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August 8, 2013

Ukraine Produces World’s Greatest Amount of Honey Per Capita

In 2012, Ukraine produced more than 70,000 tons of honey, becoming one of the world’s largest honey producers. Per capita honey production in Ukraine reached 1.5 kg, which is the best result in the world, according to AgriEvent. In 2012, Ukraine exported 13,000 tons of the product and forecast for 2013 is around 20,000 tons.

August 7, 2013

IGC Improves Corn Export Forecast for Ukraine

One of the world’s largest corn exporters Ukraine is likely to export 15.5 million tons of corn in 2013/2014, according to the International Grains Council. The organization improved Ukraine’s forecast by one million as its production prognosis rose from 23 to 24 million tons.

August 2, 2013

Ukrainian Television Show Airs in South Korea

Starting today the production of Ukraine’s National Television Company – How Does It Work? show – will be aired by South Korea’s broadcaster Arirang TV. On the other hand, the feature films aired by the Korean broadcaster will run on Ukraine’s First National TV channel as a part of the Korean Films Week project in September 2013. This decision came as a result of the long term bilateral cooperation, reads

July 30, 2013

Ukraine’s Banking System Approaches EU Standards – Banking Expert

The system of establishing bank reserves – Basel II, which has been introduced in Ukraine early in 2013, has led the country’s banking system closer to European standards, said the president of the Ukrainian analytical center Financial Technologies Oleksandr Okhrimenko.

July 29, 2013

Ukraine – Appointed Tourism Coordinator for BSEC

Ukraine acquired the status of BSEC Working Group on Tourism coordinator for the two-year term (until June 30, 2015). The respective decision was made at the 28th meeting of the Organization of the Black Sea Economic Cooperation foreign ministers in Odesa, reads Notably, Ukraine was selected as BSEC tourism coordinator shortly after the end of its term as a chair of the organization.

July 18, 2013

EU Gives Green Light to Ukrainian Poultry Export

Ukrainian producers will be able to export poultry to the European Union starting July 24, 2013. This is the date when the updated list of Ukrainian companies that are eligible to export produce to the EU will enter into force.

July 17, 2013

Ukrainian Programmer Comes Up With Skype and Viber Alternative

The global IT market has been marked with recent development of the new VoIP technology service - Droid Translator. The app has been developed by Ukrainian software engineer Oleksandr Konovalov, founder of TIW (Technology Improves the World) Innovations company. The newly developed product is similar to Skype and Viber, and yet, unlike them, it can automatically translate voice and text messages into 14 mostly used languages.

July 12, 2013

45 Bln Cubic Meters of Gas Production Is Realistic for Ukraine, ExxonMobil

According to the ExxonMobil’s estimation of Ukrainian offshore and continental gas reserves, the country may achieve annual gas production of 45 billion cubic meters by 2020, stated Kevin Biddle, the company’s European exploration director, in his interview with He explained interest of ExxonMobil in developing business in Ukraine by its oil, gas, shale gas, and coalbed methane reserves, as well as positive forecast for the extraction price.

July 11, 2013

Ukraine Implements European Regional Development Practices

Ukrainian officials and the Assembly of European Regions (AER) representatives agreed for the European experts to participate in forging the development strategies for Ukrainian regions, informed Oleksandr Vilkul, Vice Prime Minister of Ukraine. With nine regions of Ukraine being the Assembly members, the Eastern European country aims for the totality of its 27 regions to join the AER.

July 10, 2013

World Youth Athletics Championships Make Use of Donetsk Sports Infrastructure

The 8th IAAF World Youth Championships commenced today in the eastern Ukrainian city of Donetsk. Having hosted group matches of the UEFA EURO 2012 football championship, as well as quarter- and semi-final of the games, Donetsk is once again turning into a global sports capital as its regional sports complex Olimpiyskyi plays host to the second major IAAF competition of 2013.

July 9, 2013

Korea Attracted by Large Infrastructure Projects in Ukraine

Ukrainian investment potential has been highlighted by the South Korean Ambassador to Ukraine, Kim Eun-Joong, as reported by the Ministry of Economic Development and Trade of Ukraine. He noted that Korean investors were looking at the largest investment projects in the country’s infrastructure. According to the Ambassador, successful bilateral cooperation between Ukraine and South Korea develops in the areas of space and high technology.

July 8, 2013

Ukraine Increases Solar Power Capacity 50%

Installed capacity of solar power stations in Ukraine reached 494 MW as of July 1, 2013, reports Association of Alternative Fuel and Energy Market Participants of Ukraine (APEU). In January - June 2013, Ukrainian solar power capacity grew by 51.4 percent, according to the APEU.

July 5, 2013

Reverse Gas Supply May Stimulate Adequate Pricing of Russian Import - Ukraine’s Energy Minister

The total annual volume of gas that can be delivered through the reverse supplies from Europe to Ukraine can reach over 30 billion cubic meters.

July 3, 2013

Google Voice Search Launched in Ukrainian

While voice search used to be a fantasy in futuristic movies, the innovators at Google are now making it a reality. Already available in 35 different languages, Google Voice Search can be used in Ukrainian on OS Android 2.2 devices and higher.

