PrJSC Severodonetsk Azot, a part of Dmytro Firtash’s Group DF nitrogen business, increased the production of mineral fertilizers 7.3-fold YoY in January-March, to 180,210 tons, the enterprise said in a press release. During the period, the production of ammonia nitrate amounted to 141,610 tons (up 6.3-fold), carbamide to 32,030 tons, industrial aqueous ammonia was 2,810…
Large- and medium-sized enterprises in Ukraine received UAH 422.235 billion, or $15.5 billion, in profit before tax in 2019, up by 26% YoY. Financial performance of Ukraine’s profitable enterprises grew by 10%, to UAH 596.284 billion ($21.9 billion), while that of loss-making companies shrank by 15%, to minus UAH 174.050 billion ($6.4 billion), according to…
Minister of Foreign Affairs of Ukraine Dmytro Kuleba and Minister of Foreign Affairs and International Cooperation of the United Arab Emirates His Highness Sheikh Abdullah bin Zayed Al Nahyan agreed on the implementation of joint investment projects in priority areas. A telephone conversation between the two ministers took place on April 16, the press service…
The air traffic in Ukraine fell by 37.5% in March compared to the relevant period last year, according to the Ukrainian State Air Traffic Services Enterprise (UkSATSE). “The total fall in air traffic over the month totals 37.5% compared to March 2019. However, this percentage takes into account the slight decrease in the air traffic…
JSC Ukrzaliznytsia does not plan to raise ticket prices after quarantine, Infrastructure Minister Vladyslav Kryklii has said. “There have been no plans to raise tariffs for passenger transportation and there are no such plans yet. It is clear that this issue should be raised in the future. However, when? I cannot tell you yet. Moreover,…
Ukraine in January boosted chicken meat supplies to the European Union by 18.7% YoY, to 9,700 tons. At the same time, Ukraine retained its third position among top exporters of chicken meat to the EU, following Thailand (26,400 tons) and Brazil (27,400 tons), according to an April report by the European Commission. However, Ukraine in…
The National Bank has predicted a rough crisis scenario for Ukraine in case the country fails to seal a new cooperation program with its key lender, the International Monetary Fund. Following a meeting via video link held between the regulator’s leadership and members of the American Chamber of Commerce in Ukraine, the National Bank will…