Both domestic and export prices of Ukrainian grains followed downward trends last week. Export prices for Ukrainian milling wheat closed the week down on average by $1-2/MT FOB. Its prices were pressured both by the upcoming new crop and a trade slowdown in the season’s end. Ukraine has already almost fully realized its wheat export…
In January-March the exports of goods and services from Ukraine totaled $12.4 billion, up by 28% YoY, or by $2.7 billion, the Ministry of Economic Development and Trade of Ukraine reported. In particular, in the reporting period the exports of goods increased by 34.4%, or by $2.7 billion, and totaled $10.4 billion. Agricultural products and…
Turkish company Onur Construction International LLC has won two tenders to build sections of public roads in Lviv region for a total amount of UAH 968 million. According to data from the ProZorro procurement system, Onur Construction International won a tender for the repairs of the public highway T-18-06 Rivne – Mlyniv – Berestechko –…
The growth of Ukraine’s gross domestic product (GDP) will accelerate from 1.8% in 2017 to 3% in 2018, 3.6% in 2019 and 4% in 2020, such a basic macro scenario was approved by the Ukrainian government at a meeting on May 31. “According to this scenario, the rates of business’ adaptation to new conditions, preservation…
About UAH 6 billion in additional funds will be spent on construction and reconstruction of roads in the regions of Ukraine, Prime Minister of Ukraine Volodymyr Groysman said at the Cabinet’s meeting on May 31. “In fact, we managed to mobilize by the efforts of the State Fiscal Service about UAH 6 billion in additional…
Kernel, one of the largest Ukrainian agricultural groups, is completing negotiations on the acquisition of two agricultural companies with the land bank of 40,000 hectares and 190,000 hectares. “We are close to completing two transactions, which we are going to announce soon. We are talking about two deals: one of them is for 190,000 hectares,…
Three solar power plants with a total capacity of 86 MW are to be built in Odessa region before June 1, 2018. Kness Group CEO Serhiy Shakalov and Chairman of Odessa Regional Administration Maksym Stepanov signed a memorandum on cooperation on May 25. The facilities will be located in Oknyansky and Artsyzky districts of the…