Business World Magazine

ALL about economy and industry in Ukraine and ex-USSR

30.12.2022

ИНДЕКСАЦИЯ

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20.01.2017

Ukraine: European market of top priority

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The market of the European Union is one of the top-priority ones for products of Ukrainian agrarians, the Head of the State Service on Food ...

Ukraine: 4.8 million tons of barley exported in 2016

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In 2016 Ukraine exported 4.8 million tons of barley, up by 170 thousand tons YoY, the State Fiscal Service of Ukraine reported. Barley expo...

Estonia: milk retail price reaches 55 cents per liter

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After a long period of low milk purchase prices in Estonia, milk retail prices in the Baltic country have increased twice, reaching the poin...

Latvia: Parliament supports amendments to avoid expensive land-measuring actions

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It will no longer be necessary to prepare land border plan for entry of land units in the Land Book. It will help save budget funds, as it w...

Ukraine: Odessa Sea Port Authority issues ice advisory

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Inchcape Shipping Services (ISS) is warning that an ice advisory has been issued by Odessa Sea Port Authority due to ice forming in the port...

Ukraine: Ukrenergo to modernize energy system in cooperation with KfW

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Ukrenergo National Power Company considers involving the German development bank KfW in the modernization of Ukraine’s energy system. “Ukre...

Ukraine: NABU not to close Energoatom bribe case

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The pretrial investigation into facts of taking bribes in procurement tenders held by National Nuclear Generating Company Energoatom to buy ...

Ukraine: Ukrzaliznytsia transferred to government’s management

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Ukraine’s Cabinet of Ministers has transferred public joint-stock company Ukrzaliznytsia to the management of the government to increase eff...

Belarus: considerable part of Russia’s demand for milk satisfied

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Belarus satisfies a considerable part of Russia’s demand for milk, Member of the Board (Minister) for Industry and Agribusiness of the Euras...

Uzbekistan: over 8.2 million tons of grain produced in 2016

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The implementation of numerous measures on agriculture development for the period 2016-2020, aimed at ensuring increased yields and producti...

Uzbekistan: sale of state properties simplified

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President of Uzbekistan Shavkat Mirziyoyev has signed a decree “On measures to further simplify and accelerate sale of state properties to b...

Tajikistan: ADB assistance to be around $107 million in 2017

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The Asian Development Bank (ADB) has released its updated 2017 to 2019 country program for Tajikistan. In accordance with this program, ADB...

Ukraine: new head of USPA criticizes Odessa port management

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The Acting CEO of Ukrainian Seaports Authority Raivis Veckagans held a meeting at the port of Odessa, during which he criticized the port’s ...
19.01.2017

Ukraine: rice imports down in 2016

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Rice imports to Ukraine continued shrinking this season. Ukraine imported 14 KMT of rice from July till November 2016/2017, down by 35% YoY....

Ukraine: record volumes of sunflower oil exported in 2016

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Last year, Ukraine supplied 4.8 million tons of sunflower oil to foreign markets, up by 23% YoY, which became a record, the association of e...

Ukraine: Astarta boosts production in all business segments in 2016

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The operation results of Astarta agroindustrial holding improved in all business segments in 2016, the company’s press service reported Здес...

Ukraine: 4 international companies supplying gas

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Four international companies are supplying imported gas to Ukraine to sell it to local consumers, Commercial Director of the national joint-...

Russia: Vladivostok SFP fish throughput up in 2016

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In January-December 2016 Vladivostok Sea Fishing Port (Vladmorrybport OJSC) handled 327,000 tons of fish cargo (up by 6.3% YoY) Transshipme...

Moldova: settling Transdniester debt to Gazprom hard

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Moldova has outlines for settling its debt to Russian gas giant Gazprom, but the debt of the breakaway Transdniester republic is a complicat...

Ukraine: Kernel Holding S.A. rated preliminary ‘B’

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S&P Global Ratings assigned its preliminary ‘B’ long-term corporate credit rating to Kernel Holding S.A. (Kernel), a Ukraine-based produ...

Ukraine: Naftogaz not to clear $5.3 billion bill until Stockholm arbitration decision issued

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National joint-stock company Naftogaz Ukrainy has confirmed that it received a $5.3 billion bill from Russia’s Gazprom for gas the company d...

Belarus to implement new projects with Austria’s Kronospan

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Belarus is eager to implement new projects with Austria’s Kronospan Group, Belarusian Prime Minister Andrei Kobyakov said as he met with Kro...

Uzbekistan: FEZ “Jizzakh” produces 255.2 billion soums worth of goods

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The presidential decree “On additional measures for the intensification and expansion of activities of free economic zones” dated October 26...

Ukraine: Naftogazvydobuvannya begins drilling new well

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Naftogazvydobuvannya operated by DTEK Naftogaz has commenced drilling a new well at Semirenkivske gas and condensate field. The project will...
18.01.2017

Ukraine: money stock up in December 2016

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Money supply in Ukraine in December 2016 increased by 5.4%, to UAH 1.102 trillion, according to preliminary monetary statistics data, posted...

Ukraine: Viktor & K increasing oilseed crushing capacity

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The private enterprise Viktor & K (“Korolivsky Smak” brand) is planning to launch a soybean crushing plant in autumn. The new plant wil...

Ukraine: official unemployment rate up in December 2016

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In December 2016 the official unemployment rose by 0.2% to 1.5%, the State Statistics Service has said this in a statement. As of January 1...

Ukraine: car production down in 2016

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Production of passenger cars in Ukraine in 2016, according to preliminary data from the Ukrautoprom association, decreased by 23.2% YoY, to ...

Belarus: Domostroenie exports of wooden houses to France to double

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The Domostroenie branch of the Shklov-based newsprint mill will build and ship more than 70 frame-panel houses to France in 2017 or twice as...

Uzbekistan: over 218 thousand small businesses operating

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Comprehensive measures to further improve the business environment, to ensure reliable protection of small business and private entrepreneur...

Ukraine: Gazprom bills Naftogaz $5.3 billion for gas under take-or-pay provisions for 2016

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Gazprom has billed Naftogaz Ukrainy $5.3 billion for not accepting contracted take-or-pay provisions for gas. If that amount is included in...

Kazakhstan: gold production up in 2016

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Kazakhstan produced nearly 74.63 tons of unprocessed, semi-processed and powder gold in January-December 2016, up by 17.3% YoY, the Kazakh S...

Ukraine: Fitch rates Kernel’s planned eurobond ‘B+(EXP)’

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Fitch Ratings has assigned Kernel Holding S.A.’s planned benchmark USD unsecured eurobond an expected rating of ‘B+(EXP)’, Fitch said in a p...
17.01.2017

Ukraine: customs experiment allows collecting extra UAH 2.8 billion for road repairs

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A customs experiment introduced by the government of Ukraine in September 2015 allowed in 2015-2016 to collect an additional UAH 2.8 billion...

Ukraine: more low cost airlines to operate in 2017

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Infrastructure Minister of Ukraine Volodymyr Omelian says that more low cost airlines would operate in Ukraine in 2017. “As to the low cost...

Ukraine: gas stocks down 25% in three months of heating season

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Gas stocks in Ukraine’s underground storage facilities declined by 25% or 3.677 billion cubic meters to 11.055 billion cubic meters since Oc...
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