkvit led by Dmitry…Details
Enterprises run by the Belarusian state petrochemical concern Belneftekhim increased their export to Tatarstan by nearly 50% in January-August. Belneftekhim representatives met with the top executives of the Russian company Nizhnekamskneftekhim on October 17. The Russian company is one of the largest partners of the Belarusian petrochemical industry in Tatarstan. Upon the relevant instructions of…Details
Belarus’ industrial output decreased by 1.7% YoY in January-September to 58.136 billion Belarusian rubles (Br), or $30.199 billion at the official rate of the National Bank, the National Statistical Committee (Belstat) reported. Production of coke, oil products and nuclear materials reduced by 9.3% YoY in January-September to 8.351 billion rubles ($4.338 billion). The output of…Details
According to initial evaluations, in January-September Belarus’ gross domestic product totaled Br69.3 billion or 97.1% as against January-September 2015 in comparable prices, the National Statistics Committee of Belarus reported. In January-September the deflator index of Belarus’ GDP totaled 108.2% as against the same period of last year. (BelTA/Business World Magazine)Details
60 cruise ships were serviced at the embankments of Saint-Petersburg in the navigation season of 2016. Those vessels brought to the city 26,000 cruise passengers, Andrei Mushkarev, Chairman of Saint-Petersburg Committee for Tourism Development, reported. According to him, FSUE Rosmorport is planning to reconstruct the landing stages at Angliyskaya and Lieutenant Shmidt embankments. (Portnews/Business World…Details