The European Investment Bank (EIB) is considering the possibility of financing the projects of Ukrainian grain market operators to expand and modernize their logistics infrastructure, according to the website of this international financial institution. “The project is expected to remove existing bottlenecks related to transportation and storage of cereals, reduce the in-land transportation costs as…
The European Bank for Reconstruction and Development (EBRD) expects the Ukrainian economy to grow in the current year by 1.5% and the growth will accelerate to 2% next year. According to the bank’s updated forecast, compared to May this year the forecast for 2016 was downgraded by 0.5%, while for 2017 it was retained unchanged.…
The Cabinet of Ministers of Ukraine takes into account lawmakers’ proposal to retain the 2017 national budget deficit at 3% of the gross domestic product (GDP) when finalizing the draft state budget for the second reading, Prime Minister Volodymyr Groysman has said. “We believe that the balance will be maintained, the deficit will be at…
Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has proposed to put shelf fields seized by Russia to sign product sharing agreements (PSA) with foreign companies. “If we let courts hear all these things, nothing would happen and nothing would be taken from Russia. We have another proposal. I think that it would settle the…
In the current season, the prices for rye in Ukraine are comparable to the prices for feed wheat, which will possibly lead to increasing the planted areas of rye, the Commercial Director of Rivne-Boroshno PJSC Roman Tsaruk declared. According to Tsaruk, the composition of Ukrainian soils will contribute to increasing of rye planted areas, because…
In 2015/2016 MY, Ukraine increased the export shipment of vegetable oils by containers, the Associated Partner at Global Ocean Link Pavel Mirzak declared. In particular, container shipping of sunflower oil increased by 24% YoY, soybean oil – 4.8 times. In January-August the port of Odessa covered more than half of the container shipment of the…
Ukraine has enough energy at the beginning of winter, Ukrainian President Petro Poroshenko has said. “One of the achievements we showed in the past two years is that today the share of gas-consuming energy in the balance of energy consumption is around 60%. At present we have enough coal stocks and enough gas in storage…