In the agricultural industry Ukraine has to move in the direction of developing value-added commodities production, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared. The Minister noted that large-scale agricultural corporations had fairly good level of development. As for medium and small-scale companies, they have somewhat lower yield level. But at…
Ukraine imported 3.002 billion cubic meters of natural gas worth $586 million in the first half of 2016, including 19.596 million cubic meters worth $4.133 million in June alone. The average cost of imported gas in June was $210.9 per 1,000 cubic meters, up by $26.7 MoM. The bulk of the imports in June –…
Romanian farmers have finished rapeseed harvesting. 2016 rapeseed harvesting campaign was the most productive ever in Romania. For more than 20 years rapeseed acreage in Romania has been expanded to the third largest acreage over the reporting period. In autumn 2015, sowing was carried out at the optimum seeding time. In general, wintering of this…
Trade consequences of regional agreements may be adverse for countries not participating in them, department director of Russian Ministry of Economic Development Maxim Medvedkov said. In particular, Russia’s losses from Ukraine’s associations with the EU may climb to billion values, he added. “These effects are related to surging trade inside the region, sometimes prejudicing turnovers…
Ukrainian flour exports will grow annually by 30-35%, the Chairman of the Board of Directors the agricultural holding KSG Agro Sergiy Kasianov said. According to him, high demand for wheat flour from foreign buyers forms the growth of the export volumes. Milling enterprises of KSG Agro do not have any alternative to find access to…
The pressure in the Russian gas transportation system at the junction point with the Ukrainian gas transportation system has fallen significantly, energy holding Naftogaz Ukrainy said in a statement. “Naftogaz Ukrainy is concerned with Gazprom’s systematic violations of the transit contract conditions in provision of a minimal allowed pressure of gas at the entry point…
As of August 22, Ukrainian agrarians harvested 38.1 million tons of grains and pulses (including 37.9 million tons of early grains) throughout the areas of 9.7 million ha, or 68% of the plan. The average yield totaled 3.92 t/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the…