Ukraine plans to encourage farmers to increase the 2010 sugar beet area by 37% and to boost white sugar output to 2.5mn tonnes from 1.37mn in 2009, a deputy farm minister has been quoted as saying. Ukraine , which consumes about 2.0mn tonnes of sugar per year, used to produce about 5.0mn tonnes of white sugar from sugar beet in Soviet times, but cut production because it was unable to compete with much cheaper sugar made from cane. In 2008 Ukraine produced 1.6mn tonnes of sugar from sugar beet. Last week producers said refineries had produced 1.23mn tonnes of white sugar from the 2009 beet crop as of Dec 10, or 18.3% y/y down
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In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more
The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more
The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more