Ukraine: universities begin preparing subject matter specialists for defense industry

Vinnytsia National Technical University has received a license for opening “Arms and military equipment” specialty. The decision was adopted due to the support of the state concern UkrOboronProm, that officially initiated and supported the new specialty creation

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Ukraine: soybean producers to face a significant reduction of the oilseed yield

In terms of keeping of the current rate of global climate warming, in the coming years Ukrainian agrarians may face the significant reduction of the yield indices of soybeans, declared the head of the agrometeorology department at the Ukrainian hydrometeorological center Tatiana Adamenko

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Ukraine: IT-experts among the most qualified profession representatives on the world market

This was announced by deputy managing director at Luxoft Ukraine Oleksandra Alkhimovich during the Kyiv International Economic Forum “Technology 4

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Ukraine: crude sunflower oil exports up

This was announced by deputy managing director at Luxoft Ukraine Oleksandra Alkhimovich during the Kyiv International Economic Forum “Technology 4

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Ukraine: over 2 mln tons of grains harvested

As of July 4, agrarians harvested 2.04 million tons of early grains and pulses throughout the areas of 576 thousand ha, or 6% of the plan. The average yield totaled 3

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Ukraine: deficit of rye compensated at the expense of grain purchases from Belarus

According to the official statistics data, in May Ukraine imported 3.9 thousand tons of rye. Belarus became the single country-supplier of the reporting grain volumes

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Ukraine: gas production up in January-May 2016

Ukraine increased gas production by 2% YoY in January-May 2016 to 8.391 billion cubic meters (bcm), the Ukrainian Energy and Coal Industry Ministry said

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Ukraine: economy growing faster than Russia’s

According to the Russian Slon.ru news portal, the Ukrainian economy has been showing stronger growth than that of Russia, according to the official statistics of the two countries

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Russia: vodka production up in May 2016

The production of vodka in Russia has increased year on year by 30% in April and 29% in May. The increase has been informally linked to raids carried out by the Federal Security Service (FSB) and Federal Tax Service in February

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Russia: plane impounded at Hong Kong airport to be sold

The Hong Kong Airport Authority is considering selling off the aircraft, owned by a defunct Russian airline, after it failed to pay outstanding parking fees, according to a court document

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Russia: potato prices take a third of previous year’s levels

Current potato prices in Russia take just a third of those levels registered in the mid-February 2015. For the present, farmers from main producing regions are ready to ship at RUB 6-8/kg ($0

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Russia: record high sunflower seed harvest to be gathered

This year sunflower planted area for the 2016/2017 crop has already reached 7069.7 thousand ha, which exceeds the intended 6949.6 thousand ha by 120

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Russia: decision to ban imports of vegetative products from Macedonia to be reconsidered

Russian Federal Service for Veterinary and Phyto-Sanitary Control has reconsidered its decision to ban imports of vegetative products from Macedonia, the watchdog’s deputy head Alexey Alekseyenko said after negotiations with the republic’s representatives in Moscow

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Russia: 6 million tons of grains harvested

As of July 4, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 1.4 million ha (in 2015 – 0

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Russia: Rusal setting up JV with Chinese aluminum alloy cable manufacturer

Russia’s Rusal and Hebei Joy Sense Cable Co. (HJSC), a leading Chinese aluminum alloy cable manufacturer, have signed an agreement to establish a joint venture Rusal-Hebei Joy Sense Cable Special Aluminum Products Co

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Ukraine: PrivatBank, Oschadbank, Prominvestbank reduced the most of their network in H1 2016

The total network of operating structural units of Ukrainian banks in the first half of 2016 decreased by 1049 offices, or by 8.8%, in particular because of insolvent banks – by 498 branches, according to the website of the National Bank of Ukraine (NBU)

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Ukraine: KrAZ-Spartan at Rapid Trident-2016 Exercises

Rapid Trident-2016 military exercises are being held from June 27 to July 8 in the territory of Yavorov training area in Lvov region. They has been held since 2006 as part of the Partnership for Peace military cooperation program

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Ukraine: Orexim to patent new method to reveal chicken fat in sunflower oil

Orexim Group has designed a method to reveal chicken fat in sunflower oil and is testing it. The company seeks to patent it in the near term

