BUSINESS NEWS — Ukraine’s sugar beet production satisfies domestic demand three times over. The estimated surplus may provide some 4 million tons of biofuel, reported the Minister of Agrarian Policy and Food of Ukraine Mykola Prysyazhnyuk at the press conference in Kyiv. The Ukrainian government has begun the reorientation of the nation’s sugar beet industry, [...]
BUSINESS NEWS — For the first time Ukraine made it into the ratings of countries attractive for “environmental” investments. The country took 32nd place out of 40 in a rating compiled by the Ernst & Young auditing company. The compilers of the rating noted that Ukraine has huge potential for the development of renewable energy [...]
BUSINESS NEWS — Ukraine intends to invest some US$2.5 billion to build an LNG (liquefied natural gas) terminal and re-gasification plant for the reprocessing of imported LNG (primarily from Azerbaijan) into 5 bn cu m of gas annually from 2014, rising to 10 bn cu m per year from 2016. Sites under consideration to build [...]
BUSINESS NEWS — Economic downturn or not, the demand for high tech products shows no sign of abating. Ukraine’s IT and office equipment market grew by 44 percent, in the second quarter of 2011 compared to the same period a year ago, according to GfK Ukraine market research company. This makes the market worth Hr 2.16 [...]
BUSINESS NEWS — Ukraine has become a new growth point in Europe and a country full of opportunities for Chinese business, Ukrainian First Deputy Prime Minister Andriy Klyuyev told Xinhua in an interview. Klyuyev, who is also Economic Development and Trade Minister, said Ukraine pays close attention to China’s great economic development achievements. “Despite the [...]
PRESS RELEASE — In November 2011 Obolon Corporation started exporting beer to China. Beer supplies to China are carried by sea – from Kyiv via Odessa and the Indian Ocean. Obolon-brand products will be sold in the Wal-Mart retail chain of stores, in hotels and restaurants of the largest cities in China. The average price [...]
BUSINESS NEWS — Ukraine’s sugar beet production satisfies domestic demand three times over. The estimated surplus may provide some 4 million tons of biofuel, reported the Minister of Agrarian Policy and Food of Ukraine Mykola Prysyazhnyuk at the press conference in Kyiv. The Ukrainian government has begun the reorientation of the nation’s sugar beet industry, [...]
BUSINESS NEWS — There comes a time when every shopper in Kyiv has a Cinderella moment. For women, that comes when a shoe is priced so high that they don’t want it unless it comes with a handsome prince. A regular pair of female boots this white time of year goes for at least $400 [...]
BUSINESS NEWS — For the first time Ukraine made it into the ratings of countries attractive for “environmental” investments. The country took 32nd place out of 40 in a rating compiled by the Ernst & Young auditing company. The compilers of the rating noted that Ukraine has huge potential for the development of renewable energy [...]
BUSINESS NEWS — Ukraine intends to invest some US$2.5 billion to build an LNG (liquefied natural gas) terminal and re-gasification plant for the reprocessing of imported LNG (primarily from Azerbaijan) into 5 bn cu m of gas annually from 2014, rising to 10 bn cu m per year from 2016. Sites under consideration to build [...]
BUSINESS NEWS — Economic downturn or not, the demand for high tech products shows no sign of abating. Ukraine’s IT and office equipment market grew by 44 percent, in the second quarter of 2011 compared to the same period a year ago, according to GfK Ukraine market research company. This makes the market worth Hr 2.16 [...]
BUSINESS NEWS — Ukraine has become a new growth point in Europe and a country full of opportunities for Chinese business, Ukrainian First Deputy Prime Minister Andriy Klyuyev told Xinhua in an interview. Klyuyev, who is also Economic Development and Trade Minister, said Ukraine pays close attention to China’s great economic development achievements. “Despite the [...]
SCIENCE — Ukraine´s objective is to complete all the primary work to launch the Ukrainian rocket Cyclone-4 from the facility in the North Western Brazil by 2013, stated President of Ukraine Viktor Yanukovych in his interview with Brazilian newspaper O Globo during his official visit to Brazil on October 23-26. Brazil is responsible for the [...]
