In response, President Putin’s press secretary lashed out Tuesday to reporters in Moscow. In response, President Putin’s press secretary lashed out Tuesday to reporters in Moscow. “The hostile and uncompetitive attitude of the United States to this purely economic project is well known ...
US exports of liquefied natural gas to the EU almost tripled during the last seven months, compared to the same period in 2017, US exports of liquefied natural gas to the EU almost tripled during the last seven months, compared to the same period in 2017, reports the European Commission. US exports from late July to early Marc...
Nord Stream-2 could reinforce the EU’s dependence on Russian gas supplies and threaten the EU internal gas market, Nord Stream-2 could reinforce the EU’s dependence on Russian gas supplies and threaten the EU internal gas market, according to a resolution approved Tuesday by the European Parliament in a 402-163 vo...
The volume of Russian gas flowing across Ukraine to Europe was up by 15% in the first two months of this year, The volume of Russian gas flowing across Ukraine to Europe was up by 15% in the first two months of this year, compared to the same period last year. Ukrtransgaz, the state gas transmission company, s...
Ukrainians cut their gas consumption by 9% during the first two months of this year, Ukrainians cut their gas consumption by 9% during the first two months of this year, compared to the same period in 2018, reports Ukrtransgaz. The state pipeline operator did not say why consumption d...
Mark Rollins, the British energy executive who has served as chairman of the Ukrnafta supervisory board since November 2015, will have his powers ‘terminated’ Mark Rollins, the British energy executive who has served as chairman of the Ukrnafta supervisory board since November 2015, will have his powers ‘terminated’ in a shareholders meeting on April 30, re...
In a wider shakeup of Ukraine’s state-owned energy companies In a wider shakeup of Ukraine’s state-owned energy companies, the government has not renewed the contract of Andriy Kobolyev, CEO of Naftogaz. Kolobyev’s contract expires in 10 days. This Friday, Oleg...
Fifteen Ukrainian IT companies are on a worldwide list of top 100 tech companies rated for consistent performance over the last decade. Fifteen Ukrainian IT companies are on a worldwide list of top 100 tech companies rated for consistent performance over the last decade. Inclusion on the list is based on rankings given in past years b...
Landlines are fading out fast, especially in villages where mobile access is increasingly available and affordable Landlines are fading out fast, especially in villages where mobile access is increasingly available and affordable, reports the State Statistics Service. For rural households, the number of landlines ...
With half a billion dollars worth of wind projects planned for Ukraine’s Sea of Azov coast, Berdyansk is becoming a major port of entry for the massive wind turbines With half a billion dollars worth of wind projects planned for Ukraine’s Sea of Azov coast, Berdyansk is becoming a major port of entry for the massive wind turbines. DTEK and China Machinery Engineer...
Asket Shipping has increased grain storage capacity at Berdyansk port to 100,000 tons, a 42% increase over last year Asket Shipping has increased grain storage capacity at Berdyansk port to 100,000 tons, a 42% increase over last year. The company built a new warehouse and expanded an existing one, Victoria Abreyeva,...
Bids are accepted until March 26 on a ProZorro tender for major repairs at the main berth of Berdyansk port. Bids are accepted until March 26 on a ProZorro tender for major repairs at the main berth of Berdyansk port. Later this year, the Seaports Administration plans to put up for tender work on the second ...
Russia and Ukraine have quietly set 2019 quotas for the Sea of Azov fish catch Russia and Ukraine have quietly set 2019 quotas for the Sea of Azov fish catch. After representatives of the two fishery agencies could not reach agreement in face to face meetings last fall, diplomat...
To help the Azov Sea ports, the Infrastructure Ministry plans to exempt Mariupol and Berdyansk from contributing to the state budget, To help the Azov Sea ports, the Infrastructure Ministry plans to exempt Mariupol and Berdyansk from contributing to the state budget, leaving that burden to Ukraine’s 11 Black Sea ports. Minister Volo...
The EU is to announce in coming days details of The EU is to announce in coming days details of €50 million in the road, rail and port aid to Ukraine’s Azov. At a recent meeting with EU officials in Brussels, Hennadiy Zubko, Ukraine’s regional deve...
AzovAkvaInvest Park, a 16-hectare industrial park in Mariupol, has been registered by the Economic Development and Trade Ministry. AzovAkvaInvest Park, a 16-hectare industrial park in Mariupol, has been registered by the Economic Development and Trade Ministry. The goal of the park is to create 665 jobs in the light industry. Ism...
From Kyiv to Helsinki by train, bypassing Russia? From Kyiv to Helsinki by train, bypassing Russia? Peter Vesterbacka, the Finnish entrepreneur behind the Angry Birds video game franchise, has signed a memorandum of understanding with a Chinese compa...
