Ukraine: Ryanair in talks with five airports

Irish low-cost airline Ryanair is holding talks with five Ukrainian cities about opening new flights, Ryanair CEO Michael O’Leary said. “We are currently negotiating with five other Ukrainian cities. Maybe we will open our flights there next summer. I think that we will develop in Ukraine very aggressively and quickly increase the pace of our…

Ukraine: sugar exports down in April 2018

In April Ukrainian producers delivered 41,800 tons of sugar to foreign markets, down by 12% MoM (47,200 tons in March), the press service of the Ukrtsukor National Association of Sugar Producers of Ukraine reported. “Although the pace of shipments slightly decreased, the geography of exports has not changed. Most shipments were made to Uzbekistan –…

Ukraine: energy sector to be demonopolized

The energy sector of Ukraine should be transparent, demonopolized and competitive. “We could have become a completely energy-independent country in previous ten years, but this did not happen. Now we have set a course for energy independence, energy saving and production of our own Ukrainian gas, which will be enough for us to meet the…

Ukraine: Deposit Guarantee Fund continues payments to depositors of Bank National Investments

The Deposit Guarantee Fund has resumed payments to the depositors of PJSC Bank National Investments, the fund’s press service reports. “From May 2 the Deposit Guarantee Fund is carrying out payments to the depositors of PJSC Bank National Investments under bank deposit agreements, regardless of their date of termination, and under bank account agreements (including…

Ukraine: upgraded combat module Duplet successfully tested

Ukraine’s state-owned enterprise Zhytomyr Armored Plant has upgraded the combat module “Duplet”, which is intended for the modernization of armored vehicles, and it has passed successful tests, Ukrainian President Petro Poroshenko has reported on his Facebook page. He also noted that Zhytomyr Armored Plant had significantly increased the characteristics of the combat module and equipped…

Ukraine: electricity production up in Q1 2018

Electricity production in Ukraine’s power grid increased by 3.8% YoY in January-March, to 44.543 billion kWh. Nuclear power plants (NPPs) reduced electricity generation over this period by 7.6%, to 21.983 billion kWh. Thermal power plants (TPPs), as well as combined heat and power plants (CHPPs) and cogeneration plants (CPs), increased production by 16.1%, to 17.614…

Ukraine: Ukrzaliznytsia investments up in Q1 2018

Ukraine’s railways operator, the state-run JSC Ukrzaliznytsia, tripled investment in the first quarter of 2018, to UAH 3.869 billion ($147.5 million). “Capital investment of Ukrzaliznytsia was estimated at UAH 3.869 billion in the first quarter of 2018. The major part of funds, that is UAH 2.43 billion, accounting for almost 63%, was spent on the…

Ukraine: public debt up in Q1 2018

The volume of public and government-guaranteed debt of Ukraine in the first quarter of 2018 increased by $1.06 billion in dollar terms, or by 1.4%, to $77.37 billion as of March 31. In hryvnia equivalent, public debt over the said period decreased by UAH 88.09 billion, or by 4.1%, to UAH 2.054 trillion, according to…