Belarus: Zubr Capital seeking strategic investor for Atlant Telecom

Zubr Capital is considering the prospects of finding a strategic investor or raising capital for Belarus’ largest internet provider Atlant Telecom, Oleg Khusayenov, Director General at the Managing Company for Zubr Capital direct investment funds, reported. Atlant Telecom has completed a 6-year investment cycle and its patrons are considering the prospects of raising capital of…

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Ukraine: Ukrzaliznytsia and PKP Energetyka sign agreement on cooperation

Chairman of PKP Energetyka (Poland) Wojciech Ozhech and Board Chairman of PJSC Ukrzaliznytsia Wojciech Balczun have signed a cooperation agreement. According to a press release from the Polish company, both signatories declared cooperation in the most important segments of activities, intend to focus on joint business projects, as well as exchange of knowledge and experience…

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Ukraine: Ukroboronprom presenting defense potential at MSPO 2016 exhibition

The Ukroboronprom State Concern is presenting the potential of the Ukrainian defense and industrial complex at the 24th International Defence Industry Exhibition MSPO 2016 in Kielce (Poland) on September 6 through September 9. The concern’s press service reported that 14 Ukroboronprom’s enterprises were presented in Kielce thus showing the potential of the Ukrainian defense and…

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Belarus: EEU cuts import duties

The Eurasian Economic Union (EEU) has reduced import duties from 5.43% to 5.3% of the customs value of goods. The new rates became effective on September 1. The move was approved by the Eurasian Economic Commission (EEC) and reflects Russia’s WTO commitments. Although Belarus is not a WTO member, the country still has to comply…

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Belarus: government extends loan repayment schedule for farms and agribusiness companies

Belarus’ farms and agribusiness enterprises, which received Br455.4 million ($232.255 million) in credits in 2016 to pay for mineral fertilizers, engine fuel and lubricants, will have their credit repayment schedule extended by one year, in accordance with President Lukashenko’s ordinance No. 328 of September 2. The document was made public on September 6. The credits…

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Ukraine: Antonov to start practical cooperation with China on An-225 program by yearend

Antonov state enterprise (Kyiv) plans to start practical cooperation with China on the completion of modernized An-225 Mriya aircraft with a carrying capacity of 250 tons under the Aerospace Industry Corporation of China (AICC), however, the concern emphasizes the timing depends on the Chinese side. Deputy chief designer of Antonov state enterprise Hennadiy Habruk said…

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Ukraine: rapeseed harvest to decrease

According to preliminary estimations of the Association Ukroliyaprom, in 2016 rapeseed production in Ukraine will total 1.1 million tons, against 1.6 million tons last year, the press-service of the Association declared. According to the announcement, last marketing year 10 oilseed plants processed rapeseed raw materials. In 2015/2016 MY Ukraine processed 300 thousand tons of rapeseed…

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Ukraine: seaports grain exports up in early September 2016

On August 29 – September 4, Ukraine exported 661.4 thousand tons of grains from the seaports, against 552.7 thousand tons on the previous week.

In particular, wheat shipments reached 480.9 thousand tons, corn – 14.2 thousand tons, and barley – 166.3 thousand tons. (APK-Inform/Business World Magazine)