Business World Magazine: вторник, декабря 06, 2016

Business World Magazine

06.12.2016

Ukraine: Ministry of Agrarian Policy estimates grain harvest at 64.2 million tons

The Ministry of Agrarian Policy and Food of Ukraine estimated the general grain harvest in the country in 2016 at the level of 64.2 million tons with the average yield of 4

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Ukraine: Crown Agents sign agreement with Health Ministry for 10 procurement programs

Britain’s Crown Agents has signed an agreement with Ukraine’s Health Ministry for 10 medicine procurement programs using 2016 budget funds

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Belarus: BZTDiA to ship first batch of tractors to UK in December 2016

The Belarusian mechanical engineering company Bobruisk Plant of Tractor Parts and Units (BZTDiA) will ship the first batch of tractors to the UK in December, the company’s Marketing Department reported

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Moldova: bad credits up in October 2016

Bad credits in the banking system of Moldova amounted to 16.29% as of the end of October, up by 0.52% MoM. Compared with October 2015, it increased by 6

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Ukraine: seaports grain exports up in late November 2016

On November 26 – December 2, Ukraine exported 922.5 thousand tons of grains from the seaports, against 836.3 thousand tons on the previous week

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Kazakhstan: 21.5 million tons of grains in clean weight harvested

In the current year, the general grain harvest in Kazakhstan totaled 21.5 million tons in clean weight, the Vice Minister of Agriculture Gulmira Isayeva declared

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Armenia: Fitch rates Yerevan “B+”

Fitch Ratings has assigned Armenian capital city of Yerevan Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of “B+” and a Short-Term Foreign Currency IDR of “B”

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USA: Belarusian-American business forum in Philadelphia in 2017

The Belarusian-American forum of small and medium-sized businesses will be held in Philadelphia in the first half of 2017. This matter was discussed during the Eurasian-American Technology Entrepreneurship Conference in Philadelphia, the press service of the Ministry of Foreign Affairs of Belarus reported

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Ukraine: sunflower oil production to reach 5.5 million tons

Taking into account the results of sunflower seed harvesting campaign, the forecast of sunflower oil production in Ukraine in 2016/2017 MY totals 5

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Belarus: peat briquette output up in January-October 2016

Belarus produced 664,600 peat briquettes in January-October, up by 19.5% YoY, the Energy Ministry of Belarus reported. Belarus’ peat output totaled 1

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Latvia: growth in non-life insurance market exceeds GDP growth indexes

In spite of slow non-life insurance market growth in Latvia, which had reached a mere 6% in the first three quarters, BALTA insurance association concluded the first nine months of 2016 with profits of EUR 3

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Azerbaijan to send first trade mission to Pakistan in 2017

Azerbaijan plans to send its first trade mission to Pakistan in late January – early February 2017, Azerbaijani Economy Minister Shahin Mustafayev said

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Ukraine: seaports grain shipments up in January-November 2016

In January-November Ukrainian seaports processed 35.74 million tons of grain cargoes (including 34.986 million tons of grains), up by 6.7% YoY

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Azerbaijan and Pakistan agree on main co-op areas

Azerbaijan and Pakistan have agreed on the main areas of bilateral economic cooperation, Khurram Dastgir Khan, Pakistan’s federal minister for commerce, reported

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Azerbaijan: Azre seeking opportunities in Iran

Azerbaijan’s Azre reinsurance company has sent a delegate to Iran to explore the market in hope of future cooperation. “We started cooperating with Iran two years ago

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Azerbaijan and Pakistan mulling joint production

Azerbaijan is ready to create necessary working conditions for Pakistani companies in the country, Shahin Mustafayev, Azerbaijani minister of economy, said

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Ukraine: seaports vegetable oils shipments up in January-November 2016

In January-November Ukrainian seaports processed 4.223 million tons of bulk vegetable oils, up by 16.9% YoY, the state enterprise Ukrainian Sea Ports Authority informed

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Armenia mulls producing wine, gin and champagne from honey

Minister of Agriculture Ignati Arakelyan has proposed producing wine, champagne and gin from honey in Armenia, a statement issued by the ministry said

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Moldova: Agroindbank the major lender in October 2016

As of the end of October Moldova-Agroindbank remained the major lender, giving out loans equal to MDL 10 billion 944.8 million, or 30.5% of all loans given out as of this date

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Ukraine: gas stocks down in December 2016

Natural gas stocks in Ukraine’s underground storage facilities since the beginning of the 2016/2017 heating season started on October 13 and as of December 3, narrowed by 1

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