Ukraine’s Cabinet of Ministers has permitted government customers to extend the terms for sending advance payments to buy specialized equipment required for the implementation of the Vilkha defense project to 24 months. The requirement is outlined in the government resolution No. 891 dated November 30, amending government resolution No. 117 dated April 23, 2014. The…Details
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In 2016 the production of grains and pulses in Ukraine will reach 64.2 million tons in standard weight, up by 4 million tons YoY, the Ministry of Agrarian Policy and Food of Ukraine declared. According to the announcement, the average yield of grains and pulses is estimated at 4.48 ton/ha (up by 0.37 ton/ha compared…Details
The European Investment Bank (EIB) will allocate EUR 450 million to Georgia through three loan agreements, the EIB and Georgian Prime Minister’s Office said. EUR 250 million will be allocated to finance new construction and upgrading of priority roads, EUR 100 million for the rehabilitation and upgrading of municipal infrastructure and a EUR 100 million…Details
The government, entrepreneurs and social partners continue sharp discussions of the future of micro-enterprises and the tax regime to be applied to them in the foreseeable future. One proposal suggests canceling the payment of mandatory minimal social fees and increasing micro-enterprise tax rate from 9% to 15%.This proposal was reviewed week by members of the…Details
DCH Group of the Kharkiv businessman Oleksandr Yaroslavsky has detailed its plans to create a consortium for the purchase of the Odessa Port-Side Plant. “We intend to involve Rothschild & Co Bank as an advisor for establishing an international consortium to acquire Odessa Port-Side Plant. At the moment, we are discussing its role as an…Details
Sprouts of winter crops in Ukraine appeared throughout the areas of 6.5 million ha, or 93% of the planted areas, the Ministry of Agrarian Policy and Food of Ukraine informed. According to the announcement, as of the reporting date 83% of the sprouted areas were in good and satisfactory condition (5.4 million ha), and 17%…Details
The construction of a new aircraft repair factory will end in 2017. Deputy Prime Minister of Belarus Anatoly Kalinin was made familiar with progress of the project to build the aircraft repair factory and the project to build the second runway in the Minsk National Airport. The new aircraft repair factory will allow developing the…Details