Urkaine: Economy Ministry announces launch of DoZorro public procurement monitoring portal

An Internet portal for public procurement monitoring – DoZorro – will be launched on November 1, the Ukrainian Economic Development and Trade Ministry’s press service report

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Belarus expects flow of Russian oil to resume

Belarus expects oil delivery from Russia to resume, Igor Lyashenko, Chairman of the Belarusian petrochemical concern Belneftekhim, reported. According to the source, the Belarusian petrochemical concern Belneftekhim is in “standby mode” now

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Kazakhstan: new way of foreign manpower quota allocation introduced

From the next year annual maximum number of foreign workers arriving in Kazakhstan will be split among the sectors of economy, Minister of Health and Social Development of Kazakhstan Tamara Dyussenova has said in the briefing in the Foreign Minisry

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Belarus to construct road from Kazakhstan to Bryansk

Belarusian specialists might participate in the construction of the “Meridian” road route from Kazakhstan to Bryansk, which will be 2 thousand km long

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Kazakhstan: Azerbaijan to boost fruit and vegetable exports

Azerbaijan intends to strengthen partnership with the regions of Kazakhstan. “The Azerbaijani side will try to find common interests regarding the supply of certain goods and raw materials, boost the export of fruit and vegetables to the Kazakh market, including the Atyrau region”, Ambassador of Azerbaijan to Kazakhstan Rashad Mammadov said

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Kazakhstan not ready to cut oil production

Kazakhstan was not ready yet to cut its oil production volumes, Deputy Minister of Energy Magzum Mirzagaliyev said at the first meeting of the OPEC special committee for oil output freeze in Vienna, Austria

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Kazakhstan: PM checks construction of EXPO 2017 facilities in Astana

As part of the country’s preparation for the Astana EXPO 2017, Prime Minister Karim Massimov has surveyed construction sites of the Congress Center, Hotel Complex, EXPO Office, EXPO Town and international pavilions, the PM’s press service informs

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Kazakhstan: investors to build Disneyland at Khorgos

President of the Khorgos International Near-Border Cooperation Center Kakharman Jazin says that investors offer to build Disneyland in the Kazakh part of the Center

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Uzbekistan: US interested in development of ties

The US leadership is interested in consistent and stable development of multifaceted relations with Uzbekistan, US Under Secretary of State for Political Affairs Thomas Shannon said

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Ukraine: poll shows most Ukrainians support NBU head Gontareva’s resignation

Some 68.9% of Ukrainians are ready to support the appeal of People’s Deputies to the President Petro Poroshenko, demanding the resignation of the head of the National Bank of Ukraine (NBU) Valeria Gontareva, according to public opinion monitoring of the Social Monitoring center and the Ukrainian Institute of Social Research named after Yaremenko together with the Institute of Economics and Forecasting of the National Academy of Sciences of Ukraine

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Ukraine: Ukrtransgaz and Engie sign agreement on gas storage in Ukrainian UGS

PJSC Ukrtransgaz and French company Engie have signed an agreement on cooperation for natural gas storage in Ukrainian underground gas storage facilities (UGS)

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Ukraine: Groysman calls on French businessmen to invest

Prime Minister of Ukraine Volodymyr Groysman during a meeting with French business representatives has urged the businessmen to invest in Ukraine

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Ukraine: Russian airlines fined for flights to annexed Crimea

Ukraine has issued 721.236 million UAH (about $28.25 million) of fines for Russian airlines flights to the annexed Crimea in violation of Ukrainian and international laws, Ukraine’s State Aviation Service reported

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Ukraine: budget deficit at 20.4 billion UAH in September 2016

The deficit of Ukraine’s national budget in September amounted to 20.465 billion UAH, while in August its surplus reached 7.008 billion UAH, according to the website of the State Treasury Service of Ukraine

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Hungary to allocate EUR 50 million to build a road in Ukraine

Hungary is ready to allocate EUR 50 million under a project for the construction of a bypass road around the west-Ukrainian town of Berehove and a road that will link Berehove with Mukacheve, Hungary’s Minister of Foreign Affairs and Trade Peter Szijjarto has said

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Ukraine: Poroshenko signs bill to ban farmland sale

Ukrainian President Petro Poroshenko has signed a bill on prolongation of a moratorium to sell farmland in Ukraine until 2018 passed by Ukraine’s Verkhovna Rada on October 6

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Ukraine: Competition Agency fines seven oil traders for collusion

Ukraine’s Antimonopoly Committee has fined seven oil traders 204.325 million UAH for collusion in setting fuel prices. According to the committee, OKKO Naftoproduct was fined for 77

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Ukraine: Kyiv city’s budget gets extra 4 billion UAH

Lawmakers of Kyiv City Council have revised the budget and the city’s social and economic development program for 2016. The press service of Kyiv City Administration reported that in January-September the budget received 27

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Ukraine: Roshen receives $72.1 million of dividends for 2014-2016 from operation of Lipetsk assets

Roshen Corporation received $72.06 million of dividends from operation of its Lipetsk assets for 2014-2016 and the money was moved to Ukraine

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Ukraine: Health Ministry signs procurement agreement with Crown Agents to use 2016 budget funds

Ukraine’s Health Ministry has signed a medicine procurement agreement with Britain’s Crown Agents to use 2016 budget funds. Crown Agents reported that the agreement was signed on October 27

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Ukraine counts on EP’s decision on visa-free travel by November 21, 2016

Chairman of the Verkhovna Rada of Ukraine Andriy Parubiy and chairman of the European Parliament Committee on Foreign Affairs Elmar Brok called on the European Parliament to vote for the introduction of the visa-free regime with Ukraine by the Euromaidan anniversary dated November 21, 2016

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Ukraine: NBU to replenish state budget with 14 billion UAH in November-December 2016

The National Bank of Ukraine (NBU) intends to replenish the national budget in November and December, transferring tranches in the amount of 14 billion UAH and 14

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Ukraine: IMF mission to arrive in November 2016

A mission of the International Monetary Fund (IMF) will arrive in Ukraine in early November, Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva said

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Europe: gas transit via Ukraine top priority for relations with Gazprom

Continuation of the gas transit via Ukraine remains a strategic priority for the European Union (EU) in the context of its relations with Russia’s Gazprom, European Commission Vice President Maros Sefcovic has said

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Ukraine: Fat-and-Oil Industry-2016 starts with new tank complex opening

On October 26, the work of the fifteenth anniversary international conference “Fat-and-Oil Industry – 2016” started with the ceremony of opening of a new tank complex at LLC NE Terminal UPSS, located on the territory of the Dnepr-Bug Sea Port, in Mykolaiv

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Ukraine: EU becomes linseed top buyer

