According to the Agriculture Ministry, wheat planted area for the 2017 crop will remain at the previous year’s level – 6198 thousand ha. Last year winter wheat acreage was significantly lower than many-year average, which is nearly 6700 thousand ha. Given the last year’s considerable area reduction, it would be logical to expect at least…
Secretary of the National Security and Defense Council of Ukraine (NSDC) Oleksandr Turchynov at a meeting with Romanian Minister of National Defense Mihnea Motoc has discussed the prospects of bilateral cooperation in the military-technical sphere and the field of security and defense. According to the NSDC’s press service, during the meeting in Kyiv the sides…
In 2015/2016 MY, profitability of Ukrainian flour exports is quite low in comparison with other countries, the adviser to the Chairman at Agrarian Fund PJSC Sergei Sakirkin declared. According to him, in 2015/2016 MY Ukraine supplied 344 thousand tons of flour to foreign markets valued at $72.29 million, while the USA – 303 thousand tons…
Nibulon is going to invest in Ukrainian river transport no less than $300 million, general director of Nibulon Andrey Vadatursky announced. Strategic plans of Nibulon in internal water transport include construction of 5 new river transshipping terminals and a further construction of transport ships for internal and mixed routes (in 2016 8 new ships will…
Such decision was made by Ukrainian parliament. The moratorium for purchasing and selling of agricultural land or for other way of land alienation will remain effective until further regulations on the governmental level are adopted, but no earlier than January 1, 2018. Adoption of decision on land issue had not been expected to be put…
Germany’s credit institution KfW is providing a EUR 150 million loan for implementation of a project to reconstruct substations in eastern Ukraine. The individual loan agreement between Ukraine’s Cabinet of Ministers and KfW was signed at the ninth meeting of the Ukraine-Germany high-level group on economic cooperation. Eva Witt, KfW Director for Eastern Europe, Caucasus…
The Individuals Deposit Guarantee Fund seeks to put 100% of corporate rights and intellectual rights to the trademark of the Yarych confectionary factory (Lviv region) up for sale. The fund said in a press release that loans of the company on the balance sheet of Bank Forum would be auctioned. The bank also has buildings…