Ukraine’s economy is starting to recover, while the government is paying every effort to maintain and accelerate that growth as well as reinvest it into the quality of people’s lives. This was stated by Prime Minister of Ukraine Volodymyr Groysman. The Prime Minister noted that recently the International rating Agency Fitch had upgraded long-term Issuer…
As of November 1, in Ukraine the production of grains and pulses totaled 56.106 million tons in bunker weight, up by 0.1% YoY, the State Statistics Service of Ukraine declared. According to the official statistics figures, Ukrainian agrarians harvested 13.19 million tons of sunflower seed in bunker weight (up by 19%), and 8.968 million tons…
As of November 15, Ukrainian agrarians harvested 59.285 million tons of grains throughout the areas of 13.279 million ha, or 93% of the plan. The average yield totaled 4.46 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 58.4…
The Belarusian industrial group Belorusneft will use a new technology of its own design to rack up oil extraction in Ukraine, the company’s press service reported. In line with the agreement with the Ukrainian company Universal Drilling Technique (aka UniDrillTech) Belarusian specialists intend to carry out five special operations using the technology that has been…
Falling grain deliveries by trucks have resulted in a heavier load on railways. At the same time, the railcar fleet, which consists of 11,500 to 13,000 grain-carrying cars according to different estimates, constantly shrinks and is 95% worn-out. Since the Ukrainian Railways merely lacks money to replace its railcar fleet, the only way out is…
Belarus has resumed the deliveries of jet fuel produced by OJSC Naftan to Ukraine, Commercial Director of CJSC Belarusian Oil Company (BNK) Sergey Grib has said. “We have resumed deliveries to the Ukrainian market this month. We have talks with our Ukrainian colleagues, we have found understanding: in order to monitor and combat jet fuel…
Ukrainian farmers are completing sunseed harvesting. As of November 14, they harvested 5816 thousand ha, or 98% of the intended area (5916.2 thousand ha). That was 16% more than on the same date last season (4992 thousand ha). Farmers obtained 13159 KMT of sunseed with an average yield of 2.26 MT/ha, which is an all-time…