20.01.2017

Ukraine: European market of top priority

The market of the European Union is one of the top-priority ones for products of Ukrainian agrarians, the Head of the State Service on Food Safety and Consumers Protection Volodymyr Lapa declared

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Ukraine: 4.8 million tons of barley exported in 2016

In 2016 Ukraine exported 4.8 million tons of barley, up by 170 thousand tons YoY, the State Fiscal Service of Ukraine reported. Barley export declined in monetary terms to $665

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Estonia: milk retail price reaches 55 cents per liter

After a long period of low milk purchase prices in Estonia, milk retail prices in the Baltic country have increased twice, reaching the point where farmers received just enough to cover milk production costs

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Latvia: Parliament supports amendments to avoid expensive land-measuring actions

It will no longer be necessary to prepare land border plan for entry of land units in the Land Book. It will help save budget funds, as it will not be necessary to perform land-measuring actions, as reported by Saeima press-service

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Ukraine: Odessa Sea Port Authority issues ice advisory

Inchcape Shipping Services (ISS) is warning that an ice advisory has been issued by Odessa Sea Port Authority due to ice forming in the port harbor, the company said in its press release

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Ukraine: Ukrenergo to modernize energy system in cooperation with KfW

Ukrenergo National Power Company considers involving the German development bank KfW in the modernization of Ukraine’s energy system. “Ukrenergo and KfW have been long-standing strategic partners

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Ukraine: NABU not to close Energoatom bribe case

The pretrial investigation into facts of taking bribes in procurement tenders held by National Nuclear Generating Company Energoatom to buy equipment from Czech Skoda JS known in mass media as the Martynenko (former MP Mykola Martynenko) case will be continued

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Ukraine: Ukrzaliznytsia transferred to government’s management

Ukraine’s Cabinet of Ministers has transferred public joint-stock company Ukrzaliznytsia to the management of the government to increase efficiency of its corporate management, Secretary of the Infrastructure Ministry of Ukraine Adnriy Haluschak has reported

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Belarus: considerable part of Russia’s demand for milk satisfied

Belarus satisfies a considerable part of Russia’s demand for milk, Member of the Board (Minister) for Industry and Agribusiness of the Eurasian Economic Commission (EEC) Sergei Sidorsky said

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Uzbekistan: over 8.2 million tons of grain produced in 2016

The implementation of numerous measures on agriculture development for the period 2016-2020, aimed at ensuring increased yields and productivity of agricultural products, the expansion of cultivated lands for growing fruit and vegetables, resulted in increased volumes of products (services) in agriculture, forestry and fishing at 6

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Uzbekistan: sale of state properties simplified

President of Uzbekistan Shavkat Mirziyoyev has signed a decree “On measures to further simplify and accelerate sale of state properties to be used for business purposes”

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Tajikistan: ADB assistance to be around $107 million in 2017

The Asian Development Bank (ADB) has released its updated 2017 to 2019 country program for Tajikistan. In accordance with this program, ADB will support energy and road development, improving food security, strengthening investment climate, inclusive health, and sustainable urban infrastructure in the country, according to the message posted on the bank’s website

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Ukraine: new head of USPA criticizes Odessa port management

The Acting CEO of Ukrainian Seaports Authority Raivis Veckagans held a meeting at the port of Odessa, during which he criticized the port’s management

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19.01.2017

Ukraine: rice imports down in 2016

Rice imports to Ukraine continued shrinking this season. Ukraine imported 14 KMT of rice from July till November 2016/2017, down by 35% YoY. India continues to be Ukraine’s traditional rice supplier, though with noticeably reduced shipments

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Ukraine: record volumes of sunflower oil exported in 2016

Last year, Ukraine supplied 4.8 million tons of sunflower oil to foreign markets, up by 23% YoY, which became a record, the association of enterprises for vegetable oils and fats production and processing Ukroliyaprom declared

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Ukraine: Astarta boosts production in all business segments in 2016

The operation results of Astarta agroindustrial holding improved in all business segments in 2016, the company’s press service reported

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Ukraine: 4 international companies supplying gas

Four international companies are supplying imported gas to Ukraine to sell it to local consumers, Commercial Director of the national joint-stock company Naftogaz Ukrainy Yuriy Vitrenko reported

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Russia: Vladivostok SFP fish throughput up in 2016

In January-December 2016 Vladivostok Sea Fishing Port (Vladmorrybport OJSC) handled 327,000 tons of fish cargo (up by 6.3% YoY) Transshipment of containers totaled 142,364 TEUs (+10

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Moldova: settling Transdniester debt to Gazprom hard

Moldova has outlines for settling its debt to Russian gas giant Gazprom, but the debt of the breakaway Transdniester republic is a complicated issue, Moldovan President Igor Dodon said

