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Ukraine: HARP to supply bearings to Bulgaria’s MetalAgro AD

UkraineBy admin2017-10-13Leave a comment

Kharkiv Bearing Plant (HARP), a part of UPEC industrial group, has signed a one-year contract to supply bearings to the largest manufacturer of agricultural machinery in Bulgaria – MetalAgro AD. According to the press release of the HARP, earlier MetalAgro AD used HARP AGRO bearings with a tight X-SHIELD sealing sold via HARP dealers. “For…

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Belarus: export of merchandise and services up in January-August 2017

BelarusBy admin2017-10-13Leave a comment

In January-August Belarus’ export of merchandise and services rose by 19.2% YoY, to $22.907 billion, the latest statistics released by the National Bank of the Republic of Belarus (NBRB) shows. Belarus’ foreign trade in merchandise and services totaled $45.338 billion, up by 18.6%. Export amounted to $22.907 billion, up by 19.2%; import rose by 18%,…

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Kazakhstan: unemployment rate stable in September 2017

KazakhstanBy admin2017-10-13Leave a comment

In September the number of unemployed individuals in Kazakhstan was estimated to be 438,900 people, while the unemployment rate was 4.9% of the economically active population (4.9% in August), the Statistics Committee of the Kazakh National Economy Ministry reported. Official figures show that as of the end of September, 128,800 people, or 1.4% of the…

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Kyrgyzstan: national debt up in September 2017

KyrgyzstanBy admin2017-10-13Leave a comment

Over the month, Kyrgyzstan’s national debt grew by $97.71 million. Thus, since the beginning of the year, it has increased by $313.97 million, the Ministry of Finance reported. As of August 31, the state debt was $4,378.71 billion, or 300,764.62 billion soms. $3,984.54 billion (273,690.08 billion soms) is the country’s external debt, and $394.17 million…

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Azerbaijan: banks get CBA’s notes for 150 million manats

AzerbaijanBy admin2017-10-13Leave a comment

The Baku Stock Exchange (BSE) held an auction on placement of short-term notes of Azerbaijan’s Central Bank (CBA) in the amount of 150 million manats with a maturity of 28 days, BSE said. The demand during the auction once again exceeded supply – banks submitted applications for 431.9 million manats. The entire amount put up…

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Ukraine: Kernel to invest $130 million in construction of oilseed crushing plant

UkraineBy admin2017-10-13Leave a comment

Kernel, a large agroholding in Ukraine, seeks to invest $130 million in construction of an oilseed crushing plant in Khmelnytsky region. The company said in a press release that the commissioning of the plant was scheduled for 2020. The installed processing capacity of the plant will be 1 million tons of sunflower seeds per year.…

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Ukraine: production of milk down in January-September 2017

UkraineBy admin2017-10-12Leave a comment

Production of milk in Ukraine in January-September (excluding the temporarily occupied territory of Crimea and Sevastopol, part of the ATO zone) decreased by 0.9% YoY, to 8.109 million tons. According to the State Statistics Service, egg production increased by 1.6%, to 12.117 billion units. Production of meat (live weight) in January-September grew by 0.1%, to…

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Belarus to import cheap electricity after NPP goes online

BelarusBy admin2017-10-12Leave a comment

After the nuclear power plant goes online, Belarus will import electricity if doing so is economically expedient, Belarusian Energy Minister Vladimir Potupchik said during the Belarusian Energy and Ecology Forum on October 11. In basic mode the Belarusian nuclear power plant will generate about 18 billion kWh. It will produce over 40% of the total…

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