Ukraine: Ukrzaliznytsia to modernize 200 passenger cars

Ukrzaliznytsia in 2016 plans to repair 100 passenger cars and next year – 200 cars, making them modern with vacuum water closets, Ukrainian Infrastructure Minister Volodymyr Omelyan said

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Ukraine: poultry production returns to upward trend

After some slowdown in 2015, Ukraine’s poultry production is returning to its upward trend, according to the latest report from the US Department of Agriculture’s Foreign Agricultural Service (FAS)

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Ukraine needs to lift ban on timber export

Ukraine needs to lift the ban on export of timber and settle the issue of social payments to internally displaced persons in order to get the next tranche of macro-financial assistance to the tune of 600 million EUR from the EU, new head of the EU Delegation to Ukraine, Ambassador Hugues Mingarelli has said

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Ukraine: list of agricultural products for exports to Indonesia expanded

The Embassy of Ukraine in the Republic of Indonesia in cooperation with the State Service on Food Safety and Consumer Protection informed about expansion of the list of Ukrainian agricultural products allowed for exports to Indonesia, the Council of Exporters and Investors under the Ministry of Foreign Affairs of Ukraine declared

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Ukraine: seaports grain exports halved in early October 2016

On October 3-9, Ukraine exported 545.9 thousand tons of grains from the seaports against 1.02 million tons on the previous week. In particular, wheat shipments reached 312 thousand tons, barley – 155

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Turkey to fine suppliers of unsafe foods to Russia

Turkey has proposed to control safety of all food products delivered to the Russian market as well as fine suppliers of unsafe foods, Deputy Minister of Turkey’s Food, Agriculture and Livestock Nusret Yazici said at the meeting with the head of Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) Sergey Dankvert

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Russia: Turkey to lose $1 billion in 2016 from food sanctions

The share of Turkish goods hit by Russian sanctions introduced early in 2016 accounted for 22% in the structure of Russian import from Turkey or nearly $1 billion in 2015, the Russian Ministry of Economic Development said in draft customs and tariff policy guidelines for 2017-2019

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Ukraine: Turboatom to pay dividends for last year in late 2016 – early 2017

PJSC Turboatom (Kharkiv), in which 75.22% of the shares are owned by the state, will pay dividends over the past year in the period from December 15, 2016 to February 9, 2017

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Ukraine: throughput of port Yuzhny down in January-September 2016

In January-September Commercial Sea Port Yuzhny handled 29,609,000 tons, down by 16.5% YoY, according to the Ukrainian Sea Ports Authority. In the reporting period, transshipment of liquid bulk cargo fell by 8

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Ukraine: Skadovsk resumes ferry voyages to Turkey

Skadovsk maritime merchandise port on October 6, serviced the first ferry from Turkey running the Skadovsk-Zonguldak route the operation of which had been resumed

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Russian: min sees oil glut falling until end of 2016

Russian Energy Minister Alexander Novak expects the international oil surplus to fall by about 1 million barrels per day (bpd) until the end of 2016, Novak reported

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Russia: economic minister sees inflation at 5.4-5.5% in 2016

Russia’s consumer price inflation will amount to 5.4-5.5% in 2016, below the official forecast of 5.8%, Economic Development Minister Alexei Ulyukayev reported

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Russia to cut gas price for Belarus

Russia has agreed to cut the 2016 gas price and has outlined a plan of further reductions for the next few years for Belarus, while Minsk agreed to redeem a $300 million debt for past deliveries, government officials said

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Russia to ship 100,000 tons of wheat to Syria as humanitarian aid

Russia is considering shipping 100,000 tons of wheat to Syria as humanitarian aid, a source at Russia’s Agriculture Ministry reported, adding this volume could be supplied via the Black Sea and paid for by Russia’s government

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Russia: Sovcomflot to be privatized in parts

VTB Capital, an investment advisor on privatization of the government’s 25% stake in Russian shipping company Sovcomflot, has submitted a report to the Economic Development Ministry in which it said that the stake might be sold in 2017 in parts on the Moscow and New York stock exchanges, Minister Alexei Ulyukayev reported

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Russia: over 112 million tons of grains harvested

As of October 6, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 43

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Russia: over 10 million tons of grains exported

Since the beginning of 2016/2017 MY and as of October 5, the volume of grain exports from Russia totaled 10.402 million tons, down by 4% YoY (10

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Russia becomes global grain superpower as wheat exports explode

Almost 25 years after watching the Dawn of Communism collective farm where he grew up land in the dustbin of history, Andrey Burdin is helping turn Russia into something the communists never could: a grain-export powerhouse

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Russia: winter crops conditions in late September 2016

At the end of September winter crops in the major part of the country were at different stages of development, depending on sowing terms – from emergence to tillering

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Russia and Turkey to finish work on agreement on trade in services and investments in 2017