In September Ukraine exported 4.3 KMT of linseed compared to 2.5 KMT in August and 4.6 KMT in September 2015. The third season in a row the decrease in export volumes for the first month of the season has been observed

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Belarus: 2017 budget surplus approved at Br1.496 billion

The 2017 budget bill has been passed into law with a surplus worth Br1.496 billion ($787.203 million). The government posted the document on its official web site for legislative information on October 26

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Belarus: Grodno Azot nitrogen fertilizer exports down in January-August 2016

Belarus’ chemical company OAO Grodno Azot said its nitrogen fertilizer exports reduced by 16.2% YoY in January-August 2016 to 215,700 tons (in terms of 100% nitrogen), a source in the profile ministry reported

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Ukraine: NBU to get fourth IMF tranche of $1.3 billion by year end

The National Bank of Ukraine (NBU) still hopes by the end of the year to get the fourth tranche from the International Monetary Fund (IMF) under the EFF program in the amount of $1

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Belarus: cargo traffic down in January-September 2016

Belarus’ cargo traffic by all means of transport reduced by 4.3% YoY in January-September to 323.312 million tons, the National Statistics Committee of Belarus (Belstat) said in a report

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Belarus: slow vegetation of winter crops to continue

Since the start of the grain sowing and till October 20, the amount of the accumulated effective warmth was 20-40% lower than last year. Due to this winter crops were developing rather slowly and now development pace lags behind last year

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Azerbaijan to participate in OPEC’s Vienna meeting

Azerbaijan’s Energy Minister Natig Aliyev will participate in the OPEC High Level Committee Meeting on implementation of Algerian agreements of OPEC and non-OPEC states, to be held in Vienna in late November, the Azerbaijani Energy Ministry said in a message

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Azerbaijan to share energy experience with South Africa

Azerbaijan is ready to share its experience in the field of energy with the Republic of South Africa and to assist it in development of a massive energy-producing potential, Azerbaijan’s Energy Minister Natig Aliyev said

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Azerbaijan: Sumgait chemical park residents to start working in 2017-2018

Residents of the Sumgait Chemical Industrial Park (SCIP) will start production in 2017-2018, Azerbaijan’s Deputy Economy Minister Niyazi Safarov reported

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Turkmenistan and Qatar to expand business ties

Turkmen President Gurbanguly Berdimuhamedov and Qatar’s Sheikh Faisal Bin Qassim Al Thani, the head of Al Faisal Holding, stressed at the meeting that the fuel and energy sector, transport and communications were priority vectors of cooperation between Turkmenistan and Qatar, the Turkmen government said in a message

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Turkmenistan: President and CIFAL head mull co-op prospects

Turkmen President Gurbanguly Berdimuhamedov and Gilles Remy, head of the French CIFAL company, exchanged views on the prospects of partnership as part of the priorities of socio-economic development of the country and joint work experience

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Turkmenistan: John Deere offers agriculture equipment

The US company John Deere is ready to offer cotton and grain harvesters, tractors, as well as various agricultural equipment to Turkmenistan, Mark von Pentz, president of the company’s Agriculture and Turf Division of Europe, CIS, Asia, Africa and Global Tractor Platform, said

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Turkey: new fruit appears

Turkey has received the first dragon fruit harvest (pitaya), after a year of preparation. This fruit of Vietnamese origin has adapted well to the climatic conditions of this region, mainly planted with citrus, but also strawberries and bananas

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Ukraine: minimum wage to grow from January 1, 2017

Ukrainian President Petro Poroshenko, the government and parliamentary coalition factions have decided to raise the minimum wage in Ukraine from January 1, 2017 to 3,200 UAH, the Ukrainian president said after talks with Ukrainian Prime Minister Volodymyr Groysman

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Kazakhstan to participate in OPEC meeting in November 2016

Kazakhstan plans to participate in the OPEC meeting on November 30, in Vienna, Kazakh Energy Minister Kanat Bozumbayev said. Earlier OPEC sent invitations to 12 non-member countries to attend the next OPEC meeting

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Kazakhstan to launch new flights in 2017

Kazakhstan negotiates the launch of new routes during Expo 2017 exhibition in Astana with several foreign airlines, Kazakh Prime Minister’s official website reported with the reference to Investment and Development Vice Minister Berik Kamaliyev

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Kazakhstan: milling wheat prices strengthen

Last week growing of milling wheat prices was noted on the export market of Kazakhstan. Factors of price support: – increased demand from major importers; – strengthening of national currency; – increase in milling wheat prices in the Black Sea region

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Kazakhstan: 23.6 million tons of grains harvested

According to the regional agricultural departments, as of October 27, agrarians harvested grains throughout 15.34 million ha, or 99.9% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Ukraine: NBU cuts refinancing rate

The National Bank of Ukraine (NBU) from October 28, cuts refinancing rate from 15% to 14%. The central bank said in a press release that the decision on the size of the refinancing rate was approved by its board on October 27

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Ukraine: Lemtrans transports 44.6 million tons of freight over January-September 2016

Lemtrans freight forwarding company transported 44.6 million tons of various cargoes from January through September. The company carried 46.5 million tons over the same period in 2015

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Ukraine: PJSC SFGCU exports over 15 thousand tons of flour in Q1 2016-2017

In the first quarter of 2016/2017 MY, PJSC State Food and Grain Corporation of Ukraine shipped 15.1 thousand tons of flour to foreign markets, up by 6

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Ukraine: flour output down in January-September 2016

In January-September Ukrainian flour milling enterprises produced 1.392 million tons of flour, down by 5.6% YoY, the State Statistics Service of Ukraine declared

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Ukraine: EU to help protect household consumers on energy market

The European Union (EU) is ready to pay attention to the protection of rights of households as part of the provision of technical assistance to Ukraine in reforming the energy market, Secretary of Competitive Policy and Energy Markets at the Delegation of the European Union to Ukraine Jose Manuel Hernandez has said

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Ukraine: daily gas imports from Slovakia set new record

On October 22, Ukraine imported record-breaking 42.016 million cubic meters of natural gas from Slovakia, according to the data from public joint-stock company Ukrtransgaz

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Azerbaijan: companies to be at international fair in Uzbekistan

Azersun Holding and other big Azerbaijani companies will participate in the first International Fruit and Vegetable Fair in Tashkent, to be held on November 8-10, Jahangir Aminov, adviser to the Uzbek ambassador to Azerbaijan, said

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Azerbaijan: taxes on transshipment of transit goods removed

Azerbaijan’s President Ilham Aliyev has signed a decree on application of the “Law on Amending Tax Code of Azerbaijan” adopted by the country’s parliament on September 30

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Azerbaijan launches new ferry on Trans Caspian route

Azerbaijan Caspian Shipping CJSC has launched Shahdag ferry for traffic on the Trans-Caspian International Transport Route, the CJSC said in a message

