As of today, there are only 12,000 tons of petroleum products out of 42,000 required for spring fieldwork, the Prime Minister of Kyrgyzstan Sooronbay Jeenbekov said at a cabinet meeting. According to him, readiness for spring work is not at an adequate level. Readiness of agricultural machinery comprises only 70%. This figure reaches 52% in…Details
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The Ukrainian pilot service market should be demonopolized in the near future, Ukrainian Infrastructure Minister Volodymyr Omelyan has said. “I think that Delta-Pilot monopoly is wrong. I think that if we reduce port tariffs and duties, it would be absolutely logical to make the same step in pilot services. If we speak about the creation…Details
Large and medium-sized crushers of Ukraine produced 2.5 KMT of rapeseed oil in December 2016 against 2 KMT in November 2016 and 7.2 KMT in December 2015. Rapeseed oil production at Ukraine’s large and medium-sized plants has amounted to 61.6 KMT since the beginning of the season 2016/2017, or down by 52% YoY. Analysts note…Details
The USA are ready to negotiate the supply of Ukrainian organic wheat to its domestic market, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared. According to him, the USA have very overregulated laws in the sphere of food safety. It is quite difficult to enter its market with new products. But…Details
In January Ventspils Freeport terminals transshipped 2.5 million tons of cargoes, up by 40% YoY, as reported by the freeport’s public relations manager Inga Ievina. She noted that January has been passed successfully by the port – the volume of ro-ro cargoes and coal has increased, as have oil products, iron and iron-ore concentrates. Ievina…Details
Exports of Ukrainian food to the United Arab Emirates (UAE) fell by 19% in 2016, to $106 million, the Ukrainian Food Export Board (UFEB) has reported. “In 2013-2015 revenue from food supplies to UAE fell from $165 million to $134 million, and in January-November 2016 we had $106 million. The trend is disappointing,” UFEB Director…Details
The share of bad and non-performing loans (NPL) today is around 50% of the total loan portfolio of Ukrainian banks, Director of the financial stability department of the National Bank of Ukraine (NBU) Vitaliy Vavryschuk said. “We have revealed during stress tests that the share of these loans is around 50%,” he said. Vavryschuk said…Details