On September 9, beet-receiving station of Yaresky Sugar Refinery, a part of “Astarta-Kyiv” structure, began receiving raw materials. The first sugar beets came from the fields of Dovzhenko Agricultural Company. “The 2020 sugar beet-processing season has almost started, our sugar factory is launching in a few days”, the company noted. “Astarta” combines 5 regional subdivisions:…
Consumer inflation in Ukraine in August decreased by 0.2% MoM, according to the State Statistics Service. Consumer prices in August decreased by 0.2% compared to July, but increased by 1.2% compared to December 2019 and by 2.5% compared to August 2019. In general, in January-August, prices on the consumer market rose by 2.4% YoY. Core…
Infrastructure Minister Vladyslav Kryklii says the construction of a new airport in Zakarpattia region provides for up to UAH 4 billion ($144.1 million) in investment, while the runway will be built at the expense of the state and the terminal – for private investor’s money. “The Cabinet of Ministers made a decision to allocate UAH…
UAH 163.78 billion as capital investment was attracted to Ukraine’s economy in the first half of 2020, down by 30% YoY, State Statistics Service reported. In particular, UAH 63.26 billion was attracted to industry (-37.2%); UAH 20.68 billion to construction (-22.9%); UAH 14.54 billion to agriculture, forestry and fisheries (-44.5%); UAH 13.31 billion to wholesale…
JSC Oschadbank will join the Deposit Guarantee Fund from January 1, 2021 after introducing appropriate changes to the Ukrainian legislation, according to the Finance Ministry. The plan on Oschadbank’s joining the Deposit Guarantee Fund was approved at a regular meeting of the Financial Stability Council on September 2. According to the ministry, due to a…
Ukraine intends to resume and expand agricultural exports, attract Chinese investment in agricultural, industrial and technology parks in Ukraine, infrastructure and energy projects, Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna has said during a meeting with with Ambassador Extraordinary and Plenipotentiary of China to Ukraine Fan Xianrong. “90% of corn imported by…
On September 5, “Radekhivskyi Sugar” LLC was the first in Ukraine to begin the 2020 sugar beet processing season at Radekhiv subdivision. All preparatory and repair processes have been completed. The first sugar beet was delivered to the territory of the beet receiving station. (Ukrsugar/Business World Magazine)