Ukraine: prospects of oilseed production in 2017/2018 season

The interest in oilseeds growing has strengthened considerably over the last decade. As a result, plantings for MY 2016/2017 expanded to 8.9 million ha against 6

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Europe: ECSA adopts position on policy for the Arctic

European shipowners welcomed earlier this year the adoption of the integrated European Union policy for the Arctic region, ECSA said in its press release

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Russia: 7% cell clients change operators in H1 2016

About 7% of Russian mobile subscribers changed their operators in January-June as compared to 4-5% of users who switched to other operators within six months in several previous years, according to a Deloitte research

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Russia: Su-34 fighter bombers squadron set up in Far Eastern Khabarovsk region

A squadron of the newest Sukhoi Su-34 fighter bombers has been set up in the air regiment of Russia’s Eastern Military District deployed to the Khabarovsk region, head of the district press service Colonel Alexander Gordeyev said

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Ukraine: Statistics Service improves forecast for GDP growth in Q3 2016

Ukraine’s real gross domestic product (GDP) in the third quarter of 2016 increased by 2% YoY, which is 0.2% higher than the previously made assessment, according to the website of the State Statistics Service of Ukraine

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Europe: wheat consolidating its grasp on Asian markets

The season of 2016/2017 was marked by another rich total harvest of wheat in many of major wheat exporting countries (the harvest even hit a record high in some of them)

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Ukraine: Poroshenko and Lagarde coordinate steps within EFF program

Ukrainian President Petro Poroshenko had a telephone conversation with the Managing Director of the International Monetary Fund (IMF) Christine Lagarde, the press service of the Ukrainian president has said

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Ukraine: Poroshenko reckons on further development of economic cooperation with Saudi Arabia

President of Ukraine Petro Poroshenko reckons upon further development of economic cooperation between Ukraine and Saudi Arabia, in particular in the aircraft industry

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Ukraine: Omelian expects to sign joint Air Space agreement with EU in 2017

Infrastructure Minister of Ukraine Volodymyr Omelian expects to sign an agreement on the joint Air Space with the European Union in 2017. “I decided to personally conduct consultations with Madrid and London in order to clearly make the message on the part of Ukraine, that this treaty has technically outgrown its format and turned into political format

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Ukraine: NCER to cut Ukrenergo tariff for 2017

The National Commission for State Regulation of Energy, Housing and Utilities Services (NCER) will reduce the average tariff of Ukrenergo for 2017 by 4

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Ukraine: over 1.3 million tons of sunflower oil exported in September-November 2016

According to the December balance sheets by NGO “Economic discussion club”, coordinated by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, in September-November the export volumes of sunflower oil from Ukraine totaled 1

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Ukraine: Naftogaz sees almost 110-fold rise in net profit in January-September 2016

National joint-stock company Naftogaz Ukrainy saw a 109-fold rise in net profit (by 25.287 billion UAH) in January-September, to 25.521 billion UAH, according to an audited report posted on the company’s website

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Kazakhstan: sunseed exports down in October 2016

Kazakhstan exported 9 KMT of sunseed in October. Although this year’s October deliveries are 6% lower than in the same month in MY 2015/2016, the sunseed market became generally larger for the two months

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Kazakhstan: 7.9 million tons of grains exported

Since the beginning of 2016 and as of December 20, Kazakhstan supplied 7.9 million tons of grains to foreign markets, up by 12% YoY, the First Vice-Minister of Agriculture of the Republic of Kazakhstan Kairat Aituganov declared

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Kazakhstan: grain stocks total 16.6 million tons in December 2016

As of December 1, the registered carry-over stocks of grains and pulses in Kazakhstan totaled 16.637 million tons (down by 2.2 million tons YoY), the Statistics Committee of the Ministry of National Economy of the Republic of Kazakhstan reported

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Ukraine: nearly 19 million tons of grains exported in July-November 2016

According to the data of the customs statistics, in July-November Ukraine supplied 18.8 million tons of grains to foreign markets, up by 6.8% YoY

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Ukraine: rapeseed condition suggests good winter survival

Last week’s weather featured low night temperatures (down to -15 degrees C) early in the week with adequate snow cover (up to 10-23 cm), a sharp brief (2 days) rise in average daily temperatures to +5 C in the south with full snow melting, their sharp drop to 2-5 C below zero on December 11-13, with simultaneous formation of up to 4-23 cm-high snow cover

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Ukraine: G7 ambassadors welcome decision to nationalize PrivatBank

Ambassadors of the Group of Seven (G7) countries have praised the Ukrainian government’s decision to nationalize PrivatBank and expressed their hope for strengthening the country’s banking sector

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Bulgaria: corn harvesting finished

According Bulgarian Ministry of Agriculture, as of December 8, 422.6 thousand ha of corn were threshed, or 100% of the plan (422.8 thousand ha)

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Ukraine: energy priorities for 2017

Representatives of political, business and expert circles have discussed the progress of Ukrainian energy reforms, the role of new strategic partnership in this area and priorities for 2017 at an international high-level conference on the new EU-Ukraine strategic partnership in energy and the role of business in this process in Brussels

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