Ukraine: electricity exports in January-October 2016

Ukraine in January-October exported electricity valued at $123.288 million, in particular $9.003 million in October. According to the State Fiscal Service, electricity delivered to Hungary amounted to $93.734 million, to Poland to $29.199 million, Moldova to $347,000, other countries to $7,000. In addition, in January-October Ukraine imported $3.006 million worth of power from Russia, and…

Ukraine: flights between Kyiv and Ljubljana to resume

Ukraine and Slovenia have agreed to resume direct flights between Kyiv and Ljubljana, Ukrainian President Petro Poroshenko has said. “Discussing cooperation in the field of transport, we’ve agreed to resume direct flights between Kyiv and Ljubljana”, he reported after talks with Slovenian President Borut Pahor. The Ukrainian president said this would contribute to deepening cooperation…

Ukraine: logistic problems hit grain exports

Ukrainian 2016/2017 grain exports could be 7 million tons lower than originally expected due to logistical difficulties and some companies have already redirected shipments from Ukraine to other countries, traders said. Ukraine had planned to ship abroad around 41 million tons of grain in the 2016/2017 July-June season versus around 39 million tons a season…

Ukraine boasting high quality and output of wheat

This season wheat quality issues are particularly acute. An increase in feed grain supply from the Black Sea countries is a characteristic feature of the current season. The growth of milling wheat share in Ukraine will be offset by increased feed wheat production in Russia and Kazakhstan. Traditionally, Kazakhstan produces grain of highest quality compared…

Ukraine: prices keep rising on milling wheat market

Last week milling wheat prices strengthened both on export and domestic markets supported by strong demand.

Export prices of Ukrainian milling wheat with 12.5% and 11.5% protein were still equal. They increased by another $3. (UkrAgroConsult/Business World Magazine)

Ukraine and Slovenia sign documents on cooperation

A number of documents were signed in Ljubljana on November 8, in the presence of presidents of Ukraine and Slovenia, Petro Poroshenko and Borut Pahor, press secretary of the Ukrainian president Sviatoslav Tseholko has said. “Ukraine and Slovenia have signed a memorandum of understanding in energy efficiency and alternative fuels”, Tseholko wrote on Twitter. In…

Ukraine: UIA and Amadeus sign a partnership agreement

On November 4, Ukraine International Airlines and Amadeus signed a partnership agreement, enabling UIA to drive revenue generation and growth. The parties were represented by Yuri Miroshnikov, UIA President, and Julia Sattel, Global Head of Airline IT, Amadeus. UIA has chosen the Amadeus Altea Suite, which provides the carrier with a complete Passenger Service System…

Ukraine fines Russian carriers for Crimean ops

The Ukrainian government has issued fines totaling 721.236 million UAH ($28.25 million) to Russian airlines carrying out commercial services to Simferopol. Ukraine has refused to recognize Russian jurisdiction over the Crimea following the latter’s unilateral annexation of the province in 2014. As such, Ukraine has issued over 5,000 fines to Russian airlines for serving Simferopol,…

Ukraine: China to invest in industrial parks

China is interested in placing its production at Ukrainian industrial parks and has already provided the Ukrainian side with the corresponding plan of cooperation, Vice President of the China International Chamber of Commerce Lu Jianzhong has said. “We see that the investment climate in Ukraine, as well as relations between Ukraine and China are improving.…

Ukraine looking for Chinese investments in economy

Ukraine expects that Chinese investors will help Ukraine develop future technologies, including the creation of the so-called smart cities in Ukraine. Deputy Presidential Administration Head Dmytro Shymkiv stated this during an opening ceremony of Ukraine Silk Road International Forum held in Kyiv. “We very much welcome the prospect of attracting Chinese investors to the Ukrainian…