Belarus’ Belagroprombank has announced a special offer (valid from till February 28, 2017) with credits for small business development available at 19% (Belarusian rubles) and 9% per annum (dollar and euro). Belagroprombank’s SME credit offer targets finically stable self-employed businessmen and privately-owned companies with annual proceeds under $5 million and a positive credit history. OAO…
DetailsKyrgyzstan’s President Almazbek Atambayev signed the law on scheduling the referendum on making amendments to the country’s constitution for December 11, said the message posted on the president’s website. During its final reading on November 2, Kyrgyzstan’s parliament approved of the draft law on scheduling the referendum on amending the constitution for December 11. Earlier,…
DetailsKyrgyzstan calls for creation of a development bank and a development fund of the Shanghai Cooperation Organization (SCO) in a short time, Kyrgyz acting Prime Minister Sooronbai Jeenbekov said. “These institutions must become effective instruments of financial support for joint economic projects”, he said. SCO member countries agreed to create a development bank and a…
DetailsThe Cabinet of Ministers of Ukraine takes into account lawmakers’ proposal to retain the 2017 national budget deficit at 3% of the gross domestic product (GDP) when finalizing the draft state budget for the second reading, Prime Minister Volodymyr Groysman has said. “We believe that the balance will be maintained, the deficit will be at…
DetailsUkrainian Energy and Coal Industry Minister Ihor Nasalyk has proposed to put shelf fields seized by Russia to sign product sharing agreements (PSA) with foreign companies. “If we let courts hear all these things, nothing would happen and nothing would be taken from Russia. We have another proposal. I think that it would settle the…
DetailsIn the current season, the prices for rye in Ukraine are comparable to the prices for feed wheat, which will possibly lead to increasing the planted areas of rye, the Commercial Director of Rivne-Boroshno PJSC Roman Tsaruk declared. According to Tsaruk, the composition of Ukrainian soils will contribute to increasing of rye planted areas, because…
DetailsIn 2015/2016 MY, Ukraine increased the export shipment of vegetable oils by containers, the Associated Partner at Global Ocean Link Pavel Mirzak declared. In particular, container shipping of sunflower oil increased by 24% YoY, soybean oil – 4.8 times. In January-August the port of Odessa covered more than half of the container shipment of the…
DetailsUkraine has enough energy at the beginning of winter, Ukrainian President Petro Poroshenko has said. “One of the achievements we showed in the past two years is that today the share of gas-consuming energy in the balance of energy consumption is around 60%. At present we have enough coal stocks and enough gas in storage…
DetailsArcelorMittal Kryvyi Rih has paid over 72 million UAH of losses caused to the state in violation of environment protection legislation as it has been prescribed by court. The company executed the ruling of Dniepropetrovsk commercial court of appeals ordering to pay 72.699 million UAH as a collection of damage caused to the state in…
DetailsIn January-October seaports of Ukraine handled 108,891,000 tons of cargo (down by 8.9% YoY), press center of Ukrainian Sea Ports Authority reported. Transshipment of export cargo totaled 81.82 million tons (-2.8%), imports – 13.418 million tons (-9.8%), transit – 9.025 million tons (-34.9%), inland traffic – 4.627. Container throughput in seaports totaled 498,080 TEUs (up…
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