The European Union has stated its willingness to promote fast introduction of autonomous trade preferences provided for the Ukrainian government. Ukrainian President Petro Poroshenko said this during a joint press conference with President of the European Council Donald Tusk and President of the European Commission Jean-Claude Juncker following the Ukraine-EU Summit, the president’s press service…
Head of Ukroboronprom State Concern Roman Romanov has stated that currently only 56 out of the 105 enterprises in the group structure are profitable. He noted plans to liquidate six companies in the holding. “There are 105 enterprises within the scope of the concern’s responsibility, of which, according to the draft resolution of the Cabinet…
An auction to sell Ukrainian hydroelectric power plants (HPPs) aroused competition among investors. Dialog is being held about the privatization of Odessa Port-Side Plant, Head of the State Property Fund (SPF) Ihor Bilous said. “We held a good auction to sell Myhia HPP. We broke a record putting it up for 10 million UAH and…
International British procurement agency Crown Agents plans to purchase drugs and medical products from funds of the national budget of Ukraine for 2016 by March next year, Crown Agents senior procurement consultant Christine Jackson has said. According to the terms outlined in the agreement Ukraine’s Ministry of Health and Crown Agents signed on October 27,…
Ukraine uses the potential of organic agricultural production by less than 10%, while this sector is promising for the development of small and medium-sized businesses, Agrarian Policy and Food Minister of Ukraine Taras Kutovyi said. “Ukraine has an extraordinary potential for organic production, which today is used by less than 10% of our capabilities. It…
Public joint-stock company Ukrzaliznytsia seeks to boost capital investment 2.4 times in 2017, to 27.4 billion UAH from 11.2 billion UAH expected in 2016, according to a company presentation shown during the phone conference with investors. According to the document, Ukrzaliznytsia plans to send 46% of funds to purchase property assets, 33% for major construction…
International reserves of the National Bank of Ukraine (NBU) are projected to increase to $17.5 billion by the end of 2016, if Ukraine receives a credit totaling 600 million euros from the European Union and a credit totaling $1.3 billion from the International Monetary Fund (IMF). NBU Governor Valeria Gontareva stated this at a press…