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Turkmenistan: Ashgabat implementing major project on energy supply

A major project is being implemented in order to improve reliability of power supply of Ashgabat city. Dozens of modern transformer substations have been built within this project, including 5 substations with voltage of 220 kV, 22 substations with voltage of 110 kV and 29 substations with voltage of 35 kV

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Azerbaijan: another 80 enterprises up for privatization

As many as 78 state enterprises and facilities will be put up for privatization of the State Property Issues Committee of Azerbaijan on November 22, the message of the committee said

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Belarus: poultry farms to obtain European product certificates

Belarusian producers of poultry meat have plans to obtain certificates to sell products to the European Union, Alexei Bogdanov, the head of the main division for foreign economic affairs at the Agriculture and Food Ministry of Belarus, reported

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Belarus and Yaroslavl region agree to advance cooperation

Belarus and Russia’s Yaroslavl region have agreed to advance relations in manufacturing cooperation, road construction and pharmaceutics, the press service of the Embassy of Belarus in Russia reported

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Belarus: Baranovichi machine tool factory to sell to Hungary

In the near future the machine tool factory based in Baranovichi, Brest region, intends to start selling merchandise to Hungary, the head of the enterprise’s Marketing Office Dmitry Krivorot reported

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Azerbaijan: A.M. Best affirms AzRe rating

A.M. Best, the world’s oldest and most authoritative insurance rating and information source, has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of “bbb-” of AzRe Reinsurance OJSC, the sole domestic reinsurer in Azerbaijan

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Ukraine: Sumy NPO signs agreement on the column equipment supply for Kachanovsky GPP

PJSC “Sumy Machine Building Science-and-Production Association” signed a contract with a domestic company “Ukrnafta” for the supply of regeneration-evaporation column K-2

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Turkmenistan to increase oil exports

Commissioning of a new oil terminal with a capacity of 540.000 tons near Turkmenistan’s border with Afghanistan, anticipated in the nearest future, will allow Turkmenistan to increase exports of oil products, said the message of Turkmen Oil and Gas Complex

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Turkmenistan: cotton harvest plan fulfilled

More than 1.50 million tons of raw cotton have been collected in Turkmenistan, the Turkmen government said in a message. According to the message, the total area of land allotted for cotton is 545,000 hectares

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Turkmenistan: section of TAPI gas pipeline building rapidly

Construction of the Turkmen section of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is conducted at an accelerated pace, the Turkmen government said

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Azerbaijan: UAE low-cost airline opens new flights

Air Arabia, a low-cost airline of the UAE, is opening direct Sharjah-Baku flights. The launch of flights is a result of joint cooperation between Air Arabia, Azerbaijan Airlines CJSC and the authorities, and is aimed at the development of a new route linking Baku and Sharjah

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Kazakhstan: 45 water reservoirs in dangerous condition

Forty-five water reservoirs in Kazakhstan are in a dangerous condition and require repairs, Kazakh Agriculture Ministry has said. In total there are 309 water reservoirs in Kazakhstan

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Kyrgyzstan: real GDP growth to be almost 3% in 2017

The forecasts say that the real GDP growth in Kyrgyzstan will be 2.9% in 2017, country’s Prime Minister Sooronbay Jeenbekov has said. The Prime Minister noted that the risks which could affect the GDP growth in 2017 were instability of the global economy, dependence of the economy on world prices for gold and energy resources, risks of increase of inflation due to the growth of food prices and others

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Azerbaijan: Venezuela interested in co-op

Azerbaijan’s Prime Minister Artur Rasizade has met President of Venezuela Nicolas Maduro. Rasizade said Azerbaijani-Venezuelan relations were at a good level, adding that both countries supported each other within international organizations

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Belarus: UNDP transfers sapropel extraction equipment to Zhitkovichikhimservis Company

Zhitkovichikhimservis Company, which implements a pilot project to produce highly efficient organic fertilizers through advanced sapropel processing, has received modern equipment for sapropel processing

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Ukraine: energy ministry seeks to stop removing spent nuclear fuel to Russia from 2017

Ukraine will build its own centralized spent nuclear fuel storage facility and from 2017 the country will not remove spent nuclear fuel for temporary storage to Russia, Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said

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Ukraine: grain and sunflower stocks total nearly 24.9 million tons

As of October 1, agricultural enterprises and grain storage and processing enterprises of Ukraine stocked 24.87 million tons of grains and sunflower seed, down by 897 thousand tons YoY, the State Statistics Service of Ukraine declared

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Ukraine blocks entrance to some Russian tank wagons

Ukraine’s state railway transport administration Ukrainian Railways has blocked entrance and transit through the country to tank wagons of some Russian railway operators, including Sberbank Leasing and SG-Trans, according to the letter of Ukrainian Railways

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Ukraine: seaports double grain export volumes

On October 17-23, Ukraine exported nearly 1 million tons of grains from the seaports, against 506 thousand tons on the previous week. In particular, wheat shipments reached 544 thousand tons, barley – 142

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Ukraine: 90% of vegetables, fruit and 80% of milk produced by small farms facing serious problems

Vegetables, fruit, and milk in Ukraine are mainly produced by small farms. However, there are virtually no proper conditions for their functioning

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Russia: Alrosa cuts January-September 2016 diamond output

Diamond output of Russian uncut diamond mining giant Alrosa fell by 6% YoY to 27.9 million carats in January-September due to lower output, the company said in a statement

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Ukraine: Naftogaz to import 1.3-1.4 billion cubic meters of gas in October 2016

National joint-stock company Naftogaz Ukrainy plans to import 1.3-1.4 billion cubic meters (bcm) of gas from Europe in October, Naftogaz Board Chairman Andriy Kobolev has said

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Ukraine: Naftogaz raises gas price for industrial consumers for November 2016

NJSC Naftogaz Ukrainy from November 1, will raise the price of gas for industrial customers on a prepayment basis by 16.3% (by 1,037 UAH) to 7,380 UAH per 1,000 cubic meters (including VAT)

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Kazakhstan: over 23.5 million tons of grains harvested

According to regional agricultural departments, as of October 21, agrarians harvested grains throughout 15.312 million ha, or 99.7% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Kazakhstan: oilseed stocks total over 560 thousand tons

As of October 1, the registered carry-over stocks of oilseeds in Kazakhstan totaled 562.4 thousand tons, including nearly 72 thousand tons in farming households, the Statistics Committee at the Ministry of National Economy of the Republic of Kazakhstan reported

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Kazakhstan: grain harvesting campaign as of October 17, 2016

According to official data, as of October 17, grain crops had been threshed from 15.283 million ha, which was 99.5% of the plan. 23.442 MMT was harvested with the average yield of 1

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Kazakhstan: Food Contract Corporation exports over 186 thousand tons of grains

