Moderately warm weather with precipitation and night frosts to 12 degrees C was observed in the south and south-east of Kazakhstan on October 21-31. Such weather conditions were less favorable for preparation of fields and completion of winter wheat planting. In Almaty region winter wheat is at stages varying from germination to emergence; its growth…
DetailsFrom the start of the 2016/2017 season Allseeds has been steadily increasing the volumes of sunflower seeds processed at its oil-extracting plant in Yuzhny. As of the end of October, net volume of seeds processed amounted to 120 thousand tons, with 110 thousand tons seeds of the new harvest. In September 79% of the plant…
DetailsUkraine and Slovenia have agreed to resume direct flights between Kyiv and Ljubljana, Ukrainian President Petro Poroshenko has said. “Discussing cooperation in the field of transport, we’ve agreed to resume direct flights between Kyiv and Ljubljana”, he reported after talks with Slovenian President Borut Pahor. The Ukrainian president said this would contribute to deepening cooperation…
DetailsCHS Ukraine plans in 2017 for the first time to import carbamide in the amount of 200,000 tons. “We’re trying to trade in fertilizers. In spring we would like to purchase 200,000 tons of carbamide”, company CEO Viacheslav Kolosvetov reported. According to him, the matter concerns possible cooperation with Russia’s Uralchem. Kolosvetov added large agricultural…
DetailsDeposit auctions will be enough to absorb excessive liquidity of the banking sector in the foreseeable future, Central Bank First Deputy Chairwoman Ksenia Yudayeva reported. “It will be enough for us to hold deposit auctions in the foreseeable future (to absorb excessive liquidity)”, Yudayeva said. The authority organized the first deposit auction in 18 months…
DetailsUkrainian 2016/2017 grain exports could be 7 million tons lower than originally expected due to logistical difficulties and some companies have already redirected shipments from Ukraine to other countries, traders said. Ukraine had planned to ship abroad around 41 million tons of grain in the 2016/2017 July-June season versus around 39 million tons a season…
DetailsBelarusian food products are in demand on all the markets of the Commonwealth of Independent States (CIS), Belarusian Antimonopoly Regulation and Trade Minister Vladimir Koltovich reported. “Foreign partners like Belarusian products. Russians, Ukrainians and Kazakhs know that the Belarusian quality is high, and our products are welcome on all the CIS markets”, the minister stressed.…
DetailsChina has proposed to establish Ukrainian-Chinese free trade area. Chinese Ambassador to Ukraine Du Wei said this during an opening ceremony of Ukraine Silk Road International Forum held in Kyiv. “The Chinese side has proposed to create the Russian-Chinese free trade zone. We hope to intensify a research on this issue with the Ukrainian side”,…
DetailsLate October and early November featured a temperature upturn in Bulgaria. The temperature increase against the background of sufficient topsoil moisture reserves caused winter crops to resume their active growth. Exceptions are some parts of South Bulgaria where soil moisture shortages hamper development of winter cereals and rape. Plants of winter wheat and barley seeded…
DetailsThis season wheat quality issues are particularly acute. An increase in feed grain supply from the Black Sea countries is a characteristic feature of the current season. The growth of milling wheat share in Ukraine will be offset by increased feed wheat production in Russia and Kazakhstan. Traditionally, Kazakhstan produces grain of highest quality compared…
DetailsBelarusian manufacturers must upgrade their quality management systems to comply with the new standard STB ISO 9001-2015 by September 15, 2018, Chairman of the State Committee for Standardization Viktor Nazarenko reported. Viktor Nazarenko recalled that a new version of the national standard for quality management system STB ISO 9001-2015, identical to the international standard, was…
DetailsThe Belarusian industrial gas producer BMZ-GKS, which was founded by Belarusian Steel Works (BMZ trademark) among other parties, started selling argon to Bulgaria, Romania, and Moldova in 2016, Alexander Olesik, Press Secretary of the BMZ, reported. The first few batches of argon were delivered to Poland in late 2015. Argon has many applications in the…
DetailsBelarus is interested in assimilating Poland’s innovative technologies for processing fruit and vegetables. Belarusian Deputy Agriculture and Food Minister Vladimir Grakun made the statement during negotiations with a Polish delegation in Minsk on November 8. The meeting was held to discuss the development of bilateral cooperation. The official said that Belarusian companies took an interest…
