Business World Magazine: понедельник, ноября 14, 2016

Business World Magazine

14.11.2016

Ukraine: over 58 million tons of grains harvested

As of November 11, Ukrainian agrarians harvested 58.441 million tons of grains throughout the areas of 13.176 million ha, or 92% of the plan

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Belarus: winter crops face bad weather conditions

Due to predominantly below-normal temperatures, winter crops faced bad weather conditions for their growth and development in October. In most of the country, the accumulated sum of effective degree-days was lower than in October 2015 when winter crops were also exposed to warmth shortages

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Azerbaijan to host next GUAM customs reps meeting

The 26th meeting of the Trade and Transport Facilitation (TTF) Project Steering Committee of the GUAM Organization for Democracy and Economic Development will be held in Azerbaijan, the country’s State Customs Committee said in a message

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Azerbaijan: map of bank branches for tourists issued

Azerbaijan’s Financial Market Supervisory Authority has presented a map of bank branches and offices in top tourism destinations in the country

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Azerbaijan and Iran keen to develop co-op in navigation

A meeting between the Azerbaijan Caspian Shipping CJSC and a delegation of Iran’s Ports and Maritime Organization was held in Baku. During the meeting, the sides noted necessity to develop cooperation in navigation

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Azerbaijan: trade turnover with China up in January-September 2016

Trade turnover between Azerbaijan and China increased by 56% YoY in the nine months of 2016, Azerbaijani Economy Minister Shahin Mustafayev said

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Russia: ATB units not allowed to sail within water area of Big Port St. Petersburg

ATB units are not allowed to sail within water area of Big Port St. Petersburg from November 21 under the order of Port Harbour Master Aleksandr Volkov

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Azerbaijan: WB ready to provide technical aid

The World Bank (WB) is ready to provide technical assistance to support the strengthening of macroeconomic stability in Azerbaijan, the WB leading expert Naoko Kojo said

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Ukraine: Kherson airport to stay in municipal ownership after reconstruction

The Kherson airport after its reconstruction would remain in municipal ownership, as it is a sensitive facility of national defense, governor of Kherson region Andriy Hordeyev has said

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Ukraine: NBU confirms inflation dynamics according to its forecast

In October headline inflation was recorded at 2.8%, the press service of the National Bank of Ukraine (NBU) reports. In annual terms headline inflation accelerated to 12

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Ukraine: Nibulon to invest at least $300 million in river transport

Nibulon agricultural company in the framework of its strategic plans in the field of inland waterway transport intends to build five new river transshipment terminals and continue building inland and mixed navigation transport ships

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Palestine: president paying visit to Turkmenistan

Palestine’s President Mahmoud Abbas is on a visit in Turkmenistan on November 13-15. Palestine and Turkmenistan are slated to sign documents on strengthening and expansion of cooperation following a meeting between Abbas and the Turkmen President Gurbanguly Berdimuhamedov

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Romania: SOCAR to take up to 10% of energy market

Azerbaijan’s state oil company SOCAR plans to get hold of up to 10% of the Romanian energy market in a short period of time, SOCAR said in a message quoting Hamza Karimov, director general of SOCAR Petroleum SA, a SOCAR subsidiary in Romania

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Uzbekistan: export of fruit and vegetables to go up in 2016

Uzbekistan will export 1 million tons of fruit and vegetables by late 2016, Ulugbek Rozukulov, Uzbek deputy prime minister, said at the first International Fruit and Vegetable Fair in Tashkent

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Estonia: throughput of port Tallinn down in January-October 2016

In January-October the Port of Tallinn handled 17.01 million tons of cargo (-11%, YoY). According to the Port Authorities, transshipment of containers dropped by 4

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Ukraine: Ukrenergo advocates full harmonization of power grid with ENTSO-E

National energy company Ukrenergo believes that the key tasks for European integration is the complete integration of Ukrainian power grid with the European Network of Transmission System Operators (ENTSO-E) and the introduction of a new market model in line with the bill on the electricity market passed at first reading

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Ukraine: UOP at Indo Defense-2016

“Antonov” aircraft, Ukrainian armored vehicles and other developments of the SC “UkrOboronProm” attracted the most attention not of the visitors’ only, but also hosts of international exhibition Indo Defence-2016

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Ukraine: Ukrzaliznytsia and KCBW to cooperate in rolling stock production and modernization

PJSC Kriukov Car Building Works (KCBW, Poltava region) and PJSC Ukrzaliznytsia intend to cooperate in production and modernization of rolling stock for Ukrainian railways as the parties have signed a corresponding memorandum

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Kazakhstan and South Korea planning joint oil & gas processing projects

Kazakh and South Korean presidents Nursultan Nazarbayev and Park Geun-hye discussed the expansion of cooperation in the energy sector and the possibility of implementing joint projects in oil and gas processing

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Kazakhstan and South Korea sign documents worth $640 million

Kazakhstan and South Korea signed 23 documents worth $640.2 million during a bilateral business forum held in Seoul. The forum, attended by 350 businessmen from the companies of both countries, was held on November 10 during the visit of Kazakh President Nursultan Nazarbayev to South Korea

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Iran: Tehran and Baku discuss shipping co-op

Iranian Ports and Shipping Organization officials during a visit to Baku discussed prospects of bilateral cooperation with their Azerbaijani counterparts

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Kazakhstan: considerable oil supply growth expected

Kazakhstan is expected to be the second largest source of non-OPEC supply growth after Brazil in 2017, OPEC said in its monthly oil market report published on November 11

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Ukraine: sunseed exports in September 2016 doubled

Sunseed exports totaled 2.9 KMT in September against 1.8 KMT in August and 1.4 KMT in September 2015. The downward trend in sunseed export deliveries was broken in the previous season of 2015/2016

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