An association of tea producers and exporters will be established in Azerbaijan, Rufat Mammadov, head of the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), said. “We are working on this and an association will be established soon,” he added. “Moreover, we are working to establish associations of producers and exporters of date and tobacco.” Sectoral…
Juice and sauce producer Orkla Foods Latvija owned by the Norwegian conglomerate Orkla Group is investing 122 thousand euros in a new production line and in the development of new product-packaging design. Representatives of the firm unveiled: “In the factory located in Spilve, Babites novads, works have been launched to install a new production line.…
Ukraine continued increasing flour exports at the beginning of 2017-2018: the country exported 72 KMT in the first two months of the season, or 20% more than at the same time last year (60 KMT was shipped abroad in July-August 2016). China is still the key end market for Ukrainian flour and keeps stepping up…
Kernel, a large agroholding in Ukraine, seeks to invest $130 million in construction of an oilseed crushing plant in Khmelnytsky region. The company said in a press release that the commissioning of the plant was scheduled for 2020. The installed processing capacity of the plant will be 1 million tons of sunflower seeds per year.…
Production of milk in Ukraine in January-September (excluding the temporarily occupied territory of Crimea and Sevastopol, part of the ATO zone) decreased by 0.9% YoY, to 8.109 million tons. According to the State Statistics Service, egg production increased by 1.6%, to 12.117 billion units. Production of meat (live weight) in January-September grew by 0.1%, to…
Azerbaijan’s export of fruit and vegetable products increased by 63% in terms of volume in January-September as compared to the same period 2016, said Chairman of the State Customs Committee Aydin Aliyev. Aliyev made the remarks addressing an Azerbaijani-German business forum in Baku on October 11. He noted that during the period, export of plastics…
Alcohol excise duty will bring in some EUR 80 million less than estimated by the Ministry of Finance to Estonian state coffers next year, says the Estonian Institute of Economic Research (EKI), according to which this year’s revenues from the duty are smaller in absolute terms despite a steep rate hike. “The price difference with…