Ukraine: Ukravtodor to start conducting all purchases via e-procurement system ProZorro from August 2017

The State Agency of Automobile Roads of Ukraine (Ukravtodor) will start carrying out all purchases via the e-procurement system ProZorro from August 1. The relevant report has been posted on the website of the Infrastructure Ministry. “Starting from August 1, the State Agency of Automobile Roads of Ukraine, which deals with the maintenance and minor…

Ukraine: government approves agreement on cooperation in railway transport area with Serbia

Ukraine’s Cabinet of Ministers has approved an agreement on cooperation in the railway sphere signed by the Cabinet and the government of Serbia in Belgrade in June 2013. According to an explanatory note to the document, its endorsement would create a reliable international legal tool for implementing and stepping up bilateral intergovernmental relations, the conditions…

Ukraine: Auchan acquires Caravan supermarket chain

Auchan Retail Ukraine, which operates a chain of 11 hypermarkets in Kyiv, Lviv, Odessa, Zaporizhia, and Kryvy Rih, signed an agreement with the Ukrainian distributor Caravan on the acquisition of its assets, namely nine Ukrainian-based hypermarkets, which employ 3,300 people. “Auchan Retail Ukraine will strengthen its presence in Kyiv, and will also be present in…

Ukraine: trade turnover with Hungary up

Last year, the trade turnover between Ukraine and Hungary grew after the fall in 2015 and amounted to $3 billion, Hungarian Extraordinary and Plenipotentiary Ambassador to Ukraine Erno Keskeny said during a roundtable in Kyiv on the topic “The Hungarian factor in domestic policy of Ukraine”. “We have a high trade turnover. Of course, it…

Ukraine: AVK launches ground coffee line

AVK Confectionary LLC (Kyiv), a large confectionary producer in Ukraine, with the launch of the ground coffee line under the Baristi trademark seeks to reach 5% of the market segment by 2018. The company said in a press release that in May 2016 AVK started producing ground coffee under the Baristi trademark. In 12 month…

Ukraine: Kyivenergo asks NCER to compensate for UAH 26.4 million for stable power supply provision during Eurovision

The public joint-stock company Kyivenergo has asked the National Commission for Energy, Housing and Utilities Services Regulation (NCER) to review the investment program of the company for 2017 and add UAH 26.4 million (VAT included) spent on the provision of stable power supply to the Eurovision 2017 contest facilities. According to the company, all steps…

Ukraine: retirement age not to be raised

The reform proposed by the Cabinet does not provide for raising the retirement age, but it cancels the taxation of pensions, Prime Minister of Ukraine Volodymyr Groysman said, commenting on the decision of the National Council of Reforms to support the pension reform. “We had a thorough conversation, we received useful suggestions, and the National…

Ukraine and Kazakhstan to extend export-import cooperation

Within the framework of the Kazakh-Ukrainian Business Council, an agreement was reached between the two countries on export-import cooperation, Ukrainian Vice Prime Minister – Minister for Regional Development, Construction, Housing and Utilities stated at the 13th meeting of the joint interstate Ukrainian-Kazakh commission for economic cooperation. According to Zubko, the Development Bank of Kazakhstan is…