The direction of the Chinese “Anhui Foreign Economic Construction Corporation” expressed interest in the construction of the grain processing plant in the territory of Ukraine, the products of which will be exported to China.
This was said by the vice-president of the “Anhui Foreign Economic Construction Corporation” Zhang Zhonghua at a briefing in the framework of the investment session of the Kyiv Economic Forum “Ukraine-China New Silk Road”, – reports the “UNIAN”.
“Now between China and Ukraine is developing a corn market, but given the mutual interests it is better to build factories for the processing of grain in the territory Ukraine. If there is a desire, the Chinese company, and not only we are ready to assist”, – said Zhang Zhonghua .
He also noted, that the implementation of such an idea is profitable from the economic point of view, since Ukraine has a cheap labor force, compared with China, and at the same quality.
As the UNIAN reported earlier, in 2015 China has become one of the largest importers of Ukrainian maize and barley. Most Ukrainian corn has gone to China (18% of exports, which in general has brought to the country $ 3 bln.). Besides, 17.5% of the Ukrainian barley were exported to China, which has brought to the country a total of $ 768.8 million. (In first place is Saudi Arabia with a share of 52%).
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]
Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]
Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]
From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]
Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
Antimonopoly Committee of Ukraine has fined Ukrkurier in the amount of 430 thousand UAH for providing false information. On it informs Interfax Ukraine with reference to official information of regulator. According to the original source, it is talking about a flawed formulation that representatives of the company use on its official website in the description […]Next
Considering features of construction business of Ukraine, investors often come up against a situation when the builder isn’t able to fulfil properly the liabilities – whether it be a delay of the termination of a construction or “frost” of an object. As a rule, the majority of cases with liabilities execution suspension by the builder […]Next
This week, for the first time in recent months, the National Bank of Ukraine went to the interbank market and bought $ 40 million. At the same time, it did not intervene in the sale of currency. The website of the NBU reported this. Finally, the NBU resumed interventions on the interbank market after a […]Next
Currently, there are no threats to Ukraine’s visa-free travel with the European Union. Required joint efforts of all political forces in Ukraine to continue the movement towards the EU. This was stated by the Minister of Foreign Affairs of Ukraine Dmytro Kuleba on the talk show “Freedom of Speech” on ICTV. According to him, there […]Next
Division of a major bank in Switzerland will pay to the USA government a fine of $ 99 million to settle the case to the complicity of American citizens in tax evasion, – reports The Wall Street Journal. In its defense, the bank’s representatives said that their establishment has never been support those who […]Next
Starbucks reported its biggest profit of all time in the UK, and it can serve as a long-term completion of a tax dispute with the British government. After the company was involved in a major tax scandal in 2012, when it was accused of tax evasion, Starbucks paid UK a large sum of income tax […]Next
Ukrainian large taxpayers transferred UAH 362.3 billion in tax payments to the state budget in January-November 2020. According to the press service of the Office of Large Taxpayers of the State Tax Service, this is 11% more than in the same period last year. The share of tax payments from large businesses served by the […]Next
The Supreme Court did not satisfy the cassation appeal of Sberbank of Russia and recognized the Ukrainian state Оschadbank as the legal owner of the Sberbank trademark in the country. “The Supreme Court did not find grounds to satisfy the cassation appeal of Sberbank of Russia and upheld the decision of the Northern Commercial Court […]Next
Recently, the launch of the new terminal of COFCO Agri of grains and oilseeds transshipment took place in Mykolayiv, – it is reported by the informed sources. According to the representatives of the company, the funds invested in the project, amounted to $ 75 million. The building of the terminal started two years ago and […]Next
The alliance between the two companies has been existing for 15 years, but for now the direction of companies expect for closer cooperation. It is supposed to create a single platform, which will produce 70% of Nissan and Renault cars (now there are 10% of manufactured machines), in fact, both brands are planning to release […]Next
The Hong Kong administration “until further notice” canceled all orders for the purchase of coronavirus vaccine from Pfizer and BioNTech, and stopped using it for vaccination in all two dozen locations in the city, according to the South China Morning Post. This happened after the distributor of the drug in the region of Fosun Pharma […]Next
The American company Pfizer and the German BioNTech have applied to the European Medicines Agency for registration of their coronavirus vaccine. The announcement was published on the BioNTech website. “On Monday, November 30, Pfizer and BioNTech filed a formal application with the European Medicines Agency for a conditional authorization to use their COVID-19 candidate vaccine […]Next
According to the State Statistics Service on January 1, 2017 it is registered in Ukraine 15 206 join – stock companies, among them there are 3 122 public companies. Despite the 25-year anniversary of the Ukrainian state, the national business has only recently started to rethink management system and effective implementation of global corporate governance […]Next
According to the owner of a startup, the unit will help to put on the feet people, suffering from incurable diseases. Musk founded the startup Neuralink in 2016, the aim is to create a device that provides a direct link between the computer and the human brain. The device, which connects directly to the computer […]Next
In July-September 2020, Ukrainian banks closed 251of the structural subdivisions, reducing the regional network to 7329 branches by October 1. This is stated in the data of the National Bank. Most branches in the third quarter were closed by the state Oschadbank – 166, reducing its total number to 1931. During the same period, the […]Next
The Ministry of Finance held an auction for the sale of domestic government bonds (IGLBs), which raised UAH 1.89 billion to the state budget. This was reported by the press service of the Ministry of Finance on Tuesday, August 3. In total, investors were offered five issues of securities in hryvnia. The weighted average yield […]Next