Completion would be by 2025, also the target year for completing Rail Baltica Completion would be by 2025, also the target year for completing Rail Baltica, a high-speed European gauge railway connecting Tallinn and Warsaw. This year, Ukrzaliznytsia expects to extend its new Fo...
Ukraine is more than doubling exports this year of a niche grain: rye. Ukraine is more than doubling exports this year of a niche grain: rye. From last July to this January, Ukraine exported 85,000 tons of rye, 123% more than the total exports for the last marketing year...
Rusting landscapes familiar to train riders may gradually improve as Ukrzaliznytsia starts to turn its scrap steel into cash. Rusting landscapes familiar to train riders may gradually improve as Ukrzaliznytsia starts to turn its scrap steel into cash. On Monday, Metinvest agreed to pay $7 million for 26,800 tons of railroad ...
To cut the isolation of the Sea of Azov To cut the isolation of the Sea of Azov, Ukrzaliznytsia launches on March 30 a Kyiv-Mariupol ‘Night Express.’ Running every other day, the ‘express’ will cut two hours off the route, reducing it to 14...
Starting March 31, trains will travel daily from Mariupol to Kharkiv Starting March 31, trains will travel daily from Mariupol to Kharkiv, Ukraine’s second largest city and home to a major international airport. These overnight trains will take 12 hours and 40 minutes....
Mariupol plans to inaugurate a $6 million modern grain terminal by August, in time for the new harvest Mariupol plans to inaugurate a $6 million modern grain terminal by August, in time for the new harvest, Igor Barsky, port director, tells the Center for Transportation Technologies. To drum up busines...
Kernel, the agro giant, opened its new grain export terminal in Chornomorsk last month, adding one million tons of throughput capacity. Kernel, the agro giant, opened its new grain export terminal in Chornomorsk last month, adding one million tons of throughput capacity. By the end of this year, the company is to open a second phase, ...
As demand grows to move grain, Sergey Tigipko is talking with foreign investors about expanding his grain wagon fleet as much as seven times As demand grows to move grain, Sergey Tigipko is talking with foreign investors about expanding his grain wagon fleet as much as seven times, to 10,000 wagons. Tigipko, the owner of TAS-Logistic, tell...
Ukrzaliznytsia has posted on its website a list of 301 ‘low-performing’ grain stations that are candidates for closure Ukrzaliznytsia has posted on its website a list of 301 ‘low-performing’ grain stations that are candidates for closure. During the last harvest season, these stations averaged less than 2.3-grain cars...
Ukraine is the world’s largest exporter of millet, a grain used for food and fodder Ukraine is the world’s largest exporter of millet, a grain used for food and fodder, according to Mordor Intelligence. The smallest of Ukraine’s grain exports, millet goes largely to Germany and South...
Ukraine, South Korea, and the US are working with Science Technology, a Saudi company, to design and build an unmanned combat aerial vehicle capable of carrying tons of weapons Ukraine, South Korea, and the US are working with Science Technology, a Saudi company, to design and build an unmanned combat aerial vehicle capable of carrying tons of weapons. Details of the long-ra...
Ukrspetsexport, the military import-export agency, is building an armored vehicle assembly plant in Myanmar Ukrspetsexport, the military import-export agency, is building an armored vehicle assembly plant in Myanmar, reports Defense Blog. Equipment and production machines have arrived in Yangon for a plant ...
President Poroshenko says Ukraine will start mass production this year of Neptun, a land-based anti-ship rocket, and Sokil, or Falcon, a reconnaissance and attack drone. President Poroshenko says Ukraine will start mass production this year of Neptun, a land-based anti-ship rocket, and Sokil, or Falcon, a reconnaissance and attack drone. Longer range – over 500 km – m...
US-based Curtiss-Wright Corporation has signed an agreement with Kropyvnytskyi-based RadICS LLC to market its nuclear power safety systems to US power plant operators. US-based Curtiss-Wright Corporation has signed an agreement with Kropyvnytskyi-based RadICS LLC to market its nuclear power safety systems to US power plant operators. Under the agreement signed recen...
Slovakian and Ukrainian officials want to speed east-west freight and passenger rail traffic by developing logistics terminals in Košice and Mukachevo Slovakian and Ukrainian officials want to speed east-west freight and passenger rail traffic by developing logistics terminals in Košice and Mukachevo and a joint customs and border control point in C...
Ukraine lost up to 15% of its record 70 million ton grain harvest due to improper storage and handling in transport, Ukraine lost up to 15% of its record 70 million ton grain harvest due to improper storage and handling in transport, estimates Pro-Consulting. Investment is needed in silos and elevators. Competition ...