DetailsThe trade between Belarus and Pakistan has been recently gaining momentum, the Embassy of Belarus in Pakistan reported. In January-September the trade between Belarus and Pakistan totaled $38.6 million, with Belarus exporting $30 million worth of products to Pakistan. The deliveries of Belarusian tractors increased by 7.8%, tractor parts by 55.4%. The deliveries of Belarusian…
DetailsBelarus’ food exports are projected to total $2.1 billion in 2016, Alexei Bogdanov, the head of the main division for foreign economic affairs at the Agriculture and Food Ministry of Belarus, said. “According to preliminary data, in January-October the export growth dynamics was not bad. In monetary terms, the export amounted to 99.3% compared to…
DetailsThe Azercosmos OJSC of the Azerbaijani Ministry of Communications and High Technologies has signed a contract to render telecommunication services to the leading international satellite operators, DCS Telecom and Don Telecom. According to the contract, the DCS Telecom and Don Telecom will use the resources of the Azerspace-1 satellite for voice services, data transmission, cellular…
DetailsAgrarians of Kazakhstan are gradually getting interested in cultivating oilseed crops due to their profitability. Currently, oilseed price is 2-3 times higher than price of wheat depending on the quality. Moreover, interest comes not only from the side of Kazakh farmers, but also from the foreign investors. The example is the North-Kazakh region, where farms…
DetailsThe last two months demonstrated the Ukrainian government’s intent to prevent VAT refund amount reduction after its significant decrease in August. However, government will need from six months to a year to gain the market’s confidence. According to government’s representatives, as of October 26, the state VAT debt declined to 16 billion UAH. Experts hope…
DetailsThe prime ministers of the GUAM (Georgia, Ukraine, Azerbaijan and Moldova) Organization for Democracy and Economic Development are due to discuss transport corridors and a free trade zone, GUAM Secretary General Altai Efendiyev reported. “Ukrainian Prime Minister Volodymyr Groysman has initiated a meeting of GUAM prime ministers in Kyiv to focus on the implementation of…
DetailsAs of November 8, Ukrainian agrarians harvested 57.23 million tons of grains throughout the areas of 13.017 million ha, or 91% of the plan. The average yield totaled 4.4 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 57.7…
DetailsThe current 2016/2017 soybean season is completely different from the past one, except for the fact that Ukraine is unlikely to obtain soybean crop higher than 4 MMT again. Each marketing year has its own characteristic features. The 2016/2017 soybean season can be characterized by the following: Planted area reduction due to low production profitability…
DetailsLast week milling wheat prices strengthened both on export and domestic markets supported by strong demand.
Export prices of Ukrainian milling wheat with 12.5% and 11.5% protein were still equal. They increased by another $3. (UkrAgroConsult/Business World Magazine)
A number of documents were signed in Ljubljana on November 8, in the presence of presidents of Ukraine and Slovenia, Petro Poroshenko and Borut Pahor, press secretary of the Ukrainian president Sviatoslav Tseholko has said. “Ukraine and Slovenia have signed a memorandum of understanding in energy efficiency and alternative fuels”, Tseholko wrote on Twitter. In…
DetailsUsing Silk Road infrastructure will allow Ukrainian agricultural producers to enter the Chinese market. Advisor to Ukrainian Agrarian Policy and Food Minister Vladyslava Rutytska said this at the 2016 Ukraine Silk Road Forum in Kyiv. “Our companies obtained the right to export dairy products. These products have a very limited shelf life. So, the possibility…
DetailsOn November 4, Ukraine International Airlines and Amadeus signed a partnership agreement, enabling UIA to drive revenue generation and growth. The parties were represented by Yuri Miroshnikov, UIA President, and Julia Sattel, Global Head of Airline IT, Amadeus. UIA has chosen the Amadeus Altea Suite, which provides the carrier with a complete Passenger Service System…
DetailsIn January-October Russian coal exports climbed by 20.2% YoY, to 135,772,130 tons, the Ministry of Energy statistics said.
In October, coal exports totaled 14,683,100 tons.
Coal production in October totaled 33,186,500 tons (27,907,900 tons supplied). (Portnews/Business World Magazine)
A member of Russian food retailer Magnit’s board of directors, former director of its operating unit Tander Vladimir Gordeichuk is selling a 1.3% stake in the company. The price of the shares will be set during an accelerated collection of bids. UBS will act as the organizer of the deal. According to Magnit, Gordeichuk holds…
DetailsEnefit Energiatootmine AS (fully owned subsidiary of Eesti Energia Group) has reached a settlement with GE (including Alstom Estonia AS, GE Power Sp.z o.o and Alstom Power Systems) regarding the new Auvere power plant. The plant was due to be handed over to Eesti Energia by GE in November 2015 but acceptance has been delayed…
Details