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…
Ukrainian President Petro Poroshenko took part in the ceremony to mark the start of construction work of a cable plant by France’s Nexans. “Everyone was convincing us that until the war continued no investor would come to Ukraine. We are convincing with our patient labor, creation of investment climate, providing for radical changes and reforms…
Ukrainian budget revenues for January-July amounted to 322 billion UAH, up by 24% YoY. This was announced by the head of the State Fiscal Service of Ukraine Roman Nasirov. “According to the government plan for 2016, we have to collect taxes in the amount of 607 billion UAH to the general budget fund. We have…
UIA started testing SMS notification service informing passengers of all scheduled flights on any delays and cancellations. Therefore, the airline clients will be notified of important schedule alterations. Within 48 – 1 hour prior to scheduled departure, passengers who have provided UIA with correct contact details when booking their tickets may receive a notification on…
In January-July the average selling prices of agricultural enterprises for agricultural products increased by 7.9% YoY, the press-service of the State Statistics Service of Ukraine declared. In particular, the average prices for plant growing commodities grew by 19%, and the prices for livestock commodities – by 0.3%. In July the average selling prices for agricultural…
Last week weather pattern changed and air temperature dropped by 7-10 C after a hot and dry period. Rains were observed everywhere, though their distribution was uneven. In the North, East and Center of Ukraine there were 5-15 mm of precipitations. In the West and South rains were seen locally and their quantity was no…
The estimated volume of Ukrainian grain exports in the new marketing year can break the record of the previous year and reach about 41 million tons. President of the Ukrainian Grain Association Volodymyr Klymenko said this at a briefing. “The overall grain production is 63.5 million tons now. 41 million tons will be exported. We…