Yuzgas B.V. (the Netherlands) and its parent company, Emerstone Energy investment fund (Luxembourg), will consider the disclosure of their ultimate beneficiaries after they agree on the main provisions of the agreement on Yuzivska deposit with the government of Ukraine, reads a letter to Ukraine’s Energy and Coal Industry Minister Ihor Nasalyk, promulgated by MP Viktoria…
DetailsUkraine, as well as the whole world, has faced unprecedented economic challenges. Unfortunately, the global economy still feels the effect of 2008 economic crisis, which means new challenges, both for domestic agricultural sector, and for oil and fat business in particular. It’s no secret that Ukraine mainly operates in raw materials markets. A 50% and…
DetailsRye production is steadily declining in Ukraine. If earlier Ukraine was an exporter of rye, before 2014 Ukrainian rye harvest was just enough for domestic consumption only. Over the last two seasons a new trend has emerged – both rye and rye flour imports are growing. The need to import one of Ukrainian traditional grain…
DetailsAs of October 4, Ukrainian agrarians harvested 45.08 million tons of grains throughout the areas of 11.149 million ha, or 78% of the plan. The average yield totaled 4.04 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 43.5…
DetailsAs of October 3, all regions of Ukraine planted winter rapeseed throughout the areas of 717.5 thousand ha, or 99% of the plan, up by 145 thousand ha YoY, the Ministry of Agrarian Policy and Food of Ukraine declared. Odessa, Vinnytsia, Khmelnytskyi, Ternopil and Lviv regions showed the largest planted area under winter rapeseed. (APK-Inform/Business…
DetailsAsket Shipping company, which is a key cargo shipper of grains in the seaport of Berdyansk, plans to participate in investment project on construction of modern port silo. The company is at the first stage of this project. It plans to construct 8 grain silos with the total storage capacity of 67.5 KMT. Now, except…
DetailsAs of October 3, winter crops had been sown at 3616 thousand ha, or 49% of the intended area – 7374 thousand ha. This included 3355 thousand ha of winter wheat and triticale (54% from the planned 6198 thousand ha), 114 thousand ha of rye (77% of 147 thousand ha), and 147 thousand ha of…
DetailsPublic joint-stock company Turboatom (Kharkiv) buys welded pipes to make condensers of turbines for National Nuclear Generating Company Energoatom from a foreign manufacturer at a price that is almost twice higher than their market price: some $12 per kg with the market price of around $6.8 per kg. Director of Osada Institute of Tube Industry…
DetailsThe state could support Ukrainian pharmaceutical manufacturers by creating equally competitive conditions with foreign manufacturers, Deputy Health Minister Roman Ilyk has said. “There is no secret that in other countries the state supports pharmaceutical manufacturers, directly investing funds and making orders. There is no such possibility in Ukraine. We can create equally competitive conditions so…
DetailsThe Russian Energy Ministry expects production of hard-to-recover oil reserves to rise by 10-15% in 2016, Deputy Minister Kirill Molodtsov reported. “Our combined amount of production of hard-to-recover oil reserves has increased. Last year it stood at 21 million tons, I think, but this year we will increase it by about 10-15%. This is not…
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