Agroliga Group is completing the construction of an oil extraction plant in the town settlement of Nova Vodolaga (Kharkiv region). The launch of the plant is scheduled for Q1. The claimed range of oilseed crushing volumes varies within 100-180 KMT with no additional investment in equipment. If minor investment is attracted, this capacity could be…
Natural gas stocks in Ukraine’s underground storage facilities (USFs) on February 10-17 shrank by 5.2%, or 611 million cubic meters, from 11.681 billion cubic meters on the previous week to 11.070 billion cubic meters. In particular, 91.27 million cubic meters of gas were withdrawn from the storage facilities on February 17 alone, the state-run gas…
Ukraine imports 80% of the consumed fish, according to First Deputy Agrarian Policy Minister Maksym Martyniuk. He stated that Ukraine had huge potential for import substitution. “We need to develop the production of aquaculture: once the fish is produced in Ukraine and sold for the Ukrainian hryvnia, then poachers, who now receive fish for free…
PrivatBank has started an internal investigation into the leakage of bank secrecy, the bank has said in a press release. “We want an understanding of the need to conduct this complicated work in the bank and avoid public manipulation using unreliable information regarding the investigation process, both in statements by politicians and public figures with…
Naftogaz Ukrainy from March 1 will reduce the price of gas sold to industrial consumers on a prepayment basis by 10.8% (UAH 994.8) compared to February, to UAH 8,201 for 1,000 cubic meters (including VAT). According to the company, this price is relevant for consumers buying gas on a prepayment basis in the amount of…
A member of Ryanair board Juliusz Komorek has confirmed plans earlier announced by Ukrainian Infrastructure Minister Volodymyr Omelyan to launch flights from Ukraine in autumn. “This is a real date. I hope this happens,” he said, adding that changes would be made to the routes announced last year. Earlier Omelyan said that Ukraine was in…
The economic sentiment indicator in Ukraine, calculated by the State Statistics Service, in the first quarter of 2018 was 110.1% compared with 104.3% and 105% in the fourth and third quarters of 2017 respectively, indicating its transition to the stage of recovery. According to the service, three out of the five indicators of business confidence…