In January-September NC Food Contract Corporation JSC supplied more than 186 thousand tons of grains to the CIS and non-CIS countries, the press-service of the corporation declared

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Azerbaijan: wheat imports up in January-August 2016

In January-August the import volumes of wheat to Azerbaijan totaled 953.6 thousand tons, up by 1.8% YoY, the State Statistical Committee of the Republic of Azerbaijan reported

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Ukraine: growth in industrial production slowing down in September 2016

Industrial production in Ukraine in September grew by 2% YoY, while in September the increase was 3.4% after the decline in July by 0.2% and in June by 3

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Ukraine: cargo transportation by water transport up in January-September 2016

In January-September water transport of Ukraine carried 4.8 million tons of cargo (up by 10.6% YoY), says State Statistics Committee of Ukraine

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Ukraine: Cabinet of Ministers approves of Odessa Portside Plant privatization re-tender

The Cabinet of Ministers of Ukraine has approved of the conditions of re-tender for the privatization of JSC Odessa Portside Plant. During consideration of the issue on the agenda Prime Minister Volodymyr Groysman said that he considered necessary to check whether there hadn’t been any violations during the formation of the starting price of the OPP for the privatization tender in May

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Ukraine: businessman Yaroslavsky to launch Kharkiv Tractor Plant from 2017

DCH Group owner and president Oleksandr Yaroslavsky plans to resume the work of Kharkiv Tractor Plant from the beginning of 2017. “I cannot now voice the exact timing of the resumption of the plant’s operations

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Bulgaria: oilseed market behavior

Domestic market of sunseed was characterized by trading activity last week, raw material was available throughout the country. Average prices increased by 2-3% depending on the region and as of October 14, reached $364/MT

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Bulgaria: huge grain supply continues to pressure grain prices

Decrease in purchasing prices was seen on the domestic market of Bulgaria. Domestic prices for both milling and feed wheat were under the pressure of a huge grain supply on the market

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Malaysia: AirAsia keen to start flights to Moscow

AirAsia is considering adding Russia to its list of destinations, the Malaysian low-cost carrier’s founder Tony Fernandes reported. Russia is becoming an increasingly popular tourist destination for Asian tourists, Fernandes said

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Ukraine: Ukrenergo expects rise in power consumption in 2016/2017 heating season

State enterprise Ukrenergo expects the increase in electricity consumption during the 2016/2017 heating season by 3-4% in comparison with the past season, company acting director Vsevolod Kovalchuk has said

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Ukraine: cornstarch exports up in 2015-2016

In 2015/2016 Ukraine exported 31.58 KMT of cornstarch, up by 35% YoY (23.45 KMT). Indonesia was the key importer, purchasing nearly 200% more Ukrainian cornstarch in 2015/2016 MY YoY

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Ukraine: over 49 million tons of grains harvested

As of October 20, Ukrainian agrarians harvested 49.872 million tons of grains throughout the areas of 11.905 million ha, or 83% of the plan. The average yield totaled 4

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Ukraine: nearly 12.5 million tons of grains exported

Since the beginning of 2016/2017 MY Ukraine exported 12.437 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the State Fiscal Service of Ukraine

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Ukraine: competition on sunflower seed market getting stronger

Last week competition on Ukrainian sunflower seed market became tougher between buyers causing price growth. Market is still supported by rains, which delayed harvesting and decreased sunflower supply on domestic market

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Ukraine: sunflower seed market in 2015/2016

The 2015/2016 marketing year was quite successful for Ukraine in markets of sunflower seed and its processed products. All-time high sunseed production at 11760 KMT was the key to such a success

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Ukraine: imports of rye from Belarus resumed

According to the official statistics figures, in September Ukraine imported 4.5 thousand tons of rye, including 90% of the grain of Belarusian origin

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Ukraine: soybean oil exports up in September 2016

In September Ukraine exported 13.7 KMT of soybean oil, which is record high for this month. In September 2015 exports equaled 9.7 KMT, and in August 2016 – 10

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Ukraine: major quotas for duty-free exports of agricultural products to the EU filled

In the current year, Ukraine has already filled all major quotas for duty-free exports of agricultural products to the European Union, except for meat products, the Director of the department of international cooperation at the Ministry of Agrarian Policy and Food of Ukraine Alexander Romanovsky declared

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Ukraine: biggest drug producer to build plant in Azerbaijan

Ukraine’s biggest pharmaceutical company Indar plans to build a medicine plant in Azerbaijan, Ukrainian Ambassador to Azerbaijan Alexander Mishchenko said

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Ukraine: Oschadbank’s profits up in January-September 2016

Profit of state-run Oschadbank (Kyiv) in January-September totaled 410.7 million UAH, while the bank saw 5.4 billion UAH loss a year ago, the bank has said in a press release

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Ukraine: Pivdenne Design Bureau developing new anti-aircraft complex

Ukraine’s Pivdenne (Yuzhnoye) Design Bureau is stepping up the international military and technical cooperation and together with a foreign partner is developing a new short-range anti-aircraft artillery complex in the interests of the Armed Forces of Ukraine

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Ukraine: strong demand supports export prices for milling wheat

Last week prices kept growing on Ukrainian export market of milling wheat. Increased demand from major importers was the main driver for price strengthening

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Ukraine: specialized elevator capacities loaded at nearly 31%

After active putting into operation of new elevators in the period of 2010-2015 in the current year Ukraine demonstrated a significant reduction of activity in the market segment, the grain market analyst at APK-Inform Agency Andrei Kupchenko declared

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Belarus: potash delivered by sea in bulk to Australia first time ever

In October Belarusian Potash Company and OAO Belaruskali shipped potassium chloride to Australia by sea in bulk for the first time ever, the press service of Belarusian Potash Company reported

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Belarus: companies team up with Tatarstan to design gas-fueled engine

Minsk Motor Plant (MMZ) and the Tatarstani holding company RariTEK have signed a memorandum of cooperation to develop and make gas-fueled engines based on engines of the Belarusian company

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Belarus: harvesting of corn and sugar beet continues

As of October 20, agricultural organizations in Belarus continued harvesting corn for grain and sugar beet, the Ministry of Agriculture and Food declared

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Belarus: Mogilev region and Turkey to strengthen cooperation

Belarus’ Mogilev region and Turkey are set to strengthen their interaction. Matters of bilateral cooperation were discussed during a meeting between Mogilev region Governor Vladimir Domanevsky and Ambassador Extraordinary and Plenipotentiary of Turkey to Belarus Kezban Nilvana Darama on October 18

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Belarus: potash exports to Ukraine up in January-August 2016

Belarusian Potash Company (BPC) shipped 42,190 tons of potash fertilizers to Ukraine in January-August, up by 31% YoY. Potash export proceeds from Ukraine-bound shipments grew by 16

