ARVIBelAgro LTD joint venture (Lida, Grodno region) plans to launch a turkey meat facility in November, a company official reported. By November the company plans to have commissioned 15 poultry houses and launched a slaughterhouse. German-made and Polish-made equipment is now being installed at the slaughterhouse, the official informed. At the moment, the investment value…
DetailsThe Ministry of Agrarian Policy and Food of Ukraine supports cancellation of price controls for food products, including grain by-products, the Director of the food products department at the Ministry of Agrarian Policy and Food Mykola Moroz declared. According to him, the Ministry provides the reporting cancellation of price regulation as an experiment. If in…
DetailsAs of September 1, agricultural enterprises (excluding small-scale ones) and grain storage and processing enterprises of Ukraine, stocked 24.439 million tons of grains and sunflower seed, down by 2.7 million tons compared with the same date in 2015, the State Statistics Service of Ukraine declared. In particular, the carry-over stocks of wheat reached 17.703 million…
DetailsUkraine’s real gross domestic product (GDP) in the second quarter of 2016 increased by 1.4% YoY. This information has been posted on the website of the National Bank of Ukraine (NBU) with a reference to the State Statistics Service. “The Ukrainian economic growth has been accelerated. In the second quarter of 2016, the real GDP…
DetailsRussian national flag carrier Aeroflot may sell its largest affiliate Rossiya Airlines. Aeroflot owns 75% minus one share in the affiliate, while the rest is owned by the government of St. Petersburg. Deputy Prime Minister Arkady Dvorkovich ordered the Transport Ministry to prepare suggestions for the possibility of Aeroflot selling Rossiya Airlines. The Economic Development…
DetailsThe Russian communications service has suggested implementing special software for subscriber devices to identify users of Wi-Fi networks of Internet access and insists on administrative responsibility for individuals-owners of such networks. The Federal Service for Supervision of Communications, Information Technology, and Mass Media checked more than 18,000 public hotspots across the country and found out…
DetailsRussian Railways has proposed raising its transportation tariff for all types of cargo by 6.8% in 2017 or to differentiate between tariff increases depending on types of cargo. The company’s differentiated tariff proposal envisages a 8.2% rise for first-class cargoes, excluding coal and ore, and for mineral fertilizers; a 6.8% rise for coal, ore and…
DetailsThe second stage of Russia’s bond issuance has been planned and is not replacing privatization, Economic Development Minister Aleksey Ulyukayev said. “Those are absolutely different tracks, we’ve always said that the second stage of bond issuance means exhaustion of the $3 billion quota”, he said, adding that “it does not replace the decision on privatization…
DetailsBarley harvesting in Russia entered the final straight. More than 18.2 MMT of barley were collected from about 93% of acreage, which already exceeds last year’s harvest. This year Russia will obtain 9% more barley than a year before. Undoubtedly, export potential will also grow in the 2016/2017 season. Experts believe that it may surpass…
DetailsLast week slight increase in average new crop sunflower seed prices was observed in Russian Federation due to limited supply. Harvesting has already started and farmers work mostly “for stocks”. The price fluctuated in the range of RUB 21500-24000/MT including VAT with delivery to the plant depending on the region. Major market participants were ready…
DetailsRussian national flag carrier Aeroflot is not considering the possibility of selling its stake in affiliate Rossiya Airlines, a representative of Aeroflot reported. Earlier mass media reported citing three federal officials that Deputy Prime Minister Arkady Dvorkovich had ordered the Transport Ministry to prepare suggestions for a sale of Rossiya Airlines by Aeroflot. “The issue…
DetailsNibulon’s transshipment terminal in Kherson region has officially handled 1 million tons of grain and oilseeds. The terminal began operation in 2012. In its four years of operation the terminal has received, processed and shipped 481,000 tons of wheat, 244,100 tons of barley, 139,700 tons of corn, 91,200 tons of rapeseed and 57,000 tons of…
DetailsOn September 12-18, hot weather retained all over Moldova with lack of rains. Average air temperatures during the week reached +19-22.4 C, which was higher than the norm by 5-6 C. Maximum air temperature increased to +34 C, which was observed once in 20 years. At 80% of the territory total sum of precipitations was…
DetailsThe passenger traffic at Minsk Airport grew by 10.7% YoY in August to 422,600 people, the airport authorities said in a release. In August Minsk Airport provided service support to 2,270 flights. All in all, in January-August the passenger traffic at Minsk Airport totaled 2.254 million (+19.7%), with service support provided to 15,043 flights (+15.8%).…
DetailsIn August Ukraine imported 16 KMT of palm oil against 12.3 KMT in July 2016 and 12.8 KMT in August 2015. Total volume imported in 2015/2016 (September-August) was 24% higher than over the last season. Thus, total imports equaled 181.2 KMT against 145.7 KMT in 2015/2016. Malaysia and Indonesia traditionally remained the main suppliers of…
