Ukraine: Ukrzaliznytsia to focus on corporate reform in 2017

PJSC Ukrzaliznytsia should in 2017 complete the separation of individual directions in the company’s activities, as well as introduce European standards of corporate governance, the head of the company supervisory board, First Deputy Minister of Infrastructure Yevhen Kravtsov said. “In 2016 the company’s management focused on stabilization of management processes in the company. The supervisory…

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Ukraine: Boryspil airport fined for abuse of monopoly

Ukraine’s Antimonopoly Committee has fined the Boryspil International Airport (Kyiv) for abuse of monopoly on the specialized airport service market. “We have finished hearing a case about abuse of monopoly by the Boryspil International Airport on the specialized airport service market. We fined the airport UAH 12.78 million,” authorized official of Ukraine’s Antimonopoly Committee Ahiya…

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Ukraine: flour production down in 2016

In 2016 Ukrainian flour milling enterprises produced 1.939 million tons of flour, down by 4.8% YoY, the State Statistics Service declared. In particular, the production volumes in December 2016 totaled 180 thousand tons, up by 1.9% MoM and down by 5% YoY. In 2016 the production volumes of crude sunflower oil in Ukraine totaled 4.401…

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Armenia: Russian gas supply down in 2016

Russian gas supply to Armenia decreased from 1.92 billion cubic meters in 2015 to 1.87 billion cubic meters in 2016, materials prepared for the meeting of Armenian Prime Minister Karen Karapetyan with his Russian counterpart Dmitry Medvedev revealed. 2.6% less gas has thus been shipped from Russia to Armenia. According to the Cabinet materials, the…

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Moldova: exports to EU on the rise

Moldovan producers export more and more goods to EU states. According to the Minister of Economy Octavian Calmac, the amount of goods exported to European markets has increased since the implementation of the Association Agreement with EU. In 2016 Moldova reached 65% in exports to the European market. The exports to CIS market reduced from…

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Ukraine: road map on cooperation in energy efficiency and renewable energy with Belarus to be signed

The Ukrainian State Agency on Energy Efficiency and Energy Saving and the Republic of Belarus are expected to sign a road map related to cooperation in energy efficiency and renewable energy in 2017-2020. The agency’s press service has reported this after a meeting between Ukrainian State Agency on Energy Efficiency and Energy Saving Chairman Sergiy…

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