In 2017 Kernel plans to use its processing capacities to full extent and increase sunflower seed crush to 3 MMT. Record sunflower crop in Ukraine will increase availability of additional raw material on the market, which has higher profitability compared to other crops. Sunflower crop in Ukraine will reach record 14 MMT and processing will…Details
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Donald Trump’s victory in the US presidential elections denotes that a new era is underway both in world economy and world policy, Levente Kozma, the former Hungarian senior foreign policy advisor, reported. In his victory speech, Trump promised to create major infrastructural projects, as well as several million new jobs, according to Kozma. Kozma added…Details
The markets of South-East Asia is a strategic direction for the exports of Ukrainian agricultural products, the Deputy Minister of Agrarian Policy and Food of Ukraine for European Integration Olga Trofimtseva declared. To date, Asian countries take a significant share in the regional exports structure of Ukrainian agricultural products – more than 45% (nearly $5…Details
SOCAR Turkey Enerji A.S., a subsidiary of Azerbaijan’s state oil company SOCAR, wants to create a chemical industrial park, Hayati Ozturk, chief advisor of SOCAR Turkey Enerji A.S., said. Ozturk said that creation of a chemical industrial park was an innovation for Turkey. He noted that the demand for chemical products was increasing in Turkey…Details
Russian banks have slowed down their activeness in Kazakhstan. The total loan portfolio of Kazakh subsidiaries of Russian banks decreased by 154 billion tenges, or by 11% since the beginning of 2016. The loan portfolio of Russian banks in Kazakhstan is reducing faster than the loan portfolio of other banks – the total loan portfolio…Details
Germany: safe gas transit through Ukraine and expansion of cooperation with alternative suppliers in priority
Maintaining safe gas transit through Ukraine, expansion of cooperation with gas suppliers that are alternative to Russia are priorities for Germany, Minister of State for Europe at the German Federal Foreign Office Michael Rothousand has stated. “Russia will continue to play an important role as a gas supplier. It is expected that Germany in the…Details
Last week air temperature fluctuated within +5..+15 degrees C with maximum reaching +20 and minimum lowering to -2. 5-10 cm soil layer warmed to +4-14 C in the daytime. Light rains were observed across the whole territory Romania (5-15 mm over the week). In the North-Eastern regions, where summer drought was severe, soil moisture stocks…Details