Business World Magazine (Ukraine)
Business World Magazine (Ukraine) is the informational portal.
BWM (Ukraine) informs on doing business in various countries, with special attention paid to Ukraine, Russia, Belarus, Azerbaijan and other ex-USSR countries, their business relations, investments and innovations.
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The price of Russian crude oil supplies to Belarus dropped by 25.4% YoY in January-June to $208, Belarus’ National Statistical Committee (Belstat) said in a report. Belarus’ expenditures on crude oil imports from Russia decreased by 24.8% YoY to $2.398 billion. In H1 2016 Belarus purchased 11.522 million tons of Russian crude, up by 0.9%…
DetailsRussia plans to increase grain exports to Palestine from 70 thousand tons to 250-300 thousand tons, the Russian-Palestinian intergovernmental commission on trade and economic cooperation declared. The Palestinian party is interested in cooperation in the sphere of energy, health care, culture and agriculture. The first contract with the Palestinians for the supply of 70 thousand…
DetailsRussia will abandon the wheat export duty until July 2018, Deputy Agriculture Minister Dzhambulat Khautov said. “The export duty on grain will be abolished in Russia until July 2018”, he said. Khautov said that the ministry’s proposal to abandon the Russian wheat export duty had been approved at a meeting held by Deputy Prime Minister…
DetailsAs of August 29, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 30.8 million ha (on the same date in 2015 – 25.7 million ha), or 65.3% of the planned areas (47.3 million ha). The produced volumes reached 89.3 million tons of grains, with the average yield…
DetailsThe Russian central bank could reduce its key rate at the next meeting on September 16, CEO of the country’s biggest lender Sberbank German Gref said. “If inflation goes down, there are chances”, Gref said. The board of directors of the ruler decided on July 29, to keep the interest rate at 10.5% after a…
DetailsAccording to official data, as of August 26, Russian farmers had threshed 29.2 million ha (61.9%) of grains and legumes against 25.7 million ha on the same date in 2015. 86.2 MMT was harvested with average yield of 2.95 MT/ha (in 2015 – 69.3 MMT with 2.7 MT/ha). Wheat was threshed from 18.1 million ha…
DetailsUkrainian President Petro Poroshenko has stated that the investors from the South-East Asia are willing to invest in the Ukrainian economy. The President said this at the meeting of the National Council of Reforms. “We have not only European investors. Our talks during the visits to the South-East Asia show that today the investors are…
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