With the support of Business Armenia and an investment of several million dollars, a new factory will be found in Armenia. Ghalbourjian Group, in particular, aims to start production of vegetable oil and other additives. In the first stage of the project the firm will be investing $500.000 The plant will be built in the…
Kazakhstan has harvested 18.17 million tons on grain as of October 3. According to the Ministry of Agriculture, farmers have harvested 13,453,700 hectares, which constitutes 89.5% of the areas planted to grain crops, with the average yield of 13.5 hundredweights per hectare. As of October 3, 2017 farmers had harvested 15,170,300 hectares or 99% of…
About 155 tons of grapes have been picked in Georgia’s western Racha region as of September 30. This year 1,500 tons of Mujuretuli and Aleksandrouli grape varieties are expected to be harvested in Racha. 29 wine companies are involved in the grape harvesting process in Racha. Meanwhile, the grape harvest is coming to an end…
In January-July Ukrainian producers of canned fish exported 2,702 tons of products to the tune of $4.6 million, up by 31% YoY. “As the State Statistics Service of Ukraine reports, in January-July Ukraine exported 2,702 tons of finished fish and canned fish products to the tune of $4.6 million. In monetary terms, the exports showed…
Lithuanian agriculture minister Giedrius Surplys has called on the European Commission to cover losses incurred by the country’s farmers from drought and swine fever. According to the minister, Lithuanian farmers are estimated to have incurred 0.5 billion euros in losses due to drought over the last summer. (BNN/Business World Magazine)
Saeima’s Economic, Agricultural, Environmental and Regional Policy Committee supported in the third reading amendments to the Handling of Alcoholic Beverages Law, which provided that small breweries would be allowed to produce drinks using berries, fruit and plants that grew in the wild or cultivated in gardens in Latvia. Amendments are intended to define that small…
Avangard plans to recover the second position in the list of the world’s largest egg producers, lost as a result of military aggression in Donbas, Oleg Bakhmatyuk, owner of UkrLandFarming (ULF) and Avangard, announced. “Over the past four years we have invested more than $2.2 billion in agricultural assets in Ukraine. We are working to…