Ukraine: court arrests compressor stations of Karpatygaz

Kyiv’s Pechersky district court has arrested seven compressor stations managed by Karpatygaz LLC under the joint operation agreement signed with state-run company Ukrgazvydobuvannia: Khrystyschenska, Yuliyevska (both based in Kharkiv region), Skhidno-Poltavska, Rozpashnivska and Abazivska (all three in Poltava region), Letnianska and Svydnytska (both in Lviv region). According to a court ruling dated November 18, it…

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Ukraine: flour production down in January-October 2016

In January-October Ukrainian flour-milling enterprises produced 1.572 million tons of flour, down by 5% YoY, the State Statistics Service of Ukraine declared.

In particular, the production volumes in October totaled 180 thousand tons, down by 0.4% MoM and by 0.3% YoY. (APK-Inform/Business World Magazine)

Ukraine: Zorya-Mashproekt asking PM to check contracts with Ukrtransgaz’s tender winners to modernize GTS

Employees of the state-run enterprise Zorya-Mashproekt (Mykolaiv) have sent an open letter to Ukrainian Prime Minister Volodymyr Groysman asking him to personally control the signing of contracts with the winners of the tender of public joint-stock company Ukrtransgaz to modernize three compressor stations in Ukraine valued at 4.12 million UAH by the due date. “The…

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Kazakhstan: two main gas pipelines connected

Kazakh national gas transportation operator KazTransGas built a booster compressor station at the connection TIP-02 between the main gas pipeline “Bukhara gas-bearing region-Tashkent-Bishkek-Almaty” and “Kazakhstan-China”, the company said in a message. The new booster compressor station located in Zhambyl region will allow to have gas pumping between these pipelines, despite different design pressures. This is…

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Ukraine: UOP obtains approval for corporatization of 5 enterprises

Implementing the defense industry reform Ukroboronprom State Concern has started preparing for corporatization of its enterprises. The press service of the concern reported that plans and corporatization schedules of the first five Ukroboronprom member enterprises, including Antonov State Enterprise and 410 Civil Aviation Plant (both based in Kyiv), had been approved by the Economic Development…

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Ukraine: Finance ministry backs expansion of division fighting capital outflow via transfer pricing

The division of the State Fiscal Service fighting capital outflow via transfer pricing should be expanded and reinforced, Finance Minister Oleksandr Danyliuk has said. “This is one of the spheres where the State Fiscal Service should work more. Instead of developing this sphere they reduced the transfer pricing division. I want the division expanded and…

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Belarus: supplies of agricultural machines to Uruguay under consideration

Belarusian Deputy Minister of Foreign Affairs Evgeny Shestakov met with Uruguay’s Deputy Minister of Livestock, Agriculture and Fisheries Enzo Benech and Executive Director of Uruguay XXI Antonio Carambula to discuss possible supplies of agricultural equipment for small and medium-sized Uruguayan farms, the press service of the Belarusian Ministry of Foreign Affairs reported. “The parties discussed…

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Belarus: Belenergo and Czech-Belarusian Chamber of Commerce and Industry to step up cooperation

The Belarusian national electrical company Belenergo and the Czech-Belarusian Chamber of Commerce and Industry signed a memorandum of understanding in Prague, the website of the Belarusian Energy Ministry reported. The memorandum provides for enabling conditions conducive to the development of foreign economic contacts, establishment, maintenance and development of business ties and contacts between Belenergo’s enterprises…

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Belarus: industrial recession over

Industrial recession in Belarus is over, Vice Prime Minister Vladimir Semashko said. “I am happy that we have survived through the crisis. I can see that the recession is over. Today the Industry Ministry is posting a 3% growth. We plan to reach the growth of 11.3% next year”, Vladimir Semashko noted. “The machine-building industry…

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Belarus: Belarusian-made equipment absolutely competitive

Belarusian equipment is absolutely competitive, Belarus’ Deputy Prime Minister Vladimir Semashko said. “In terms of the price-quality-maintenance ratio, our equipment is absolutely competitive”, Vladimir Semashko said. He noted that over the past seven years, Belarus had produced agricultural machinery to the tune of $23.7 billion. “Of this amount, $7.9 billion worth of equipment was produced…

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Ukraine: full-featured energy market being created

Ukrainian Prime Minister Volodymyr Groysman has said that the full-featured energy market is being created in Ukraine. “The market is competition, including competitive prices for consumers. The creation of the full-featured energy market, growth of own gas production, introduction of energy efficiency and the increase of budget revenue received from state-run companies – all these…

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