Ukraine: 1.38 million tons of sugar produced

Production of sugar in Ukraine as of November 15 amounted to 1.38 million tons. According to the Ukrtsukor National Association of Sugar Producers, on the specified date 41 sugar factories were functioning in the country, which by now had processed 9.79 million tons of sugar beets. As reported, the new season of sugar production in…

Ukraine: GDP up in Q3 2017

Ukraine’s real gross domestic product (GDP) rose by 2.1% in July-September compared with the same period in 2016. The figures are indicated in the updated report of the State Statistics Service of Ukraine. As stated, Ukraine’s economy maintains its positive growth trend. The real GDP in Q3 increased by 0.2% QoQ (taking into account seasonal…

Ukraine: Kyivenergo shareholders decide to divide company in types of activities

Shareholders of the public joint-stock company Kyivenergo have decided to reorganize business via dividing the company into types of activities, the company’s press service has reported. After the reorganization of Kyivenergo two new companies will be created: one will distribute electricity and operate power lines, and the other will supply electricity. This division is required…

Ukraine: 60,000 tons of sugar exported

Sugar exports from Ukraine since early 2017-2018 agricultural year (September-August) totaled 59,300 tons, the Ukrtsukor national association of sugar producers has reported. The association said in a press release that in October Ukrainian companies exported 42,300 tons of sugar, up 2.5-fold MoM. “In October, exporters shipped 2.5 times more sugar than in the previous month…

Ukraine: Kyiv International Airport most popular international directions in October 2017

Kyiv International Airport (Zhuliany) has informed that the most popular international directions in October were Minsk, Dubai, Budapest, Ankara, and Warsaw. “The most popular international directions in October were Minsk (Belarus), Dubai (UAE), Budapest (Hungary), Ankara (Turkey), Warsaw (Poland). Among domestic flights, Odessa, Zaporizhzhia and Lviv are in the lead,” according to a press release…

Ukraine: electricity exports up in January-October 2017

Ukraine in January-October exported electricity valued at $209.293 million, in particular in October at $19.685 million. According to the State Fiscal Service, in January-October electricity was supplied to Hungary for the amount of $118.529 million, Moldova for $48.655 million, Poland for $31.485 million and other countries for $10.624 million. Thus, in monetary terms exports of…

Ukraine: NBU declares Bank Boguslav insolvent

The National Bank of Ukraine (NBU) has declared PJSC Bank Boguslav (Kyiv) insolvent, according to the central bank’s website. The NBU Board made corresponding decision No. 708-RSh/BT on November 6. “As of November 1, Bank Boguslav had not ensured the implementation of measures foreseen in the previously approved restructuring plan with respect to raising charter…