The owner and president of DCH Group Oleksandr Yaroslavsky who holds a controlling stake in Kharkiv Tractor Plant seeks to invest around 200 million UAH in the enterprise. “The plant could be restored within six months”, he said. He sees the plant producing tractors, and if the company receives an order from the state –…
Bogdan Corporation has started producing multipurpose KUNG vehicles (standardized military vehicle) at an automobile plant in Cherkasy. This will help the company to diversify risks related to the absence of passenger car production at the plant linked to the collapse of the automobile market in Ukraine. The plant seeks to make a wide range of…
In June sunflower oil shipments to foreign markets were the highest ever for this month. But there was another record set in this season – during 10 months of the current marketing year Ukraine exported 3872 KMT of sunflower oil. The same volume was supplied to foreign markets during the whole 2014/2015 season. It should…
About 20 billion cubic meters of gas have been annually produced in Ukraine, though only 12.5 billion cubic meters are of state production, Ukrainian Prime Minister Volodymyr Groysman said. “We extracted 60 and more billion cubic meters of gas back in 1970-1980s. Today, the state hardly produces 12.5 billion. And when I hear that Ukraine…
During the period of export duties on sunflower seed in Ukraine (1999-2016), sunflower oil production volumes increased 9 times (from 510 thousand tons, to 4.6 million tons per year). The exports of sunflower oil increased 20.9 times (from 206 thousand tons to 4.3 million tons), association Ukroliyaprom said as to the draft law No. 1837…
On July 12, the Ministry of Agrarian Policy and Food of Ukraine signed the Memorandum of understanding with market participants – exporters of grains for 2016/2017 MY, declared the press-service of the Ministry. In particular, the parties agreed to coordinate the volumes of grain exports from the country in the new season “to ensure food…
The National Bank of Ukraine welcomes Parliament’s adoption of Draft Law No. 4496 on Amendments and Supplements to Certain Legal Acts of Ukraine (on removal of administrative barriers to exports of services) in the first reading. A total of 246 MPs voted in favor of this bill. “The central bank is grateful to the MPs…