Mogilev region of Belarus and Hunan province of China have signed a memorandum on developing friendly relations. The document was inked by Mogilev region Vice Governor Dmitry Kharitonchik and Head of the Foreign and Overseas Chinese Affairs Office of the People’s Government of Hunan province Xiao Bailing. According to Dmitry Kharitonchik, the first serious step…Details
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Industrial processing of grain in Ukraine has demonstrated a downward trend over the last three years. Production of basic processed products has declined on average by 20% compared with 2013. For instance, beer production has fallen by 29%, vodka – by 43%, malt – by 19%. Only compound fodder production, which has decreased by only…Details
In January-July the joint index of costs for production of agricultural commodities in Ukraine (without the Crimea) increased by 12.4% YoY, the State Statistics Service of Ukraine informed. In particular, the costs for plant growing commodities production increased by 9% YoY, and animal commodities – by 21.4%. According to the statistics data, in July the…Details
In January-June agricultural products formed 40.8% in money terms in the general volume of commodity exports from Ukraine, the Ministry of Agrarian Policy and Food of Ukraine reported. According to the announcement, the supplies of plant growing commodities to foreign markets provided every fifth export US dollar coming to Ukraine, which in absolute terms totaled…Details
Last week the weather was warm with lack of precipitations. Heavy rains were observed only in Kharkov, Zhitomir, Kiev and Dniepropetrovsk regions with lightning. Average daily temperature fluctuated within 18.2-29.4 C and was 1-7 C higher than the norm. Maximum air temperature in the warmest days increased in the South to + 38 C and…Details
Since the beginning of 2016/2017 MY, and as of August 24, the volume of grain exports from Russia totaled 4.48 million tons, down by 0.6% YoY (4.506 million tons), the Ministry of Agriculture of the Russian Federation declared, referring to the data of the Federal Customs Service of Russia. According to the announcement, the wheat…Details
Russian power holding Inter RAO has raised the forecast for earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2016 to 85 billion rubles from 79-80 billion rubles, Dmitry Palunin, a member of the management board, said. The forecast is under International Financial Reporting Standards (IFRS). In May, Inter RAO already raised its EBITDA outlook…Details