Ukrainian bakery plants need 2.7 million tons of wheat flour per year. Each year the need in rye flour totals 320 thousand tons, the General Director and Chairman of the Board at the association Ukrhlibprom Alexander Vasilchenko declared. According to him, bread producers are concerned about decreasing of rye production in Ukraine, which results in…
Ukrainian President Petro Poroshenko said that the country’s gas consumption fell by 30%. “Now Ukraine is consuming 30% less gas thanks to the mechanisms implemented”, he told students of the Shevchenko National University. He said tariff increases in the country were linked to the fact that Ukraine had gotten rid of dependence on Russian gas.…
In the first half of 2016, the United States invested $710 million in Ukraine’s economy, the Ukrainian Economic Development and Trade Ministry reported on its Facebook page. “The United States is one of Ukraine’s most important partners, and relations between the countries become even stronger. The total trade turnover has come to $1.2 billion over…
In August Ukrainian barley exports grew by 17% YoY and equaled 1924 KMT against 1019.5 KMT. During the first two months of 2016/2017 (July-August) Ukrainian exporters shipped 2204 KMT of barley, which is an absolute record for the period. Traditionally in August Saudi Arabia lowered its purchases, importing 371 KMT against 523 KMT in the…
Ukraine’s Verkhovna Rada has amended the law on 2016 national budget, expanding expenses on defense and security by 7.1 billion UAH without the increase in the deficit of the national budget. A total of 265 lawmakers backed bill No. 5217 at the session of the parliament. The government’s bill was registered in parliament on October…
Ukraine’s Prime Minister Volodymyr Groysman has said the Cabinet of Ministers plans to approve the starting price of Odessa port-side chemical plant proposed by the State Property Fund of Ukraine (SPF). “We are now looking forward to proposals from the State Property Fund for the next round of the sale of the object. I believe…
Regulation of prices for bread in Ukraine leads to the minimum marginality of bakeries work, the General Director and Chairman of the Board at the association Ukrhlibprom Alexander Vasilchenko declared. He informed that the ratio of prices for flour and bread in Ukraine totals 0.3 EUR/kg and 0.35 EUR/kg respectively, whereas in Poland the flour…