Myronivsky Hliboproduct (MHP) plans to increase poultry output at its plant in the Netherlands to 10,000 tons per month, MHP Chairman Yuriy Kosiuk has said. “Today we’ve reached 1,500 tons a month. I think our goal is 10,000 tons per month”, he reported. However, he found it difficult to say how soon this volume of…
After long term September drought rains were observed throughout the whole territory of Ukraine last week. Thus, heavy rains were seen in Lvov region (Western Ukraine) – on October 4, daily precipitation totaled 54.3 mm –a lmost a monthly norm (95%). In Kharkov region 10 days precipitation amount varied within 5-12 mm, or 38-92% of…
Investment interest in Ukraine is restrained by the unfavorable business environment in the country, according to participants of the Kyiv International Economic Forum. According to Ambassador of Canada to Ukraine Roman Waschuk, Canadian investors are interested in entering or expanding activities in Ukraine. At the same time, they are interested in certain guarantees of investment…
According to the results of the second review of implementation of the IMF program by Ukraine, the fund is “impressed” by the government’s efforts to carry out reforms and renew its economy. Director of the IMF’s European Department Poul M. Thomsen said this during a press conference in Washington. “We see that (economic) policy is…
Ukrainian Foreign Minister Pavlo Klimkin says that trade turnover between Ukraine and Russia will not exceed 4-5%. “We cannot retain previous economic ties with Russia. We will never return to a large volume of trade turnover with Russia. Earlier, the trade turnover reached 37%. Now it can total 4-5%”, Klimkin said. (Ukrinform/Business World Magazine)
Over the 8 months of 2016 flour production in Ukraine lowered by another 6%. In January-August Ukraine produced 1.212 MMT against 1.288 MMT over the same period of 2015. Flour production went down in all the key producing regions: Kharkov, Dniepropetrovsk, Kiev, Kherson, Odessa, etc. In contrast to the mentioned regions, production in Luhansk region…
Trade turnover between Ukraine and Turkey has exceeded $2 billion since the beginning of 2016. In particular, exports have come to $1.4 billion imports to and $667 million. The common goal of the two countries is to create comfortable conditions for Ukrainian and Turkish business by means of high-quality services and further improvement of customs…