Business World Magazine: пятница, декабря 23, 2016

Business World Magazine

23.12.2016

Ukraine: Nibulon receives loan to improve infrastructure

Nibulon, one of Ukraine’s largest grain production and trading companies, will receive a 71 million euros loan to help improve its infrastructure as part of a 600 million euros loan package announced by the European Investment Bank (EIB) on December 19

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Moldova: FRI gets the right to prospect oil and gas deposits

Cabinet approves of the concession of the right to prospect oil and gas deposits in the south of Moldova to Frontera Resources International, the USA

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Estonia: lenders continue working on positive credit rating register

Lenders in Estonia are continuing to build a common positive credit rating register to enable banks and creditors assess the ability of upcoming clients to repay their debts

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Estonia: milk and pork purchase prices recover

Over the first nine months of 2016 purchase prices have slightly recovered with farmers being able to sell milk 2.5% higher and pork – 9% higher, the Estonian Rural Affairs Ministry found in a survey

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Ukraine: 2017 state budget passed

Overnight into December 21, the Verkhovna Rada (Parliament) passed the state budget for 2017. Fiscal revenues for 2017 are envisaged at 721.4 billion UAH and expenditures at 790

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Latvia: more than 1 million tons of coal handled at the Freeport of Riga

Freeport of Riga Authority says 33.3 million tons of cargo was handled at Riga port during 11 months of the current year, down by 8.6% YoY, while total cargo turnover decrease compared to last year continues to decline

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Latvia: residents pessimistic about chances of finding good jobs

As the year comes closer to its end, residents become more and more positive. Compared with October, residents’ overall prediction for the future has improved by three points

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Kazakhstan: flour exports hitting a five-year high

In October Kazakhstan continued exporting flour at the fastest pace in five years. 248.1 KMT of flour was supplied to foreign markets, up by 33% YoY

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Ukraine: sunoil production far ahead of previous seasons

Ukraine’s crushers have substantially boosted sunoil output this season (2016/2017). Sunoil production has been showing a record fast pace for a third consecutive month now, hitting new highs every month

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Kazakhstan: major volumes of produced flaxseed oil exported

To date Kazakhstan exports the major volumes of domestically produced flaxseed oil, the Chairman of the Board at Atameken-Agro JSC Arthur Akhmetov declared

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Kazakhstan: agricultural production volumes up in January-November 2016

In January-November in Kazakhstan the general volumes of agricultural production totaled 3.4 trillion KZT, and the quantity index number increased by 4

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Ukraine: Rada backs agriculture in 2017 with 5.5 billion UAH

Support of agriculture from the 2017 national budget would be around 5.5 billion UAH, Ukraine’s Agricultural Policy and Food Ministry has reported

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