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…