HarvEast sells Crimean assets due to risks, Russian occupation
Donetsk-based HarvEast Holding whose shareholders are companies belonging to Ukrainian oligarchs Rinat Akhmetov and Vadym Novinskiy has closed a deal to sell its Crimean assets in connection with high risks in the agricultural sector in the peninsula, according to HarvEast Holding CEO Dmytro Skorniakov.Another cause behind the decision was...
Ukroboronprom, Turkey plan joint production of radar equipment
Ukraine`s major state-owned arms manufacturer Ukroboronprom and Turkey`s Havelsan signed April 8 a memorandum on joint development and production of radar stations, Ukroboronprom`s press service reported.”Ukroboronprom has significant experience in the development of radar equipment. We will combine our efforts with the leading Turkish company...
Inflation may be lower than predicted 12% in 2016 – NBU
The National Bank of Ukraine (NBU) admits that inflation in 2016 could be lower than the forecast of 12%, the NBU said in a comment. ”There is a probability that inflation in 2016 will be lower than the forecast of the National Bank (12.0%). However, most of the factors that have led to lower inflation in the first quarter, have a short-term...
Kryukivsky Railcar Building Plant boosts production by 6 times
PJSC Kryukivsky Railcar Building Plant in January-March 2016 increased the production of freight railcars by 5.9 times year-over-year, or by 64 railcars, to 77 units, as stated in the company`s report submitted to the city executive committee in Kremenchuk. It is noted that the plant did not produce any passenger railcars in the reporting...
Bloomberg: Ukraine Bonds rally as premier quitting clears way for overhaul
Ukraine`s bonds rose the most in a month after Prime Minister Arseniy Yatsenyuk resigned, boosting speculation a new cabinet will help end two months of infighting and pave the way for resuming international aid payments, Bloomberg reported.The yield on the eastern European nation`s $1.65 billion note due September 2019 fell 26 basis points to...
Kremlin says Yatsenyuk ”no great contributor” to normalizing Ukraine-Russia ties
The Kremlin`s spokesman Dmitry Peskov commented on the Ukrainian Prime Minister Arseniy Yatsenyuk`s resignation, saying that Moscow hopes that the Minsk-2 deal will be implemented after the change of the head of the Ukrainian government, an UNIAN correspondent in Russia reported from Peskov`s Moscow briefing.”Indeed, Mr. Yatsenyuk will not be...
Russia delivers 1st batch of S-300 missile systems to Iran
Foreign Ministry Spokesman Jaberi Ansari who was speaking in his weekly press conference announced the implementation of the first phase of S-300 missile contract between Iran and Russia, according to Mehr News Agency.Hossein Jaberi Ansari also reaffirmed the upcoming visit of EU Foreign Policy Chief Federica Mogherini who is scheduled to arrive...
Ukraine intel: 14 Russian soldiers killed, 19 wounded near Avdiyivka
14 Russian soldiers were killed and another 19 were injured in a clash near the town of Avdiyivka, according to the Main Intelligence Directorate of the Ukrainian Defense Ministry. According to intelligence reports, ”constant attempts to attack the Ukrainian troops near Avdiyivka resulted in increased losses of the 1st (Komsomolske), 3rd...
Bloc of Petro Poroshenko says two factions to enter Rada coalition
MP from the Bloc of Petro Poroshenko faction, Deputy Chairman of the Verkhovna Rada Committee on Legal Policy and Justice Sergey Alexeev has said that the parliamentary coalition will consist of two parliamentary factions – the People`s Front and the Bloc of Petro Poroshenko, the press service of the party reported.”We are ready to take...
NBU introduces into circulation revamped 500 hryvnia banknote
On 11 April 2016, the National Bank of Ukraine (NBU) will put the revamped 500 hryvnia banknote of 2015 design with enhanced security features into circulation, the regulator reported on its website. ”The new banknote retains the same dimensions as those of the previously issued banknote with the same face value. The color of the banknote remains...
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Not only Russia. How populists destroy the greatness of the West Wednesday, October 4, 2023 - 06:27 (EEST)
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