Ukraine to increase agricultural output in 2016

According to scientists of the Institute of Agrarian Economics, in 2016 the general production of agricultural goods will increase by 3.7% YoY and total 248.2 billion UAH, the Director of the National Scientific Center “Institute of Agrarian Economics” Yuri Lupenko declared. In particular, the production volumes of plant growing commodities will increase by 6.1% to…

Ukraine: 2016 losses from restrictions in trade with Russia estimated at $900 million

Ukraine’s losses from restrictions in economic cooperation with Russia are estimated at $900 million in 2016, Ukrainian Deputy Minister of Economic Development and Trade Natalia Mikolskaya said. “In this context, the European Commission has agreed to offer additional trade preferences to Ukraine”, she said, adding however that these funds were not enough “to cover even…

Ukraine: winter grains not emerged on 16% of area

Market participants are closely watching winter crop condition is Ukraine. Late planting, a substantial temperature drop in November preceded by drought have added to the risk of crop loss while wintering. The first forecasts have appeared, suggesting that over 15% of winter crops will be reseeded in spring. This is a rather pessimistic scenario, as…

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Ukraine: seaports grain exports halved in the second week of November 2016

On November 7-13, Ukraine exported 463.3 thousand tons of grains from the seaports, against 835.9 thousand tons on the previous week.

In particular, wheat shipments reached 101.7 thousand tons, barley – 74.3 thousand tons, and corn – 287.3 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: UOP at Indo Defense-2016

“Antonov” aircraft, Ukrainian armored vehicles and other developments of the SC “UkrOboronProm” attracted the most attention not of the visitors’ only, but also hosts of international exhibition Indo Defence-2016. Ukrainian specialists held talks with many Indonesian national security, defense and law enforcement agencies, most of which were held directly at the stand of the State…

Ukraine: Ukrzaliznytsia and KCBW to cooperate in rolling stock production and modernization

PJSC Kriukov Car Building Works (KCBW, Poltava region) and PJSC Ukrzaliznytsia intend to cooperate in production and modernization of rolling stock for Ukrainian railways as the parties have signed a corresponding memorandum. According to the press service of Ukrzaliznytsia, the document was signed by KCBW head Volodymyr Prykhodko and Ukrzaliznytsia chairman Wojciech Balczun, as well…