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Belarus: cement plants to make more active use of dried peat as alternative fuel

Belarus’ cement plants are expected to increase the use of dried peat as fuel to 180,000 tons by 2020, up by 50% from the 2016 level, Belarus’ Energy Ministry reported

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Belarus and India busy advancing cooperation in pharmaceutics

Belarus and India are working hard to advance cooperation in pharmaceutics, the Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich reported

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Belarus: investment potential to be presented at Eurasian Forum in Verona

The economic and investment potential of Belarus will be presented at the fifth edition of the Eurasian Forum in Verona, Italy on October 21, spokesman for the Belarusian Ministry of Foreign Affairs Dmitry Mironchik reported

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Belarus: corn crop to triple

Cold air temperature, falling below zero at night on the major part of the Belarus contributed to slower vegetation processes of grain crops and winter rapeseed

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Russia: Bashkortostan head gets post in Bashneft BD

Governor of the Bashkortostan republic Rustem Khamitov has accepted the position of the board of directors deputy chairman of oil company Bashneft, located in the republic, Igor Sechin, CEO of Russian oil major Rosneft, which has recently bought half of Bashneft, said

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Azerbaijan offers Iran to boost joint construction of power plants

Joint construction of new power plants by Azerbaijan and Iran will enhance energy stability and export potential of Nakhchivan Autonomous Republic, Etibar Pirverdiyev, head of Azerenergy OJSC, the largest electrical power producer in Azerbaijan, reported

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Ukraine: UIA increases the Kiev – Amman flight frequency

On October 30, Ukraine International Airlines will increase the Kiev – Amman flight frequency up to five weekly flights. The Kiev – Amman flights will be operated on modern Boeing 737 aircraft with two cabin classes (Business Class and Economy Class) five times a week

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Ukraine ready to integrate into EU digital economy

Ukraine has a huge potential to integrate into the digital economy space of the European Union, Ukrainian First Vice Prime Minister, Minister for Economic Development and Trade Stepan Kubiv has said

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Ukraine: investments in economy up

Investments in the Ukrainian economy have grown by $2.5 billion in contrast to last year, Ukrainian Prime Minister Volodymyr Groysman has stated at a meeting of the Cabinet of Ministers of Ukraine

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Ukraine demonstrates the record export rates of grains

In the beginning of 2016/2017 MY, the export rates of Ukrainian grains demonstrated rather high rates. In particular, in the beginning of the season Ukraine exported record volumes of barley, the First Deputy Chairman of the Board at State Food and Grain Corporation of Ukraine PJSC Borys Prykhodko declared

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Ukraine: former Polish transport minister Nowak appointed Ukravtodor acting head

Ex-Minister of Transport of Poland Slawomir Nowak has been appointed new acting head of the State Automobile Roads Agency of Ukraine (Ukravtodor)

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Uzbekistan: Textile-Contact to supply high-quality cotton fabrics to Ukraine

Textile-Contact Company, one of the leaders of the national market for the sale of fabrics and light industry productis. during the talks that took place on October 12-13, within the framework of the XII International Cotton and Textile Fair in Tashkent signed a contract for the supply of Uzbek textile products of new crop high quality cotton to Ukraine

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Ukraine: DP World signs MOU to develop logistics

Global trade enabler DP World has recently signed a Memorandum of Understanding (MoU) with the government of Ukraine to collaborate on matters of mutual interest, including the development of logistics capability in the country

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Moldova: center of excellence in transport to be furnished with modern equipment

Laboratories for practical training for students of the center of excellence in transport in Chisinau will be supplied with modern equipment, among them drilling and cutting machines, lathes, digital multimeters, testers and vices

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Ukraine: Cabinet approves of terms of another tender to sell Odessa port-side plant

The Cabinet of Ministers has approved of the terms of a repeated tender for the privatization of PJSC Odessa port-side chemical plant. The government made the relevant decision at a meeting on October 19

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Azerbaijan: big data research center to be established at ADA University

BP on behalf of its co-venturers in the projects that it operates – the Azeri-Chirag-Gunashli (ACG), Shah Deniz, Baku-Tbilisi-Ceyhan (BTC) oil export pipeline and the South Caucasus Pipeline projects, – has announced its support for the establishment of the first big data, data sciences Instruction and research center in Azerbaijan

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Russia: Baltic Customs uncovers illegal scheme to export fuel

Customs control measures undertaken by the Baltic Customs have uncovered a scheme used to take marine bunker fuel stated as stores outside the territory of the Eurasian Economic Union without payment of customs dues

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Russia: over 110 million tons of grains harvested

As of October 1, the general production of spring grains and pulses in Russian agricultural organizations reached 110.6 million tons in bunker weight, up by 16

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Azerbaijan: agricultural products exports up in January-September 2016

In January-September Azerbaijan increased export of agricultural products by 31.9% YoY, the country’s Deputy Minister of Agriculture Seyfaddin Talibov said

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Azerbaijan to present its products at 5 international exhibitions

Entrepreneurs will be able to take part in at least 5 international exhibitions in 2017 through the line of Azerbaijan’s Economy Ministry, the country’s Economy Minister Shahin Mustafayev said

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Azerbaijan to increase alternative energy sources share

Azerbaijan plans to increase the share of alternative and renewable energy sources in the country’s energy balance to 20% by 2020, Head of Azerbaijan’s State Agency for Alternative and Renewable Energy Akim Badalov said

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Azerbaijan: number of business inspections cut

As many as 50 inspections of business activities were carried out in Azerbaijan in January-September, while the figure was 50,000 for the first nine months of last year, the country’s Economy Minister Shahin Mustafayev reported

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Azerbaijan and Iraq to launch regular passenger and cargo flights

Azerbaijan and Iraq have discussed opportunities for carrying out regular passenger and cargo flights. The discussion took place as a delegation of Iraqi aviation administration visited Azerbaijan State Civil Aviation Administration

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Ukraine to ship sunflower meal to China

According to Ukrainian ministry of agrarian policy a lot of work is being done on strengthening of trade relationships with China. Currently it is planned to enlarge the list of agro commodities exported to China and to open Chinese market for Ukrainian berries and sunflower meal

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Ukraine: exports of high-oleic sunflower oil up in September 2016

According to the official statistics figures, in September Ukraine exported nearly 15.2 thousand tons of high-oleic sunflower oil, up 3 times MoM (4

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Ukraine and Norway sign Economic Cooperation Framework Agreement

The Framework Agreement on technical and financial cooperation has been signed on October 8, between the Cabinet of Ministers of Ukraine and the government of the Kingdom of Norway, First Deputy Minister for Economic Development and Trade Yulia Kovaliv has stated

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Ukraine: corn harvesting slower than in 2015

