Ukraine: EBRD opens second regional office

The European Bank for Reconstruction and Development (EBRD) has opened a regional office in Kharkiv. “Eastern Ukraine is also important for our work. It is important for the economy and for our cooperation not only in terms of large-scale projects, but also in terms of the development of small and medium-sized businesses. We are opening…

Ukraine: second plant of Prettl Group opens in Chernivtsi

Automotive Electric Ukraine LLC (Chernivtsi), a manufacturer of electric cable products for cars, the founder of which is Prettl Kabelkonfektion GmbH (Germany), was opened on December 13, with the participation of the Prime Minister of Ukraine Volodymyr Groysman. “We’ve opened Automotive Electric Ukraine LLC in Chernivtsi. Investments totaled 80 million UAH, some 1,000 jobs will…

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Ukraine: Kaspersky Lab liquidates subsidiary

Subsidiary of Kaspersky Lab (Moscow) Kaspersky Lab Ukraine LLC (Kyiv) has announced its liquidation under the decision of its owner.

Claims of creditors can be submitted within two months from the moment of the publication of the announcement (until February 14, 2017).

Andriy Polischuk has been appointed liquidator of the company. (Interfax/Business World Magazine)

Kazakhstan: grain export prices up

In January-October the prices for exported products in Kazakhstan increased by 9.9% YoY, including grains – by 13.6%, the Committee on statistics at the Ministry of National Economy reported. According to the announcement, in the reporting period the export prices for cotton increased by 36.6%, wool – by 10.6%. In addition, the prices for imported…

Ukraine: industrial dialogue with EU in 2017 started

Ukraine will launch a dialogue with the European Union in 2017 to promote the development of the country’s industry, Deputy Minister of Economic Development and Trade Representative of Ukraine Natalia Mykolska has said. “In 2017 we start the industrial dialogue with the European Commission to stimulate the Ukrainian industry”, she wrote on her Twitter account…

Ukraine fails to export harvested grains

Due to the problems with logistics of agricultural products, Ukraine will fail to export the harvested grain volumes, the founder and CEO at the Agri-industrial holding Astarta Viktor Ivanchyk declared. Thousands of rail cars were taken out of service, the number of motor transport reduced, because many vehicles became disabled, and there is no upgrade…