Ukraine: flour winning new markets

Ukrainian flour exports hit a 20-year high of over 340 KMT in the 2015/2016 season. As expected, the upward trend in flour supplies from the country continued into MY 2016/2017. Global trends also contribute to growth of flour exports. The world’s demand for flour has increased by 15-20% over the last 4-5 years. Noteworthy is…

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Kazakhstan: S&P affirms ratings on Delta Bank

The international rating agency StandaS&P Global Ratings has affirmed its ‘D/D’ long- and short-term issuer credit ratings on Kazakhstan-based Delta Bank, the rating agency said in a message. At the same time, the agency affirmed the ‘D’ Kazakhstan national scale rating. S&P also affirmed its ‘D’ issue-level ratings on its senior unsecured bonds. “The affirmation…

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Kyrgyzstan: “smart” meters to be bought at the expense of Development Fund

A new batch of “smart” meters will be purchased in Kyrgyzstan at the expense of the Russian-Kyrgyz Development Fund, Information Support Department of the government reported. The Prime Minister of Kyrgyzstan Sooronbay Jeenbekov held a working meeting to discuss issues related to the purchase of meters for the automatic system for commercial accounting of power…

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