Construction starts this summer on a $12 million grain storage and processing complex in the Bila Tserkva industrial park Construction starts this summer on a $12 million grain storage and processing complex in the Bila Tserkva industrial park. Designed to ship gain by truck or train, the complex is to have the capacity ...
Epicenter K Group is expanding its modern silo storage capacity to 1 million tons at eight locations Epicenter K Group is expanding its modern silo storage capacity to 1 million tons at eight locations, Svitlana Nykytiuk, tells Interfax-Ukraine. In July, the farming group plans to launch the first $3...
Gazprom says it has built one third of Nord Stream 2 Gazprom says it has built one third of Nord Stream 2, the Russia-Germany Ukraine bypass gas pipeline. “At this point, in the Baltic Sea are laid 818 km of pipes – exactly one third of the total ...
Holland’s Royal De Heus, one of the world’s top 10 animal feed suppliers, is buying majority control of D-Mix, a Lviv region manufacturer of food for chickens and pigs. Holland’s Royal De Heus, one of the world’s top 10 animal feed suppliers, is buying majority control of D-Mix, a Lviv region manufacturer of food for chickens and pigs. With a capacity to make 80,000 ...
The government will spend $130 million this year to turn around the gradual decline of the national livestock herd The government will spend $130 million this year to turn around the gradual decline of the national livestock herd, Olga Trofimtseva, Minister of Agrarian Policy and Food, told the International Dairy...
Kormotech, a Lviv region producer of cat and dog food, is building a wet food plant in Lithuania and is expanding its dry food production in Ukraine by 50%, Kormotech, a Lviv region producer of cat and dog food, is building a wet food plant in Lithuania and is expanding its dry food production in Ukraine by 50%, to 46,000 tons. To reach a target of export...
Inflation slowed in February to 8.8% year over year, Inflation slowed in February to 8.8% year over year, reports the State Statistics Service. This was down from 9.8% for 2018. The National Bank of Ukraine predicts inflation will end this year at 6.3%....
Work is to start this spring on doubling to four lanes the 200 km Lviv-Rivne section of the M-06, cutting drive times in half, to 90 minutes. Work is to start this spring on doubling to four lanes the 200 km Lviv-Rivne section of the M-06, cutting drive times in half, to 90 minutes. This is a key section of the main truck route west from Ky...
Hungary plans to build next year a new highway bridge over the Tisa River near Chop Hungary plans to build next year a new highway bridge over the Tisa River near Chop, the Zakarpattia border town. In addition, both countries are working to cut travel times on the new Mukachevo-Budap...
Taking trucks off roads, Ukrzaliznytsia expands its increasingly popular container freight service Taking trucks off roads, Ukrzaliznytsia expands its increasingly popular container freight service, launching a new train running the north-south length of the nation, from Belarus to Romania. On Wedn...
Boryspil’s Terminal F reopens March 31, relieving congestion at Terminal D, which handled 1 million passengers a month last year Boryspil’s Terminal F reopens March 31, relieving congestion at Terminal D, which handled 1 million passengers a month last year. Airlines moving to Terminal F are: Aigle Azur, Laudamotion, Ryanair, a...
By refurbishing and reopening regional airports, Ukraine could triple its air passenger market to over 60 million people a year By refurbishing and reopening regional airports, Ukraine could triple its air passenger market to over 60 million people a year, Infrastructure Minister Volodymyr Omelyan tells Channel 5 TV. “We will ...
Ryanair is to start flights from Kharkiv this fall Ryanair is to start flights from Kharkiv this fall, making Kharkiv Ukraine’s second city to be served by Europe’s largest airline. The main destinations under negotiation are cities in Poland, Germany...
New flights and new frequencies were approved by Ukraine’s Aviation Service Commission. New flights and new frequencies were approved by Ukraine’s Aviation Service Commission. Jonika airline won the right to fly Kyiv-Gothenburg, Sweden and Kherson-Erbil, Iraq. UIA won the right to increa...
Betting on foreign travel growth, Azur Air Ukraine is doubling its long-haul Betting on foreign travel growth, Azur Air Ukraine is doubling its long-haul fleet by leasing two more Boeing 767-300s, reports Karen Antonov, charter airline’s company’s general director. The a...
The three oil and gas blocks sold at electronic auction should trigger almost $250 million in exploration and production investment, The three oil and gas blocks sold at electronic auction should trigger almost $250 million in exploration and production investment, says Stepan Kubiv, Economic Development Minister. Sold Wednesday by...
New office space is to double this year in Kyiv – to 117,000 square meters, New office space is to double this year in Kyiv – to 117,000 square meters, according to a new study by CBRE Ukraine. In 2020, new space is to increase by another 20%, fully returning to pre-2014 leve...
