Ukrainian company Sixa, which has developed an application for access to a high-performance virtual computer in the “cloud,” has raised $3.5 million from U.S.-based Tandem Capital fund, as well as the investment companies Horizon Capital and Digital Future. “Sixa is a very valuable company for Digital Future’s portfolio. Fight among investors for the opportunity to…
Ukrainian Prime Minister Volodymyr Groysman has said that natural gas production in the country could expand to 500 million cubic meters in 2017. “This year we increased own production to 50 million cubic meters of gas. Next year we expect the increase it to 500 million. I think that by 2020 we would be able…
Ukraine’s seaports handled 4.22 MMT of vegoils in January-November, up by 16.9% YoY (3.61 MMT). The greatest handling volumes were accounted for by the following ports: Mykolaiv (1.78 MMT), Chornomorsk (1.19 MMT), Yuzhny (0.94 MMT), Odessa (0.11 MMT) and Mariupol (0.07 MMT). Ukraine’s ports handled 34.986 MMT of grains in January-November, up by 6.3% YoY…
Top managers of the public joint-stock company Odessa Port-Side Plant have asked the Prime Minister Volodymyr Groysman to set the beneficial price for the plant or include it in the production chain of a gas producer, First Deputy Board Chairman Mykola Schurikov has said. “We have sent an official letter to Groysman. We have suggested…
Kazakh wheat bran exports exceeded 180 KMT in 2015/2016: they totaled 181.6 KMT, or up by 31.6% YoY. In the beginning of the new season 2016/2017, Kazakh exporters continued stepping up wheat bran deliveries to foreign markets. So, Kazakhstan exported as much as 43.4 KMT of wheat bran in the first two months of the…
Low marginality of flour production does not allow Ukrainian companies-processors to realize significant investments in reconstruction of their enterprises, and denies the opportunity to improve qualitative characteristics of the final product, and reduce its production costs, the co-owner of the group of companies Ukr-Agro-Product LLC, Khlebodar and GFS Group Boris Shestopalov declared. According to him,…
Although Ukraine has confirmed its readiness to buy 1.5-4 billion cubic meters of Russian gas this winter and Moscow said it was ready to ensure exports to Ukraine and the E.U., no final deal was reached during the talks, Russian Energy Minister Alexander Novak reported. “The Ukrainian side has expressed its readiness to buy 1.5-4…