As of October 17, winter crops had been sown at 5307 thousand ha, or72% of the forecast area – 7374 thousand ha. This included 4804 thousand ha of winter wheat and triticale (77% from the planned 6198 thousand ha), 140 thousand ha of rye (95% of 147 thousand ha), 364 thousand ha of barley (35% of 1028 thousand ha)

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Ukraine: selling prices of agricultural products up in January-September 2016

In January-September in Ukraine the average selling prices of agricultural enterprises for agricultural products increased by 8.6% YoY, the press-service of the State Statistics Service of Ukraine declared

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Azerbaijan: alternative energy sources not to replace traditional ones

Alternative and renewable energy sources won’t be able to completely replace the traditional ones, Azerbaijan’s Energy Minister Natig Aliyev said, according to the message of the country’s Ministry of Energy

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Azerbaijan: 62 projects get investment promotion document

As many as 62 projects by Azerbaijan’s entrepreneurs have received an investment promotion document worth 787 million manats since April, the country’s Economy Minister Shahin Mustafayev said

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Ukraine: growth of soybean processing capacities to increase the competition for oilseed raw materials

In the season-2015/2016 the processing volumes of soybeans at oil in Ukraine increased to 1.15 million tons, as opposed to 1 million tons in 2014/2015 MY (up by 14%), due to modernization of the existing processing lines, and increasing of the production capacities through launching of a new large factory of LLC Katerynopilsky Elevator at the agricultural holding Mironivsky Hliboproduct

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Ukraine: Gazprom raises gas transit request

Russian gas giant Gazprom has increased its transit request through Ukraine to 277 million cubic meters daily, Maxim Belyavsky, spokesman for gas pipeline system operator Ukrtransgaz, said in a Facebook post

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Moldova: gasoline and diesel fuel prices going up

The National Agency for Energy Regulation (ANRE) set new price ceilings for gasoline and diesel fuel. The new prices will be applied between October 19 and November 1

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Kyrgyzstan to expand its exports of organic products

At an intergovernmental meeting between the Kyrgyz authorities and the Chinese authorities, the Minister of Economy said that the country could increase the volume of exports of agricultural products to other countries of the EEA (market of 170 million persons) and to China

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Belarus: Keramin net profit down H1 2016

Belarus’ OAO Keramin (based in Minsk, sanitary stoneware manufacturer) earned a net profit of Br3.754 million ($1.95 million) in H1 2016, down by 46

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Ukraine: benefits of Europe increasing GMO use

On September 16, the European Commission approved of eleven GM corn varieties created by Syngenta. The permission was granted for corn use as food and fodder for ten years, but did not apply to its cultivation

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Ukraine: EU to finance four-year state management reform from 2017

The European Union intends to allocate EUR 104 million to support Ukraine’s state management reform for 2016-2020, and Ukraine will receive the first tranche totaling EUR 10 million in early 2017

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Ukraine: Energy ministry predicts rise in NPPs’ share of total power generation

Ukrainian Energy and Coal Industry Minister Ihor Nasalyk predicts that the nuclear power plants (NPPs) share of total power generation in Ukrainian power grid would grow from current 60% to 65% at the end of October

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Belarus: EBRD implements 245 SME consultancy projects

The European Bank for Reconstruction and Development (EBRD) says it has implemented 245 projects in Belarus providing consultancy services for small and medium-sized businesses

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Latvia: cargo traffic at Port of Liepaja down in January-September 2016

Freight volume handled in the Port of Liepaja in January-September fell by 2.3%, YoY, to 3,870,700 tons, the Port Authority reported. Grain shipments declined by 0

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Bulgaria: corn less attractive to farmers

For the second consecutive season Bulgaria looses ground in corn market. While Ukraine, Russia and Romania increase corn production, Bulgarian farmers might have decided not to enter this competition

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Bulgaria: corn harvesting in October 2016

According to Bulgarian Ministry of Agriculture, as of October 6, 327 thousand ha of corn were threshed, which was 77% of the plan (423 thousand ha)

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Belarus: BPC opens affiliate in Ukraine

The Belarusian Potash Company (BPC) says it has opened an affiliated company in Ukraine. BPC’s Agrorozkvit (literally stands for AgroRenaissance) started operating in Ukraine in October

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Belarus: Belneftekhim exports to Tatarstan up in January-August 2016

Enterprises run by the Belarusian state petrochemical concern Belneftekhim increased their export to Tatarstan by nearly 50% in January-August

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Belarus: industrial output down in January-September 2016

Belarus’ industrial output decreased by 1.7% YoY in January-September to 58.136 billion Belarusian rubles (Br), or $30.199 billion at the official rate of the National Bank, the National Statistical Committee (Belstat) reported

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Belarus: GDP down in January-September 2016

According to initial evaluations, in January-September Belarus’ gross domestic product totaled Br69.3 billion or 97.1% as against January-September 2015 in comparable prices, the National Statistics Committee of Belarus reported

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Russia: 60 cruise ships bring 26,000 passengers to Saint-Petersburg

60 cruise ships were serviced at the embankments of Saint-Petersburg in the navigation season of 2016. Those vessels brought to the city 26,000 cruise passengers, Andrei Mushkarev, Chairman of Saint-Petersburg Committee for Tourism Development, reported

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Ukraine: sunflower seed market in 2015/2016

The 2015/2016 marketing year was quite successful for Ukraine in markets of sunflower seed and its processed products. All-time high sunseed production at 11760 KMT was the key to such a success

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Ukraine: sanctions against Russian defense enterprises prolonged and expanded

Ukraine has extended for a year and has expanded the sanctions imposed in September 2015 against the Russian enterprises and companies, which are operating in the interests of the Russian security and defense sector

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Ukraine: over 48 million tons of grains harvested

As of October 18, Ukrainian agrarians harvested 48.73 million tons of grains throughout the areas of 11.741 million ha, or 82% of the plan. The average yield totaled 4

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Ukraine: over 10.3 MMT of sunflower harvested

As of October 17, Ukrainian farmers threshed 4738.1 thousand ha of sunflower or 80% of the planned area (5916.2 thousand ha), down by 0.4% YoY (4755 thousand ha)

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Ukraine: river transport handling estimated at $250 million

Investment potential of the new storing capacities with possibility of water transport handling is estimated at $250 million. This is what the director of Hermes-Trading Yuri Skichko believes

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Ukraine: offshore companies included in sanctions list

Ukraine for the first time has included several offshore companies posing threat to the national interest in its sanctions list, namely Judson Trading Limited (Cyprus), Rock Ranch Properties S

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Ukraine: foreign trade deficit in goods up in January-August 2016

In January-August the foreign trade deficit in goods in Ukraine totaled $1.465 billion against $548.5 million of the proficit in the same period last year, the State Statistics Service of Ukraine reported

