Ukraine: exports of brewing barley up

According to the official statistics figures, in July-April of the season 2016-2017 Ukraine exported 67.86 thousand tons of brewing barley, up 10.4-fold YoY (6.5 thousand tons).

In the current MY, Belarus (53%), Poland (30%) and Romania (16%) became the main foreign buyers of brewing barley from Ukraine. (APK-Inform/Business World Magazine)

Ukraine: central bank lowers refinancing rate

The board of the National Bank of Ukraine (NBU) has decided to lower the refinancing rate to 12.5% as of May 26, from 13% per annum.

The decision was sealed in NBU resolution No. 318-rsh dated May 25, the NBU said in a statement. (Interfax-Ukraine/Business World Magazine)

Ukraine: water transport carries 3,000 passengers in January-April 2017

In January-April water transport of Ukraine carried 3,000 passengers, down by 3.3% YoY.

According to the State Statistics Committee, total passenger turnover in Ukraine climbed by 0.3%, to 1.540.8 million passengers. (Portnews/Business World Magazine)

Ukraine: Ukrzaliznytsia bans cargo traffic and transit in wagons owned by Russian companies

PJSC Ukrzaliznytsia has introduced a ban on transportation of all types of cargo and empty wagons, including transit through the territory of Ukraine, for a number of owner companies from the Russian Federation. According to company decree Ts-2/101 dated May 18, transportation is prohibited in the wagons of Sberbank Leasing, SG Trans, NefteTransService, Freight One,…

Ukraine: retail trade up in January-April 2017

Retail trade in Ukraine rose by 5.8% YoY in January-April in comparable prices, to UAH 226.749 billion, or $8.6 billion, according to the State Statistics Service’s website. Retail turnover increased the most in Kirovohrad region (by 9.3%, to UAH 4.37 billion), Lviv region (by 9.2%, to UAH 13.1 billion), Poltava region (by 8.4%, to UAH…

Ukraine capable of over 10% of annual growth

The implementation of the Sustainable Development Doctrine will allow Ukraine to achieve the level of Western countries by 2030 and ensure an annual growth of 10%, Ukrainian parliamentarian Serhiy Taruta said while presenting the publication titled “Ukraine 2030: The Doctrine of Sustainable Development.” The parliamentarian who is the author of the idea of writing the…

Ukraine: retail trade up in January-April 2017

Retail trade in Ukraine in January-Apri posted a 5.8% increase YoY, according to the State Statistics Service of Ukraine. The highest increase in retail trade was recorded in Kirovohrad, Lviv, Poltava, Odessa, and Zhytomyr regions. In particular, Kirovohrad region saw a 9.3% increase, Lviv region boosted retail trade by 9.2%. Retail growth in Poltava region…

Ukraine: Kyiv city signs memo on building fourth subway line with Chinese consortium

Kyiv City Administration has signed a memorandum of cooperation with a Chinese consortium, consisting of China Railway International Group and China Pacific Construction Group, for the implementation of a project to build the fourth subway line in the city. According to a posting on the administration’s website, Deputy Head of Kyiv City Administration Mykola Povoroznik…

Ukraine: Urga airline placed on EU Air Safety List of non-European airlines not meeting standards

The European Commission has placed Ukraine’s Urga Airline (Kropyvnytsky) on the EU Air Safety List of non-European airlines that do not meet international safety standards and are therefore subject to an operating ban or operational restrictions within the European Union. According to a press release of the European Commission, the company is placed on the…

Ukraine: Ukrzaliznytsia’s development until 2021 foresees UAH 130-150 billion investment in modernization

The strategy of development of PJSC Ukrzaliznytsia for 2017-2021 provides for a comprehensive modernization of rolling stock and infrastructure, company chairman Wojciech Balczun has said. “In the next five years we plan to invest UAH 130-150 billion,” he said at a press conference in Kharkiv. According to him, in particular, it is planned to upgrade…

Ukraine: agricultural commodities production down in January-April 2017

In January-April the production volumes of agricultural commodities in Ukraine decreased by 0.3% YoY, the State Statistics Service of Ukraine reported.

In particular, agricultural enterprises lowered the production indices by 0.6%, while households of the population increased them by 0.1%.

In 2016 the growth of agricultural production totaled more than 6%. (APK-Inform/Business World Magazine)

Ukraine: rail freight traffic down in five years

Railway freight traffic in Ukraine from 2011 to 2016 decreased by 27%, Deputy Director General of state enterprise Ukrpromzovnishekspertyza Serhiy Povazhniuk has said. According to him, the volume of rail freight traffic began declining in 2012 due to the stagnation of industry. The rate of decline accelerated in 2014-2015 after the annexation of Crimea and…