Ukraine’s Prime Minister Volodymyr Groysman has held a meeting with the leadership of the U.S. Department of Energy regarding the direction of deepening cooperation in the energy sector. “The energy sector reform is now one of the priorities for the government. The tasks on the agenda are as follows: to open access to the energy…
The sum of a transaction on the acquisition of a controlling stake in Naftogazvydobuvannia significantly exceeds a figure of $180 million voiced by the ex-chairman of the company Oleh Seminsky, the press service of DTEK reported. At the same time, the energy holding said they did not have the right to operate exact figures, because,…
The Cabinet of Ministers endorsed the concept of the Energy Efficiency Fund to be created. “Setting up the Energy Efficiency Fund will allow making very simple things, first of all, improve the efficiency of energy consumption. We have about 100,000 multi-apartment buildings, 7.5 million private households. We don’t need to do pilot projects but broad…
The owner and president of DCH Group Oleksandr Yaroslavsky who holds a controlling stake in Kharkiv Tractor Plant seeks to invest around 200 million UAH in the enterprise. “The plant could be restored within six months”, he said. He sees the plant producing tractors, and if the company receives an order from the state –…
Bogdan Corporation has started producing multipurpose KUNG vehicles (standardized military vehicle) at an automobile plant in Cherkasy. This will help the company to diversify risks related to the absence of passenger car production at the plant linked to the collapse of the automobile market in Ukraine. The plant seeks to make a wide range of…
In June sunflower oil shipments to foreign markets were the highest ever for this month. But there was another record set in this season – during 10 months of the current marketing year Ukraine exported 3872 KMT of sunflower oil. The same volume was supplied to foreign markets during the whole 2014/2015 season. It should…
About 20 billion cubic meters of gas have been annually produced in Ukraine, though only 12.5 billion cubic meters are of state production, Ukrainian Prime Minister Volodymyr Groysman said. “We extracted 60 and more billion cubic meters of gas back in 1970-1980s. Today, the state hardly produces 12.5 billion. And when I hear that Ukraine…