In January-May the import volumes of wheat to Azerbaijan totaled 556.6 thousand tons, down by 29.4% YoY, the State Statistical Committee of the Republic of Azerbaijan reported. According to the statistics data, the general cost of imported wheat to the country totaled $104.78 million (down by 43.2% YoY). In the reporting period Azerbaijan imported 59.12…
DetailsThe Ministry of Health plans to sign a memorandum with the Lokman Hekim network of private clinics (Turkey) on treatment of Ukrainians abroad in the framework of the relevant state program. According to the Health Ministry’s press service, the agreement was achieved at a meeting of the commission on referral to treatment abroad, headed by…
DetailsSergei Sandulov, Director General of Omsk River Port, has been named the winner of the auction on sale of the 25.5% stake of Omsk River Port owned by Russian government. According to the official website for bidding information, the shares were sold for 36 million RUB at the auction held on July 21. Sergei Sandulov…
DetailsThroughput of Rosterminalugol in 2016 has reached 9 million tons year-to-date, the company’s press release says. The milestone ton was loaded on July 20. Rosterminalugol was established in 1996 to build and operate the coal terminal at Port of Ust-Luga. The company specializes in loading / unloading operations, freight forwarding services, building and maintenance of…
DetailsActive development of Russian grain handling port capacities ensured record high exports in the 2015/2016 season. Current surplus of capacities, as well as projects for grain handling terminals expansion, provide a basis for further growth of grain export capacity. UkrAgroConsult estimates that over the past 10 years Russian grain handling seaports capacities increased by more…
DetailsAzerbaijan Airlines (AZAL) and Russian Ural Airlines will start operating joint flights on Gabala-Moscow-Gabala route from July 31. According to the code-share agreement, flights of Ural Airlines on this airline will be operated under the codes of both airlines. Direct flights on Gabala-Moscow-Gabala route will be operated every week on Sundays. Departure from Domodedovo International…
DetailsArtillery units of the integrated combined arms force of Russia’s Eastern Military District stationed in the Trans-Baikal Territory were alerted on Wednesday to march for drills to the Tsugol range, the district spokesman Colonel Alexander Gordeyev said. “Some 500 troops and 100 units of armaments and military equipment covered a distance of more than 100…
DetailsBoryspil International Airport (Kyiv) could triple its net profit in January-June compared to the same period of 2015. Acting Director Yevhen Dykhne gave the information at a press conference at the airport on Thursday. “According to the preliminary calculations we expect that we will see a triple rise in profit in H1 2016 compared to…
DetailsThe debt of PJSC Ukrnafta to the national budget has increased to 15.3 billion UAH (including interest and penalties), the press service of the Ministry of Economic Development and Trade has said. “According to the State Fiscal Service, the tax debt of Ukrnafta as of July 1 was about 15.3 billion UAH”, the report says.…
DetailsJSC TVEL, the fuel company of Russia’s State Atomic Energy Corporation Rosatom, has signed the first contract on testing Russia’s TVS-Kvadrat nuclear fuel with a US nuclear power plant operator, Rosatom said. TVEL Vice President Oleg Grigoryev said in May that the first Russian test nuclear fuel assemblies TVS-K would be loaded into US reactors…
DetailsRussia’s Su-35 multirole fighter jet can be touted as the best dogfighter in history, according to military expert Sebastien Roblin. In his article, published by the US magazine National Interest, military expert Sebastien Roblin gave kudos to the Russian Sukhoi Su-35 (Flanker-E) super-maneuverable multirole fighter jet, which he said may be a “deadly adversary” to…
DetailsBurgas-Alexandroupolis oil pipeline project may be resumed in case of difficulties with navigation through the Black Sea straits, Chief Executive Officer of the Russian pipeline operator Nikolai Tokarev said. “We have just recently received a formal notice of they support prospects of Burgas-Alexandroupolis oil pipeline project. They are against winding-up a management company created for…
DetailsAccording to preliminary data, agricultural households of all categories in Russia (agricultural organizations, farmers, population) planted grain crops and pulses for the harvest-2016 throughout the areas of 47.2 million ha, up by 0.6% YoYr, or up by 275 thousand ha, the Federal State Statistics Service (Rosstat) reported. According to the announcement, the planted areas under…
DetailsThe Moscow Ninth Appellation Court upheld the decision under the lawsuit of designer Christian Louboutin against Russian perfumery suppliers. The Moscow Arbitration Court earlier ordered to collect over 24 million rubles ($375,445) for violation of trademark rights. “The decision of the Moscow Arbitration Court of April 22, should be left unchanged and appeals should not…
DetailsRussian inventors from Aeromechanics Company unveil Micron gyrocopter. They’ve created what’s believed to be one of the smallest and lightest helicopters in the world. The invention weighs only 115 kilograms and can reach speeds of up to 120 kilometers per hour. The chopper can easily take off from any landing site with a 10-meter diameter.…
DetailsAccording to the Association of Russian Seaports, in January-June grain handling in ports of the country increased by 29.4% YoY, to 12.1 MMT. In the first half of 2016 cargo turnover in Russian seaports grew by 6%, to 344.6 MMT. Such considerable increase in grain handling in Russian seaports became possible due to record export…
DetailsIn the current year the average yield of early grains and pulses in Ukraine will exceed the index of 2015 by 0.4 t/ha, which will completely ensure the domestic demand and export potential, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the updated harvesting data from regions. According to the announcement,…
DetailsAs of July 1, agricultural enterprises (excluding small-scale ones), and grain storage and processing enterprises of Ukraine stocked 7.032 million tons of grains (including 3.013 million tons of wheat, 2.178 million tons of corn, 1.512 million tons of barley, 46.5 thousand tons of rye), down by 839 thousand tons YoY, the State Statistics Service of…
DetailsPJSC State Food and Grain Corporation of Ukraine plans to buy 3.5 million tons of grain of the new harvest, according to the corporation’s press service.
