The FINANCIAL

In 2015/16 MY, grain and oilseed exports from Ukraine to exceed 40 mln tonnes - forecast

The FINANCIAL -- In 2015/16 MY, the export volumes of grains and oilseeds from Ukraine will total nearly 40.4 mln tonnes, which somewhat exceeds the previous season index (39.3 mln tonnes), forecasted the Deputy Director of Sales and Purchases of grains Astarta–Kyiv Agro-industrial holding, Dmitriy Lyul’ko on February 23, during his speech at the international conference Middle East Grain ...

Khachapuri Index For Frugal Wives

The FINANCIAL -- The cost of cooking one standard portion of Khachapuri stood at 3.61GEL in January 2016. Compared to the previous month (December 2015) the Index lost 4.3%; in annual terms (compared ...

IRAO Given a Günter Geyer Award for Social Conscience

The FINANCIAL -- It is believed 2016 will be an extremely challenging year for the Georgian insurance market. Despite this however, insurance company IRAO (Vienna Insurance Group), plans to maintain ...

Aversi Pharma to Continue Price Reduction of Medicines in 2016

The FINANCIAL -- Due to overall economic problems, 2015 was quite a difficult year for Aversi Pharma. Ongoing currency fluctuations make it difficult for the company to make optimistic forecasts for ...

Majority of Companies in Georgia Misunderstood the Idea of CSR, Survey

The FINANCIAL -- CSR is by definition voluntary and therefore success relies on a business-led approach. It is also diverse and constantly evolving to meet changing circumstances. Our survey was ...

MFO Crystal: Social Responsibility is More Important during Times of Economic Difficulty

The FINANCIAL -- Despite economic downturn and market fluctuations, MFO Crystal managed to end 2015 with 40% growth. The credit portfolio of the company has grown by 48%, totalling GEL 108 million. ...

Progress Bank: “CSR Activities are Necessary for Businesses”

The FINANCIAL -- Business is an integrated part of society and having a socially responsible strategy is very important, believes the management of Progress Bank. The Bank has been actively executing ...

In January, Ukraine increased the exports of foodstuffs to the EU

The FINANCIAL -- In January 2016, Ukraine increased the exports of foodstuffs to the European Union by 16% compared with the same month of 2015, declared the President of Ukraine, Petro Poroshenko on ...

David Dondua has met the Chairperson of the European Affairs Committee of the Latvian Parliament

The FINANCIAL -- On 22 February 2016, Georgian Deputy Foreign Minister David Dondua met Chairperson of the European Affairs Committee of the Latvian Parliament (Saeima) Lolita Čigāne, according to ...

Ukraine: selling prices of agricultural commodities increased - State Statistics Service

The FINANCIAL -- In January 2016, in Ukraine the average selling prices of agricultural enterprises for agricultural commodities increased by 24.4% compared with the same period of 2015, declared the ...

Ukraine: sprouts of winter grains appeared throughout 6.5 mln ha

The FINANCIAL -- As of February 19, sprouts of winter grains in Ukraine appeared throughout the areas of 6.5 mln ha, or 92% of the planted areas (7.1 mln ha), informed the Minister of Agrarian Policy ...

Ukraine started additional fertilizing of winter crops

The FINANCIAL -- Ukrainian agrarians started additional fertilizing of winter crops areas, declared the Minister of Agrarian Policy and Food of Ukraine, Oleksiy Pavlenko on February 19, according to ...

VTB Bank Georgia Spent GEL 3 Million on its CSR Projects in 2015

The FINANCIAL -- VTB Bank Georgia increased its assets by 18.2% in 2015. The loan portfolio of the Bank has increased by 23.1%, in comparison with the previous year. Well-known for its active ...