Ukraine: Kyiv city signs memo on building fourth subway line with Chinese consortium

Kyiv City Administration has signed a memorandum of cooperation with a Chinese consortium, consisting of China Railway International Group and China Pacific Construction Group, for the implementation of a project to build the fourth subway line in the city. According to a posting on the administration’s website, Deputy Head of Kyiv City Administration Mykola Povoroznik…

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Ukraine: Urga airline placed on EU Air Safety List of non-European airlines not meeting standards

The European Commission has placed Ukraine’s Urga Airline (Kropyvnytsky) on the EU Air Safety List of non-European airlines that do not meet international safety standards and are therefore subject to an operating ban or operational restrictions within the European Union. According to a press release of the European Commission, the company is placed on the…

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Belarus: Tajikistan interested in assembling MTZ cotton-farming tractors

Tajikistan is interested in assembling cotton-farming tractors made by the Belarusian company MTZ, representatives of the company declared after a delegation of the Tajikistan government visited the enterprise. The Tajikistan government is considering organizing the joint production of tractors. The tractors may then be sold not only in Tajikistan but also in the entire Central…

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Ukraine: Ukrzaliznytsia’s development until 2021 foresees UAH 130-150 billion investment in modernization

The strategy of development of PJSC Ukrzaliznytsia for 2017-2021 provides for a comprehensive modernization of rolling stock and infrastructure, company chairman Wojciech Balczun has said. “In the next five years we plan to invest UAH 130-150 billion,” he said at a press conference in Kharkiv. According to him, in particular, it is planned to upgrade…

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Ukraine: agricultural commodities production down in January-April 2017

In January-April the production volumes of agricultural commodities in Ukraine decreased by 0.3% YoY, the State Statistics Service of Ukraine reported.

In particular, agricultural enterprises lowered the production indices by 0.6%, while households of the population increased them by 0.1%.

In 2016 the growth of agricultural production totaled more than 6%. (APK-Inform/Business World Magazine)