Ukraine: Allseeds starts new season with a record

On August 21, Allseeds’ oil extraction plant in Yuzhny port started processing 2017-crop oilseeds. According to the company press-service, a few days later the plant’s capacity set a new record of 2.2 KMT a day. “This result was achieved owing to technological re-equipment of the production process and removing bottlenecks at the time of off-season…

Ukraine: exports to Iran up in January-May 2017

In January-May the volume of Ukrainian exports to the Islamic Republic of Iran increased by 78% YoY, President of the Chamber of Commerce and Industry of Ukraine, Gennadiy Chyzhykov stated, during the Ukrainian-Iranian business forum. “In 2016, comparing with 2015, exports from Ukraine to Iran increased by 32%, while imports from Iran – by 30%.…

Ukraine: GDP growth to reach 4% by 2020

Ukraine’s GDP growth this year is projected at 1.8%, while by 2020 this figure could reach 4%, President Petro Poroshenko stated in the Verkhovna Rada in his annual address on the internal and external situation of the country. “According to the results of this year, GDP growth is projected at 1.8%. We expect economic growth…

Ukraine: Ukroboronprom showcasing high-precision weapons at MSPO 2017 in Poland

Ukraine’s state-owned Ukroboronprom concern is presenting the defense military complex products at the 25th international arms exhibition MSPO 2017, taking place in Kielce, Poland, from September 5 through September 8. According to Ukroboronprom, Ukraine at the expo showcases high-precision weapons, including anti-tank missile systems supplied to Ukraine’s army and available for exports. In addition, the…

Ukraine: wheat export prices down

Bearish price trends persisted on the Ukrainian milling wheat market last week. Average export prices for 12.5%- protein milling wheat closed the week down by another $1-2/MT FOB for September-October delivery. Prices for wheat with 11.5% protein content remained within the last week’s range for September-October delivery. Export prices for feed wheat closed the week…

Ukraine: state debt up in July 2017

The total state (direct) and government-guaranteed debt of Ukraine in July increased by 1.4% or by $1.05 billion, to $76.06 billion, the Ministry of Finance said on its website. The state debt in the national currency rose by 0.69% or by UAH 13.45 billion, to UAH 1.971 trillion. Since the beginning of the year the…

Ukraine: 37.5 million tons of grains harvested

As of September 4, Ukraine harvested 37.537 million tons of grains (including corn) throughout the areas of 9.794 million ha (67% of the plan). The average yield totaled 3.83 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, agrarians harvested buckwheat throughout 59 thousand ha (32%), and produced 67 thousand tons…

Ukraine: cost of introducing e-ticket in land transport in Kyiv stands at UAH 460 million

Municipal enterprise Kyivpastrans has announced a tender for the purchase of electronic equipment, namely technical means of automated payment systems (APS) with software and its installation. According to the announcement on the ProZorro electronic trading platform, the deadline for submitting documents for the tender is September 18, the auction will be held at 11:30 on…

Ukraine: economy ministry names major donors

Ukraine in the first half of 2017 implemented 415 international technical assistance projects worth a total of $5.32 billion, the press service of the Ministry of Economic Development and Trade reported. The major donors of technical assistance remained the U.S. with 104 projects worth $1.5 billion, the European Bank for Reconstruction and Development with 39…

Ukraine: NBU allows providing hryvnia loans against collateral of foreign currency on customers’ accounts

The National Bank of Ukraine (NBU) has allowed banks to provide loans in domestic currency against the collateral of foreign currency on customers’ accounts. This has been reported by the press service of the central bank. “As part of further relaxations of anti-recessionary foreign exchange restrictions, the National Bank of Ukraine has allowed banks to…