Ukraine: sugar production to drop

Sugar production in Ukraine in the 2019-2020 marketing year (MY, September 2019 – August 2020) could be reduced by 22% compared with the previous marketing year. The fall to 1.4 million tons is expected, as reported by the press service of the National Association of Sugar Producers of Ukraine “Ukrtsukor” with reference to a head…

Ukraine: industrial production down in January 2019

Ukraine’s industrial production declined by 2.9% in January compared to January 2018, the State Statistics Service of Ukraine reported. According to the seasonally adjusted index of the state statistics agency, industrial output in January 2019 shrank by 0.5% compared to December 2018. According to unadjusted indices, the drop in industrial production last month was 3.3%…

Ukraine: trade and economic cooperation discussed with Qatar

The representatives of Ukraine and Qatar have discussed the issues of bilateral trade and economic cooperation and the opportunities for investment in Ukrainian infrastructure, agriculture, and energy sectors. “The main talking points of the meetings were the issues of bilateral trade and economic cooperation, the opportunities for investment in Ukrainian infrastructure, agriculture and energy sectors,…

Ukraine: apple exports to UAE to grow

In the 2018-2019 season, Ukraine can export about 200 containers of apples to the United Arab Emirates, while the volume of supplies will grow on a monthly basis. Head of the Ukrainian Fruit and Vegetable Association Fedir Rybalko made a corresponding statement at the GulFood exhibition held in Dubai, the UAE, the press service of…

Ukraine: Ukroboronprom to modernize Egypt’s air defense systems

Ukraine’s state-run Ukroboronprom Concern has reached an agreement to modernize Egypt army’s air defense systems. The agreement was signed at the meeting between Director General of Ukroboronprom Pavlo Bukin and Vice President and Production Director of Egypt’s National Organization for Military Production Hassan Ahmed Abdel-Mageed during an IDEX-2019 exhibition in Abu Dhabi (UAE), according to…

Ukraine: new high-precision multiple rocket launching system showcased at IDEX 2019

Ukraine’s state-owned defense industrial group, Spetstechnoexport, has unveiled for the first time the new model of high-precision multiple rocket launching system Vilkha at the international Defense exhibition IDEX 2019 in the UAE. According to a company statement, the new Ukrainian high precision multiple rocket launching system Vilkha with 300mm caliber missiles is considered one of…

Ukraine: trade with EU up in 3 years

Trade between Ukraine and the EU has increased by 60% in the past three years, President of Ukraine Petro Poroshenko said during his speech at the panel discussion “Security in Eastern Europe” within the framework of the Munich Security Conference. The president noted that Ukraine’s external trade with EU countries accounted for 43%. “Europe for…

Ukraine: real GDP up in Q4 2018

Real GDP of Ukraine increased by 3.4% in the fourth quarter of 2018 compared to the same period in 2017, the State Statistics Service of Ukraine has reported. Real GDP in the fourth quarter of 2018 increased by 1.1% QoQ (taking into account a seasonal factor), and by 3.4% compared to the fourth quarter of…

Ukraine: capital investment up in 2018

Last year, the growth of capital investment in Ukraine was almost 20%. “Inflation slowed down to a single digit level, and the growth of capital investments was almost 20%. Last year, 957 industrial and production facilities were repaired and reconstructed, giving new products and new jobs,” Ukrainian Prime Minister Volodymyr Groysman said at the Cabinet’s…