Ukraine: Ukrzaliznytsia to take part in building section of Iranian railways

Public joint-stock company Ukrzaliznytsia intends to sign a contract to carry out construction works on over 300-km railway tracks with Ministry of Roads and Urban Development of Iran, the company’s press service reported, referring to Board Chairman Wojciech Balczun. “We quickly worked with the agreement of the Infrastructure Ministry of Ukraine and Ministry of Roads…

Ukraine: airlines see rise in passenger transportation in H1 2016

Ukrainian airlines saw a 23.2% YoY rise in passenger transportation in January-July, to 4.26 million people, according to State Aviation Service of Ukraine. Seventeen Ukrainian airlines serviced passenger transportation in January-July 2016. Over the period 18 Ukrainian airports serviced 6.8 million passengers, up by 15.1% YoY. As reported, ten Ukrainian airlines serviced regular flights between…

Ukraine not to face high prices for rapeseed

In 2016 rapeseed harvest in Ukraine will reach 1.2 million tons, sunflower seed – nearly 12 million tons. Also, the European Union countries expect for good harvest of oilseeds. Since the reporting vegetable oils are interchangeable, Ukraine will not face any high prices for rapeseed by-products, the Supervisory Board member at PJSC Nizhyn Fat Processing…

Ukraine: exports of food to EU up

Since the beginning of 2016, the exports of food products of Ukrainian origin to the European Union countries rose by 68%, while the general exports to the EU increased by 7%, the First Vice-Prime-Minister, Minister of Economic Development and Trade of Ukraine Stepan Kubiv declared. According to him, Ukrainian producers actively use trade preferences within…

Ukraine: grain export potential to reach 34.7 million tons

APK-Inform analysts increased the forecast of the export potential of Ukrainian grains in the current season within the July forecast adjustments to supply and demand balances of grains and pulses to 34.7 million tons, down by 9.3% compared with the record level in 2015/2016 MY (38.2 million tons). (APK-Inform/Business World Magazine)

Ukraine: Cabinet to decide on including Yuzgas in PSA to develop Yuzivska field

The Cabinet of Ministers has to make the final decision on including Yuzgas B.V. (the Netherlands), which has won the corresponding tender, as an investor in the production sharing agreement (PSA) for hydrocarbons extraction on Yuzivska deposit (Donetsk and Kharkiv region), Nadra Ukrainy board chairman Yaroslav Klymovych has said. “Procedurally, investors appeal to the government…

Ukraine: Kharkiv receives government guarantees for credits

Four Kharkiv-based enterprises, part of the Ukroboronprom State Concern, have received government guarantees for taking credits to implement defense order, Secretary of the Verkhovna Rada national security and defense committee MP Ivan Vinnyk has said. “The Groysman’s government issued guarantees, using which 10 Ukroboronprom’s enterprises will be able to receive credits. Kharkiv, as the region,…

Kazakhstan: Kazatomprom interested in developing NFC cooperation with Ukraine

Kazakhstan’s National Atomic Company Kazatomprom is interested in developing cooperation with Ukraine in various areas of the nuclear fuel cycle (NFC), including production of nuclear fuel in Kazakhstan for Ukrainian nuclear power plants (NPP), Kazatomprom has said. The Kazakh Ministry of Energy and Kazatomprom plan to meet with the Ukrainian Ministry of Energy and Coal…

Ukraine: grain quality improvement determined by new information environment

Ukrainian grain business pays more and more attention to the latest information technologies and their role in competitiveness improvement on the global market. Information on grain quality, reputation of supplier/country of origin becomes the main factor of competitiveness and securing a foothold in markets. The new approach to market data interpretation will provide the expansion…

Ukraine: grain infrastructure in need of developing

At the beginning of the new 2016/2017 season Ukrainian grain market faced an unusually high demand for railroad transportation. Due to falling competitiveness of road transport for grain exports, an increased load on railway network revealed problems in grain infrastructure. This once again proves the need for further development and modernization of transport and logistics…

Ukraine: peas harvests up

Peas harvesting is nearly over in Ukraine. This year in Ukraine peas acreage exceeded last year’s area by 33% and reached five-year high. And not only favorable weather during sowing contributed to this. In 2015 peas appeared to be one of the most profitable agri crops among grains and pulses, as well as more attractive…

Ukraine: corn oil output down

Despite the systematic increase in corn production volumes in Ukraine, the tendency of corn oil production mainly showed downward dynamics. According to the statistics figures, in 2015 Ukraine produced 7.97 thousand tons of the commodity, down by 35% compared with the index in 2011 (12.26 thousand tons). It should be noted that the reporting market…

Ukraine: sunflower planted area underestimated

The State Statistics Committee of Ukraine greatly surprised or even shocked the market by publishing the final data on oilseeds planted area, particularly that of sunflower – 5.9 million ha. It’s not that the market hasn’t expected such a large sunflower acreage in 2016, but on the contrary. Back in December 2015 UkrAgroConsult estimated that…