Business news from Ukraine

UPEC TO BEGIN FIRST DELIVERIES OF PRODUCTS TO ALBANIA IN H2, 2017

12 May , 2017  

KYIV. May 12 (Interfax-Ukraine) – UPEC Industrial Group, specializing in machine building business, plans to begin the first deliveries of products to Albania in the second half of this year.
According to a press release issued by UPEC, bilateral contracts are currently being prepared with representatives of the country’s business, partner relations with whom were established during the participation of the Ukrainian company in the business forum held in Albania in late April.
The report notes the Albanian market is a new trading platform for UPEC, therefore the business forum became a good opportunity to study the market specifics, the logistics system and establish direct business contacts with foreign entrepreneurs.
“Based on the results of B2B negotiations, our company established partnership relations with three dealer companies,” UPEC director for exports Eduard Chudopalov said.
According to him, Alaska Industriale distributor showed interest in HARP bearing products (produced by Kharkiv Bearing Plant), as well as electric motors, generators, HELZ electric pumps (Kharkov Electrotechnical Plant).