Business World Magazine: четверг, ноября 24, 2016

Business World Magazine

24.11.2016

Ukraine: Astarta steps up soybean product exports

Astarta exported 115 KMT of soybean crushing products in January-September that is almost 81% of the segment’s sales, the company’s press service reports

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Belarus: AID-Venture venture funding program launched

A $2.5 million venture funding program – AID-Venture – has been launched in Belarus, Bel.biz Group reported. The consortium of partners consisting of several companies has won the tender for venture capital ecosystem development in Belarus

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Ukraine: world’s largest operator ready to enter port

The Infrastructure Ministry is in talks with the global operator Hutchison Ports, which is ready to enter one of Ukraine’s biggest ports, Infrastructure Minister Volodymyr Omelyan said

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Ukraine to join BEPS action plan in early 2017

Ukraine from January 1, 2017 will become an official member of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) led by the Organization for Economic Cooperation and Development (OECD)

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Ukraine: Ukravtodor to build new road to Hungary

The State Agency of Automobile Roads of Ukraine (Ukravtodor) intends to build a new road, which will connect the M-06 Kyiv-Chop highway with the Hungarian road M-3 Budapest-Nyiregyhaza

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Ukraine: companies to export sugar, pork and sunflower oil to China

Ukrainian companies, which participated in a trade mission to China, have received first orders from Chinese importers for sugar, pork and sunflower oil deliveries

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Latvia: Port of Riga handles 3.54 million tons of cargo in October 2016

Port of Riga said October was the most successful month of the year in regards of cargo turnover, as well as the most successful October in the port’s history

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Ukraine: grain production revised

Ukraine’s grain output will increase to 64 million metric tons in the 2016-2017 season, the largest grain harvest since the country gained independence in 1991, Agriculture Minister Taras Kutoviy said

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Ukraine: passenger traffic water transport down in January-October 2016

In January-October transportation of passengers by water transport in Ukraine totaled 400,000 passengers (-22.4%, YoY). According to the State Statistics Committee of Ukraine, total passenger turnover in Ukraine fell by 6

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Ukraine: NBU relaxes access to currency loans with participation of export-credit agencies

The National Bank of Ukraine (NBU) has made an exception of the general rules of controlling the rates of foreign credits of loans if resident borrowers (both companies and financial institutions) raise funds from nonresident creditors with the participation of export-credit agencies

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Kazakhstan: record volumes of flour produced in October 2016

According to the Agency of Statistics of the Republic of Kazakhstan, in October the production volumes of flour from grains and other plant crops reached the record figures – 388

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Ukraine: nearly 17 million tons of grains exported

Since the beginning of 2016/2017 MY, Ukraine exported 16.8 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the State Fiscal Service of Ukraine

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Belarus: Grodno region to build wind farm

A wind farm worth around 3 million euro will be built in Grodno region near Zelva in the framework of an investment agreement signed between Grodno region administration and Zilant Ltd

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Ukraine: cargo transportation by water down in January-October 2016

In January-October water transport of Ukraine carried 5.5 million tons of cargo (-0.2%, YoY), says State Statistics Committee of Ukraine. Cargo turnover decreased by 28% to 3,279

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Bulgaria: pace of winter barley sowing down

According to the Bulgarian Ministry of Agriculture, as of November 10, winter wheat had been sown at 901.2 thousand ha. The pace of sowing is 3

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Ukraine: wheat exports down in October 2016

Ukraine exported roughly 2058 KMT of wheat in October down from 2068.5 KMT in October 2015. For the first four months of 2016/2017, Ukrainian wheat exports increased by 9

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Belarus: Belaruskali doubles NPK fertilizer output in 2016

Belarus’ mineral fertilizer manufacturer Belaruskali (Soligorsk, Minsk region) says it has doubled the production of NPK fertilizers in 2016

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Belarus: Belaruskali to purchase electric motors

The state-owned Belarusian company OAO Belaruskali has announced a tender to purchase 52 electric motors ranging in capacity from 0.25kW to 200kW valued at Br582,750 ($297,900), according a message posted on Belarus’ official procurement web site

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Belarus to utilize 400 million euro in Austrian investments in 2016

Belarus plans to utilize about 400 million euro under Austrian projects in 2016, Chairman of the Belarusian Chamber of Commerce and Industry (BCCI) Vladimir Ulakhovich said at the opening of the business matchmaking event for Belarusian and Austrian businessmen

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Ukraine: over 4 MMT of soybeans harvested

Ukrainian farmers are completing sunseed harvesting. As of November 21, this crop was gathered from 5839.7 thousand ha or 99% of the intended area (5919

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Belarus: beef exports up in January-September 2016

Belarus’ beef export grew by 14.4% YoY in January-September to 118,474 tons, Belarus’ National Statistics Committee (Belstat) said in a report

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Belarus invests $50 million in Austrian economy in January-September 2016

Belarus invested about $50 million in the Austrian economy in January-September, Deputy Minister of Foreign Affairs of Belarus Alena Kupchyna said at the opening of the business matchmaking session between the businessmen of Belarus and Austria on November 23

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Ukraine: government backs termination of agreement with Russia on liquidation and return of aircraft

Ukraine’s Cabinet of Ministers has approved of a bill on termination of the intergovernmental agreement signed with Russia on July 1, 2003 on the liquidation of the procedure for returning aircraft staying at repair plants of the Ukrainian and Russian defense ministries

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