Ukraine: over 10,000 new cars bought in April 2021

In April, slightly more than 10,000 new passenger cars were registered in Ukraine, up almost 3-fold YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom). According to the association, compared to March, demand for new cars grew by 11%. In April, Toyota cars had the largest demand, with 1,618 cars registered, almost four times…

Ukraine: FUIB net profit up in Q1 2021

The First Ukrainian International Bank (FUIB) received UAH 1 billion in net profit in the first quarter of 2021, up by 23% YoY. The bank’s operating income in Q1 amounted to UAH 2,412.6 million against UAH 2,041.2 million in 2020. FUIB’s net interest income rose by 21%, to UAH 2,029.1 million. FUIB’s net commission income…

Ukraine: public debt down in March 2021

The total public and publicly guaranteed debt of Ukraine decreased by UAH 38.68 billion in the hryvnia equivalent over March, to UAH 2.514 trillion, the press service of the Finance Ministry reported. As of the end of March, the total public and publicly guaranteed debt of Ukraine amounted to UAH 2,514.28 billion in the national…

Ukraine: Artemsil net profit up in Q1 2021

Ukraine’s state-owned salt-producing enterprise Artemsil received UAH 10 million in net profit in January-March, up 5-fold YoY, the company’s press service reported. The net income of Artemsil amounted to UAH 437.5 million, up almost 1.5-fold. The net financial result amounted to UAH 10.1 million, up by UAH 8 million. In 2021, the company is planning…

Ukraine: trade with China up in 2020

Trade between Ukraine and China in 2020 increased by 20.5%, to $15.4 billion. That’s including the exports that doubled to $7.1 billion, according to the Deputy Minister of Economy, Ukraine’s Trade Representative Taras Kachka who spoke with China Ambassador Fan Xianrong. “China is Ukraine’s key trade partner in the Asian region. Over 2020, trade turnover…

Ukraine: NBU determines list of critical infrastructure facilities in banking system

The National Bank of Ukraine (NBU) has determined a list of critical infrastructure facilities in Ukraine’s banking system, the NBU’s press service has reported. Such powers are provided to the NBU by the law of Ukraine “On Basic Principles of Ensuring Ukraine’s Cybersecurity”. The critical infrastructure facilities in Ukraine’s banking system include banks, the sustainable…

Ukraine: unemployment to decrease in 2021

The National Bank of Ukraine (NBU) projects that the unemployment rate in Ukraine in 2021 will fall to 9.1% on average and to 8.5% in 2022, according to a quarterly inflation report of the National Bank of Ukraine (NBU) for April. “According to the National Bank, the unemployment rate will decrease and total 9.1% on…