In Q2, the National Bank of Ukraine received 163 million UAH from the sale of assets pledged as collateral by insolvent banks against refinancing loans. The proceeds from the sale of collateral more than doubled compared with the amount received in Q1 (92.3 million UAH), bringing the total amount recovered by the NBU in H1…
In January-May, Russia increased cereal crops export volumes by 50.1% YoY, to 12.275 million tons, the Federal State Statistics Service (Rosstat) reported. In the reporting period wheat and meslin traditionally formed the basis of grain export supplies – 8.338 million tons, up by 91.7% YoY. The exports of corn grew by 71.7%, to 2.751 million…
In 2016/2017 MY the general grain production in Ukraine (excluding the Crimea) will total 60.55 million tons, the balance sheets of NGO “Economic discussion club”, supported by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, informed. The export potential of Ukrainian grains in the new season is forecast at 38.177 million…
The improved version of Russian Mi-28NM attack helicopter was spotted at Mil Moscow Helicopter Plant. The Russian Helicopters company produced the first prototype of the improved helicopter in 2015. According to the company’s report, helicopter tests will be carried out during 2016, and then the Russian Defense Ministry will receive the first delivery. Mi-28NM has…
The U.S. General Electric Corporation on July 21, signed letters of cooperation with Ukraine’s Antonov State Enterprise and public joint-stock company Ukrzaliznytsia. “We sign two strategic and political documents on cooperation with GE at the Infrastructure Ministry. This decision is not accident: we were mulling the positions of all players on the global market for…
In the current season, the EU countries still keep the first position in the rating of importers of Ukrainian sunflower oil, overtaking countries of South Asia and the Middle East. In September-June period of 2015/2016 MY Ukraine supplied 1.23 million tons of the product to the EU, up almost 3 times compared with the same…
MP Andriy Artemenko (Radical Party) said that on July 16, a serious accident with leakage of nuclear fuel was recorded at Khmelnytsky nuclear power plant (NPP), while the press service of the National Nuclear Generating Company Energoatom denied the information. “I learnt from reliable sources that the government was hiding the seriousness of the accident…