In January-July Ukrainian flour-milling enterprises produced 1.036 million tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared. At the same time, the production volumes in July totaled 149 thousand tons, up by 12.5% MoM and down by 7.2% YoY. In January-July the production volumes of crude sunflower oil in Ukraine…Details
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In 2016, Belarus plans to increase the harvest of corn for grain 5.5 times YoY, the Deputy Minister of Agriculture and Food Vladimir Grakun declared. The harvested areas will total 180 thousand ha, the production volumes – 1.2-1.25 million tons. The reporting volumes will cover the whole possible deficit of the grain. Last year Belarus…Details
According to the official statistics figures, in 2015/2016 MY the imports of baking mixes for production of bakery products to Ukraine totaled 1.71 thousand tons, down by 23% YoY (2.21 thousand tons). Countries of the European Union became the main suppliers of the product (nearly 97%). Export volumes of baking mixes from Ukraine were almost…Details
High-level officials from Estonia, Latvia and Lithuania on August 11, met in Riga to discuss the Intergovernmental Agreement between the states on Rail Baltica railway project implementation. According to Lithuania’s Ministry of Transport and Communications, it was the second round of consultations, after the first on held at the beginning of June. Representatives covered a…Details
Germany’s antimonopoly authority Bundeskartellamt has approved of establishment of a joint venture between Russian oil major Rosneft and British BP called Yermak Neftegaz. Rosneft and BP signed legally binding documents to establish Yermak Neftegaz for geological exploration of fields in West Siberia and the Yenisei-Khatanga Basin in June. Under the agreement, Rosneft will own a…Details
Anthony Tether, former head of the Defense Advanced Research Projects Agency (2001-2009), has become a consultant to Ukraine’s state-owned defense conglomerate Ukroboronprom. A memorandum on cooperation between Ukroboronprom and the director of the American company Tony Tether & Associates was signed in the presence in Kyiv. Tether, the first foreign consultant of Ukroboronprom, will give…Details
Eurowings will terminate its Russian services at the end of the current summer season. A source said that its daily Berlin Tegel-Moscow Domodedovo route, launched in October 2015, had not lived up to expectations in terms of demand and revenue. The budget brand of the Lufthansa Group, Eurowings offers regular flights across Europe, as well…Details