Belarus: hundreds of state-owned farms subject to pre-trial financial readjustment

As many as 323 partially or fully state-owned agribusiness companies in Belarus are subject to pre-trial financial readjustment, while another 102 farms face bankruptcy, in accordance with the government’s resolution No. 889 dated October 31. As previously reported, Belarus authorities gave the green light to selling or leasing insolvent state-owned farms and agricultural companies. Belarus’…

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Ukraine: EIB to finance grain logistics projects

The European Investment Bank (EIB) is considering the possibility of financing the projects of Ukrainian grain market operators to expand and modernize their logistics infrastructure, according to the website of this international financial institution. “The project is expected to remove existing bottlenecks related to transportation and storage of cereals, reduce the in-land transportation costs as…

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Bulgaria: wheat opens new markets

According to the president of Bulgarian Association of Grain and Feed Traders (BAGFT) Martin Rusev, wheat exports are estimated at 3.9 MMT in the 2016/2017 MY, of which 2.1 MMT were shipped abroad in July-October. This part of grain was supplied to the European Union, and wheat was mainly forage (1.8 MMT). Rusev believes that…

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