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RUSSIA
Mr. Vadim Moshkovich, co-owner of "Rusagro", is back to business. He was elected head of the board of directors of "Rusagro" following resignation the powers a member of the Federation Council from the Belgorod region in mid-December 2014. Mr. Moshkovich has replaced Richard Smythe who was serving as chairman of the board of "Rusagro".
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"Rusagro" has bought the debt-claims of companies Ivolga Group from the bank; the assets were secured by the assets of "Zolotukhinsky sugar mill."
BELARUS
The national stocks of sugar totalled 151,700 tons as of May 1, 2015, 14.8% less than it was on April 1, 2015, the National Statistical Committee reports.
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According to the National Statistics Committee, Belarus imported 31,800 tons of sugar in solid state (HS code 1701) in January-March 2015, which is 68% less than in 2014. The total cost amounted to US$ 11.756 million.
UKRAINE
Agricultural enterprises (excluding those in the Republic of Crimea and Sevastopol), sold sugar at an average of UAH 7670.6/MT excl. VAT in April 2015 (in March the price was UAH 7378.4/MT average).
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Gross harvest of sugar beet in Ukraine in 2015 will amount to 9.5 million tons, which is 38.7% less than last year (15.5 million tons), according to forecasts by the Ministry of Agrarian Policy and Food.
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