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Business World Magazine via e-mail

Every day (except for week-ends and holidays) You can receive the Business World Magazine as an *.html file via e-mail. Each issue has around 80 publications, analytics, statistics, forecasts and prices. DEMO VERSION Business World Magazine informs on doing business in various countries, with special attention paid to Ukraine, Russia, Belarus, Azerbaijan and other ex-USSR countries,…

Ukraine: international reserves keep increasing

Preliminary data suggests that as of July 1, Ukraine’s international reserves amounted to the equivalent of $13.98 billion. The stock of international reserves keeps increasing for a third consecutive month. In June, international reserves expanded by 3.3% MOM, or by $452 million. In annual terms, international reserves rose by 36.3% YoY. June’s increase in international…

Ukraine: hearings of Naftogaz and Gazprom’s gas contract in Stockholm arbitration court to start late September 2016

Hearings by the Arbitration Institute of the Stockholm Chamber of Commerce in litigation between national joint-stock company Naftogaz Ukrainy and Russia’s Gazprom over the natural gas supply and transit contracts signed early 2009 will start late September and late November or early December, respectively, Naftogaz Ukrainy board chairman Andriy Kobolev said. He said that the…

Ukraine: Gazprom’s claims against Naftogaz for take-or-pay condition to reach $60 billion

The total claims of Russia’s Gazprom against the national joint-stock company Naftogaz Ukrainy for the take-or-pay condition outlined in the 2009 contracts and challenged in court could reach $60 billion by 2020, Naftogaz Ukrainy commercial director Yuriy Vitrenko has said. He said Gazprom’s claims had so far amounted to $29.2 billion, and, taking into account…

Ukraine: corn stocks down

According to the State Statistics Committee, as of April 1, stocks of grain and pulses in Ukraine totaled 7.98 MMT, down by 20% YoY. Corn stocks decreased by 36%, to 3.073 MMT compared to 4.814 MMT on June 1, 2015. Wheat stocks went down by 3.6%, to 3.867 MMT, barley – by 13%, to 693…

Ukraine: palm oil imports down in May 2016

In May Ukraine imported 11.8 KMT of palm oil against 7.7 KMT in May 2015. Slight reduction in this product imports was observed for the second consecutive month. In April Ukraine imported 14 KMT. This reduction didn’t have a great impact on the season’s results. During the first nine months of the current season (September…

Ukraine: universities begin preparing subject matter specialists for defense industry

Vinnytsia National Technical University has received a license for opening “Arms and military equipment” specialty. The decision was adopted due to the support of the state concern UkrOboronProm, that officially initiated and supported the new specialty creation. “UkrOboronProm brings back prestige to defense industry employment. We contribute to education process improvement and introduction of required…

Ukraine: IT-experts among the most qualified profession representatives on the world market

This was announced by deputy managing director at Luxoft Ukraine Oleksandra Alkhimovich during the Kyiv International Economic Forum “Technology 4.0 VS Ukrainian industry. How to reduce the gap?”. “We are listed among top 30. Sometimes, our specialists redo the task after highly thought of experts”, she said. The deputy managing director at Luxoft Ukraine noted…

Ukraine: crude sunflower oil exports up

According to the official statistics data, in September-May period of 2015/2016 MY Ukraine exported nearly 3.2 million tons of crude sunflower oil, an increase of 14% YoY (2.8 million tons). The share of exports in the general production volume of the commodity rose to 84%, against 77% in the previous season. During two recent seasons…