Ukraine increased gas production by 2% YoY in January-May 2016 to 8.391 billion cubic meters (bcm), the Ukrainian Energy and Coal Industry Ministry said. Naftogaz enterprises reduced gas production by 1.1%, to 6.67 bcm, including production of 6.12 bcm by Ukrgazvydobuvannia and a 0.550 bcm by Ukrnafta. Other oil and gas companies operating in Ukraine…
According to the Russian Slon.ru news portal, the Ukrainian economy has been showing stronger growth than that of Russia, according to the official statistics of the two countries. In the fourth quarter of 2015, Ukraine’s GDP did not fall as steeply as Russia’s, and, in the first quarter of 2016, even rose slightly in contrast…
The total network of operating structural units of Ukrainian banks in the first half of 2016 decreased by 1049 offices, or by 8.8%, in particular because of insolvent banks – by 498 branches, according to the website of the National Bank of Ukraine (NBU). According to the report, the reduction of the banks’ network in…
Rapid Trident-2016 military exercises are being held from June 27 to July 8 in the territory of Yavorov training area in Lvov region. They has been held since 2006 as part of the Partnership for Peace military cooperation program. Rapid Trident-2016 exercises are aimed at introducing and sharing best practice of the armies of advanced…
Orexim Group has designed a method to reveal chicken fat in sunflower oil and is testing it. The company seeks to patent it in the near term. “I have been working on the matter to quickly determine chicken fat in oil for over a year. I have specialists who can make this test in 30…
Mriya agroholding has claimed an attempt of illegal seizure of its motor transport enterprise located in Khorostkiv (Ternopil region) and the former owner is suspected of doing this. “At around nine o’clock in the morning on July 1, 30 men, among whom were several security service employees of the former owners of Mriya agroholding (the…
Moldova has exported 12 thousand tons of grapes to the EU in 2014, 6 times as high as registered in 2013 and the highest export result ever. Moldova’s total exports of grapes amounted to 51 thousand tons in 2014 with 29 thousand tons of exports to Russia, 8 thousand tons to Belarus, and 2 thousand…