: :inin Kyiv (EET)

Section: Economy

    Ukraine to fill gap in Turkey`s wheat imports
    Apr18

    Ukraine to fill gap in Turkey`s wheat imports

    Turkey`s custom tax of 130 percent levied on six products imported from Russia, particularly wheat, has directed Turkish importers toward temporary solutions, leading them to other markets. Moreover, wheat importers will temporarily fill in the gap caused by the customs tax that disables wheat imports from Russia by resorting to the Ukrainian...

    Ukraine sees decline in agricultural output in January-March 2017
    Apr18

    Ukraine sees decline in agricultural output in January-March 2017

    Ukraine`s agricultural production declined by 0.8% in January-March 2017 year-over-year, according to the Ukrainian State Statistics Service. In particular, agri-businesses reduced production by 0.8% over the period under review, while private farmers shrank the output by 0.9%. The State Statistics Service noted that the data is given in...

    IMF offers recipe for Ukraine`s pension system
    Apr18

    IMF offers recipe for Ukraine`s pension system

    The International Monetary Fund (IMF) says it is early to introduce defined contribution (DC) plans in Ukraine, according to the Ukrainian economic news portal Ekonomichna Pravda (EP). ”The introduction of the so-called DC system (Tier 2) in addition to the existing system, as many insist on, will not make any sense without fixing the drawbacks...

    Ukraine could miss out on up to $3.65 bln of China energy loans
    Apr17

    Ukraine could miss out on up to $3.65 bln of China energy loans

    Ukraine could miss out on energy sector funding from China worth up to $3.65 billion because squabbles between ministries and the state-run energy firm Naftogaz have held up project proposals, according to interviews with officials, Reuters reports. Ukraine signed the loan agreement with the China Development Bank (CDB) in 2012 and it must submit...

    Deficit of Ukraine`s foreign trade in goods shrinks by 44.5%
    Apr15

    Deficit of Ukraine`s foreign trade in goods shrinks by 44.5%

    The deficit of Ukraine`s foreign trade in commodities was estimated at US$423.2 million in January-February 2017, which was by 44.5% down from a $756.1 million deficit year-over-year (y-o-y), according to the Ukrainian State Statistics Service`s website. Goods exports from Ukraine over the period under review grew by 32.7%, while goods imports...

    Ukraine exports 35 mln tonnes of grain since July 2016
    Apr15

    Ukraine exports 35 mln tonnes of grain since July 2016

    Ukrainian agribusinesses have exported 35.02 million tonnes of grain since the beginning of the 2016-2017 marketing year (MY, July 2016 – June 2017), according to the Ukrainian Agrarian Policy and Food Ministry`s press service. In particular, 14.99 million tonnes of wheat, 4.9 million tonnes of barley, 14.93 million tonnes of maize, and 4,300...

    Ukraine`s energy holding DTEK, controlled by Akhmetov, to buy 600,000 tonnes of deficit coal from South Africa
    Apr14

    Ukraine`s energy holding DTEK, controlled by Akhmetov, to buy 600,000 tonnes of deficit coal from South Africa

    Ukraine`s largest private energy holding DTEK, controlled by Rinat Akhmetov, confirmed the purchase of 600,000 tonnes of deficit anthracite coal from South Africa with the option to increase it up to 1 million tonnes, according to the company`s press service. The arrival of the first vessel loaded with 75,000 tonnes of anthracite is expected in...

    Ukraine`s Verkhovna Rada votes to introduce competitive electricity market
    Apr14

    Ukraine`s Verkhovna Rada votes to introduce competitive electricity market

    Ukraine`s Verkhovna Rada has passed a bill on the electricity market, which foresees more competitive relations on the energy market, including the retail one where end consumers will be able to select a power supplier. Respective bill No. 4493 passed second reading, having scored 277 MPs` votes with the required minimum being 226 votes. The said...

    Serhiy Kurchenko, members of Yanukovych’s criminal group, plans to monopolize liquefied petroleum gas supplies to Ukraine – Russian media
    Apr14

    Serhiy Kurchenko, members of Yanukovych’s criminal group, plans to monopolize liquefied petroleum gas supplies to Ukraine – Russian media

    Fugitive Ukrainian businessman, one of the people from Viktor Yanukovych entourage, Serhiy Kurchenko may become a monopoly supplier of Russian liquefied petroleum gas (LPG) to Ukraine, according to the Russian newspaper Kommersant. It is expected that the export of LPG to Ukraine will be limited starting May, and the only option for Russian...

    Ukraine to launch big blockchain deal with tech firm Bitfury
    Apr14

    Ukraine to launch big blockchain deal with tech firm Bitfury

    Ukraine has partnered with global technology company the Bitfury Group to put a sweeping range of government data on a blockchain platform, the firm`s chief executive officer told Reuters, in a project he described as probably the largest of its kind anywhere. Bitfury, a blockchain company with offices in the United States and overseas, will...

    Pin It on Pinterest