Economy

VoleeYu brand showroom opens in Beijing
19/11/2017
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VoleeYu showroom, Ukrainian brand of women's clothing and accessories, opened in the 'Ukrainian House' in Beijing. The brand was presented by Yulia Katsianova, VoleeYu Fashion House designer and owner. Several collections, in particular, 'Baroque Petrykivka', 'New Look at the Orient' and 'Elegance of France' were presented on the opening day. Photo by Daria Negara
The walnut center starts working in Cherkasy Oblast
25/10/2017
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The walnut center in the village of Verhuny, Cherkasy Oblast, started working. The plant plans to grow seedlings of French, Moldovan and Ukrainian breedings. This year 125,000 walnut seedlings were inoculated; it is planned to plant 200,000 trees per year. The amount of investments is UAH 10 million
30 Ukrainian companies present their products at the Cologne exhibition
25/10/2017
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More than 30 Ukrainian companies took part in the 3rd German-Ukrainian Food Forum under 'Anuga 2017', one of the largest international exhibitions on food and gastronomy held in Cologne. As Olha Trofimtseva, Deputy Minister of Agrarian Policy and Food of Ukraine on European Integration, says currently the export of Ukrainians products to Germany, in particular, grain crops, sunflower oil, confectionery, juices, etc
Ukraine brings its Sweets, Sugar and Chocolate to Hong Kong Exhibition
28/07/2017
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Representatives of three confectionery companies ('Mulby Foods', TM 'Millennium'), 'Biscuit-Chocolate' and 'Kriolit-Dnepr' (TM 'Klim') and the National Sugar Association of Ukraine 'Ukrtsukor' will take part in HKTDC Food Expo to be held in Hong Kong on August,17-19. Ukrainian Food national stand will present domestic confectionery products and serve as a platform to meet with potential traders and distributors of Asia as well as. In 2016 the export of sugar and sweets from Ukraine to Hong Kong grew significantly in comparison with 2015
Kherson farmer grows the world's most expensive spice
20/06/2017
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Oleh Demchenko from the village of Liubymivka, Kherson Oblast, grows neither cucumbers, nor potatoes and nor tomatoes, but saffron. In summer, the man planted bulbs and in autumn (October-November) he saw flower growing on the field (they bloom for 10-15 days only). Five hundredths hectares gave the farmer 250 grams of red stigmas. There was the Ukrainian-Swedish couple where Oleg bought the plants (the couple was the first to bring exotic bulbs to the village and start an unusual business). 1 kg of plants cost 4.5 euros
'Smart BLINDS' raised over $50,000 INVESTMENT
27/05/2017
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Startup SolarGaps ('smart blinds' that can generate solar energy to electricity) raised $50,000, the sum is sufficient to launch mass production. 18 days left to the end of the fundraising campaign at Kickstarter platform but the amount of investment has reached $51,035. Blinds by SolarGaps are equipped with solar panels and track the sun throughout the day, adjusting position to the optimal angles to generate solar electricity to power. The solar panels can generate up to 100W-150W of renewable energy per 10 sq. ft