Since the beginning of 2016, the exports of food products of Ukrainian origin to the European Union countries rose by 68%, while the general exports to the EU increased by 7%, the First Vice-Prime-Minister, Minister of Economic Development and Trade of Ukraine Stepan Kubiv declared. According to him, Ukrainian producers actively use trade preferences within…
APK-Inform analysts increased the forecast of the export potential of Ukrainian grains in the current season within the July forecast adjustments to supply and demand balances of grains and pulses to 34.7 million tons, down by 9.3% compared with the record level in 2015/2016 MY (38.2 million tons). (APK-Inform/Business World Magazine)
PJSC “Ukrzaliznytsya” (Ukrainian Railways) promises to introduce a special mobile application for purchasing train tickets by the end of 2016. Chairman of the Board of PJSC “Ukrzaliznytsya” Wojciech Balczun said this during the meeting with representatives of the American Chamber of Commerce. “We want to eliminate scams with tickets. We have learned that there is…
Public joint-stock company Sumy Machine-Building Science and Production Association (Sumy NPO) has joined the imports replacement program in defense industry. The company’s press service reported that Sumy NPO would take part in industrial cooperation in the area of armored vehicle and tank building. “A new contract for a test batch of products for Malyshev Plant…
Ukrainian agricultural companies anticipate that production in the third quarter of 2016 will grow QoQ. According to the State Statistics Service, 70% of agricultural companies out of 847 polled expect their output to grow. Some 23% of respondents do not project any changes in production and 6% expect a fall in their output. Some 28%…
Nibulon agricultural company intends to build a transshipment terminal to load grain and oilseeds to river and sea transport in Hola Prystan (Kherson region) in three months. According to the company report, a memorandum of cooperation between Kherson Regional Administration and Nibulon was signed on August 5. The implementation of the project would help to…
The Cabinet of Ministers has to make the final decision on including Yuzgas B.V. (the Netherlands), which has won the corresponding tender, as an investor in the production sharing agreement (PSA) for hydrocarbons extraction on Yuzivska deposit (Donetsk and Kharkiv region), Nadra Ukrainy board chairman Yaroslav Klymovych has said. “Procedurally, investors appeal to the government…