Ukraine ready to integrate into EU digital economy

Ukraine has a huge potential to integrate into the digital economy space of the European Union, Ukrainian First Vice Prime Minister, Minister for Economic Development and Trade Stepan Kubiv has said. “I see huge potential in the sphere of digital economy. European Commissioner for Digital Economy and Society Gunther Oettinger has presented a full action…

Ukraine: investments in economy up

Investments in the Ukrainian economy have grown by $2.5 billion in contrast to last year, Ukrainian Prime Minister Volodymyr Groysman has stated at a meeting of the Cabinet of Ministers of Ukraine. “Investment raising has increased by $2.5 billion, which is 19% higher in contrast to last year. The investment process should be sped up,…

Ukraine: former Polish transport minister Nowak appointed Ukravtodor acting head

Ex-Minister of Transport of Poland Slawomir Nowak has been appointed new acting head of the State Automobile Roads Agency of Ukraine (Ukravtodor). “We believe that managing Ukravtodor requires significant expertise, including international. Our position is that high-quality roads, highways that will connect us with Europe should be built in Ukraine, so the professional level of…

Ukraine to ship sunflower meal to China

According to Ukrainian ministry of agrarian policy a lot of work is being done on strengthening of trade relationships with China. Currently it is planned to enlarge the list of agro commodities exported to China and to open Chinese market for Ukrainian berries and sunflower meal. It should be noted, that trade volumes in oilseed…

Ukraine: selling prices of agricultural products up in January-September 2016

In January-September in Ukraine the average selling prices of agricultural enterprises for agricultural products increased by 8.6% YoY, the press-service of the State Statistics Service of Ukraine declared. In particular, in the reporting period the average prices for plant growing commodities grew by 20.6%, and the prices for livestock commodities dropped by 0.5%. In September…

Ukraine: Gazprom raises gas transit request

Russian gas giant Gazprom has increased its transit request through Ukraine to 277 million cubic meters daily, Maxim Belyavsky, spokesman for gas pipeline system operator Ukrtransgaz, said in a Facebook post. “A daily order for transit of 277 million cubic meters has arrived from Gazprom today. As far as I remember, this is the highest…

Belarus: BPC opens affiliate in Ukraine

The Belarusian Potash Company (BPC) says it has opened an affiliated company in Ukraine. BPC’s Agrorozkvit (literally stands for AgroRenaissance) started operating in Ukraine in October. BPC refers to Ukraine as a country with developed agriculture and hopes to ensure maximum coverage of the country’s potash market with the help of Agrorozkvit led by Dmitry…

Ukraine: sunflower seed market in 2015/2016

The 2015/2016 marketing year was quite successful for Ukraine in markets of sunflower seed and its processed products. All-time high sunseed production at 11760 KMT was the key to such a success. Favorable agro-meteorological conditions allowed obtaining the best results on close to record planted area, owing to minimal losses and high productivity. High sunflower…

Ukraine: offshore companies included in sanctions list

Ukraine for the first time has included several offshore companies posing threat to the national interest in its sanctions list, namely Judson Trading Limited (Cyprus), Rock Ranch Properties S.A. (Panama), Powerful Choice Tech Ltd (the British Virgin Islands), Global Games Ltd (Belize), Novastar Group Ltd (Belize) and Gordon Solution Ltd (the British Virgin Islands). The…