June 28, 2013

Ukraine’s Shale Gas Revolution May Bring Country Closer to U.S. and EU – U.S. Expert

The development of shale gas deposits represents strategic milestone in Ukraine’s pursuit of energy independence boosting national security for Kyiv and Washington and driving Ukraine’s European integration.

June 27, 2013

Ukraine Heads for the Future With Renewable Energy

For more than several years now Ukraine has been keen about developing renewable sources of energy and improving regulations for the utility companies. These issues have been discussed during the recent meeting between the Ukrainian National Commission for conducting State regulations in the energy industry of Ukraine (NCSRE) and its American counterparts from the National Association of Regulatory Utility Commissioners (NARUC).

June 26, 2013

The European Union Delegation Opens Sustainable Energy Week in Ukraine

This week was announced as the energy sustainable week in Ukraine. Such statement was released during the opening press-conference hosted by the European Union Delegation to Ukraine in Kyiv.

June 26, 2013

Ukraine May Become Europe’s Energy Hub - EU Enlargement Commissioner

Ukraine remains a reliable partner of the European Union in the energy sector, particularly with respect to gas transportation and storage. Such statement was released by the EU Commissioner for Enlargement and European Neighbourhood Policy Štefan Füle during the press conference in Luxembourg.

June 25, 2013

Sky Over Kyiv Conference Reveals The Future of Ukrainian Aviation Industry

Ukrainian capital city of Kyiv just finished hosting the Sky Over Kyiv Conference which offered to discuss the present and future goals of the Ukrainian aviation industry.

June 21, 2013

Ukraine’s Agribusiness To Attract USD 30 Bln in The Next 10 Years - Minister of Agriculture

Agro-industrial companies of Ukraine will attract up to USD 30 billion in investments in the next 10 years, stated the Minister of Agricultural Policy and Food Mykola Prysyazhnyuk.

June 21, 2013

Agrarian Minister: Ukraine Could Export Over 30 Mln Tons of Grain Annually by 2021

Ukraine will be able to export up to 33 million tons of grain annually by 2021, stated the Minister of Agrarian Policy and Food of Ukraine Mykola Prysyazhnyuk.

June 19, 2013

TEDx Kyiv 2013 Conference Develops Instinct for the Future

“Instinct for the Future” was the slogan of this year’s annual and privately organized TEDx event that featured speakers sharing their unique designs and innovations that carry the idea of change and development of the future society. The mission of this year’s TEDx was to passionately change attitudes, lives, and ultimately the world via the power of ideas.

June 19, 2013

One Step Closer to EU: Ukraine Out of Paris Memorandum on Port State Control Blacklist

Ukraine has made it out of the blacklist of the Paris Memorandum of Understanding on Port State Control (Paris MoU), following the 46th meeting of the organization. This was one of the requirements set for Ukraine by the EU, informs Cabinet of Ministers of Ukraine. The organization evaluates how participating states comply with international safety, security and environmental standards, and ensures that crew members have adequate living and working conditions.

June 18, 2013

First ABC Conference in Kyiv Welcomes Business Partners

Ukraine just finished hosting the first International Annual Business Conference ABC: Ukraine & Partners.

June 14, 2013

Ukraine Will Host International Ferro Alloy Congress Infacon 2015

Ukraine has won the right to host the International Ferro Alloy Congress Infacon in 2015. The announcement was made public during the Infacon XIII Congress, which is currently taking place in Almaty, Kazakhstan.

June 14, 2013

European Economy Would Benefit from Ukraine’s Integration into the EU

The full integration of Ukraine into the EU will provide an untapped potential for the economic growth, stability and security in Europe. This was stated by the president of Ukraine Viktor Yanukovych at the plenary session of the 18th Central Europe Summit of Heads of State in Bratislava, Slovakia, where 21 European presidents discussed Growth Strategy for Post-Crisis Recovery at the Summit.

June 12, 2013

Kyiv Welcomes First International ABC Ukraine & Partners Business Conference

On June 13-14, 2013, the Ukrainian capital city of Kyiv will host the First International Annual Business Conference ABC: Ukraine & Partners.

June 6, 2013

Ukraine Leaps to Business Deregulation

Deregulation of business activity has become one of the reform priorities for Ukraine in 2012. It was conducted in four major areas - simplifying procedures for opening and closing a business, simplifying property registration, lifting the tax burden, as well as reforming public services system and narrowing state control for businesses. The results and prospects of business deregulation were addressed by the President of Ukraine Viktor Yanukovych in his annual message to the parliament of the country.

June 5, 2013

Ukraine Looks Forward to Energy Efficient Future

The EU is ready to invest into renewable energy in Ukraine. Such was the aftermath of the recent European-Ukrainian Energy Day event.

June 3, 2013

Ukraine Builds First Wind Farm Turbines in Kazakhstan

Eastern Ukrainian company Fuhrlander Wind Technology will provide 22 turbines for the construction of the first wind power station in Kazakhstan. The turbines will be installed in the town Ereymentau in north-central Kazakhstan. Another Ukrainian company Krym Irey Proekt will be responsible for the design of the 45 MW wind farm, according to Vladyslav Yeremenko, director general of the Management Company Wind Parks of Ukraine, reports

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