The President of Ukraine Petro Poroshenko has held a meeting with the Minister of Environmental Protection, Minister of Jerusalem Affairs Ze’ev Elkin. As Head of Israeli part of the Joint Ukraine-Israel Commission for Trade and Economic Cooperation, the Minister has informed the President on the results of its regular session held in Kyiv on October…
In 2015 Naftogaz Ukrainy increased production of oil and condensate by 20.7% YoY, to 318,000 tons (2.33 million barrels). According to a company consolidated report, posted on its website, commercial gas production was 192 million cubic meters, up 4.8 times YoY. In general, since the launch of the project in Egypt in 2009 a total…
Myronivsky Hliboproduct (MHP) plans to increase poultry output at its plant in the Netherlands to 10,000 tons per month, MHP Chairman Yuriy Kosiuk has said. “Today we’ve reached 1,500 tons a month. I think our goal is 10,000 tons per month”, he reported. However, he found it difficult to say how soon this volume of…
After long term September drought rains were observed throughout the whole territory of Ukraine last week. Thus, heavy rains were seen in Lvov region (Western Ukraine) – on October 4, daily precipitation totaled 54.3 mm –a lmost a monthly norm (95%). In Kharkov region 10 days precipitation amount varied within 5-12 mm, or 38-92% of…
Investment interest in Ukraine is restrained by the unfavorable business environment in the country, according to participants of the Kyiv International Economic Forum. According to Ambassador of Canada to Ukraine Roman Waschuk, Canadian investors are interested in entering or expanding activities in Ukraine. At the same time, they are interested in certain guarantees of investment…
According to the results of the second review of implementation of the IMF program by Ukraine, the fund is “impressed” by the government’s efforts to carry out reforms and renew its economy. Director of the IMF’s European Department Poul M. Thomsen said this during a press conference in Washington. “We see that (economic) policy is…
Ukrainian Foreign Minister Pavlo Klimkin says that trade turnover between Ukraine and Russia will not exceed 4-5%. “We cannot retain previous economic ties with Russia. We will never return to a large volume of trade turnover with Russia. Earlier, the trade turnover reached 37%. Now it can total 4-5%”, Klimkin said. (Ukrinform/Business World Magazine)