EVENT – Supporting the tradition of several recent years, for the fourth time Engineering and production centre Vektor becomes the sponsor of the international conference “Fat-and-Oil Industry – 2011″, taking place in Kiev, Ukraine, on November 23-25, 2011. Engineering and production centre Vektor is one of the largest engineering companies of Ukraine, which works at highly [...]
POLITICAL NEWS — The Verkhovna Rada intends to ban advertising, spread of information and broadcast of services of paranormalists, fortune tellers and astrologers. With 226 votes required, 302 lawmakers supported draft law No.8371 at the first reading. The draft law envisages amendments to the laws on advertising, the press, and the television and radio broadcast. The [...]
BUSINESS NEWS — Nival announces the creation and opening of Nival Red, its fourth development studio in Europe. The studio, based in Kiev, Ukraine, will develop games for the growing market of gamers playing on Android and iOS-enabled mobile and tablet devices. This addition helps Nival widen its reach as a leading developer and publisher [...]
BUSINESS NEWS — The head of the National Bank of Ukraine Serhiy Arbuzov informed that NBU officials are analyzing the situation on the market and discussing expediency of new rules for currency exchange procedure. “We don’t exclude that within the time, when citizens get used to new rules, we will allow banks to perform currency [...]
BUSINESS NEWS — Few foreigners rush to this frontier anymore. While giant state-owned enterprises and private conglomerates usually top Ukraine’s company rankings in revenue and profit, they are not necessarily the ones that dominate investor attention. Indeed, international investors have increasingly looked toward smaller, but up-and-coming public Ukrainian names in their search to get exposure to [...]
CLASSIFIEDS — The operating Business Center “Central”, Ukraine, Kharkov, Poltavsky Shlyakh Street (central part of the city, close to the central railway station, one kilometer from the city center). The total area of the center is 12400 sq.m. It is a 10-storied building. The land area is 0.71 hectares. Modern office repairs, ventilation, air conditioning, [...]
BUSINESS NEWS — Ukraine’s notoriously tough and opaque legal climate is good news for the nation’s domestic law firms. While in the rest of Eastern European countries and Russia only a few lucky locals have managed to compete with the international legal powerhouses, Ukraine shows a totally different picture. When it comes to the nation’s top-five [...]
BUSINESS NEWS — “Economic and political futures in Europe and former CIS states revolve more and more around energy. As Ukraine prepares to join the European Energy Community, if it can open and clean its own home market and bring much needed transparency to Ukraine, golden opportunities lie ahead including the chance to export energy [...]
BUSINESS NEWS — Ukrainian Prime Minister Mykola Azarov assured Slovak Foreign Affairs Minister Mikuláš Dzurinda that Ukraine will serve as a reliable partner in deliveries of natural gas, and the gas crisis in Slovakia from early 2009 will not be repeated, newswire TASR reported. Dzurinda said he directly asked the Ukrainian prime minister at the [...]
BUSINESS NEWS — The Kyiv city state administration intends to launch the manufacture of trams in 2012, Ruslan Kramarenko, the deputy chairman of the city state administration told the Ukrainian News agency. “Next year, we will produce own trams,” Kramarenko said. The deputy chairman of the city state administration said that the Kyivpastrans municipal enterprise [...]
BUSINESS NEWS — Ukraine will seek a compromise trade deal with ex-Soviet overlord Russia, Ukrainian President Viktor Yanukovich said on Friday after Moscow told Kiev to either join its regional customs union or risk a trade war. According to Reuters Russian President Dmitry Medvedev this week ruled out a special deal with Ukraine that could [...]
Study: Macroeconomic Situation – June 2011 SUMMARY POINTS Industrial production growth rebounded at 8.6% yoy in May 2011. The state budget deficit for the first five months of the year narrowed to UAH 1.6 billion thanks to higher growth of revenues, which notably outpaced expenditures. The state budget deficit target was revised downwards to 2.7% [...]
