The Ukrainian Institute for the Future at the request of the Ministry of Economic Development and Trade of Ukraine has prepared proposals for the priority action plan for industrial development in Ukraine based on the analysis of the state of the six key industries (mining, metallurgical, chemical and petrochemical, food industry, electric power engineering, machine…Details
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Ukraine’s petrochemical plant Karpatnaftokhim has resumed operations after five years of downtime, according to the company’s press service. In late April, the Cabinet of Ministers adopted a resolution that determined the plant’s annual quotas for raw materials exports exempt from excise duty, that is 1.07 billion liters of liquefied gas, 1.17 billion liters of straight-run…Details
The Belarusian automaker MAZ has won the tender to deliver 100 buses to Kiev, according to the website of the Belarusian embassy in Ukraine. The auction to sell buses to Kiev took place on June 9. The first lot was 70 MAZ-203 buses and the second lot was 30 MAZ-215 buses. The auction was called…Details
The law on the electricity market came into force on June 11 after its official publication in the Uriadovy Kurier newspaper. As reported, Ukrainian president Petro Poroshenko signed the law on the electricity market on June 8. Rada adopted draft law No. 4493 on the electricity market of Ukraine at first reading on September 22,…Details
Some $25.47 million has been withdrawn from Bank National Credit in favor of insiders, the Individuals’ Deposit Guarantee Fund reported on its website. “The amount equivalent to a quarter of the balance sheet of PJSC Bank National Credit has been debited from the correspondent account of Bank Frick and Co Aktiengesellschaft (Liechtenstein) in favor of…Details
Ukraine exported 330 KMT of flour in the ten months of MY 2016-2017 (July 2016 – April 2017), up by 16% YoY. Traditionally, China remains the top importer of Ukrainian flour with an export share of 21%. Ukrainian exporters continue stepping up flour deliveries to Africa. In particular, more than 28 KMT of flour was…Details
A Chinese company plans to invest its funds in the Bank Moscow-Minsk, manager for Belarus at DRex Food Group Zoya Kavaleva reported after the talks with Belarus Agriculture and Food Minister Leonid Zayats on June 12. “We would like to invest in the bank. We want to buy a stake in the bank or some…Details