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Ukraine: Mriya agroholding claiming illegal seizure attempt by former owner

Mriya agroholding has claimed an attempt of illegal seizure of its motor transport enterprise located in Khorostkiv (Ternopil region) and the former owner is suspected of doing this

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Moldova: grape exports to EU up

Moldova has exported 12 thousand tons of grapes to the EU in 2014, 6 times as high as registered in 2013 and the highest export result ever. Moldova’s total exports of grapes amounted to 51 thousand tons in 2014 with 29 thousand tons of exports to Russia, 8 thousand tons to Belarus, and 2 thousand tons to other countries

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Ukraine: Lviv successfully hosted international conference “Technologies and innovations: from the ground to the finished product”

On July 1-2, a large-scale international scientific-practical conference “Technologies and innovations: from the ground to the finished product” has successfully been held in Lviv

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Russia: lack of tax stamps threatening alcohol imports

Alcohol imports into Russia may stop due to a shortage of excise stamps. Russian law requires all alcohol imports to have a stamp so that they can be properly taxed

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Ukraine: “Kyiv Automatics Plant Named After G. Petrovsky” keeps increasing sales

In 2016 “Kyiv Automatics Plant named after G. Petrovsky” – SE “UkrOboronProm” owns government’s stake in registered capital of the given enterprise – increased sales 2

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Ukraine: KrAZ maintains production level and revs up

Continuing trucks market decline in Ukraine that has almost brought domestic production to a halt affects negatively “AutoKrAZ”. The only Ukrainian manufacturer of heavy-duty trucks, Kremenchug Automobile Plant, finds it difficult to withstand crisis but progress made shows that the situation stabilizes gradually and production rate tends to increase

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Kazakhstan: imports of Polish apples up

Kazakhstan has imported about 6 thousand tons of Polish apples in December 2014, an increase of 50% compared with the same month of the previous year and record high result for at least 5 past seasons

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Kazakhstan: largest oil producer to start oil extraction at Tengiz field in 2022

Kazakhstan’s largest oil producer Tengizchevroil (TCO) plans to produce first oil at Tengiz oilfield in 2022. Investments into the project expansion will amount to $36

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Ukraine: new Mitsubishi car distributor created

One of the largest corporations in Japan, Mitsubishi Corporation, and NIKO Group have created a joint venture MMC Ukraine LLC (Kyiv) with 60% and 40% shares respectively

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Russia: grain harvest to reach record volumes

In 2016, the general grain harvest in Russia will reach 110 million tons, which will become the record index for the country, announced the deputy director of the strategic management department at Rusagrotrans Igor Pavensky

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Ukraine: a new record of grain exports broken

In 2015/2016 MY, Ukraine broke a new record of grain exports, which totaled 39.415 million tons, an increase of 4.61 million tons compared with the previous season, or up by 13%, declared the Ministry of Agrarian Policy and Food of Ukraine

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Ukraine: improving of soybean quality to strengthen the positions on the Turkish market

The share of Ukrainian soybeans in the general import structure of the oilseed to Turkey continues steadily increasing, declared the Foreign trade coordinator at Altinates Kimya A

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Georgia: blueberries to appear on European market

A multi-million dollar blueberry plantation and processing plant will soon be established in Georgia in a bid to counter Europe’s high demand of blueberries

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Russia: flight tests of advanced PAK FA fighters almost completed

According to the Sukhoi aircraft manufacturer, flight tests of Russia’s Sukhoi T-50 (PAK FA) fifth-generation fighter aircraft are at the final stage

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Ukraine: Black Sea region becomes top world supplier of grain

The 2015/2016 season is almost complete. Summarizing the results of this season, UkrAgroConsult emphasizes record high exports from the key Black Sea countries (Ukraine, Russia, Kazakhstan)

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Ukraine: berry market grows by 2-4%

The capacity of the berry market in Ukraine is estimated at 190-200 thousand tons, or more than $250-300 million, while its annual growth rate is 2-4%, UkrAgroConsult CEO Serhiy Feofilov said

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Ukraine: audited profit of Boryspil airport under IFRS in 2015 totals 540 mln UAH

The audited profit of Boryspil International Airport (Kyiv) after taxation under international financial reporting standards (IFRS) in 2015 amounted to 540

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