Russia and Turkey have agreed to complete the work on a joint agreement on trade in services and on investments by the end of the next year, Russian Minister of Economic Development Alexei Ulyukayev said, adding that this agreement would provide better protection to investors and would create new possibilities for them

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Russia: daily oil output sets a record

Russia’s average daily oil and gas condensate output grew to 11.2 million barrels daily in October from 11.11 million barrels in September, setting a new post-Soviet record high, Bloomberg reported, citing preliminary data of CDU TEK, an agency that provides data and analysis to the Russian Energy Ministry

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Ukraine: share of Ukrainians involved in Boeing projects has been growing for the last three years

The share of Ukrainian professionals involved in Boeing projects has increased significantly over the past three years – from 0.1% to 2%

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Ukraine: investment boost observed

Opening of new enterprises manufacturing added-value products is a proof that Ukraine experiences growing investment levels. This was stated by Prime Minister of Ukraine Volodymyr Groysman after opening of the company Bila Tserkva Plant of Preparation Forms

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Ukraine: FTA agreement with Israel to be signed next year

The President of Ukraine Petro Poroshenko has held a meeting with the Minister of Environmental Protection, Minister of Jerusalem Affairs Ze’ev Elkin

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Ukraine: Naftogaz oil and condensate production up in 2015

In 2015 Naftogaz Ukrainy increased production of oil and condensate by 20.7% YoY, to 318,000 tons (2.33 million barrels). According to a company consolidated report, posted on its website, commercial gas production was 192 million cubic meters, up 4

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Ukraine: MHP to increase poultry output at Dutch plant

Myronivsky Hliboproduct (MHP) plans to increase poultry output at its plant in the Netherlands to 10,000 tons per month, MHP Chairman Yuriy Kosiuk has said

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Ukraine: long awaited rains arrive

After long term September drought rains were observed throughout the whole territory of Ukraine last week. Thus, heavy rains were seen in Lvov region (Western Ukraine) – on October 4, daily precipitation totaled 54

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Kazakhstan: Ak Biday Terminal doubles grain shipments in January-September 2016

In January-September the grain terminal JSC Ak Biday Terminal, the subsidiary company of National Company Food Contract Corporation JSC, exported nearly 402

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Kazakhstan: expected record crop puts pressure on wheat prices

Decrease in prices for milling wheat was seen at the export market of Kazakhstan. Last week export prices for 12.5% wheat decreased by $20-22 on average in the Aktau port to $163-170/MT FOB

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Ukraine: investment interest constrained by unfavorable business climate

Investment interest in Ukraine is restrained by the unfavorable business environment in the country, according to participants of the Kyiv International Economic Forum

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Russia to cover nearly 15% of the global food market

In the following 15-20 years, Russia will cover nearly 15% of the global food market, and increase the sum of agricultural exports to $150 billion, specialists of the International Independent Institute of Agricultural Policy (MNIAP) forecast

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Russia: grain export supplies from the seaports down in early October 2016

On October 3-9, export volumes of grains from the Russian seaports reached 325.8 thousand tons against 425.8 thousand tons shipped on the previous week

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Azerbaijan: $3.2 million worth of Kazakh wheat imported in January-July 2016

In January-July Azerbaijan imported wheat from Kazakhstan valued at $3.2 million, or 73% of the general volume of Kazakh exports to the country, the Minister of Industry and Energy of Azerbaijan Natig Aliyev declared

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Ukraine: IMF welcomes economic achievements

According to the results of the second review of implementation of the IMF program by Ukraine, the fund is “impressed” by the government’s efforts to carry out reforms and renew its economy

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Ukraine: trade turnover with Russia not to exceed 5%

Ukrainian Foreign Minister Pavlo Klimkin says that trade turnover between Ukraine and Russia will not exceed 4-5%. “We cannot retain previous economic ties with Russia

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Ukraine: flour production continues to drop

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

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Ukraine: exports in trade turnover with Turkey exceed imports

Trade turnover between Ukraine and Turkey has exceeded $2 billion since the beginning of 2016. In particular, exports have come to $1.4 billion imports to and $667 million

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Ukraine: sunflower oil exports down in August 2016

In August sunoil exports were 258 KMT. In July Ukraine exported 353 KMT and in August 2015 – 224 KMT. Total sunoil export volumes in 2015/2016 were 4478 KMT compared to 3870 KMT in 2014/2015, which is a new record

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Russia: 12.1 million tons of grains exported

According to territorial directorates of the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor), in July-September the exports of grain crops and its by-products from Russia totaled 12

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Ukraine: Infrastructure Ministry to hold talks on cooperation with Hutchison Ports

Ukraine’s Infrastructure Ministry is to hold talks with top managers of Hutchison Ports, a leading global port operator owning ports in 25 countries, on October 13, Ukrainian Infrastructure Minister Volodymyr Omelyan has said

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