The public joint-stock company Ukrzaliznytsia could see over UAH 11 billion of loss from passenger transportation by rail in 2017, Ukrzaliznytsia Chief Financial Officer Andriy Riazantsev said at the presentation of the company’s development strategy. “It is likely that this year we would pass the UAH 11 billion threshold of loss from passenger transportation. These…
Ukraine had as of September 12 sown 535,000 hectares with winter grain crops for the 2018 harvest, which is 7% of the plan, the Agrarian Policy and Food Ministry has said on the website. In particular, winter wheat and triticale crops were sown on 503,000 ha (8% of the plan), rye crops on 20,000 ha…
First Vice Prime Minister, Economic Development and Trade Minister of Ukraine Stepan Kubiv has attended the official opening of the Ukrainian-Austrian Beehive honey factory in the village of Cherniavka in Cherkasy region. “A new honey production factory Beehive.ukraine opens here. This is a joint Ukrainian-Austrian project with an investment of about EUR 10 million. A…
The National Bank of Ukraine (NBU) has said that risks of the larger deviation of inflation from the targeted range 8% plus/minus 2% at the end of 2017 compared to the figures of the July forecast of the central bank have increased. “The current pace of the general consumer price index and its components shows…
On August 21, Allseeds’ oil extraction plant in Yuzhny port started processing 2017-crop oilseeds. According to the company press-service, a few days later the plant’s capacity set a new record of 2.2 KMT a day. “This result was achieved owing to technological re-equipment of the production process and removing bottlenecks at the time of off-season…
In January-May the volume of Ukrainian exports to the Islamic Republic of Iran increased by 78% YoY, President of the Chamber of Commerce and Industry of Ukraine, Gennadiy Chyzhykov stated, during the Ukrainian-Iranian business forum. “In 2016, comparing with 2015, exports from Ukraine to Iran increased by 32%, while imports from Iran – by 30%.…
The public joint-stock company Agrarian Fund starts negotiations on construction of a mill with Turkey’s Alapala Makina, the industrial division of Alapala Group. “We have received a proposal on supply of milling equipment from the Turkish manufacturer – Alapala Group, one of the two largest global companies in milling industry. Turkey’s Eximbank will finance the…