Ukraine: Arterium buys Marifarm

Arterium Corporation (Kyiv) has acquired Marifarm pharmaceutical company (Maribor, Slovenia) from Slovenian bank Nova KBM (NKBM). The bank has not disclosed the amount of the transaction. According to unofficial information from Maribor’s local edition Vecer, it is estimated at 6.8 million euro. Arterium and Marifarm intend to jointly explore new possibilities of development of pharmaceutical…

Ukraine: sugar plants produce 94,000 tons of sugar since season start

As of September 15, Ukrainian sugar plants produced 94 thousand tons of sugar, Ukrtsukor National Association of Sugar Producers of Ukraine reports. Currently, 21 sugar plants are running in Vinnytsia, Volyn, Zhytomyr, Kirovohrad, Kyiv, Lviv, Poltava, Ternopil, Kharkiv, Khmelnytskyi and Cherkassy regions. Ukraine’s sugar production output reached 93.8 thousand tons on September 14. A total…

Ukraine: GDP up in Q2 2016

The GDP growth in the second quarter of this year was 1.3%, whereas it amounted to 0.1% in the first quarter. The First Vice Prime Minister, Economic Development and Trade Minister of Ukraine Stepan Kubiv said this at the Cabinet’s meeting. “We saw the growth of GDP by 0.1% in the first quarter of 2016…

Russia: Egypt ignoring fruit supply violations

Russia’s Federal Service for Veterinary and Phytosanitary Oversight is concerned with the fact that Egypt ignores existing problems regarding violations in fruit and vegetable supplies. Egypt has ignored a necessity to take urgent phytosanitary measures after the Russian service reported about four quarantine cases with citrus fruit supplies from Egypt at the end of the…