Business World Magazine: вторник, ноября 08, 2016

Business World Magazine

08.11.2016

Ukraine: UIA and Amadeus sign a partnership agreement

On November 4, Ukraine International Airlines and Amadeus signed a partnership agreement, enabling UIA to drive revenue generation and growth

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Russia: coal exports up in January-October 2016

In January-October Russian coal exports climbed by 20.2% YoY, to 135,772,130 tons, the Ministry of Energy statistics said. In October, coal exports totaled 14,683,100 tons

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Russia: board member to sell 1.3% in Magnit

A member of Russian food retailer Magnit’s board of directors, former director of its operating unit Tander Vladimir Gordeichuk is selling a 1

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Estonia: agreement signed with GE regarding Auvere power plant

Enefit Energiatootmine AS (fully owned subsidiary of Eesti Energia Group) has reached a settlement with GE (including Alstom Estonia AS, GE Power Sp

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Russia: agriculture and high-tech projects to stimulate trade with Israel

Projects in the pharmaceutical sector, the sphere of agriculture technologies and high-technology industry may accelerate cooperation between Russia and Israel and stimulate growth of mutual trade, Prime Minister Dmitry Medvedev said

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Belarus: imports of rapeseed low

In 2016 Belarus demonstrated the lowest index of rapeseed production during 8 recent years. But since the beginning of the current season, the oilseed import volumes were estimated as quite moderate, due to the higher offer prices of imported rapeseed in comparison with the Belarusian oilseed, as well as price environment of the rapeseed oil market

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Ukraine fines Russian carriers for Crimean ops

The Ukrainian government has issued fines totaling 721.236 million UAH ($28.25 million) to Russian airlines carrying out commercial services to Simferopol

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Europe: prospects of the Black Sea grain market in 2017

In 2016/2017 season export potential of the Black Sea region is estimated to overcome 105 MMT. Black Sea countries steadily take new positions in the global grain production and trade, overtaking traditional top exporters, such as USA and EU

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Ukraine: Cabinet approves of terms to raise loans

The Cabinet of Ministers has approved of the terms of attracting credits by business entities that are residents of Ukraine within the program to improve the country’s defense capability and security under state guarantees for a period of not less than 3 years and under not more than 19% per annum

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Ukraine: China to invest in industrial parks

China is interested in placing its production at Ukrainian industrial parks and has already provided the Ukrainian side with the corresponding plan of cooperation, Vice President of the China International Chamber of Commerce Lu Jianzhong has said

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Ukraine: CHS Ukraine with partners to allocate $50 million for farmers support program in 2017

CHS Ukraine LLC is to allocate $50 million under a program for support of agricultural producers in 2017, CHS Ukraine CEO Viacheslav Kolosvetov has said

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Ukraine: weather conditions remain unfavorable for winter crops growing

Very cold weather as for this time of year, with insignificant precipitation persisted on October 21-31. As of October 28, productive moisture reserves in the plow soil layer (0-20 cm) under winter wheat were within 14 to 35 mm in the East (against multi-year averages of 22-31 mm), 58 to 61 mm in the West, and 24 to 55 mm in the North

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Ukraine looking for Chinese investments in economy

Ukraine expects that Chinese investors will help Ukraine develop future technologies, including the creation of the so-called smart cities in Ukraine

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Ukraine: railway wagon production to create up to 50,000 jobs

Ukrainian Prime Minister Volodymyr Groysman has said that production of railway wagons for the needs of public joint-stock company Ukrzaliznytsia at Ukrainian enterprises could create up to 50,000 jobs

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Ukraine: new ASF outbreak hits central regions

Ukraine has reported two new outbreaks of African Swine Fever (ASF) to the OIE following cases of the disease in the Kiev area. Two commercial farms located in Sokolivka and Tetiyiv, both in the Kiev area, were confirmed with having ASF on November 4

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Ukraine: currency sales exceed purchases in October 2016

Ukrainians in October 2016 sold to banks $113.9 million more foreign currency than bought, according to the website of the National Bank of Ukraine (NBU)

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Ukraine: seaports grain exports down in early November 2016

On October 31 – November 6, Ukraine exported 835.9 thousand tons of grains from the seaports, against 851.5 thousand tons on the previous week

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Kyrgyzstan: demand for wheat growing

In terms of constant increasing of the demand for wheat in Kyrgyzstan, the country reduces the planted areas of grains almost every year, the Committee of flour millers under the Entrepreneurs Union of the Kyrgyz Republic declared

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Kazakhstan, Kyrgyzstan and Russia hold joint “Clear Sky 2016” military exercise

Kazakhstan, Kyrgyzstan, and Russia conducted the joint “Clear Sky 2016” International command-staff exercise. Central Asian military pilots are currently carrying out joint exercises to repel missile strikes over the region

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Ukraine: Kyivstar sees 11% rise in revenue in January-September 2016

Kyivstar mobile communications operators saw 11.079 billion UAH of total revenue in January-September, while a year ago the indicator was 10

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Ukraine: U.S. to study extension of anti-dumping duties on urea for five years

The United States will study the expansion of anti-dumping duties on Ukrainian dry urea for five more years, the press service of the Ukrainian Economic Development and Trade Ministry has reported

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