The Antimonopoly Committee of Ukraine (AMC) has allowed ex-Deputy Prime Minister for Social Policy Sergiy Tigipko, the founder and major shareholder of TAS Group, to indirectly acquire Universal Bank (Kyiv) through Bailican Limited (Cyprus). Universal Bank was founded in 1994. The largest shareholder of the bank as of the beginning of 2016 was ERB New…
By 2050 the annual production of grain crops in Ukraine will total nearly 90 million tons, including nearly 50 million tons of grains for exports, the advisor to the Minister of Agrarian Policy and Food of Ukraine Vladyslava Rutytska declared. According to her, China will become the main country-importer of Ukrainian grains. Nearly one half…
According to official information, Ukraine exported some 1355.3 KMT of corn in October, up by 3% YoY (1314.8 KMT). Nonetheless, Ukrainian corn exports did lag 3.6% behind 2015 in the first two months of the season. Ukraine supplied 1411.9 KMT of corn to foreign markets in September-October (1465.1 KMT at the same time in MY…
The Cabinet of Ministers of Ukraine canceled the ban on blending of grain crops of different grades (adjustments to the Decree of the Ministry of Agrarian Policy No. 661 dated December 13, 2008), the press-service of the Ministry of Economic Development and Trade of Ukraine declared. According to the announcement, due to the action of…
The Ukrainian Agrarian Policy and Food Ministry is launching a pilot project, initiated by the International Finance Corporation, to improve the quality of grain in Mykolaiv, Odessa, Kirovohrad and Poltava regions. Ukrainian Grain Association (UGA) President Volodymyr Klymenko has stated this at a press conference. “The International Finance Corporation (IFC) works for grain quality. The…
In 2016 Ukraine will keep the trend of increasing of the profitability of soybeans and rapeseed production, the Director of the National Scientific Center “Institute of Agrarian Economics”, Academician of the NAAS Yuri Lupenko declared. According to scientists of the Institute of Agrarian Economics, in the current year the profitability of soybean production will increase…
Ukraine’s Ministry of Infrastructure has agreed on the possibility of certification of alternative technical requirements for an individual approval of wheeled vehicles, produced in countries not being EU members. The corresponding decision is fixed in the ministry resolution dated November 18, posted on its website. Certification authorities will be provided with the conclusions of the…