Yuzgas B.V. (the Netherlands), which won the tender for an investor in the production sharing agreement (PSA) for hydrocarbons extraction on Yuzivska field (Donetsk and Kharkiv regions), has undertaken an investment of $200 million in geological exploration during the first five-year phase of the PSA. “In particular, during the first year the sum will be…Details
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Wojciech Balczun, Chairman of the Board of PJSC Ukrzaliznytsia, expects to receive a billion-dollar investment into the development of Ukrzaliznytsia in the coming years. He said this at a meeting with representatives of the American Chamber of Commerce. “As for investments into rolling stock and infrastructure, we would like to attract $1 billion in two-three…Details
Public joint-stock company Ukrzaliznytsia intends to sign a contract to carry out construction works on over 300-km railway tracks with Ministry of Roads and Urban Development of Iran, the company’s press service reported, referring to Board Chairman Wojciech Balczun. “We quickly worked with the agreement of the Infrastructure Ministry of Ukraine and Ministry of Roads…Details
National Energy Company Ukrenergo saw 292.681 million UAH of net profit in 2015 compared to 1.94 billion UAH of net loss a year ago, according to an audited report posted on the company’s website. Revenue grew by 74.5% in 2015, to 5.5 billion UAH, and pretax profit totaled 395.326 million UAH compared to 2.264 billion…Details
Ukrainian airlines saw a 23.2% YoY rise in passenger transportation in January-July, to 4.26 million people, according to State Aviation Service of Ukraine. Seventeen Ukrainian airlines serviced passenger transportation in January-July 2016. Over the period 18 Ukrainian airports serviced 6.8 million passengers, up by 15.1% YoY. As reported, ten Ukrainian airlines serviced regular flights between…Details
In 2016 rapeseed harvest in Ukraine will reach 1.2 million tons, sunflower seed – nearly 12 million tons. Also, the European Union countries expect for good harvest of oilseeds. Since the reporting vegetable oils are interchangeable, Ukraine will not face any high prices for rapeseed by-products, the Supervisory Board member at PJSC Nizhyn Fat Processing…Details
Since the beginning of 2016, the exports of food products of Ukrainian origin to the European Union countries rose by 68%, while the general exports to the EU increased by 7%, the First Vice-Prime-Minister, Minister of Economic Development and Trade of Ukraine Stepan Kubiv declared. According to him, Ukrainian producers actively use trade preferences within…Details