Business World Magazine: пятница, декабря 09, 2016

Business World Magazine

09.12.2016

Ukraine to transfer its agro-science knowledge to Pakistan

Ukrainian Ambassador to Pakistan Volodymyr Lakomov said that Ukraine wanted to transfer its agro-science knowledge to Pakistan to develop the sector and further boost collaboration in the field

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Belarus: government to boost trade with Russia

The government of Belarus and the Russian state corporation “Bank for Development and Foreign Economic Affairs” (Vnesheconombank) plan to sign a memorandum of understanding to set up an integration development platform

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Estonia: more expensive alcohol and fuel cause price rise

Over the past year, a small consumer price increase has been registered in Estonia – from November 2015 to November 2016 the country’s consumer price index has risen by 1%

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Ukraine: EU to continue supporting regional development

The European Union will provide EUR 25 million more in 2017 and 2018 for decentralization reform. Last month EUR 23 million was sent to the Ukrainian budget, Sector Manager of Regional and Local Development in the Delegation of the European Union (EU) to Ukraine Dominik Papenheim said

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Ukraine: exports of malting barley up in October-November 2016

According to the official customs statistics, in October-November Ukraine exported 36.7 thousand tons of malting barley (12.4 thousand tons and 24

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Kazakhstan: 610 thousand ha of irrigated land to be put in circulation by 2021

By 2021 Kazakhstan plans to have put 610 thousand ha of irrigated farmland into circulation, the Chairman of the Committee for water resources at the Ministry of Agriculture of Kazakhstan Islam Abishev declared

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Ukraine: businessman Yaroslavsky to buy Odessa Port-Side Plant

DCH Group of Oleksandr Yaroslavsky has suggested creating an international consortium to acquire PJSC Odessa Port-Side Chemical Plant, the press service of the group has said

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Bulgaria: wheat exports considerably up

Milling wheat continued rising in price on the domestic market on active purchases. Export prices for 11.5%-protein wheat in Bulgaria stay at $176-179 FOB for December-January delivery

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Ukraine: 6.7 million tons of fuel imported in January-November 2016

Ukraine imported 6.656 million tons of fuel (petrol, diesel fuel, boiler oil, jet engine fuel, and others, which have FEACN code 2710) to the tune of $2

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Baltics not to expect a “walk in the park”

The austerity policy realized in Baltics during the crisis has resulted in some of the lowest budget deficit and debt levels in the European Union

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Azerbaijan: exports of agricultural products up in January-October 2016

In January-October Azerbaijan exported agricultural products valued at $311.673 million, up by 22.3% YoY, the Ministry of Agriculture declared

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Latvia: average consumer price level up in November 2016

Compared to November 2015, the average level of consumer prices increased by 1.3% in November 2016. Prices of goods grew by 0.6% and prices of services by 2

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Ukraine: electricity export-import in January-November 2016

Ukraine in January-November exported electricity worth $137.785 million, in particular in November for $14.497 million. According to the State Fiscal Service, electricity delivered to Hungary amounted to $105

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Moldova: public assets to be sold at an auction

On December 16-20, an auction of public assets will be held at the Stock Exchange of Moldova. The state stakes in 23 joint stock companies valued at a total of MDL 773

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Ukraine: 1.8 billion cubic meters of gas received from 6 European suppliers

In August-October Naftogaz procured 1.8 billion cubic meters of natural gas from Axpo Trading AG, CEZ, a.s., Engie SA, Eni Trading & Shipping S

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Latvia: Latvijas Gaze to receive 35 million euro loan from OP Corporate Bank

OP Corporate Bank plc commenced cooperation with Latvijas Gaze in relation to the provision of a loan worth EUR 35 million. The bank acquired rights to provide the loan by winning in Latvijas Gaze tender for re-financing of capital investments

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Ukraine: sunoil output hits new high in October 2016

Ukrainian large and medium-sized crushers produced 515.6 KMT of sunoil in October, up by 115.8 KMT MoM (29%, 399.8 KMT) and by 122.6 KMT YoY (31%, 393 KMT)

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Moldova: public assets privatization to bring MDL 220 million

Moldova’s government expects to have MDL 220 million from the privatization of public assets and MDL 700 million from the sale of the liquidated banks’ assets

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Moldova: credits for budget support to reach $166 million in 2017

In 2017 Moldova expects to get credits at a total amount of MDL 7 billion 397.2 million ($362.6 million) to support the budget and continue externally-funded projects

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Ukraine: capital investments in agriculture to increase in 2016

In 2016 the volume of capital investments in agriculture will exceed the last year figures nearly 1.5 times, to 44 billion UAH, the Head of investment department at the National Scientific Centre Institute of Agrarian Economics Nikolai Kisil declared

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