Business World Magazine: вторник, августа 30, 2016

Business World Magazine

30.08.2016

Kazakhstan: quotas for wheat supplying to China to go up

Kazakhstan is holding negotiations to increase the quotas for the supply of wheat to the People’s Republic of China to 400 thousand tons per year, the Deputy Minister of Agriculture Gulmira Isayeva declared

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Kazakhstan: spring grain harvesting started

At the beginning of last week weather conditions were favorable for completion of winter wheat harvesting in the South and South East. Crops condition is mainly good and stage of development is full ripeness

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Russia: grain exports down in August 2016

On August 22-28, the export volumes of grains from the Russian seaports reached 203.1 thousand tons, against 406.8 thousand tons shipped in the previous week

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Belarus: EBRD provides 10 million euro to toy manufacturer

The European Bank for Reconstruction and Development (EBRD) is extending a 10 million euro loan to PP Polesie JLLC (PP Polesie), a leading producer of children’s plastic toys in Belarus

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Ukraine: corn conditions in Kherson region

Long-term hot and dry weather in Kherson region led to excessive accumulation of effective warmth. Evaporation from the water surface was 7-7

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Russia: Boeing top exec to chair Sukhoi Civil Aircraft

Boeing Commercial Airplanes top executive Kamil Gaynutdinov will become CEO of Russia’s Sukhoi Civil Aircraft. In 2003, Gaynutdinov worked at airline UTair being responsible for contracts on helicopter transportation abroad and in 2005 he chaired Boeing Commercial Airplanes’ division Commercial Aviation Services in Russia and the CIS

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Belarus: Stadler Minsk to sell 23 tramcars to Saint Petersburg

The Swiss company Stadler will ship 23 tramcars of the Metelitsa (Blizzard) variety to Saint Petersburg. The tramcars will be made by the Stadler Minsk factory

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Belarus: MAZ to sell 100 buses to Russia

The Belarusian automaker Minsk Automobile Plant (MAZ trademark) will ship 100 buses to the Russian city of Kazan in the Republic of Tatarstan, representatives of the company said

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Belarus: banks’ profits up in January-July 2016

Belarusian banks’ total balance sheet profit amounted to 399.7 million Belarusian rubles (Br) in January-July, or $204.231 million at the official rate of the central bank, up by 35

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Belarus: oil refineries petrol output down in January-July 2016

Belarusian oil refineries produced 2.403 million tons of petrol in January-July, down by 3.6% YoY, Belstat reported. In July alone petrol output dropped by 29

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Belarus: companies’ equity capital up in January-July 2016

The equity capital of Belarusian companies (except for banks, insurance and state-funded companies, micro- and small-sized companies without departmental affiliation) grew by 0

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Belarus: banks’ net foreign assets down in January-July 2016

Net foreign assets of Belarusian commercial banks amounted to minus $5.353 billion as of August 1, down by 14.9% compared to the level of January 1, the National Bank of Belarus said in a statistical report

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Belarus: net foreign assets up in January-July 2016

Net foreign assets of the Belarusian government and the National Bank of Belarus (NBB) amounted to $3.624 billion as of August 1, up by 49.9% since early 2016, the NBB said in a statistical report

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Belarus: truck exports up in H1 2016

Belarus increased truck exports by 24% YoY in January-June to 1,847 units, Belstat said in a statistical report. Truck exports to the CIS states grew by 13

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Belarus: food exports down in H1 2016

Belarus’ food exports dropped by 11.2% YoY in January-June to $1.611 billion, the National Statistics Committee (Belstat) reported. The largest decline was registered in exports of the following foods: milk, cream powder, condensed cream – down by 12% to $218

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Azerbaijan to enhance its role in forming energy corridors

The Southern Gas Corridor (SGC) project will enhance Azerbaijan’s role in forming eastern and western energy corridors, said the country’s Deputy Energy Minister Natig Abbasov

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Azerbaijan: over 50 enterprises put up for privatization

Another fifty-one state enterprises have been put up for privatization in Azerbaijan, the country’s State Property Issues Committee said

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Belarus: agricultural enterprises in Vitebsk region in for large-scale reorganization in 2016-2017

Plans have been made to reorganize agribusiness enterprises in Vitebsk region in 2016-2017. The relevant measures are stipulated by Belarus president decree No

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Azerbaijan to transport gas from Iran and Iraq to Europe

Azerbaijan is considering the possibility of transporting Iranian gas through its territory to Europe, said Azerbaijan’s Deputy Energy Minister Natig Abbasov

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Ukraine: seaports grain exports down in August 2016

On August 22-28, Ukraine exported 552.7 thousand tons of grains from the seaports, against 647.7 thousand tons in the previous week. In particular, wheat shipments reached 391

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