Also, the press service reported that the corporation purchased 3.15 million tons of grain worth over 11 billion UAH in the 2015/2016 marketing year. (Ukrinform/Business World Magazine)
Ukrainian Railways (Ukrzaliznytsia) has signed the memorandum with the Center for Steel Industry Supply (Poland) to boost freight traffic across the borders of two countries. This is reported by the Ukrzaliznytsia press service. “According to the memorandum, the parties expressed their intention to cooperate to boost freight traffic across the state border between the two…
DetailsOn July 20, Ukraine International Airlines received the brand new Boeing 737-800 NG aircraft manufactured at Boeing facilities in Seattle, the US. The new Boeing 737-800 NG aircraft can accommodate 186 passengers in two class seating configuration. The aircraft passed an official registration procedure in Ukraine and received the UR-PSR registration number. Therefore, Ukraine International…
DetailsA new modern dock, manufactured by UkrOboronProm Kherson State Plant “Pallada”, arrived to the customer in South Africa. The total contract value amounts to almost 250 million UAH. The dock was transferred in late April, at the presence of the President of Ukraine Petro Poroshenko, after 2.5 months the dock entered the port of the…
DetailsIn order to facilitate cross-border gas flows and provide free and non-discriminatory access to the gas transmission infrastructure, the National Gas Transmission Company Transgaz, Romania, and Natural Gas Transmission System Operator of Ukraine Ukrtransgaz have signed the interconnection agreement for the interconnection point “Isaccea” located at the Ukrainian-Romanian border near Orlovka (on the territory of…
DetailsThe newly created Ukrainian airline Anda Air, which plans to perform charter flights, has received its first aircraft McDonnell Douglas MD-83. Company co-founder Serhiy Shamenko said the aircraft arrived at Kyiv Airport on July 19. Speaking about plans for the first flights, he said there were such plans, however the company needed to perform a…
DetailsIn 2016 Ukrainian farmers may gather one of the richest grain harvests. Amid low world prices and strong competition, the issue of new markets searching becomes highly important. Considerable increase in wheat imports is expected from several countries: Egypt, Korea, Turkey, Saudi Arabia and Morocco. Growing demand of Korea for wheat imports provides Ukrainian grain…
DetailsNew technologies in transport sector such as Hyperloop, will be a priority of Russia’s national technological initiative, presidential aide Igor Levitin said. “Currently there is a new form of transport – Hyperloop. There have not been any new means of transport for about 50 years. That is why everyone wants to find the most effective…
DetailsAnalysis of rapeseed and its processed products exports shows typical reduction of rapeseed supply to foreign markets in favor of its processed products export shipments – rapeseed meal and rapeseed oil. This is evidenced by rapeseed crushing increase in the country. For instance, in the 2015/2016 marketing year the share of crushed rapeseed in total…
DetailsIn Q2, the National Bank of Ukraine received 163 million UAH from the sale of assets pledged as collateral by insolvent banks against refinancing loans. The proceeds from the sale of collateral more than doubled compared with the amount received in Q1 (92.3 million UAH), bringing the total amount recovered by the NBU in H1…
DetailsIn January-May, Russia increased cereal crops export volumes by 50.1% YoY, to 12.275 million tons, the Federal State Statistics Service (Rosstat) reported. In the reporting period wheat and meslin traditionally formed the basis of grain export supplies – 8.338 million tons, up by 91.7% YoY. The exports of corn grew by 71.7%, to 2.751 million…
DetailsIn 2016/2017 MY the general grain production in Ukraine (excluding the Crimea) will total 60.55 million tons, the balance sheets of NGO “Economic discussion club”, supported by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, informed. The export potential of Ukrainian grains in the new season is forecast at 38.177 million…
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