Ukraine: seaports grain exports halved in early October 2016

On October 3-9, Ukraine exported 545.9 thousand tons of grains from the seaports against 1.02 million tons on the previous week.

In particular, wheat shipments reached 312 thousand tons, barley – 155.6 thousand tons, and corn – 78.3 thousand tons. (APK-Inform/Business World Magazine)

Turkey to fine suppliers of unsafe foods to Russia

Turkey has proposed to control safety of all food products delivered to the Russian market as well as fine suppliers of unsafe foods, Deputy Minister of Turkey’s Food, Agriculture and Livestock Nusret Yazici said at the meeting with the head of Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) Sergey Dankvert. “The products recognized…


Russia to cut gas price for Belarus

Russia has agreed to cut the 2016 gas price and has outlined a plan of further reductions for the next few years for Belarus, while Minsk agreed to redeem a $300 million debt for past deliveries, government officials said. “The debt, which has accrued for January gas payments will be redeemed fully until October 20.…


Russia: Sovcomflot to be privatized in parts

VTB Capital, an investment advisor on privatization of the government’s 25% stake in Russian shipping company Sovcomflot, has submitted a report to the Economic Development Ministry in which it said that the stake might be sold in 2017 in parts on the Moscow and New York stock exchanges, Minister Alexei Ulyukayev reported. “Sovcomflot (privatization) may…


Russia: daily oil output sets a record

Russia’s average daily oil and gas condensate output grew to 11.2 million barrels daily in October from 11.11 million barrels in September, setting a new post-Soviet record high, Bloomberg reported, citing preliminary data of CDU TEK, an agency that provides data and analysis to the Russian Energy Ministry. Russian Energy Minister Alexander Novak said that…


Ukraine: share of Ukrainians involved in Boeing projects has been growing for the last three years

The share of Ukrainian professionals involved in Boeing projects has increased significantly over the past three years – from 0.1% to 2%. According to the press service of the Progresstech-Ukraine engineering company, its director Andriy Fialkovsky said this at the international aviation forum Aerocongress 2016. Three years ago the share of Ukrainians involved in modeling…


Ukraine: investment boost observed

Opening of new enterprises manufacturing added-value products is a proof that Ukraine experiences growing investment levels. This was stated by Prime Minister of Ukraine Volodymyr Groysman after opening of the company Bila Tserkva Plant of Preparation Forms. “The task of the government today is to create conditions so that such companies could appear every week…


Ukraine: long awaited rains arrive

After long term September drought rains were observed throughout the whole territory of Ukraine last week. Thus, heavy rains were seen in Lvov region (Western Ukraine) – on October 4, daily precipitation totaled 54.3 mm –a lmost a monthly norm (95%). In Kharkov region 10 days precipitation amount varied within 5-12 mm, or 38-92% of…


Kazakhstan: Ak Biday Terminal doubles grain shipments in January-September 2016

In January-September the grain terminal JSC Ak Biday Terminal, the subsidiary company of National Company Food Contract Corporation JSC, exported nearly 402.1 thousand tons of grains through its grain terminal in the Aktau port, the press-service of Food Contract Corporation declared. According to the announcement, in the same period of 2015 the shipped volumes totaled…