The Competition Authority of Estonia released a conclusion that the cost of electricity distribution services of electric grid operator Elektrilevi was not adjusted to their current costs and should be lowered by 6.7%. Because network charges make up 50-55% of the consumer price of electricity, the price of electricity for the average consumer should drop…Details
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Pobeda Airlines, Russia, left the Georgian civil aviation market with dumping prices, says Givi Davitashvili, Director General, Georgian Airways. According to him, Georgian Airways has repeatedly made statements about operating with Russian and Turkish air companies at dumping prices, but the authorities do not take any retaliatory steps. “The same thing is with Turkey, there…Details
According to official information, Ukraine exported roughly 2231.6 KMT of corn in November, up by 19% YoY (1878.8 KMT). Ukrainian corn exports picked up pace by 9% in Q1 2016/2017 against the same period a year ago. Ukraine supplied 3643.5 KMT of corn to foreign markets in September-November (3344 KMT at the same time in…Details
Export of Ukrainian goods and services to the European Union countries amounted to 35.7% in January-September, Deputy Economic Development and Trade Minister of Ukraine Natalia Mykolska said. “We see a trend that the EU actually remains our main trading partner, and our exports to the European Union grow. The goods constitute the bulk of exports…Details
The MPs have approved of the amendments to the law on Road Fund and the law on local public finance in line with which the money for maintenance of local roads is to be diverted to local budgets by clear and transparent criteria. 50% of the incomes generated by the road toll is to be…Details
Ukraine’s state ammonia transportation firm Ukrkhimstransammiak and Russian chemicals producer TogliattiAzot may sign an agreement to resume transit of TogliattiAzot’s ammonia via Ukraine after the New Year holidays, First Deputy Prime Minister Stepan Kubiv said. “Regarding Transammiak – the limit was reached this year, so, correspondingly, an agreement on restoration of this work should be…Details
In January-October commodities turnover in the agrarian sphere between Ukraine and Egypt reached 1 billion UAH, the Deputy Minister of Agrarian Policy and Food of Ukraine for European Integration Olga Trofimtseva declared at a meeting of the Egypt-Ukraine Business Council with the participation of the Ambassador of Egypt to Ukraine Hossam Eldeen M. Aly on…Details