Ukraine produced 10.8 KMT of mayonnaise in October, up b 1.1 KMT (11%) MoM. At the same time, its production contracted by 0.6 KMT (5.3%) YoY (11.4 KMT). In total, the fat-and-oil industry has produced 99.8 KMT of mayonnaise in 2016 against 100.8 KMT at the same time last year (down by less than 1%).…
The Ukrainian banking sector continues to face challenges in credit growth due to the burden of unresolved problem loans and solvency issues, Fitch Ratings has said in a press release referring to its report “Ukrainian Banks Dashboard 3Q16.” “We expect sector performance to remain under pressure from high provisioning needs, while solvency recovery is likely…
National energy company Ukrenergo has divided power lines for exporting electricity to Europe into separate lots (to export electricity to Hungary, Romania and Slovakia) in line with the sector rules, the press service of Ukrenergo has reported. “The Burshtyn TPP Island (Ukraine) – Hungarian, Slovakian and Romanian power grids mentioned in the letter of the…
Last week Ukrainian market of crude sunflower oil faced the bullish trend, due to a similar price trend on the export market of the product. As of December 8, the bid prices for sunflower oil in Ukraine mainly varied within the range of 21`500-21`800 UAH/ton EXW, up by nearly 200 UAH/ton WoW. (APK-Inform/Business World Magazine)
Due to unfavorable weather conditions during the harvesting campaign of oilseeds in Ukraine in the current year, the average moisture content of sunflower seed varied within the range of 12-20%, and in a few cases it even reached 30%. Of course, agrarians faced additional costs for oilseed drying, so many elevators in Ukraine were almost…
Ukrainian Ambassador to Pakistan Volodymyr Lakomov said that Ukraine wanted to transfer its agro-science knowledge to Pakistan to develop the sector and further boost collaboration in the field. The ambassador said that Ukraine was one of the largest grain producers having great experience in this field and wanted to promote agriculture sector as Pakistan was…
The European Union will provide EUR 25 million more in 2017 and 2018 for decentralization reform. Last month EUR 23 million was sent to the Ukrainian budget, Sector Manager of Regional and Local Development in the Delegation of the European Union (EU) to Ukraine Dominik Papenheim said. The EU anticipates that the funds will be…