Business World Magazine: среда, сентября 14, 2016

Business World Magazine

14.09.2016

Ukraine to sign deal with Georgia on arranging direct ferry-railroad services

Ukraine and Georgia have signed an agreement at the governmental level on arranging direct international railroad services through the two countries’ seaports, the Ukrainian Infrastructure Ministry press service reported

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Kazakhstan: S&P affirms credit ratings

Standard & Poor’s (S&P) Global Ratings affirmed its ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings on Kazakhstan

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Ukraine: Nibulon exports record volumes of grains in 2015-2016

Nibulon retains its positions as the largest exporter of grains from Ukraine. In 2015/2016 MY the company supplied the highest volumes of grains to foreign markets in six recent years – 4

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Ukraine: over 39 million tons of grains harvested

As of September 12, Ukrainian agrarians harvested 39.03 million tons of grains throughout the areas of 10.01 million ha, or 70% of the plan. The average yield totaled 3

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Ukraine: winter rapeseed sown

During the first ten days of September weather was rather unfavorable for preparation of soil to start the winter rapeseed sowing. The reason was higher average daily temperature, which exceeded the norm by 1

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Ukraine: mass planting campaign of winter grains started

16 regions of Ukraine started the planting campaign of winter grains. As of September 12, agrarians planted winter grains throughout 298 thousand ha (4% of the plan), as opposed to 293 thousand ha on the same date last year, the Ministry of Agrarian Policy and Food of Ukraine declared

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Ukraine: 4% of soybeans harvested

Ukrainian farmers continue to harvest sunflower. As of September 7, 599 thousand ha or 10% of the intended area (5905 thousand ha) was threshed, up by 27% YoY (472 thousand ha)

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Russia: US lifts sanctions from defense companies

The U.S. has lifted some of its sanctions imposed on Russian defense company Rosoboronexport so that the countries are able to cooperate under a helicopter project, Zamir Kabulov, director of the Second Asian Department at Russia’s Foreign Affairs Ministry, said

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Russia: Web resources overtaking TV channels by audience

Several Internet projects of the Runet, the Russian-speaking segment of the Internet, have beaten the country’s biggest TV channels by audience coverage, according to TNS study for June

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Russia to harvest record volumes of soybeans

According to the Federal State Statistics Service (Rosstat), in 2016/2017 MY the planted areas under soybeans in Russia will increase to the record level of 2

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Russian: antitrust not inclined to give Google more time to comply

Russia’s Federal Antimonopoly Service is not inclined to extend the period given to Google to fix its breaches on the local market of preinstalled application stores; still no final decision has been made, the authority’s Director Igor Artemyev said

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Russia: wheat aid to Syria risks cutting demand amid global glut

A Russian proposal to use its wheat stockpiles to supply aid to Syria may cut demand on the international market from the Middle Eastern country that’s estimated at more than 1 million metric tons this season

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Russia: more cases of ASF reported

More outbreaks of African Swine Fever (ASF) have been discovered on Russian pig farms. In total, 40 new cases were reported across three backyard farms in Bajgushi, Boretsk and Tavolzhansky

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Russia: wheat bran exports up in June 2016

In June Russian exporters shipped more than 76 KMT of wheat bran, up by 82% YoY (about 42 KMT). In 2015/2016 Russia exported 17% more wheat bran than in the previous season (793

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Russia: 101 million tons of grains harvested

As of September 12, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 37

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Russia: harvesting of grains and pulses in September 2016

According to official data, as of September 12, Russian farmers had threshed 37.4 million ha (79.2%) of grains and legumes against 32.5 million ha on the same date in 2015

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Russia: Amursk oil extraction plant gets additional credit funds for construction

VTB Bank is going to grant Amuragrocenter Ltd (Amursk region) a credit line of 400 million rubles for construction of soybean oil extraction plant on the territory of advanced development of Belogorsk

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Russia: Siberia lacking capacities for grain storage

The Ministry of Agriculture of the Russian Federation stressed the deficit of capacities for grain storage in the Siberian region. Therefore, the Ministry plans to sell old crop grains in the form of humanitarian assistance or through any other channel, the Director of the Department of regulation of agricultural markets at the Ministry of Agriculture Vladimir Volik said

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Russia: Putin aware of bribery case against Renova execs

Russian President Vladimir Putin has all necessary information about a bribery case against executives of power producer T Plus, a part of multi-industry holding Renova Group, and former officials of the Komi Republic, spokesman Dmitry Peskov said

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Russia: Central bank to cut key rate in September 2016

There are conditions for the central bank to cut its key rate at the upcoming meeting on Friday, inflation is slowing, national top lender Sberbank CEO German Gref said

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Kazakhstan: three prospective directions for agricultural exports specified

Kazakhstan specified three prospective markets for agricultural products supplying: the People’s Republic of China, the Russian Federation, and Iran, the Deputy Chairman of the Board of the National Chamber of Entrepreneurs of Kazakhstan Atameken Tulemis Shotanov declared

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Kazakhstan: wheat takes the market of China

According to Kazakh Agrarian Ministry, over the last season Kazakh wheat exports to China were four times as high as in 2014/2015. In 2014/2015 MY 110 KMT was exported and in 2015/2016 the volumes reached 414 KMT

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Ukraine: exports of corn and barley to go up

Analysts of APK-Inform Agency have increased the forecast of corn exports from Ukraine in 2016/2017 MY to 17.7 million tons, up by 6% YoY. Barley supplies to foreign markets will grow to 5 million tons (up by 13

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Kazakhstan to export 8.5 million tons of grains

Kazakhstan plans to export 8.5 million tons of grains in 2016/2017 MY, including flour in grain equivalent, the Deputy Chairman of Board of the National Company Food Contract Corporation JSC Sabit B

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World: oil market not to balance before July-December 2017

Global oil demand growth is slowing at a faster pace than initially predicted, and supply will continue to outpace demand at least through the first half of next year, the International Energy Agency (IEA) said in a report

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Greece: Gazprom offered to invest 800 million euros in coal project

Athens has offered Prometheus Gas, a joint venture of Russian gas giant Gazprom and Greece’s Copelouzos, to invest 700-800 million euros in the development of a coal field in the country’s north and expansion of a local power plant

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Ukraine: Finland invests 100 million euros in economy

Finland has invested 100 million euros in Ukraine’s economy over the past twenty years, Finnish Foreign Trade and Development Minister Kai Mykkanen has stated at a briefing in Kherson Regional State Administration

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Ukraine: no notification from Egypt on the refusal of wheat imports received

Ukraine did not receive any notification from Egypt on the refusal of the Ukrainian wheat imports, the Ministry of Agrarian Policy and Food of Ukraine reported

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Belarus: winter grains sowing started

As of September 5, all regions of Belarus started sowing winter grains. According to Belarusian AgMin, 93.3 thousand ha or 6.93% of the plan have been seeded

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Ukraine: Antonov to ensure full import substitution of Russian components in new aircraft

Antonov state enterprise (Kyiv) intends in 2017 to provide 100% import substitution of Russian materials and components in the new generation Antonov airplanes promoted to the market, the press service of the company said, with reference to Antonov President Oleksandr Kotsiuba

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