Ukraine: Kaspersky Lab liquidates subsidiary

Subsidiary of Kaspersky Lab (Moscow) Kaspersky Lab Ukraine LLC (Kyiv) has announced its liquidation under the decision of its owner.

Claims of creditors can be submitted within two months from the moment of the publication of the announcement (until February 14, 2017).

Andriy Polischuk has been appointed liquidator of the company. (Interfax/Business World Magazine)

Ukraine: industrial dialogue with EU in 2017 started

Ukraine will launch a dialogue with the European Union in 2017 to promote the development of the country’s industry, Deputy Minister of Economic Development and Trade Representative of Ukraine Natalia Mykolska has said. “In 2017 we start the industrial dialogue with the European Commission to stimulate the Ukrainian industry”, she wrote on her Twitter account…

Ukraine fails to export harvested grains

Due to the problems with logistics of agricultural products, Ukraine will fail to export the harvested grain volumes, the founder and CEO at the Agri-industrial holding Astarta Viktor Ivanchyk declared. Thousands of rail cars were taken out of service, the number of motor transport reduced, because many vehicles became disabled, and there is no upgrade…

Ukraine: logistics problems affecting grain exports

In the current season of 2016/2017 Ukraine’s grain market has faced a shortage of rolling stock for transporting grain freights. However, while the transport shortage was previously associated with a lack of railcars, the availability of trucks has also become an acute problem now. The logistical difficulties in Ukraine have already caused changes in the…

Ukraine: flour production not modernized due to low marginality

Low marginality of flour production does not allow Ukrainian companies-processors to realize significant investments in reconstruction of their enterprises, and denies the opportunity to improve qualitative characteristics of the final product, and reduce its production costs, the co-owner of the group of companies Ukr-Agro-Product LLC, Khlebodar and GFS Group Boris Shestopalov declared. According to him,…

Ukraine ready to buy Russian gas

Although Ukraine has confirmed its readiness to buy 1.5-4 billion cubic meters of Russian gas this winter and Moscow said it was ready to ensure exports to Ukraine and the E.U., no final deal was reached during the talks, Russian Energy Minister Alexander Novak reported. “The Ukrainian side has expressed its readiness to buy 1.5-4…

Ukraine: terms for sending advance payments to buy equipment for Vilkha defense project extended

Ukraine’s Cabinet of Ministers has permitted government customers to extend the terms for sending advance payments to buy specialized equipment required for the implementation of the Vilkha defense project to 24 months. The requirement is outlined in the government resolution No. 891 dated November 30, amending government resolution No. 117 dated April 23, 2014. The…

Ukraine: seaports grain export up in early December 2016

On December 3-9, Ukraine exported 635.2 thousand tons of grains from the seaports against 550.9 thousand tons on the previous week.

In particular, wheat shipments reached 188.3 thousand tons, corn – 429.9 thousand tons, and barley – 17 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: Ukrtransgaz to announce new tender to reconstruct compressor stations

Pubic joint-stock company Ukrtransgaz would announce a new tender to reconstruct compressor stations after revising the top priority directions for modernization of the Ukrainian gas transport system, Ukrainian Prime Minister Volodymyr Groysman said. “All procedures (the tender to reconstruct Ananiev, Zadniprovska and Pivdennobuhska compressor stations) were held, but Naftogaz made another decision in the issue…

Ukraine: the exports of organic wheat up

According to the official customs statistics, in July-November Ukraine exported 34.2 thousand tons of organic wheat, up by 22% YoY. In the current season Germany (30% of the general volumes), the United Kingdom (22%), the Netherlands (15%) and Italy (14%) became the main countries-importers of the Ukrainian grain. In the reporting period Ukraine shipped organic…

Ukraine: sugar exports exceed 335,000 tons in 2016

Ukrainian producers exported 335,250 tons of sugar worth $166.8 million for the 11 months of 2016. “In January-November Ukrainian producers exported 335,250 tons of sugar worth $166.8 million, having tripled the last year results. This significant growth is primarily reasoned by the favorable situation on the world market, as the devaluation of the national currency…