Oleksii Savytsky

Cheap loans are the only salvation for Ukrainian business, the chairperson of the State Service for Regulatory Policy and Entrepreneurship Development Mykhailo Brodsky maintains. He stated his opinion at a briefing in the Cabinet of Ministers when commenting on Ukraine’s last place among...

Next year a new reform for roads maintenance will be implemented. Ukravtodor will hand over 117,000 kilometers of roads of local importance to regional administrations. The State Road Agency will keep only 52,000 kilometers of national roads under its submission. Experts working for the agency hope...

The authorities promised to plant red horse-chestnuts, but the trees have broken into white blossom, prompting environmentalists and civic activists to suspect the city officials of engaging in a botanical fraud. They say that the trees, allegedly belonging to the Brioti variety, brought from as...

The Odesa Oil Refinery (OOR) began recom­missioning its equipment in preparation for resuming operations on March 29, with the primary oil refining unit being the first to be restarted. The plant’s new owner, the Eastern European Fuel and Energy Company (EEFEC), promises to get it at...

The EU is ready to resume the aid program stopped last year and assist Ukraine with 200 million euros. However, first they demand making the system of government purchases trans-parent. This was declared by An-drew Rasbash, Head of Operations, EU Delegation to Ukraine.“We can speak about 200...

Ukraine has an opportunity to become one of the world economy leaders in the next 10 years, Petro Poroshenko, Minister for Economic Development and Trade, announced at the 9th annual Yalta Summit (YES). In his words, it is the development of the Ukrainian agro sector that can offer this...

These are the plans of the Ministry of Agrarian Policy of Ukraine that has adopted the state program “Bioethanol.” According to it, arranging the production of alternative fuel is a state priority.The state-run enterprise of spirit and alcoholic beverage industry “Ukrspyrt” is ready to achieve the...

According to the Ukrainian Agrarian Confederation’s data, our country exported nearly 380,000 tons of grain this July, hitting the multi-year low. Less than 600,000 tons of grain were exported in the first half of August. Full month’s export for August will not exceed 1.2 million tons, predicts...

Nothing has essentially changed in the energy sector since Naftohaz and Gazprom announced an intention at the end of 2010 to set up a joint venture to produce methane, the “killer gas.” No JV [joint venture. – Ed.] has been set up, but, as experts maintain, Gazprom has staked...

According to the event’s organizers, PRT Communication Group and the investment group Avantazh Capital Management, Ukraine’s first ever investment salon will be held this May in Kharkiv. The companies’ heads explained that the salon consists of meetings of international capital market participants...