TECH NEWS — The successful launch of Ukraine’s new satellite Sich-2 on August 17 confirms the capacity of Ukraine to create its own Earth remote sensing system in two years. This has been discussed at a news conference dedicated to the satellite launch ahead of the 20th anniversary of independence of Ukraine on Thursday. According [...]
BUSINESS NEWS — In January-June 2011, foreign trade deficit in goods and services fell by USD 1,167.4 million, comparing with January-June 2010, and made up USD 1,801.1 million. The State Statistics Service announced this in a statement. According to the data of State Statistics Service, the foreign trade turnover made up USD 80,596.9 million in January-June [...]
Geographically, Kyiv (Kiev) belongs to the Polissya natural zone (a part of the European mixed woods). However, the city’s unique landscape distinguishes it from the surrounding region. The elder right-bank (western) part of Kyiv (Kiev) is represented by numerous woody hills, ravines and small rivers (now mostly extinct). It is a part of the larger [...]
POLITICS – Russian President Dmitry Medvedev has called on Ukrainian President Viktor Yanukovich not to politicize gas cooperation between the two countries, a source in the Kremlin said Friday, RIA Novosti reported. Russia also believes that cooperation between Ukraine and the customs union of Russia, Belarus, and Kazakhstan in “the 3+1 format,” proposed earlier [...]
BUSINESS NEWS — Prime Minister Mykola Azarov is calling on development of domestic production of diapers and condoms. He has said this visiting the kindergarten at 20Б Hryhorenko Street, Kyiv. “We’ll build domestic enterprises to provide our needs. There is nothing difficult in the diaper production. Right? Agree? Once we learned to build rockets … the [...]
TRADE EVENT — On September 16-17, 2011 in Sevastopol will take place the International Investment Forum, aimed on presentation of Region opportunities, demonstration of the largest investment projects and discussion of conditions and prospects of foreign companies’ activity in the Region. Sevastopol is a resort city and at the same time unique platform for business [...]
DOMESTIC NEWS — There is little doubt that the embarrassing spectacle of the trial of former Ukrainian prime minister Yulia Tymoshenko – and her recent arrest on contempt charges during the proceedings – is causing great damage to her country. And there is little doubt that how Ukraine develops will be of great importance for [...]
BUSINESS NEWS — Ukrainian IT market increased by approx. 30% last year. In Euro terms its value crossed €1bn, which is comparable with the level recorded in 2005 and it represents a half of the value from 2007. In 2010 IT products and services sales bounced back. Ukraine got some economic recovery after the financial [...]
DOMESTIC NEWS — The chief utility economy department of Kyiv City State Administration has finished drawing up a draft program on the upgrade and development of Kyiv’s water supply and sewage networks by 2020. Read full article Bogartier News – for global operating professional Subscribe now, from 7,25 €/month Become a Company member, submit your [...]
BUSINESS NEWS — The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank plan to grant $300 million to Ukraine’s national oil and gas company Naftogaz to modernize the Ukrainian gas transportation system, following memorandums signed on Tuesday. Read full article Bogartier News – for global operating professional Subscribe now, from 7,25 [...]
UKRAINE – DOMESTIC NEWS Sixteen people died after a fire broke out in a retirement home in western Ukraine, the Ukrainian Emergencies Ministry reported on Sunday. The fire broke out early on Sunday in a wooden house in the village of Beloye in the Dubrovitsy district of the Rovno region. Two fire brigades battled the [...]
BUSINESS NEWS UKRAINE – Not everyone, even in Sweden, are aware of its existence. But in south Ukraine there is a small village where some people still speak an old version of Swedish. Gammalsvenskby (Old Swedish village) is its name. Stockholm News paid a visit to the village in late June this summer. Deported from [...]
WORLD NEWS — The euro rose against the yen and the dollar on speculation European Central Bank President Jean- Claude Trichet will signal today that policy makers intend to raise interest rates next month. The 17-nation shared currency strengthened against 11 of 16 major counterparts tracked by Bloomberg. The Dollar Index slipped before a U.S. [...]
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