In April, slightly more than 10,000 new passenger cars were registered in Ukraine, up almost 3-fold YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom). According to the association, compared to March, demand for new cars grew by 11%. In April, Toyota cars had the largest demand, with 1,618 cars registered, almost four times…
The First Ukrainian International Bank (FUIB) received UAH 1 billion in net profit in the first quarter of 2021, up by 23% YoY. The bank’s operating income in Q1 amounted to UAH 2,412.6 million against UAH 2,041.2 million in 2020. FUIB’s net interest income rose by 21%, to UAH 2,029.1 million. FUIB’s net commission income…
Banks received UAH 10.9 billion in net profit in January-March, down by 32% YoY, when the banking sector earned more than UAH 16 billion, the press service of the National Bank of Ukraine (NBU) reported. “The main factor holding back the growth of the sector’s profitability in the first quarter was changes in the fair…
The total public and publicly guaranteed debt of Ukraine decreased by UAH 38.68 billion in the hryvnia equivalent over March, to UAH 2.514 trillion, the press service of the Finance Ministry reported. As of the end of March, the total public and publicly guaranteed debt of Ukraine amounted to UAH 2,514.28 billion in the national…
Ukraine’s state-owned salt-producing enterprise Artemsil received UAH 10 million in net profit in January-March, up 5-fold YoY, the company’s press service reported. The net income of Artemsil amounted to UAH 437.5 million, up almost 1.5-fold. The net financial result amounted to UAH 10.1 million, up by UAH 8 million. In 2021, the company is planning…
Trade between Ukraine and China in 2020 increased by 20.5%, to $15.4 billion. That’s including the exports that doubled to $7.1 billion, according to the Deputy Minister of Economy, Ukraine’s Trade Representative Taras Kachka who spoke with China Ambassador Fan Xianrong. “China is Ukraine’s key trade partner in the Asian region. Over 2020, trade turnover…
The Cabinet of Ministers has decided to keep the price of electricity for household consumers at the level of UAH 1.68 per kWh, Prime Minister Denys Shmyhal said at a government meeting on April 28. “The price of electricity for the population remains at UAH 1.68 per kWh. The government extends the regime of the…