Flour production in Ukraine continued shrinking in November: 176.1 KMT was produced last month, down by 6.4% YoY. Ukrainian flour output for the eleven months of 2016 was down by 5% YoY. About 1.749 MMT of flour was made from January till November against 1.843 MMT in the same period last year. At the same…Details
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The expansion of EU exports quotas for Ukrainian goods is a top priority for the Ukrainian government, Deputy Minister of Economic Development and Trade, Ukraine’s Trade Representative Natalia Mykolska has said. “We are working with the European Parliament and EU member states to accelerate making the decision. We expect that in the near future when…Details
Estonian Maritime Administration continues its work on a push to attract shipping firms to register their ships in Estonia by offering e-registration and a reduced tax burden. Even though the Maritime Administration has been working out the plan for more than four years, progress could be reached after Estonian Prime Minister Juri Ratas announced that…Details
Odessa Port-Side Plant is in the hardships today due to the unfavorable situation on the global fertilizer market, ineffective management and using it in the corruption purposes and for various frauds, Ukrainian Prime Minister Volodymyr Groysman has said. “Now we see the fact of ineffective management of the plant, including by the State Property Fund.…Details
The meeting of the Board of the International Monetary Fund (IMF), which will consider granting Ukraine the next tranche under the EFF program, may be held in late January 2017, Finance Minister Oleksandr Danyliuk has said. “Indeed, after the adoption of the budget we got closer to receiving the next tranche. The Cabinet of Ministers…Details
Total cereal production is anticipated to reach a new record in 2016. Most of the increase is due to a well above-average wheat crop production, which is estimated to rise by 40% from the 2015 level. Wheat production is set at 200 thousand tons in 2016, following increased planting area and very good yields. Similarly,…Details
Amkodor-Bryansk Ltd, a Russian affiliate of Minsk-based OAO Amkodor, plans to assemble 30 power loaders per month in 2017, the Russian companies said in a press-release. After increasing the share of local parts and components, Amkodor-Bryansk is expected to increase monthly output to 50 units in 2018. Amkodor-Bryansk is Amkodor’s key importer in Russia, with…Details