Russia: over 110 million tons of grains harvested

As of October 1, the general production of spring grains and pulses in Russian agricultural organizations reached 110.6 million tons in bunker weight, up by 16.2% YoY, the Federal State Statistics Service of the Russian Federation (Rosstat) announced. According to the announcement, the agricultural organizations, which concentrated 67.9% of the whole planted areas under grains…


Azerbaijan: agricultural products exports up in January-September 2016

In January-September Azerbaijan increased export of agricultural products by 31.9% YoY, the country’s Deputy Minister of Agriculture Seyfaddin Talibov said. He said that about 90% of agricultural products of Azerbaijan was exported to Russia. “We hold 11th place among exporters of agricultural products to Russia”, Talibov said. “2.7% of Russian imports of fruit and 3.5%…


Azerbaijan to present its products at 5 international exhibitions

Entrepreneurs will be able to take part in at least 5 international exhibitions in 2017 through the line of Azerbaijan’s Economy Ministry, the country’s Economy Minister Shahin Mustafayev said. Mustafayev said that in 2017, Azerbaijani businessmen would be able to showcase their products at exhibitions in Dubai (UAE), Moscow (Russia), Habsburg (Switzerland) and Dusseldorf (Germany).…


Azerbaijan: number of business inspections cut

As many as 50 inspections of business activities were carried out in Azerbaijan in January-September, while the figure was 50,000 for the first nine months of last year, the country’s Economy Minister Shahin Mustafayev reported. “Recently, Azerbaijan’s President Ilham Aliyev has taken very significant steps to promote entrepreneurship, support local production and promote non-oil exports”,…


Azerbaijan and Iraq to launch regular passenger and cargo flights

Azerbaijan and Iraq have discussed opportunities for carrying out regular passenger and cargo flights.

The discussion took place as a delegation of Iraqi aviation administration visited Azerbaijan State Civil Aviation Administration.

The delegation also familiarized themselves with the activity of the Heydar Aliyev International Airport. (Azertac/Business World Magazine)

Ukraine: selling prices of agricultural products up in January-September 2016

In January-September in Ukraine the average selling prices of agricultural enterprises for agricultural products increased by 8.6% YoY, the press-service of the State Statistics Service of Ukraine declared. In particular, in the reporting period the average prices for plant growing commodities grew by 20.6%, and the prices for livestock commodities dropped by 0.5%. In September…


Belarus: Keramin net profit down H1 2016

Belarus’ OAO Keramin (based in Minsk, sanitary stoneware manufacturer) earned a net profit of Br3.754 million ($1.95 million) in H1 2016, down by 46.4% YoY, according to the Q2 report of the Finance Ministry’s Department for bonds and securities. Keramin’s sales proceeds totaled 69.895 billion rubles ($36.307 million), down by 1% YoY. The statutory capital…


Bulgaria: corn less attractive to farmers

For the second consecutive season Bulgaria looses ground in corn market. While Ukraine, Russia and Romania increase corn production, Bulgarian farmers might have decided not to enter this competition. Firstly, after last season’s bad experience Bulgarian grain producers reduced corn planted area for the 2016 crop by 9.5% to the level of previous years, partially…


Belarus: BPC opens affiliate in Ukraine

The Belarusian Potash Company (BPC) says it has opened an affiliated company in Ukraine. BPC’s Agrorozkvit (literally stands for AgroRenaissance) started operating in Ukraine in October. BPC refers to Ukraine as a country with developed agriculture and hopes to ensure maximum coverage of the country’s potash market with the help of Agrorozkvit led by Dmitry…


Belarus: Belneftekhim exports to Tatarstan up in January-August 2016

Enterprises run by the Belarusian state petrochemical concern Belneftekhim increased their export to Tatarstan by nearly 50% in January-August. Belneftekhim representatives met with the top executives of the Russian company Nizhnekamskneftekhim on October 17. The Russian company is one of the largest partners of the Belarusian petrochemical industry in Tatarstan. Upon the relevant instructions of…