Kyiv City Administration has signed a memorandum of cooperation with a Chinese consortium, consisting of China Railway International Group and China Pacific Construction Group, for the implementation of a project to build the fourth subway line in the city. According to a posting on the administration’s website, Deputy Head of Kyiv City Administration Mykola Povoroznik…
The European Commission has placed Ukraine’s Urga Airline (Kropyvnytsky) on the EU Air Safety List of non-European airlines that do not meet international safety standards and are therefore subject to an operating ban or operational restrictions within the European Union. According to a press release of the European Commission, the company is placed on the…
Ukraine as of May 19 has sown grains and leguminous crops on 6.8 million hectares, or 94% of the forecast. According to the Ministry of Agricultural Policy and Food, spring wheat was sown on 172,000 hectares (or 97% of the plan), spring barley on 1.56 million hectares (95%), oats on 197,000 hectares (95%), peas on…
Public joint-stock company Sberbank (Kyiv) from May 30 will close the account at Deutsche Bank, the bank has reported on its website. “Due to the closure of the account of Sberbank in the U.S. dollars at Deutsche Bank Trust Company Americas, starting from May 30 we ask to use the account at The Bank of…
Since 2012, the exports of Ukrainian condensed milk and cream to Israel have increased more than 5-fold, to $1.4 million, the Ukrainian Agribusiness Club reported. The Ukrainian Agribusiness Club experts also noted a 1.8-fold increase in the size of Ukrainian ice cream exports to Israel. In 2016, the share of exports to Israel in total…
The strategy of development of PJSC Ukrzaliznytsia for 2017-2021 provides for a comprehensive modernization of rolling stock and infrastructure, company chairman Wojciech Balczun has said. “In the next five years we plan to invest UAH 130-150 billion,” he said at a press conference in Kharkiv. According to him, in particular, it is planned to upgrade…
In January-April the production volumes of agricultural commodities in Ukraine decreased by 0.3% YoY, the State Statistics Service of Ukraine reported. In particular, agricultural enterprises lowered the production indices by 0.6%, while households of the population increased them by 0.1%. In 2016 the growth of agricultural production totaled more than 6%. (APK-Inform/Business World Magazine)