Ukraine: markets for grain in season 2016/2017

In 2016 Ukrainian farmers may gather one of the richest grain harvests. Amid low world prices and strong competition, the issue of new markets searching becomes highly important. Considerable increase in wheat imports is expected from several countries: Egypt, Korea, Turkey, Saudi Arabia and Morocco. Growing demand of Korea for wheat imports provides Ukrainian grain…

Ukraine: India enjoying rapeseed oil

Analysis of rapeseed and its processed products exports shows typical reduction of rapeseed supply to foreign markets in favor of its processed products export shipments – rapeseed meal and rapeseed oil. This is evidenced by rapeseed crushing increase in the country. For instance, in the 2015/2016 marketing year the share of crushed rapeseed in total…

Ukraine to produce 60.5 million tons of grains

In 2016/2017 MY the general grain production in Ukraine (excluding the Crimea) will total 60.55 million tons, the balance sheets of NGO “Economic discussion club”, supported by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, informed. The export potential of Ukrainian grains in the new season is forecast at 38.177 million…

Ukraine: GE signs memos of cooperation with Antonov State Enterprise and Ukrzaliznytsia

The U.S. General Electric Corporation on July 21, signed letters of cooperation with Ukraine’s Antonov State Enterprise and public joint-stock company Ukrzaliznytsia. “We sign two strategic and political documents on cooperation with GE at the Infrastructure Ministry. This decision is not accident: we were mulling the positions of all players on the global market for…

Ukraine: sunflower oil exports to EU up

In the current season, the EU countries still keep the first position in the rating of importers of Ukrainian sunflower oil, overtaking countries of South Asia and the Middle East. In September-June period of 2015/2016 MY Ukraine supplied 1.23 million tons of the product to the EU, up almost 3 times compared with the same…

Ukraine: Energoatom denies Khmelnytsky NPP accident

MP Andriy Artemenko (Radical Party) said that on July 16, a serious accident with leakage of nuclear fuel was recorded at Khmelnytsky nuclear power plant (NPP), while the press service of the National Nuclear Generating Company Energoatom denied the information. “I learnt from reliable sources that the government was hiding the seriousness of the accident…

Ukraine: 10 Dozor-B vehicles transferred to the military

The batch of 10 armored vehicles “Dozor-B” was manufactured and successfully accepted by military representative offices of Kharkiv and Lviv. The event took place at UkrobOronProm SE “Kharkiv Morozov Machine-Building Design Bureau”, according to UkrobOronProm director general Roman Romanov. “We have included all customer requirements – the vehicles have successfully accomplished acceptance tests and are…

Ukraine: Odessa-Brody pipeline oil transit tariffs cut

Ukraine’s Ministry of Infrastructure has approved a 75%-discount for the oil transiting tankers that enter the Yuzhne port, and for the Odessa-Brody oil pipeline. The decision creates favorable terms for oil transiting using the Odessa-Brody pipeline. “The Tariffs Committee of Ukraine’s Infrastructure Ministry granted Ukrtransnafta’s appeal to set the economically favorable tariffs for port duties…

Ukraine: Turkey to build subway in Dnipro

Turkey has agreed on a contract for building subway in the city of Dnipro, City Mayor Borys Filatov has said. “Turkish colleagues have brought an agreed contract for subway construction”, Filatov wrote on his Facebook page. He also published his photo with a weighty bookbinding in the hands, which was signed in the following way:…

Ukraine: UIA introduced Business Smart fares

Ukraine International Airlines introduce Business Smart fares and offer early bookers, departing from the cities of Ukraine, to purchase Business Class tickets at attractive prices. Planning their trips in advance and purchasing Business Class tickets for UIA services on UIA website www.flyuia.com, at UIA Contact Center, as well as at UIA and partner ticket offices,…

Ukraine: UkrOboronProm cooperation with Azerbaijan establishes model of working relationship with other countries

Cooperation between Ukraine and Azerbaijan in AN-178 production will establish the model of UkrOboronProm working relationship with other countries. This was stated by Director General of the State Concern Roman Romanov, commenting on the statement of the President of Ukraine in his briefing in Baku in the framework of the official visit to Azerbaijan. “One…

Ukraine: Yuzhnoye Design Office looses $800 million following Brazil’s contract termination

Losses bourn by Ukraine because of the unilateral termination of the Cyclone-4 contract by Brazil can reach about $800 million, the press service of Yuzhnoye State Design Office has said. “According to preliminary estimates, Yuzhnoye Design Office losses could amount to roughly $800 million because of the unilateral contract termination by Brazil”, the report has…

Ukraine: new record in grain exports set

According to the Ukrainian AgMin, new record was set in grain exports, which exceeded the previous volume by 5 MMT. Preliminary estimates of 2015/2016 total exports are 39.415 MMT. This includes 17.354 MMT of wheat, 17.396 MMT of corn, 4.409 MMT of barley and 256 KMT of other grain crops. In 2014/2015 34.805 MMT of…

Ukraine: grain crops condition

Weather conditions were favorable for winter and spring grain crop development in May-July. During the first week of July soil moisture reserves were satisfactory except for Western regions. Last week was rather hot with minor precipitations. Currently, a dry weather phenomenon is observed in some Southern, Eastern and Western regions. Early spring crops are at…

Ukraine: FUIB starts paying Mykhailivskyi clients

Starting with July 15, PJSC “FUIB” begins to disburse the guaranteed amounts of deposits to the customers of PJSC “Bank “Mykhailivskyi”, that is, to individuals whose funds are subject to compensation by the Private Deposit Guarantee Fund. PJSC “FUIB” disburses funds to depositors who, when concluding bank deposit/account agreement with PJSC “Bank “Mykhailivskyi”, had their…

Ukraine: first AN-132 to hit the skies in autumn

SE “Antonov” plans to manufacture the first demonstrator An-132 in record time: this fall the aircraft may hit the skies. This was stated by the UkrOboronProm Director General Roman Romanov at the meeting with foreign media at the international aerospace salon “Farnborough Air Show-2016” in the suburbs of London. “AN-132D is the first global project…