Ukraine: Motor Sich posts 26% fall in consolidated net profit in January-September 2016

PJSC Motor Sich in January-September decreased consolidated net profit under international financial reporting standards (IFRS) by 25.72% YoY, to 1.884 billion UAH. According to a company report posted in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income for the reporting period decreased by 28.28%, to…

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Ukraine: India becomes the leader in purchasing of agricultural products

According to the State Statistics Service, in January-September India imported the largest volumes of Ukrainian agricultural food products in monetary terms – more than 9% of the general export volumes (valued at $959 million), the Deputy Director on scientific work at the National Scientific Center “Institute of agrarian economy” Nikolai Pugachev declared. According to him,…

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Greece: over 400 archaeologists to work for TAP

More than 400 archaeologists and archaeological workers are estimated to have been employed by TAP project in by the time its construction has concluded in Greece, said the website of TAP. Implementing its commitment to protecting Greek tradition and cultural heritage, TAP has announced that its Engineering, Procurement and Construction (EPC) contractors are currently employing…

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Belarus: trade turnover with Poland up in January-August 2016

Belarus’ trade turnover with Poland grew by 10% in January-August, the Belarusian government said in a press-release following the latest meeting of the Belarusian Prime Minister Andrei Kobyakov and Poland’s Vice Premier Mateusz Morawiecki. While meeting with the Polish vice premier, Kobyakov suggested that the parties should go further than just expanding export/import transactions and…

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Azerbaijan calls on Croatia to invest in IT, tourism and agriculture

Azerbaijan calls on Croatian companies to invest in the country’s agriculture, tourism, IT and chemical industry, Rufat Mammadov, head of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), said. He added that favorable conditions had been created in Azerbaijan for making investments, as well as for activity in industrial and technology parks. “Tourism sector is…

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Ukraine: wheat prices keep growing supported by strong demand from key importers

Last week milling wheat prices kept growing, mainly supported by increased CBOT wheat futures and strong demand from key importers.

Export prices for Ukrainian milling wheat with 11.5% protein have increased by 8% over the past month. Prices strengthened by $5 during the previous week. (UkrAgroConsult/Business World Magazine)

Ukraine: UIA enhances selection of additional services on charter flights

Ukraine International Airlines offers passengers of charter flights to take advantage of a vast selection of additional travel options. Effective as of October 24, when booking tickets at travel agencies passengers of all UIA charter flights are provided with an opportunity to purchase the following additional services: – Pre-paid Baggage: UIA offers passengers who would…

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