Increased electricity bills are eating away at the stocks entrepreneurs have managed to save up during the coronavirus crisis. Bakeries say that rising energy, raw material and labor prices will eventually lead to higher product prices. Sports club and waterpark Reval Sport is on a stock exchange price contract for electricity and board member Aldur…
Uzbekistan’s State Asset Management Agency (SAMA) intends to sell 99.7% in the share capital of JSC Kokand Biohim, the country’s largest producer of ethyl alcohol. The leading consultant for this transaction is the international company Deloitte. Founded in 1993, JSC Kokand Biohim produces 4,020 thousand dekaliters per year. Along with the production of alcohol, the…
According to the trade monitoring data from January to September 2021, Ukraine ranked 4th in EU’s agri-food imports and 14th in agri-food exports from EU countries. The information on the results of EU agri-food trade in January-September 2021 was published on the website of the European Commission. The results concerning Ukraine are reflected in the…
In September-November 2021, Ukraine reduced exports of sunflower oil by 15% YoY, to 1.35 million tons due to falling demand from China and India, the Ukroliyaprom Association reported. In particular, India, the main buyer of Ukrainian sunflower oil, reduced its imports during the specified period by 11.5%, to 466.5 thousand tons, although in 2020-2021 it…
In January-November 2021, Uzbekistan exported 1,392.6 thousand tons of fruits and vegetables worth over $863.1 million (the rate of decline compared to the same period in 2020 was 7.8%). According to the State Statistics Committee, the main countries purchasing Uzbekistan’s fruits and vegetables are Russia, Kazakhstan, Kyrgyzstan and China. The largest volume in value terms…
Because of the rising costs of raw materials and energy resources the situation in the dairy industry is currently tragic, as dairy companies are forced to work below operating costs and there is a risk of multiple businesses going bankrupt, admits the board chairman of Latvian Dairy Committee (LPCS) Janis Solks. “It’s not just serious…
Sugar factories of Poltava region produced 166.5 thousand tons of sugar. According to Sergiy Frolov, the director of Department of Agri-Industrial Development of Poltava Regional State Administration, agrarians of Poltava region finished sugar beet harvesting. This year, 1.75 million tons of beets were harvested from the area of almost 26,000 hectares. According to this indicator,…