Ukraine: budget revenues at 322 billion UAH

Ukrainian budget revenues for January-July amounted to 322 billion UAH, up by 24% YoY. This was announced by the head of the State Fiscal Service of Ukraine Roman Nasirov

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Russia: NCSP Group grain exports down in January-July 2016

In January-July the volume of grain shipment for exports by enterprises of PJSC Novorossiysk Commercial Sea Port (NCSP Group) totaled 2.815 million tons, down by 9

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Russia: Medvedev to postpone Bashneft privatization

Russian Prime Minister Dmitry Medvedev has decided to postpone privatization of the oil company Bashneft, and the decision was supported by the president Vladimir Putin, Medvedev’s press secretary Natalya Timakova reported

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Russia: inflation at zero in August 2016

Russian consumer prices remained flat from August 9 through August 15, after two weeks of a 0.1% contraction, while inflation since January 1, stood at 3

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Russia: mandatory disposal of sanction foods extended until the end of 2017

The government of Russia prolonged the period for mandatory disposal of the foodstuffs under counter-sanctions which were illegally imported to the territory of the Russian Federation, until December 31, 2017

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Russia: barley exports down in June 2016

In June Russia exported the minimum monthly amount of barley over the last few years – 12 KMT. In 2015/2016 Russian barley exports dropped by 20% to 4244 KMT compared to record high result of 2014/2015

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Russia: court rejects Google’s appeal against antitrust decision

Russia’s Ninth Arbitration Court of Appeal has rejected Google’s complaint against a lower court’s decision that supported the antimonopoly service in finding the U

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Russia: farmers lose 50 billion RUB due to wheat export duty

Russian farmers lost about 50 billion rubles ($781 million) due to implementation of a duty on wheat exports during the last season, head of the Russian Grain Union Arkady Zlochevsky said

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Russia: oil taxation meeting scheduled for August 2016

A meeting on oil taxation issues chaired by Russian Prime Minister’s deputy Arkady Dvorkovich will take place in August, First Deputy Energy Minister Alexei Teksler said

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Russia: milling wheat prices up

Upward trend in wheat prices continues in Russian market. During last week milling wheat (12.5%) prices in Novorossiysk and Azov ports increased by $3-4 to $170-174/MT FOB and $150-154/MT FOB respectively for August and September delivery

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Ukraine: UIA commences SMS notification service testing

UIA started testing SMS notification service informing passengers of all scheduled flights on any delays and cancellations. Therefore, the airline clients will be notified of important schedule alterations

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Ukraine: selling prices of agricultural products up

In January-July the average selling prices of agricultural enterprises for agricultural products increased by 7.9% YoY, the press-service of the State Statistics Service of Ukraine declared

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Ukraine to reach record grain exports

The estimated volume of Ukrainian grain exports in the new marketing year can break the record of the previous year and reach about 41 million tons

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Ukraine: rains replenish soil moisture stocks

Last week weather pattern changed and air temperature dropped by 7-10 C after a hot and dry period. Rains were observed everywhere, though their distribution was uneven

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Ukraine to lose $1 billion from Russian trade restrictions

Ukraine is expected to lose about $1 billion from trade restrictions Moscow had to impose after Kiev had joined a free trade zone with the European Union, Ukraine’s deputy minister for economic development and trade Natalya Mikolskaya said

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Ukraine: 37.7 MMT of grain harvested

As of August 15, early grains and pulses were harvested from 9590 thousand ha (99% of the intended area) compared with 10105 thousand ha on August 14, 2015

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Ukraine opens new market for sunflower oil

On August 5, authorized representatives of Ukraine and Indonesia signed a memorandum on cooperation between the agricultural ministries of the two countries

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Ukraine: 24% of total volume of wheat flour exported to China

In 2015/2016 Ukraine exported 344.2 KMT of flour, up by 32% YoY. China remained the key market for Ukrainian flour. In 2015/2016 Ukraine increased exports to China by 35%, to 83

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Ukraine to harvest 63 million tons of grains

In 2016 the general harvest of grains in Ukraine will reach 63 million tons, up by 5% YoY, the deputy director of the department of farming and technical policy in the agro-industrial complex at the Ministry of Agrarian Policy and Food Leonid Suhomlyn declared

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Ukraine: Zorya-Mashproekt activities in H1 2016

In the first half of this year Zorya-Mashproekt released and sold turbines from the entire product range: marine propulsion installations, gas pumping units, and gas turbine generators

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Ukraine: FUIB among the most reliable banks of 2016

First Ukrainian International Bank (FUIB) is in the TOP-10 in a number of nominations of the rating of the most reliable banks of Ukraine in 2016, prepared by the insurance portal Forinshurer

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Ukraine: Ukrtelecom starts network modernisation in Zaporozhye

On August 16, the largest fixed Internet and telephony operator Ukrtelecom has announced the launch of technical modernisation in Zaporozhye

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Ukraine: NBU registers iBox Money Transfer

On August 4, the National Bank of Ukraine registered the iBox Money Transfer international remittance system, the payment organization of which is PJSC iBox Bank (formerly Agrocombank, Kyiv)

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Ukraine: NBU registers Sigue Money Transfer

On August 15, the National Bank of Ukraine (NBU) registered the Sigue Money Transfer international system, the payment organization of which is Cel

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Ukraine: MHP sees fall in net profit in Q2 2016

Myronivsky Hliboproduct (MHP) saw a 29% fall in net profit in April-June YoY, to $165 million. According to a report of the holding posted on the London Stock Exchange (LSE) on Wednesday, its revenue in Q2 2016 fell by 7%, to $286 million, gross profit grew by 4%, to $142 million, operating profit decreased by 3%, to $123 million, and earnings before interest, tax, depreciation and amortization (EBITDA) – by 1%, to $146 million

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Kazakhstan: harvesting campaign begins in Karaganda region

Grain crops have been seeded on the territory of 734.3 thousand ha in Karaganda region this year. As of August 16, grain crops on 1.5 thousand ha have already been harvested in Karaganda region, the press service of the Ministry of Agriculture of Kazakhstan informs

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Russia to produce the record harvest of grains for 37 recent years

Analysts of Rusagrotrans CJSC increased the forecast of the general grain harvest in Russia in 2016 to 118.5 million tons, against the previous forecast of 116 million tons, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky declared

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Ukraine: Novopokrovka Factory of Bakery Products becomes the leader of flour exporters

In 2015/2016 MY Ukraine shipped 344.2 thousand tons of flour to foreign markets, which exceeded the record index of last season by 94 thousand tons

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Russia: freight rates remain unchanged in Azov basin

According to Rufco Company, grain freight rates remained steady in the Azov Sea basin. Trading activity declined slightly, grain exports did not meet expectations of shipowners, first of all regarding shipments to Turkey

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Ukraine: the rating of companies-exporters of wheat and barley in 2015/2016 MY

The TOP-3 of companies-leaders in wheat exports remains unchanged and includes the following: Nibulon Ltd, PJSC State Food and Grain Corporation of Ukraine, and Cargill AT, which jointly supplied more than 20% of the annual export volumes (nearly 3

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