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Ukraine: Ukrenergo saves 5.3 billion UAH on procurement

Since October 2015, National energy company Ukrenergo has saved 5.3 billion UAH during procurement, acting director of Ukrenergo Vsevolod Kovalchuk said

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Ukraine: seaports grain exports down in the second week of October 2016

On October 10-16, Ukraine exported 506 thousand tons of grains from the seaports against 545.9 thousand tons on the previous week. In particular, wheat shipments reached 244

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Italy: TAP’s location has least environmental impact

TAP will be able to proceed with the replanting of the olive trees along the route in Italy, starting from the micro tunneling area, from November, Lisa Givert, TAP Head of Communications, reported

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Australia: Russian wheat aphid dying out after record rainfall

When the Russian wheat aphid first arrived in Australia in May, Australia’s grain industry went into a panic because the insect was potentially devastating for cereal crops

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Russia: AvtoVAZ introduces 4-day workweek as market declines

Russian car producer AvtoVAZ has partially reintroduced a four-day workweek on its facilities because of a continuing decline of the car market, a spokesman for the company reported

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Russia: Punginskoye UGS facility first start-up phase completed

StroyCazMontazh has completed the first start-up phase at the Punginskoye underground gas storage facility (UGS). Works for Punginskoye underground gas storage facility expansion have included installation of two 16MW GPUs and gas-collection system, consisting of 12 wells within three well groups, as well as construction of three administration buildings, a measuring point and a control room

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Azerbaijan: OPEC reveals oil production forecast

Azerbaijan’s oil supply is anticipated to average 0.87 million barrels per day, unchanged from the previous report, indicating minor growth of 10,000 barrels in 2016, OPEC said in its monthly oil market report

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Russia: Turkish Stream in line with Kiev transit deal

The Turkish Stream natural gas pipeline project is synchronized with expiration of Russia’s gas transit contract with Ukraine in December 2019, Energy Minister Alexander Novak reported

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Russia: manned US missions to ISS on Atlas V Launcher to use Russian RD-180 engines

Manned US missions to the International Space Station (ISS) aboard the Atlas V launch system and Boeing’s newly developing capsule will be carried out using Russia’s RD-180 engines, the Energomash space and rocket engine director Igor Arbuzov said

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Russia: Khrunichev Center concludes two Proton launch contracts as part of multi-launch deal with Eutelsat

International Launch Services (ILS) and Eutelsat have announced the signing of two launch contracts for the 2018-2020 period. ILS is a Khrunichev Space Center subsidiary, which provides Proton-based launch services for global international commercial satellite operators, and Eutelsat Communications is one of the world’s leading operators of satellite communications, headquartered in Paris, France

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Ukraine: Kherson has three potential investors for airport

Three potential investors are ready to invest money in the development of Kherson International Airport, Kherson Regional State Administration Chairman Andriy Hordeyev has said

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Kazakhstan: grain stocks at 14.6 million tons

As of October 1, the registered carry-over stocks of grains and pulses in Kazakhstan totaled 14.594 million tons (up by nearly 10 million tons MoM), the Statistics Committee of the Ministry of National Economy of the Republic of Kazakhstan reported

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India to purchase S-400 Triumf air defense missile systems from Russia

On October 15, Russia and India signed a deal on the deliveries of S-400 Triumph air defense systems and other equipment to India. Delivery of Russia’s most advanced anti-aircraft defense system, the S-400 Triumph, to India could begin in 2020 according to an agreement signed by Indian Prime Minister Narendra Modi and Russian President Vladimir Putin at the BRICS (Building Responsive, Inclusive and Collective Solutions) summit in India

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Russia: grain exports from the seaports doubled in the second week of October 2016

On October 10-16, the export volumes of grains from the Russian seaports reached 637.4 thousand tons against 325.9 thousand tons shipped on the previous week

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Ukraine: agricultural products exports to the EU up in January-September 2016

During the first nine months of 2016, the export volumes of agricultural products from Ukraine to the European Union countries increased by 15% YoY, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovoy declared

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Russia: Fitch improves outlook on rating to stable from negative

International rating agency Fitch has improved its outlook on Russia’s BBB- long-term issuer default ratings in local and foreign currencies to stable from negative, the agency said in a statement

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Ukraine: EU publishes proposal to increase the quotas for duty-free imports of products

The European Union published a proposal to increase the quotas for duty-free supplying of Ukrainian products, including food products, products of the chemical industry, etc

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EU and Azerbaijan to mull bilateral relations

The EU Special Representative for the South Caucasus Herbert Salber will visit Azerbaijan in late October, Salber’s press service reported

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China hopes to expand cooperation with Russia in space

China hopes to expand cooperation with Russia in the program of constructing its own orbital station, Wu Ping, a representative of China’s Manned Space Agency, said

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Kazakhstan: car sales increasing

Kazakhstan’s car market is gradually recovering after the crisis of 2014 -2016, Association of Kazakhstan Auto Business reports. The demand for new cars has increased slightly and the official dealers sold 3,356 new cars in September and 32,581 cars since the beginning of 2016, according to the association

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Belarus seeking strategic investors for Minsk Margarine Plant

The National Agency for Investments and Privatization (NAIP) has expanded until October 31, the deadline for bids from local and foreign companies interested in purchasing a 94

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Azerbaijan and Indonesia keen to deepen economic co-operation

A group of representatives of the Azerbaijani ‘Silk Road’ Public Union for Promotion of Development of Entrepreneurship, Indonesia’s Ambassador to Azerbaijan Husnan Bey Fananie and a number of the embassy employees were on a visit to Indonesia

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Azerbaijan: over 70 enterprises to be privatized

As many as 73 state enterprises and facilities will be put up at the auction for the privatization of the State Property Issues Committee of Azerbaijan on November 15, the message of the committee said

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Ukraine included in list of countries viewed as main food producers

According to estimates by international experts, Ukraine is viewed as one of the main producers and exporters of the food products required to feed the world in near future

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Ukraine: the most profitable grain silos in 2015

0,95 млрд. грн. дохода и 465,43 млн. грн. чистой прибыли получили в 2015 г. 100 самых крупных компаний, работающих на рынке складской логистики и элеваторов

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Ukraine: the most profitable poultry farms in 2015

В 2015 г. 30 крупнейших птицефабрик Украины получили 36,97 млрд. грн. дохода и 9,95 млрд

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Ukraine: major milk processors

Выпуск твердых сыров в Украине в 2015 г. сократился на четверть, на 15% снизилось производство цельномолочной продукции

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Kazakhstan: wheat stocks lower than in 2015

According to Kazakh statistics committee, stocks of grains and legumes at all the enterprises on September 1, were 4.832 MMT against 4.813 MMT on the same date in 2015

