In order to facilitate cross-border gas flows and provide free and non-discriminatory access to the gas transmission infrastructure, the National Gas Transmission Company Transgaz, Romania, and Natural Gas Transmission System Operator of Ukraine Ukrtransgaz have signed the interconnection agreement for the interconnection point “Isaccea” located at the Ukrainian-Romanian border near Orlovka (on the territory of…
The newly created Ukrainian airline Anda Air, which plans to perform charter flights, has received its first aircraft McDonnell Douglas MD-83. Company co-founder Serhiy Shamenko said the aircraft arrived at Kyiv Airport on July 19. Speaking about plans for the first flights, he said there were such plans, however the company needed to perform a…
In 2016 Ukrainian farmers may gather one of the richest grain harvests. Amid low world prices and strong competition, the issue of new markets searching becomes highly important. Considerable increase in wheat imports is expected from several countries: Egypt, Korea, Turkey, Saudi Arabia and Morocco. Growing demand of Korea for wheat imports provides Ukrainian grain…
New technologies in transport sector such as Hyperloop, will be a priority of Russia’s national technological initiative, presidential aide Igor Levitin said. “Currently there is a new form of transport – Hyperloop. There have not been any new means of transport for about 50 years. That is why everyone wants to find the most effective…
Analysis of rapeseed and its processed products exports shows typical reduction of rapeseed supply to foreign markets in favor of its processed products export shipments – rapeseed meal and rapeseed oil. This is evidenced by rapeseed crushing increase in the country. For instance, in the 2015/2016 marketing year the share of crushed rapeseed in total…
In Q2, the National Bank of Ukraine received 163 million UAH from the sale of assets pledged as collateral by insolvent banks against refinancing loans. The proceeds from the sale of collateral more than doubled compared with the amount received in Q1 (92.3 million UAH), bringing the total amount recovered by the NBU in H1…
In January-May, Russia increased cereal crops export volumes by 50.1% YoY, to 12.275 million tons, the Federal State Statistics Service (Rosstat) reported. In the reporting period wheat and meslin traditionally formed the basis of grain export supplies – 8.338 million tons, up by 91.7% YoY. The exports of corn grew by 71.7%, to 2.751 million…