Business World Magazine: пятница, декабря 16, 2016

Business World Magazine

16.12.2016

Ukraine: Milk Alliance starts supplying butter to the Netherlands

Milk Alliance Group has reported that a first batch of butter with 82.5% fat content in the amount of 140 tons has been shipped to the Netherlands

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Ukraine: Kiev most unlikely to buy Russian gas this winter

Naftogaz Ukrainy is very unlikely to buy gas from Gazprom until the end of winter, CEO Andrei Kobolev said. “We have not bought gas from Gazprom this year

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Ukraine: IMF’s next tranche to depend on bond owned by Russia

The International Monetary Fund (IMF) has called on Russia and Ukraine to settle Kiev’s $3 billion eurobond owned by Moscow on which the fund’s disbursal of the next tranche depends, Ron van Rooden, chief of the IMF’s recent mission to Ukraine, reported

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Ukraine: EU’s share in foreign trade increases

The share of the European Union in the balance of foreign trade of Ukraine has increased from 30% to 45% in two years. President of Ukraine Petro Poroshenko said this during his working visit to Ternopil region

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Ukraine: government approves of 2016 financial plan for Energoatom

Ukraine’s Cabinet of Ministers has approved of a financial plan of the National Nuclear Generating Company Energoatom for 2016, the press service of the government has reported

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Estonia: ICT specialists exempt from immigration quota

Estonian Riigikogu adopted an amendment to the country’s Aliens Act to simplify the settling of foreigners in Estonia that could make a contribution to the local economy, especially people working in the field of information and communication technology

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Europe: EP supports quicker visa requirement restoration for non-EU nationals

On December 15, the European Parliament approved of new rules that provided for quicker restoration of visa requirements for non-EU nationals in events when EU member states faced surge of illegal immigration or security risks

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Ukraine: sunmeal exports up in October 2016

Ukrainian sunmeal exports totaled 349.8 KMT in October against 141.5 KMT in September and 348 KMT in October 2015. In 2016/2017 (September-October), this product’s shipments to foreign markets somewhat exceeded last season’s: 491

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Ukraine: Canada ratifies FTA agreement

The House of Commons of Canada has supported the ratification of a free trade area (FTA) agreement with Ukraine, according to the Deputy Minister of Economic Development and Trade, Ukraine’s Trade Representative Natalia Mykolska

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Kazakhstan: Wilmar’s crushing facilities to appear

Kazakhstan declares its agriculture development plans and takes steps for their fulfillment. The nation has aimed at exporting up to half the production to CIS markets in three years

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Ukraine: Ukrgazvydobuvannia to invest 30 billion UAH in new equipment and drilling in 2017

In 2017 PJSC Ukrgazvydobuvannia plans to invest 30 billion UAH in drilling and purchase of new equipment, head of the company Oleh Prokhorenko has said at a press conference in Kyiv

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Romania: snow covers absent in major grain producing regions

Lower-than-usual temperatures (down by 2-4 degrees C from their long-term average) were registered in the west and north-west of Romania. Temperatures above the long-term normal occurred in the south of the country and in its northeastern region named Moldova (2 C)

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Moldova: winter crops enjoy fair conditions for survival

The weather was colder-than-usual and featured precipitation. Diverse temperatures and precipitation shortages were reported in the country. The average weekly air temperature was +0

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Moldova: Trans-Oil Group invests $6 million in grain terminal in the port Giurgiulesti

The leader in the sphere of trading in agricultural products and sunflower oil production in the Republic of Moldova – the company Trans-Oil Group – invested $6 million in increasing capacities of the grain terminal in the Giurgiulesti International Free Port, the press-service of the company declared

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Ukraine: pea exports up in July-November 2016

In the first five months of the current season pea exports from Ukraine have managed to exceed last season’s potential. 252 KMT of peas were shipped for export from July through November, up by 4

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Kazakhstan: Ak Biday Terminal grain shipments up in January-November 2016

In January-November the grain terminal JSC Ak Biday Terminal, the subsidiary company of the National Company Food Contract Corporation JSC, exported over 452 thousand tons of grains through its grain terminal in the Aktau port, the press-service of Food Contract Corporation declared

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Bulgaria: grain market behavior

Purchase prices for grains on Bulgaria’s domestic market somewhat sank last week. They were pressured primarily by volatility of the national currency against the U

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Belarus: Belshina launches all-steel radial tyres with 57-inch rim diameter

OAO Belshina (Bobruisk, Mogilev region) says it has manufactured an all-steel radial tyre with a 57-inch rim diameter. The tyre is intended for super-size dump trucks with a 220-ton load capacity used for open-cast mining

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Belarus: truck exports up in January-October 2016

Belarus increased truck exports by 24.3% YoY in January-October to 3,528 units, Belstat said in a statistical report. In value terms, truck exports grew by 5

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Ukraine: Investment Attractiveness Index freezes in H2 2016

Ukraine’s Investment Attractiveness Index in H2 totaled 2.85 points compared to 2.88 points in H1 and 2.57 points in H2 2015, according to a study of the European Business Association (EBA) conducted on the basis of a poll of top managers of companies in November and December

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