Ukraine is expected to lose about $1 billion from trade restrictions Moscow had to impose after Kiev had joined a free trade zone with the European Union, Ukraine’s deputy minister for economic development and trade Natalya Mikolskaya said. She said Ukrainian exports to Russia shrank by 36.2% YoY in the first six months of 2016,…Details
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As of August 15, early grains and pulses were harvested from 9590 thousand ha (99% of the intended area) compared with 10105 thousand ha on August 14, 2015. Farmers obtained 37.756 MMT with average yields at 3.94 MT/ha (36.501 MMT with average productivity at 3.61 MT/ha). Wheat was harvested from 6160 thousand ha – 99%…Details
On August 5, authorized representatives of Ukraine and Indonesia signed a memorandum on cooperation between the agricultural ministries of the two countries. At this stage, a free trade zone is being discussed. Mutual interest in cooperation is expected to trigger increase in export-import flows of crop products. In this segment Asian countries are traditionally considered…Details
In 2015/2016 Ukraine exported 344.2 KMT of flour, up by 32% YoY. China remained the key market for Ukrainian flour. In 2015/2016 Ukraine increased exports to China by 35%, to 83.3 KMT. Higher volumes were purchased by Indonesia, Palestine, Panama and Moldova. In 2015/2016 Ukrainian exporters opened such markets as Libya and Angola. Decrease in…Details
In 2016 the general harvest of grains in Ukraine will reach 63 million tons, up by 5% YoY, the deputy director of the department of farming and technical policy in the agro-industrial complex at the Ministry of Agrarian Policy and Food Leonid Suhomlyn declared. He noted that the harvesting campaign of early grains and pulses…Details
In the first half of this year Zorya-Mashproekt released and sold turbines from the entire product range: marine propulsion installations, gas pumping units, and gas turbine generators. The installations for marine application have become the key segment of Zorya-Mashproekt’s production. Navy turbine share is over 80% of the total sales volume. As before, the largest…Details
First Ukrainian International Bank (FUIB) is in the TOP-10 in a number of nominations of the rating of the most reliable banks of Ukraine in 2016, prepared by the insurance portal Forinshurer. FUIB has occupied the 5th place in the nomination “Deposits of Individuals” and the 8th place in the nomination “Deposits of Legal Entities”.…Details