News

Ukraine holds own against US and EU in harvest yields

Ukraine is just as good as EU countries and the US in terms of harvest size, President Viktor Yanukovych said during a speech at a Farmers’ Day celebration on November 17.

Motor Sich looks to Middle Eastern and Asian markets

One of Ukraine’s top makers of aircraft engines and gas turbines, Motor Sich, is now looking at the aviation markets of both the Middle East and Asia as among its top priority markets and is determined to rival Russian and Polish aircraft manufacturers, said Senior Motor Sich Engineer Mykola Zubko during the 2013 Dubai Air Show.

Ukraine plans to export AN-148 and AN-158 to UAE

Ukraine is planning to arrange the delivery of Antonov AN-148 and AN-158 passenger airplanes to the United Arab Emirates, said Ukraine’s Minister of Industrial Policy Mykhailo Korolenko during the 2013 Dubai International Airshow, which took place November 17-21.

MKP sends first poultry shipment, 60 tonnes, to the EU

Nearly 60 tonnes of Ukrainian chicken meat had been sent to France, the State Animal and Plant Health Service of Ukraine reports.

AA with EU will bring investment to the farm sector

Global climate change could make it more profitable for investors to put their money into Ukraine’s agricultural sector, Minister of Agricultural Policy and Food Mykola Prysiazhniuk said during a meeting of the Domestic and Foreign Investors’ Council. Moreover, he said, investment volumes are expected to rise if the Association Agreement with the European Union is signed. Specifically, incoming capital will be used to develop the agricultural market, upgrade irrigation systems, expand the production of biofuel, manufacture farm machinery, expand animal husbandry and expand the food processing industry, the Minister said.

MinEcon sets priorities to develop aviation industry

Ukraine’s Ministry of Economic Development and Trade has started developing a National Targeted Technological Aircraft Construction Program for 2014-2020. The program is expected to help the domestic aviation industry to reach break-even levels of production, revitalize the batch production of planes, and expand the manufacturing of helicopters. The Government plans to allocate US $15.9bn of the US $37bn needed for this program.