Ukraine: UkrOboronProm provides work for 300 enterprises

SC “UkrOboronProm” encourages development of engineering industry enterprises in Ukraine. In the first half of 2016, the number of working plants in this sector increased rapidly, as the State Concern attracted 296 domestic enterprises to import substitution program fulfillment. This is the result of the Memorandums of Cooperation signed by UkrOboronProm and Regional State Administrations.…

Ukraine and Azerbaijan agree to resume Odessa-Brody pipeline project

Presidents of Azerbaijan and Ukraine Ilkham Aliyev and Pyotr Poroshenko have discussed potential resumption of works within the Odessa-Brody pipeline project, Aliyev said at a joint press conference with Poroshenko. “We’ve discussed the Odessa-Brody project and gave instructions to resume the project”, he said, adding that the project “is creating good opportunities.” The Odessa-Brody pipeline…

Ukraine: sunflower oil production up

During the period of export duties on sunflower seed in Ukraine (1999-2016), sunflower oil production volumes increased 9 times (from 510 thousand tons, to 4.6 million tons per year). The exports of sunflower oil increased 20.9 times (from 206 thousand tons to 4.3 million tons), association Ukroliyaprom said as to the draft law No. 1837…

Ukraine: memorandum with grain exporters signed

On July 12, the Ministry of Agrarian Policy and Food of Ukraine signed the Memorandum of understanding with market participants – exporters of grains for 2016/2017 MY, declared the press-service of the Ministry. In particular, the parties agreed to coordinate the volumes of grain exports from the country in the new season “to ensure food…

Ukraine: new season for sunflower oil market

In the season-2016/2017 the production of sunflower oil in Ukraine will increase to 5.36 million tons, against 4.78 million tons in the previous year, due to significant increasing of sunflower seed production in the country. As a result, the key country-exporter of sunflower oil in the world will increase its shipments by 0.55 million tons…

Ukraine: Energoatom seeking to cooperate with Spain’s IDOM in engineering

Representatives of National Nuclear Generating Company Energoatom have discussed a possibility of cooperation in infrastructure and engineering projects with Spain’s IDOM Ingenieria, the company’s press service reported. The press service said that special attention was paid to IDOM projects implemented in the nuclear and energy sector: stress tests at all Spanish nuclear power plants (NPPs),…

Ukraine: Dowty Propellers to deliver parts for new An-132D built for Saudi Arabia

Britain’s Dowty Propellers will supply propeller systems for the engine of new multipurpose An-132D aircraft built at the facilities of Antonov State Enterprise (Kyiv), part of Ukroboronprom State Concern, under a contract with Saudi Arabia. Information about the signing of the agreement between Dowty Propellers and Antonov to supply two R-408 six-blade propeller systems for…

Ukraine: free falling grain prices

The beginning of the season 2016/2017 was marked by export prices reduction to six-year minimum. Only during the first week of the new season prices for all grain crops lost on average $7, and they are also down by $40 compared with the beginning of last season. In fact, price reduction is typical for a…

Ukraine: energy consumption to drop

Ukraine should reduce energy consumption by 5% every year, European Commissioner for Neighborhood Policy and Enlargement Johannes Hahn said. “Energy efficiency is one of the key goals of our joint initiatives”, he said. “Our goal is to improve energy efficiency by 5% every year”, Hahn said. He said that Ukraine should focus on energy efficiency…

Ukraine: 7.7 million tons of coal imported in H1 2016

In January-June Ukraine imported coal and anthracite (foreign activity code 2701) valued at $678.2 million, in particular $102.09 million in June. According to the State Fiscal Service, the Russian Federation delivered coal worth $446.26 million, the United States – $95.93 million, Australia – $43.28 million, other countries – $92.72 million. The total volume of coal…