Bulgaria: oilseed market behavior

Domestic market of sunseed was characterized by trading activity last week, raw material was available throughout the country. Average prices increased by 2-3% depending on the region and as of October 14, reached $364/MT. Slight decrease in demand was noted on rapeseed market, which caused the downward price adjustment. Thus, as of October 14, the…


Ukraine: sunflower seed market in 2015/2016

The 2015/2016 marketing year was quite successful for Ukraine in markets of sunflower seed and its processed products. All-time high sunseed production at 11760 KMT was the key to such a success. Favorable agro-meteorological conditions allowed obtaining the best result on close to record planted area, owing to minimal losses and high productivity. High sunflower…


Ukraine: major quotas for duty-free exports of agricultural products to the EU filled

In the current year, Ukraine has already filled all major quotas for duty-free exports of agricultural products to the European Union, except for meat products, the Director of the department of international cooperation at the Ministry of Agrarian Policy and Food of Ukraine Alexander Romanovsky declared. According to him, Ukraine has already settled the quotas…


Ukraine: biggest drug producer to build plant in Azerbaijan

Ukraine’s biggest pharmaceutical company Indar plans to build a medicine plant in Azerbaijan, Ukrainian Ambassador to Azerbaijan Alexander Mishchenko said.

He made the remarks on October 20,during a tourism forum in Baku.

Mishchenko noted that the company was in negotiations in Azerbaijan and the share in the enterprise would be divided 50-50. (Trend/Business World Magazine)

Ukraine: Pivdenne Design Bureau developing new anti-aircraft complex

Ukraine’s Pivdenne (Yuzhnoye) Design Bureau is stepping up the international military and technical cooperation and together with a foreign partner is developing a new short-range anti-aircraft artillery complex in the interests of the Armed Forces of Ukraine. The new weapons are intended to replace Soviet anti-aircraft systems such as ZSU-23-4 Shilka self-propelled radar guided anti-aircraft…


Belarus: Mogilev region and Turkey to strengthen cooperation

Belarus’ Mogilev region and Turkey are set to strengthen their interaction. Matters of bilateral cooperation were discussed during a meeting between Mogilev region Governor Vladimir Domanevsky and Ambassador Extraordinary and Plenipotentiary of Turkey to Belarus Kezban Nilvana Darama on October 18. Kezban Nilvana Darama said that there were great prospects for the development of the…


Belarus: potash exports to Ukraine up in January-August 2016

Belarusian Potash Company (BPC) shipped 42,190 tons of potash fertilizers to Ukraine in January-August, up by 31% YoY. Potash export proceeds from Ukraine-bound shipments grew by 16.7% YoY to $18.1 million. As previously reported, BPC opened an affiliated company in Ukraine. BPC’s Agrorozkvit (literally stands for AgroRenaissance) started operating in Ukraine in October. Established in…


Belarus: investment potential to be presented at Eurasian Forum in Verona

The economic and investment potential of Belarus will be presented at the fifth edition of the Eurasian Forum in Verona, Italy on October 21, spokesman for the Belarusian Ministry of Foreign Affairs Dmitry Mironchik reported. Belarus’ Deputy Minister of Foreign Affairs Yevgeny Shestakov, who co-chairs the Belarusian-Italian commission for economic cooperation, is attending the forum.…


Belarus: corn crop to triple

Cold air temperature, falling below zero at night on the major part of the Belarus contributed to slower vegetation processes of grain crops and winter rapeseed. In the first half of October sum of effective temperatures (above +5 degrees C) totaled about 40-60 C‘, up by 10-20 CYoY. Winter crops sown in mid-September are at…