Bulgaria’s 2016/2017 rapeseed planted acreage was reduced by 2.3% to 170 thousand ha that is somewhat below its long-term average. Favorable weather conditions allowed farmers to get a record rapeseed yield in 2016/2017. The total rapeseed crop consequently hit 493.1 KMT in 2016/2017, i. e. exceeded the most optimistic expectations. Overall, the first months of…Details
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According to the National Energy Regulatory Agency, on December 12, the requests by RED Union Fenosa and Gas Natural Fenosa Furnizare Energie to raise the electricity tariffs were posted on the ANRE official web site as Law No 107 dated May 27, on electricity requires and the civil community has been given 15 days since…Details
On December 20, Air Manas will carry out its first flight from the Bishkek’s Manas International Airport to the airport in Zhukovsky, Russia. The Zhukovsky Airport, or the Ramenskoye Airport, is located in the town of Zhukovsky, 3 km to the south-west from the railway platform “42 km”, and 36 km (public roads) from the…Details
In the current season of 2016/2017 Ukraine’s grain market has faced a shortage of rolling stock for transporting grain freights. However, while the transport shortage was previously associated with a lack of railcars, the availability of trucks has also become an acute problem now. The logistical difficulties in Ukraine have already caused changes in the…Details
In January-October the industrial output shrank by 0.6% YoY. According to the National Bureau of Statistics, in October it contracted by 2.2% YoY. In January-October the output decreased by 16.5% in the mining industry and grew by 0.7% in the processing one. The food industry reported the decrease by 0.6% YoY. In particular, the output…Details
Ukrainian company Sixa, which has developed an application for access to a high-performance virtual computer in the “cloud,” has raised $3.5 million from U.S.-based Tandem Capital fund, as well as the investment companies Horizon Capital and Digital Future. “Sixa is a very valuable company for Digital Future’s portfolio. Fight among investors for the opportunity to…Details
Ukrainian Prime Minister Volodymyr Groysman has said that natural gas production in the country could expand to 500 million cubic meters in 2017. “This year we increased own production to 50 million cubic meters of gas. Next year we expect the increase it to 500 million. I think that by 2020 we would be able…Details