Ukraine: gas production up in January-May 2016

Ukraine increased gas production by 2% YoY in January-May 2016 to 8.391 billion cubic meters (bcm), the Ukrainian Energy and Coal Industry Ministry said. Naftogaz enterprises reduced gas production by 1.1%, to 6.67 bcm, including production of 6.12 bcm by Ukrgazvydobuvannia and a 0.550 bcm by Ukrnafta. Other oil and gas companies operating in Ukraine…

Ukraine: Lviv successfully hosted international conference “Technologies and innovations: from the ground to the finished product”

On July 1-2, a large-scale international scientific-practical conference “Technologies and innovations: from the ground to the finished product” has successfully been held in Lviv. The participants were about 300 representatives of the horticultural and processing industry from all over the country and abroad. The conference was also attended and discussed topical issues of horticulture and…

Ukraine: KrAZ maintains production level and revs up

Continuing trucks market decline in Ukraine that has almost brought domestic production to a halt affects negatively “AutoKrAZ”. The only Ukrainian manufacturer of heavy-duty trucks, Kremenchug Automobile Plant, finds it difficult to withstand crisis but progress made shows that the situation stabilizes gradually and production rate tends to increase. Within the second quarter of this…

Ukraine: new Mitsubishi car distributor created

One of the largest corporations in Japan, Mitsubishi Corporation, and NIKO Group have created a joint venture MMC Ukraine LLC (Kyiv) with 60% and 40% shares respectively. The company is a new Mitsubishi car distributor in Ukraine. MMC Ukraine has been a representative of Mitsubishi Motors Corporation in Ukraine and Moldova since May 10, 2016.…

Ukraine: a new record of grain exports broken

In 2015/2016 MY, Ukraine broke a new record of grain exports, which totaled 39.415 million tons, an increase of 4.61 million tons compared with the previous season, or up by 13%, declared the Ministry of Agrarian Policy and Food of Ukraine. In particular, last season Ukraine exported 17.354 million tons of wheat, 17.396 million tons…

Ukraine: berry market grows by 2-4%

The capacity of the berry market in Ukraine is estimated at 190-200 thousand tons, or more than $250-300 million, while its annual growth rate is 2-4%, UkrAgroConsult CEO Serhiy Feofilov said. “The berry market of Ukraine is at the stage of formation. Investment has recently come here. Currently we are on the threshold of a…

Ukraine: audited profit of Boryspil airport under IFRS in 2015 totals 540 mln UAH

The audited profit of Boryspil International Airport (Kyiv) after taxation under international financial reporting standards (IFRS) in 2015 amounted to 540.2 million UAH, the press service of the airport has said. According to the source, the airport passed an audit under international standards for 2013-2015 held by BDO. “In accordance with international financial reporting standards,…