DetailsThe Belarusian confectionery factory Kommunarka pays increasing attention to the Chinese market, Kommunarka Director General Ivan Danchenko said. Ivan Danchenko said that Belarusian confectionery products were underrepresented in China. This country accounts for a small share of Kommunarka’s exports. However, in recent years, the company has been paying increasing attention to this market. To attract…
DetailsAccording to regional agricultural departments, as of September 21, Kazakh agrarians harvested grains throughout 11.357 million ha, or 73.9% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agrarians produced 16.974 million tons of grains, up by 6.7 million tons YoY. The average yield totaled…
DetailsKazakh Deputy Prime Minister and Agriculture Minister Askar Myrzakhmetov banned sturgeon fishing in all the regions of the country, Agriculture Ministry said. This measure is aimed at combating the illegal fish trade. In order to combat the illegal fish trade, the Ministry of Agriculture plans to introduce a new automated information system, which will monitor…
DetailsAccording to official data, as of September 19, grain crops had been threshed from 10526.3 thousand ha, which was 68.5% of the plan. 15719.3 KMT was harvested with the average yield of 1.49 MT/ha. On the same date of 2015, 9546.4 KMT of grain had been harvested from 8279.5 thousand ha with the average yield…
DetailsBelarus’ Agriculture and Food Minister Leonid Zayats named industrial cooperation as a promising line in the interaction between Belarus and Tajikistan as he spoke at the conference held on September 22, to mark the 20th anniversary of the diplomatic relations between Tajikistan and Belarus. Leonid Zayats took note of the project to organize the assembling…
DetailsIndian importers have purchased around 76,000 tons of Ukrainian-origin wheat in the past couple of weeks as India increases its wheat imports after a poor crop. One shipment of around 51,000 tons was purchased for September shipment and another of 25,000 tons was bought for October shipment. It is possible that more could have been…
DetailsThe International Monetary Fund (IMF) says vulnerabilities of Belarus’ economy remain elevated. The IMF made a statement to this effect in the Staff Report prepared by a staff team of the IMF for the 2016 Article IV consultation. “The economy is expected to contract further this year and next, reflecting still-weak balance sheets and structural…
DetailsRussian gas giant Gazprom is preparing a feasibility study for development of three licensed blocks in Bolivia and may receive operator contracts for the blocks without any competition, Gazprom CEO Alexei Miller said. In June Gazprom and Bolivian state-owned oil and gas company Yacimientos Petroliferos Fiscales Bolivianos (YPFB) signed a roadmap for implementation of projects…
DetailsFour Ukrainian universities made it to the list of the latest World University Rankings, released annually by Times Higher Education. Taras Shevchenko National University of Kyiv, Lviv Polytechnic National University, National technical University of Ukraine – Kyiv Polytechnic Institute, and V. N. Karazin Kharkiv National University had a rating in the range of 801 and…
DetailsThe European Commission (EC) will cease investigation into Hungary’s Paks nuclear power plant project with Russia’s participation as Budapest has provided all necessary explanations regarding construction of two new nuclear reactors at the facility, Bloomberg reported citing Benedek Javor, a Hungarian deputy at the European parliament. Hungary has provided sufficient justification why the construction contract…
DetailsThe development of direct contacts between businessmen, manufacturers and government agencies of the two countries will allow advancing Belarus-Latvia economic cooperation to a new level. Ambassador Extraordinary and Plenipotentiary of Latvia to Belarus Martins Virsis made the statement as he met with top officials of the Gomel branch of the Belarusian Chamber of Commerce and…
DetailsBelarusian builders of the Garlyk mining and processing factory in Turkmenistan are getting ready to lower the third tunneling machine into the shaft, the press service of the Council of the Republic of Belarus reported. Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich oversees the project’s implementation. According…
DetailsAs of September 22, agricultural organizations of Belarus planted winter grain crops throughout 805.8 thousand ha, or 59.9% of the plan, the Ministry of Agriculture and Food declared. Also, agrarians continued the harvesting campaign. In particular, Belarus harvested 97 thousand tons of corn for grain throughout the areas of 14.4 thousand ha (8.13%). The average…
DetailsBelarus reports a quantitative increase in exports of meat and dairy products in January-July, according to Belstat. Meat export grew by 12.6% YoY to 180,200 tons, the average price was down by 16.1% to $2,092 per ton. In value terms, Belarus’ meat exports fell by 5.5% to $377.058 million. The CIS states were the major…
DetailsBelarus increased truck exports by 27.5% YoY in January-July to 2,258 units, Belstat said in a statistical report. In value terms, truck exports grew by 2%YoY to $311.726 million. The average export price of Belarusian-made trucks reduced by 20% YoY to $138,054 per unit. Truck exports to the CIS states grew by 18.3% to 1,897…
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