Ukraine: preliminary testing of new two-axle dump truck complete

The KrAZ-5401‘2 4×2 dump tuck created in late February has undergone a complete cycle of manufacturer’s tests. Laboratory and on-the-road tests have been carried out in compliance with program using high precision test equipment. Ride tests took place on certified road sections of Ukraine. Results of preliminary (manufacturer’s) tests confirmed compliance of vehicle with requirements.…

Ukraine: 4G technology tested

Intelltelecom (the Giraffe trademark) jointly with Ericsson and Huawei on July 29, first tested LTE TDD 4G technology in the 2,300 MHz range in Ukraine. The company said in a press release that the highest speed of radio interface, voice and video calls and online high resolution video were tested at several terminals at once.…

Ukraine: market closed for 243 Russian companies operating in occupied territories of Donbass

The Security Service of Ukraine (SBU) has suspended foreign economic activities of 243 Russian companies that have been cooperating with commercial structures in the temporary occupied territories in Donbass, eastern Ukraine, the SBU press center reported. “During the checks, the special service officers found out that most of these Russian companies also legally cooperated with…

Ukraine: army gets over 10,000 samples of armament

Since the beginning of 2016, the Ukrainian Armed Forces have received over 10,000 samples of armament and military equipment, and over 58,000 samples of ammunition, including anti-tank missiles. Official representative of the Ukrainian Defense Ministry, Colonel Oleksandr Chornobay said this at a briefing. “In particular, the army received artillery systems, motor vehicles, thermal imaging cameras,…

Ukraine: Naftogaz asking EC to set up mission to monitor gas transit due to pressure drops by Russia

The National Joint-Stock Company Naftogaz Ukrainy has turned to the European Commission asking it to consider setting up a transit monitoring mission to examine significant pressure drops in the Russian gas transmission system at the entry to Ukraine’s gas transportation system. “Naftogaz believes that the current situation requires comprehensive discussion involving representatives of the European…

Ukraine: government approves of 1.21 billion UAH project for upgrading another section of Urengoy-Pomary-Uzhgorod gas pipeline

Ukraine’s Cabinet of Ministers has approved of the project on modernization and overhaul of the section 3,364.5-3,391.2 km of the Urengoy-Pomary-Uzhgorod gas pipeline. The corresponding decision is outlined in the Cabinet resolution No. 523-r dated July 22. The total cost of repairs of the section 26.7 km long was approved at 1.21 billion UAH, in…

Ukraine: gas transit down

Transit of natural gas via Ukrainian gas transport system fell to 136 million cubic meters on July 26, and this is 30% less than average daily transit on July 1 through July 22 (around 190 million cubic meters a day), according to Ukrtransgaz’s data. Transit started falling on July 23 when it was 172 million…

Ukraine: Dutch firm to invest in shale gas field

A winner of the competition was selected to become investor for the implementation of the Agreement on the distribution of hydrocarbons extracted from the Yuzovsky field, the press service of the state-owned enterprise Nadra Ukrainy has reported, which is a stakeholder of Nadra Yuzovsky PLC, founded to implement the project of finding and mining under…

Ukraine to have enough gas for winter

CEO of the national oil and gas company Naftogaz Andrei Kobolev has pledged the country will have enough gas in the coming winter. “As of now, the country’s underground gas storage facilities hold about 10.3 billion cubic meters of gas. We plan to have about 14.5 billion cubic meter by the end of the season”,…

Ukraine: flour production down in H1 2016

In January-June Ukrainian flour milling enterprises produced 888 thousand tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared. At the same time, the production volumes in June totaled 132 thousand tons, up by 0.7% MoM and down by 14.6% YoY. In January-June the production volumes of crude sunflower oil in…

Ukraine: NBU assets up H1 2016

The Statement of Financial Position of the central bank suggest that in January-June the National Bank of Ukraine’s assets increased slightly by 24.8 billion UAH, or by 3% YoY, to 874 billion UAH. “On the asset side of the balance sheet, the largest increase was recorded for item “Ukraine’s International Reserves” (foreign securities, SDR holdings,…