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Ukraine: Kernel Holding S.A. rated preliminary ‘B’

S&P Global Ratings assigned its preliminary ‘B’ long-term corporate credit rating to Kernel Holding S.A. (Kernel), a Ukraine-based producer and exporter of sunflower oil and grains

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Ukraine: Naftogaz not to clear $5.3 billion bill until Stockholm arbitration decision issued

National joint-stock company Naftogaz Ukrainy has confirmed that it received a $5.3 billion bill from Russia’s Gazprom for gas the company did not order in 2016

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Belarus to implement new projects with Austria’s Kronospan

Belarus is eager to implement new projects with Austria’s Kronospan Group, Belarusian Prime Minister Andrei Kobyakov said as he met with Kronospan owner Peter Kaindl on January 18

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Uzbekistan: FEZ “Jizzakh” produces 255.2 billion soums worth of goods

The presidential decree “On additional measures for the intensification and expansion of activities of free economic zones” dated October 26, 2016 serves as an important guide to action in creating a more favorable investment climate, expanding privileges and preferences

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Ukraine: Naftogazvydobuvannya begins drilling new well

Naftogazvydobuvannya operated by DTEK Naftogaz has commenced drilling a new well at Semirenkivske gas and condensate field. The project will employ new engineering solutions and environmental approaches

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18.01.2017

Ukraine: money stock up in December 2016

Money supply in Ukraine in December 2016 increased by 5.4%, to UAH 1.102 trillion, according to preliminary monetary statistics data, posted on the website of the National Bank of Ukraine (NBU)

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Ukraine: Viktor & K increasing oilseed crushing capacity

The private enterprise Viktor & K (“Korolivsky Smak” brand) is planning to launch a soybean crushing plant in autumn. The new plant will create some 1,000 jobs

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Ukraine: official unemployment rate up in December 2016

In December 2016 the official unemployment rose by 0.2% to 1.5%, the State Statistics Service has said this in a statement. As of January 1, 2017 the State Employment Service registered 390,800 unemployed people

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Ukraine: car production down in 2016

Production of passenger cars in Ukraine in 2016, according to preliminary data from the Ukrautoprom association, decreased by 23.2% YoY, to 4,340 units

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Belarus: Domostroenie exports of wooden houses to France to double

The Domostroenie branch of the Shklov-based newsprint mill will build and ship more than 70 frame-panel houses to France in 2017 or twice as much as in 2016, representatives of the company reported

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Uzbekistan: over 218 thousand small businesses operating

Comprehensive measures to further improve the business environment, to ensure reliable protection of small business and private entrepreneurship, to remove the barriers for their comprehensive support and accelerated development contributed to the creation of some 31 thousand new small businesses in 2016, according to SSC information service

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Ukraine: Gazprom bills Naftogaz $5.3 billion for gas under take-or-pay provisions for 2016

Gazprom has billed Naftogaz Ukrainy $5.3 billion for not accepting contracted take-or-pay provisions for gas. If that amount is included in the earlier declared claims in the Stockholm arbitration case, the amount of claims in the case of fulfilling the contract on supplies will grow to $37 billion, which makes up more than half of Gazprom’s capitalization of $61 billion

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Kazakhstan: gold production up in 2016

Kazakhstan produced nearly 74.63 tons of unprocessed, semi-processed and powder gold in January-December 2016, up by 17.3% YoY, the Kazakh Statistics Committee said

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Ukraine: Fitch rates Kernel’s planned eurobond ‘B+(EXP)’

Fitch Ratings has assigned Kernel Holding S.A.’s planned benchmark USD unsecured eurobond an expected rating of ‘B+(EXP)’, Fitch said in a press release

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17.01.2017

Ukraine: customs experiment allows collecting extra UAH 2.8 billion for road repairs

A customs experiment introduced by the government of Ukraine in September 2015 allowed in 2015-2016 to collect an additional UAH 2.8 billion to local budgets for road infrastructure repairs, of which nearly UAH 1

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Ukraine: more low cost airlines to operate in 2017

Infrastructure Minister of Ukraine Volodymyr Omelian says that more low cost airlines would operate in Ukraine in 2017. “As to the low cost airlines – this year they definitely will operate in Ukraine

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Ukraine: gas stocks down 25% in three months of heating season

Gas stocks in Ukraine’s underground storage facilities declined by 25% or 3.677 billion cubic meters to 11.055 billion cubic meters since October 13, 2016 when the current heating season began, through January 14

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Uzbekistan: President charges to increase exports

The President of Uzbekistan Shavkat Mirziyoev had marked the main task of 2017 during his speech at the Cabinet of Ministers’ expanded session

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