Public joint-stock company Kyivenergo (Kyiv) saw a 38% rise in net loss in January-June YoY, climbing to 752.21 million UAH. According to a company report, its net revenue in H1 2016 grew by 20.1% YoY, to 10.87 billion UAH, and gross loss totaled 165.86 million UAH compared to 295.08 million UAH of gross profit in…
Board Chairman of Ukrzaliznytsia Wojciech Balczun has said that international operations of the company should be stepped up. He seeks to create the UZ Cargo International brand within six months, Balczun wrote on his Facebook page, commenting on the board’s action plan presented to the Infrastructure Ministry by him on July 25. “The main goal…
Public joint-stock company Ukrnafta, Ukraine’s largest oil producer, saw 10.09 million UAH of net loss in January-June compared to 3.91 billion UAH of net profit a year ago. The company said in a report that its net revenue in H1 2016 decreased by 42.8% YoY, or by 6.648 billion UAH, to 8.89 billion UAH, and…
A winner of the competition was selected to become investor for the implementation of the Agreement on the distribution of hydrocarbons extracted from the Yuzovsky field, the press service of the state-owned enterprise Nadra Ukrainy has reported, which is a stakeholder of Nadra Yuzovsky PLC, founded to implement the project of finding and mining under…
As of July 26, agrarians harvested 24.78 million tons of early grains and pulses throughout the areas of 6.71 million ha, or 69% of the plan (9.6 million ha, according to estimations). The average yield totaled 3.69 t/ha. At the same time, on the same date in 2015 agrarians harvested 23.65 million tons of grains…
CEO of the national oil and gas company Naftogaz Andrei Kobolev has pledged the country will have enough gas in the coming winter. “As of now, the country’s underground gas storage facilities hold about 10.3 billion cubic meters of gas. We plan to have about 14.5 billion cubic meter by the end of the season”,…
Turkey is ready to initiate construction of the first line of the Turkish Stream gas pipeline project, Turkish Economy Minister Nihat Zeybekci said. “We are open for construction of the first line of the Turkish Stream from standpoint of Turkey’s need for natural gas”, the Minister said. “Political decisions are in place to settle the…