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UK: hard Brexit could turn EU to Ukraine for wheat

A so-called “hard” Brexit could see Ukraine usurp the UK in wheat exports to the European Union – forcing British cereals farmers to seek Asian markets, and potentially turn to other crops

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Ukraine: flour production continues to decrease

Over the 8 months of 2016 flour production in Ukraine lowered by another 6%. Over January-August Ukraine produced 1.212 MMT against 1.288 MMT over the same period of 2015

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Russia: Fitch upgrades rating of Alrosa

International rating agency Fitch has upgraded the long-term issuer default rating of Russian uncut diamond mining giant Alrosa to BB+ from BB with a stable outlook and affirmed the company’s short-term issuer default rating at B, the agency said in a research note

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Belarus: EXIAR’S support to Russian exporters exceeds $600 million in 2016

The Russian Agency for Export Credit and Investment Insurance (EXIAR), a part of the Russian Export Center Group, provided over $8 billion in support to exporters in 2016, including $600 million to exporters to Belarus, head of EXIAR Office in Belarus Viktor Doronkevich said in a meeting with the delegates of Tomsk region and Russia’s trade representative in Belarus Konstantin Artyushin

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Estonia: Enefit to increase capabilities to utilize retort gas

Enefit Energy, subsidiary of Enefit, signed a contract with Amec Foster Wheeler to modify a Circulating Fluidized bed boiler so as to increase its capabilities to utilize retort gas for the generation of electricity and to reduce the environmental impacts of power production

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Ukraine: DTEK sees rise in coal stocks

DTEK energy holding since early October has increased coal stocks at warehouses of thermal power plants (TPPs) by 173,000 tons, to 792,000 tons, DTEK Energo Generation Director Serhiy Kurylenko reported

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Ukraine: DCH owner Yaroslavsky to buy 29% more shares in Kharkiv Tractor Plant

The owner and president of DCH Group Oleksandr Yaroslavsky, who holds a controlling stake in Kharkiv Tractor Plant, intends to buy 29% of shares in the plant belonging to Austrian investor Siegfried Wolf, DCH has said in a press release

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Belarus: Chinese investors to build commercial dairy farms in Vitebsk region

China plans to offer its direct investment for the construction of commercial dairy farms in Vitebsk region, Vitebsk region governor Nikolai Sherstnev reported after the ceremony to inaugurate the new meat-processing workshop at Glubokoye Meat Packing Plant

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Russia: privatization of Rosneft to happen in 2016

Privatization of a 19.5% stake in Russian oil major Rosneft is very likely to happen in 2016, Rosneft CEO Igor Sechin reported. “This is a liquid asset, and demand on the market is high, I am sure that we will do it”, he said

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Belarus: Industry Ministry and Zoomlion to implement joint mechanical engineering projects

The Belarusian Industry Ministry and the Chinese company Zoomlion intend to implement a number of joint projects in the area of mechanical engineering

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Belarus hopes for removal of EU textile import restrictions

Belarus hopes that the European Union will lift its textile import restrictions, Belarusian First Deputy Minister of Foreign Affairs Andrei Yevdochenko reported

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Belarus: corn and sugar beet harvesting continues

As of October 13, agricultural organizations in Belarus continued harvesting corn for grain and sugar beet, the Ministry of Agriculture and Food declared

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Belarus: 22 suitable locations with wind power potential chosen

Belarus has chosen 22 suitable locations, where up to 2,000 wind power stations can be installed. First Deputy Minister for Natural Resources and Environment Protection Iya Malkina made a statement to this effect at the 21st Belarusian Energy and Ecology Congress

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Belarus: Grodno Azot reports 0.7% drop in commodity output in January-September 2016

Belarus’ chemical company OAO Grodno Azot manufactured Br961.8 million worth of chemical products ($502.785 million) in January-September, down by 0

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Belarus and China sign memorandum on joint production of diesel engines

Belarus’ Industry Ministry and China’s Weichai Power Co. Ltd have signed a memorandum, which says that the parties plan to set up a joint venture to produce up to 20,000 diesel engines a year

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Azerbaijan: investors exempt from state duties

Investors who put their funds in Azerbaijan in accordance with the Build-Operate-Transfer (BOT) model have been exempt from the state duties

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Azerbaijan to tighten control over fruit and vegetable supply with Iran

Azerbaijan and Iran intend to cooperate in protection and quarantine of plants. An agreement on this was recommended at a meeting of Azerbaijani Parliament’s Agrarian Policy Committee on October 14

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Belarus: Amkodor to launch three large contracts with CITIC Group and Sinomach

The Belarusian mechanical engineering company Amkodor has plans to launch three large contracts with the Chinese corporations CITIC Group and Sinomach by the end of 2016, Igor Kayuda, Director for Innovations and Investment Projects at Amkodor, said

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Russia: Antitrust clears MegaFon to buy Moscow landline operator

Russia’s Federal Antimonopoly Service has permitted mobile operator MegaFon to buy 100% in Moscow-based firm Kombell, which deals with connection, telecom equipment and telephony, the authority said in a statement

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Ukraine: agricultural commodities production up in January-September 2016

In January-September the production volumes of agricultural commodities in Ukraine increased by 0.9% YoY at the expense of rising production volumes of plant growing commodities, the State Statistics Service of Ukraine announced

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Ukraine: Ukroboronprom creating UKRARPA defense innovation development platform

Ukroboronprom State Concern initiates the creation of the UKRARPA defense innovation development platform. The initiative to create the platform meeting modern trends of global defense industry was announced by Ukroboronprom head Roman Romanov at the 13th Arms and Security 2016 in Kyiv

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World: UK welcome to China’s nuke industry may open way for Russia

Russia’s Rosatom is looking to get involved in the U.K. nuclear industry, spurred by Prime Minister Theresa May’s decision to approve a deal with China to build Britain’s first atomic plant in 20 years, Bloomberg reported

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Lithuania: LNG terminal is a success story

Dominique Ristori, Director-General of the Directorate-General for Energy within the European Commission, visited a Klaipeda-based liquefied natural gas (LNG) terminal controlled by AB Klaipedos Nafta

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Ukraine: Ukroboronprom and Grand Power S.R.O. to cooperate in small arms production

Slovakia’s Grand Power S.R.O. and Ukroboronprom State Concern will start cooperating in small arms production. The agreement of cooperation was signed by the Slovakian company and Ukroboronservice, part of Ukroboronprom, on Tuesday in Kyiv at the 13th Arms and Security Exhibition

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Ukraine: Ukrnafta switches to crude oil refining on tolling basis at Kremenchuk oil refinery

Public joint-stock company Ukrnafta has switched to crude oil refining on a tolling basis for the entire volume of oil produced by the company at Kremenchuk oil refinery, Ukrnafta head Mark Rollins reported

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