Ukraine’s Antimonopoly Committee has prepared a suit forcing Russian gas giant Gazprom to pay a $3 billion fine, the committee’s head Yury Terentyev said. The Antimonopoly Committee imposed the fine in 2015 to punish the company for its monopolist position on the transit gas market. Gazprom was baffled with the decision because it did not…
In June soybean exports from Ukraine reached 236.9 KMT against 170.6 KMT in June 2015. During the current season 2015/2016 (September-June) Ukraine supplied 2178.4 KMT of soybean to foreign markets, decreasing the spread lag compared to previous season to 3.7%. Taking into account stable exports during the last four months, it’s very likely that the…
In 2015/2016 MY, the Nibulon company shipped 4.66 million tons of grains to foreign markets, up by 14% YoY, the press-service of the company declared. In 2015/2016 MY, corn traditionally became the major export crop of Nibulon (over 1.8 million tons). Wheat export totaled over 1.9 million tons, and barley – nearly 560 thousand tons.…
A team of scientists from the Zhytomyr National Agroecological University has won the competition of the projects within the Erasmus+ program, which is funded by the European Union. The Ukrainian scientists will implement the educational module “Agricultural Policy of the European Union” during the three academic years. The cost of the project is 798,456 UAH…
Insight into investment climate of the country may considerably improve efficiency of business planning and calculation of project profitability. Consulting agency UkrAgroConsult has created a new tool providing information on capital investments amount by Ukrainian region. Interactive map makes it possible to evaluate the investment amount in a certain region over the past few years.…
Ukraine’s Infrastructure Ministry has started the revision of all regulatory acts to see if they comply with the public regulatory policy. The ministry’s press service reported that Deputy Infrastructure Minister Dmytro Romensky gave information on August 19, 2016 at a first meeting of the working group. “According to the order of the first deputy prime…
Public joint-stock company Ukrnafta will develop gas production as a top priority direction, as oil royalty is set at a higher level, the company’s press service has reported. “Taking into account the cash cost, it is more beneficial to produce gas than oil for us. Finally we plan to produce more gas and spend fewer…