Business World Magazine: четверг, ноября 10, 2016

Business World Magazine

10.11.2016

Ukraine: effective air temperatures not enough for successful vegetation of winter rapeseed

During the last week of October average daily air temperature was 1-7 degrees lower than the norm with minimum lowered to -0.5 C in the Western regions during the night, and to -10 C in the Central, in the Southern and eastern regions – – 4-8 C

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Russia: annual capacity of seaports in Saint-Petersburg and Leningrad region to grow

Annual capacity of seaports in Saint-Petersburg and the Leningrad region is to be increased to 395 million tons by 2030, up 3by 8% against the year of 2015

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Russia: cargo traffic on Azov-Don River Basin up in January-October 2016

As of November 1, cargo traffic within the Azov-Don Basin of Russia’s inland water ways climbed by 14.4%, YoY, to 9.232 million tons, the Administration of Azov-Don Basin says

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Ukraine: Ukrgazvydobuvannia to invest $3 billion in drilling by 2020

Public joint-stock company Ukrgazvydobuvannia seeks to invest $3 billion to purchase and modernize drilling rigs by 2020, as well as to attract external contractors to carry out the works at the company’s fields, Ukrgazvydobuvannia Head Oleh Prokhorenko has said

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Ukraine: sunflower harvesting about to finish

Ukrainian farmers are completing sunseed harvesting. As of November 8, they gathered sunseed from 5716 thousand ha or 97% of the intended area (5916

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Ukraine: minimum alcohol prices up

Ukraine’s Cabinet of Ministers has approved of new increased minimum alcohol prices, in particular, the floor price of a half-liter bottle of vodka was increased from 54

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Ukraine: 13.1 million tons of coal imported in January-October 2016

Ukraine in January-October 2016 imported coal and anthracite valued at $1.17 billion, in particular $129.084 million in October. According to the State Fiscal Service, Russia supplied $742

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Ukraine: electricity exports in January-October 2016

Ukraine in January-October exported electricity valued at $123.288 million, in particular $9.003 million in October. According to the State Fiscal Service, electricity delivered to Hungary amounted to $93

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Turkmenistan to draw foreign capital

Turkmenistan’s investment policy is aimed at drawing foreign capital, Turkmen President Gurbanguly Berdimuhamedov said in a message addressed to the participants of the eighth International Investment Forum

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Moldova: trade with Romania

The volume of trade turnover between Moldova and Romania over 8 months of 2016 amounted to $873.06 million of which the Moldovan export equaled $344

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Latvia: throughput of port Ventspils down in January-October 2016

In January-October the port of Ventspils handled 15.5 million tons of cargo (-19.7%, YoY), the port authority says. In October the port handled 1

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Latvia: throughput of port Riga down in January-October 2016

In January-October the Freeport of Riga handled 30,410,900 tons of cargo (-8.8%, YoY). According to the port authority, coal transshipment fell by 12

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Lithuania: throughput of Klaipeda port up in January-October 2016

Freight volume handled at the Port of Klaipeda between January and October increased by 3% YoY and totaled 33.27 million tons, the Port Authority statistics said

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Ukraine: NBU to cut cash to 9.5% of GDP by 2020

The National Bank of Ukraine (NBU) hopes to cut cash from 14.3% in 2015 to 9.5% of GDP in 2020, NBU Governor Valeriya Gontareva has said. “We set the introduction of cashless payments as a top priority task

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Bulgaria: bullish trends on grain market continue

Last week Bulgaria’s domestic market of cereal crops saw a rise in purchase prices. The bullish factors for them included strong grain demand, both from traders and processing companies, along with appreciation of the Bulgarian currency against the US dollar

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Belarus: Belarusbank to have Kamvol’s $229,434 credit secured

Belarusbank will have its $229,434 credit to OAO Kamvol fabric manufacturer secured by the government. The credit was issued in February 2014 to help the fabric manufacturer replenish circulating assets

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Belarus to take part in modernization of Cuban steel manufacturers

Belarus may take part in the projects to upgrade Cuban steel manufacturers. This issue was on the agenda of the meeting of Belarus’ Ambassador to Cuba Alexander Alexandrov with director of the Mexican company BH Equipos de Mexico Jose Gonzalez in Havana, the press service of the Belarusian Ministry of Foreign Affairs reported

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Belarus: GDP energy intensity halved

The energy intensity of Belarus’ gross domestic product was halved in the last 13 years. The information was released by Vitaly Kretsky, Head of the Department for Organizational and Legal Work and Interaction with Mass Media in the State Standardization Committee of Belarus

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Finland: Baltic Line Finland signs long term TC-agreement with Prima Shipping

Baltic Line Finland has signed a long term TC-agreement with Prima Shipping for mv Baltic Madonna. The vessel will replace mv Link Star in January 2017, Port of Turku said in its press release

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Kazakhstan: frost and precipitation hamper planting of winter wheat

Moderately warm weather with precipitation and night frosts to 12 degrees C was observed in the south and south-east of Kazakhstan on October 21-31

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Ukraine: Allseeds plant processes 120 KMT of sunflower seeds

From the start of the 2016/2017 season Allseeds has been steadily increasing the volumes of sunflower seeds processed at its oil-extracting plant in Yuzhny

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