Business World Magazine: пятница, октября 21, 2016

Business World Magazine

21.10.2016

Ukraine: sunflower seed market in 2015/2016

The 2015/2016 marketing year was quite successful for Ukraine in markets of sunflower seed and its processed products. All-time high sunseed production at 11760 KMT was the key to such a success

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Ukraine: imports of rye from Belarus resumed

According to the official statistics figures, in September Ukraine imported 4.5 thousand tons of rye, including 90% of the grain of Belarusian origin

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Ukraine: soybean oil exports up in September 2016

In September Ukraine exported 13.7 KMT of soybean oil, which is record high for this month. In September 2015 exports equaled 9.7 KMT, and in August 2016 – 10

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Ukraine: major quotas for duty-free exports of agricultural products to the EU filled

In the current year, Ukraine has already filled all major quotas for duty-free exports of agricultural products to the European Union, except for meat products, the Director of the department of international cooperation at the Ministry of Agrarian Policy and Food of Ukraine Alexander Romanovsky declared

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Ukraine: biggest drug producer to build plant in Azerbaijan

Ukraine’s biggest pharmaceutical company Indar plans to build a medicine plant in Azerbaijan, Ukrainian Ambassador to Azerbaijan Alexander Mishchenko said

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Ukraine: Oschadbank’s profits up in January-September 2016

Profit of state-run Oschadbank (Kyiv) in January-September totaled 410.7 million UAH, while the bank saw 5.4 billion UAH loss a year ago, the bank has said in a press release

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Ukraine: Pivdenne Design Bureau developing new anti-aircraft complex

Ukraine’s Pivdenne (Yuzhnoye) Design Bureau is stepping up the international military and technical cooperation and together with a foreign partner is developing a new short-range anti-aircraft artillery complex in the interests of the Armed Forces of Ukraine

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Ukraine: strong demand supports export prices for milling wheat

Last week prices kept growing on Ukrainian export market of milling wheat. Increased demand from major importers was the main driver for price strengthening

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Ukraine: specialized elevator capacities loaded at nearly 31%

After active putting into operation of new elevators in the period of 2010-2015 in the current year Ukraine demonstrated a significant reduction of activity in the market segment, the grain market analyst at APK-Inform Agency Andrei Kupchenko declared

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Belarus: potash delivered by sea in bulk to Australia first time ever

In October Belarusian Potash Company and OAO Belaruskali shipped potassium chloride to Australia by sea in bulk for the first time ever, the press service of Belarusian Potash Company reported

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Belarus: companies team up with Tatarstan to design gas-fueled engine

Minsk Motor Plant (MMZ) and the Tatarstani holding company RariTEK have signed a memorandum of cooperation to develop and make gas-fueled engines based on engines of the Belarusian company

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Belarus: harvesting of corn and sugar beet continues

As of October 20, agricultural organizations in Belarus continued harvesting corn for grain and sugar beet, the Ministry of Agriculture and Food declared

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Belarus: Mogilev region and Turkey to strengthen cooperation

Belarus’ Mogilev region and Turkey are set to strengthen their interaction. Matters of bilateral cooperation were discussed during a meeting between Mogilev region Governor Vladimir Domanevsky and Ambassador Extraordinary and Plenipotentiary of Turkey to Belarus Kezban Nilvana Darama on October 18

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Belarus: potash exports to Ukraine up in January-August 2016

Belarusian Potash Company (BPC) shipped 42,190 tons of potash fertilizers to Ukraine in January-August, up by 31% YoY. Potash export proceeds from Ukraine-bound shipments grew by 16

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Belarus: cement plants to make more active use of dried peat as alternative fuel

Belarus’ cement plants are expected to increase the use of dried peat as fuel to 180,000 tons by 2020, up by 50% from the 2016 level, Belarus’ Energy Ministry reported

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Belarus and India busy advancing cooperation in pharmaceutics

Belarus and India are working hard to advance cooperation in pharmaceutics, the Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich reported

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Belarus: investment potential to be presented at Eurasian Forum in Verona

The economic and investment potential of Belarus will be presented at the fifth edition of the Eurasian Forum in Verona, Italy on October 21, spokesman for the Belarusian Ministry of Foreign Affairs Dmitry Mironchik reported

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Belarus: corn crop to triple

Cold air temperature, falling below zero at night on the major part of the Belarus contributed to slower vegetation processes of grain crops and winter rapeseed

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Russia: Bashkortostan head gets post in Bashneft BD

Governor of the Bashkortostan republic Rustem Khamitov has accepted the position of the board of directors deputy chairman of oil company Bashneft, located in the republic, Igor Sechin, CEO of Russian oil major Rosneft, which has recently bought half of Bashneft, said

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Azerbaijan offers Iran to boost joint construction of power plants

Joint construction of new power plants by Azerbaijan and Iran will enhance energy stability and export potential of Nakhchivan Autonomous Republic, Etibar Pirverdiyev, head of Azerenergy OJSC, the largest electrical power producer in Azerbaijan, reported

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Ukraine: UIA increases the Kiev – Amman flight frequency

On October 30, Ukraine International Airlines will increase the Kiev – Amman flight frequency up to five weekly flights. The Kiev – Amman flights will be operated on modern Boeing 737 aircraft with two cabin classes (Business Class and Economy Class) five times a week

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