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Author Archives: admin

Ukraine: budget deficit at 20.4 billion UAH in September 2016

UkraineBy admin2016-10-31Leave a comment

The deficit of Ukraine’s national budget in September amounted to 20.465 billion UAH, while in August its surplus reached 7.008 billion UAH, according to the website of the State Treasury Service of Ukraine. According to the report, in general the budget deficit in January-September amounted to 63.401 billion UAH, whereas in the same period of…

Hungary to allocate EUR 50 million to build a road in Ukraine

Hungary, UkraineBy admin2016-10-31Leave a comment

Hungary is ready to allocate EUR 50 million under a project for the construction of a bypass road around the west-Ukrainian town of Berehove and a road that will link Berehove with Mukacheve, Hungary’s Minister of Foreign Affairs and Trade Peter Szijjarto has said. The Ministers of Foreign Affairs of Ukraine and Hungary met in…

Ukraine: Poroshenko signs bill to ban farmland sale

UkraineBy admin2016-10-31Leave a comment

Ukrainian President Petro Poroshenko has signed a bill on prolongation of a moratorium to sell farmland in Ukraine until 2018 passed by Ukraine’s Verkhovna Rada on October 6. The press service of the head of state reported that the law amending Section X of the transition clauses of the Land Code of Ukraine regarding a…

Ukraine: Competition Agency fines seven oil traders for collusion

UkraineBy admin2016-10-31Leave a comment

Ukraine’s Antimonopoly Committee has fined seven oil traders 204.325 million UAH for collusion in setting fuel prices. According to the committee, OKKO Naftoproduct was fined for 77.881 million UAH, WOG Retail LLC – 54.036 million UAH, Alliance Holding LLC – 39.711 million UAH, Zoloty Ekvator (Golden Equator) LLC – 16.195 million UAH, AMIC Ukraine (before…

Ukraine: Kyiv city’s budget gets extra 4 billion UAH

UkraineBy admin2016-10-31Leave a comment

Lawmakers of Kyiv City Council have revised the budget and the city’s social and economic development program for 2016. The press service of Kyiv City Administration reported that in January-September the budget received 27.8 billion UAH, and this was 118% of the target. Kyiv received additional 4.3 billion UAH. “Kyiv City Council sent 280 million…

Ukraine: Health Ministry signs procurement agreement with Crown Agents to use 2016 budget funds

UkraineBy admin2016-10-31Leave a comment

Ukraine’s Health Ministry has signed a medicine procurement agreement with Britain’s Crown Agents to use 2016 budget funds. Crown Agents reported that the agreement was signed on October 27. Soon it would be specified under what programs and what cost of the procurement would be. On November 6, 2015 the agency signed a contract with…

Ukraine: Roshen receives $72.1 million of dividends for 2014-2016 from operation of Lipetsk assets

UkraineBy admin2016-10-31Leave a comment

Roshen Corporation received $72.06 million of dividends from operation of its Lipetsk assets for 2014-2016 and the money was moved to Ukraine. The funds were invested in charity projects and production development. In 2014-2016 Roshen sent 165.85 million UAH to build the Theatre on Podol (Kyiv). The theatre will be opened in 2017. Some 54…

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