Ukraine: FDI up in January-September 2018

The volume of foreign direct investment in the Ukrainian economy (non-residents’ equity capital) in January-September increased by $367.2 billion, or by 1.2% YoY, to $31.974 billion as of October 1. Over the period under review $1.71 billion in new investment was received, while $491.5 million was dropped. The negative revaluation stood at $851.7 million, according…

Ukraine: Deposit Guarantee Fund introduces temporary administration in VTB Bank

The Individuals’ Deposit Guaranteeing Fund has started the procedure of withdrawing PJSC VTB Bank from the market by introducing temporary administration for one month from November 28 to December 27. According to the fund’s website, Yulia Zabolotna has been appointed temporary administrator of the credit institution. The beginning and procedure of paying guaranteed amount to…

Ukraine: state debt down in October 2018

In October the overall state and government-guaranteed debt of Ukraine decreased by almost 0.5% MoM, the Finance Ministry’s press service reports. As of October 31 the overall state and government-guaranteed debt of Ukraine totaled $74.32 billion, down by $0.35 billion. According to the ministry, the state and government-guaranteed debt in hryvnia equivalent over the reporting…

Ukraine: MHP buys Slovenian poultry firm Perutnina Ptuj

Ukraine’s major chicken meat producer PJSC Myronivsky Hliboproduct (MHP) has signed an agreement to buy 90.68% of the issued share capital of a Slovenian poultry producer, Perutnina Ptuj (PP). “MHP SE, a leading international agro-industrial group, following the announcement of its intention to acquire Perutnina Ptuj D.D. on September 26, announces that MHP has signed…

Ukraine: another five U.S.-built locomotives arrive

Ukraine’s state-run railways operator, JSC Ukrzaliznytsia, says five more locomotives built by U.S. GE Transportation’s Pennsylvania-based plant have arrived at Ukraine’s port of Chornomorsk. As was the case with 15 previously delivered U.S. locomotives, the five would be sent to Ukraine’s Kremenchuk-based PJSC Kryukivsky Railway Car Building Works for final assembly. “Under the contract, the…

Ukraine: Kyiv International Airport passenger flow up in January-October 2018

Igor Sikorsky Kyiv International Airport (Zhuliany) serviced 2.424 million passengers in January-October, up by 56.3% YoY, the airport’s press service reports. The number of passengers serviced on international flights totaled 2,351.2 thousand, and on domestic flights – 73 thousand. The number of flights in January-October included 25,904 both arrivals and departures, up by 32.9% (of…

Ukraine: inflation up in October 2018

Consumer inflation in Ukraine in October accelerated to 9.5% in annual terms, according to the press service of the National Bank of Ukraine (NBU). “In October consumer inflation accelerated to 9.5% YoY (8.9% YoY in September). In the monthly measurement, prices rose by 1.7%,” reads the report. As expected, the fundamental inflationary pressure remained significant,…

Ukraine: apple exports down in October 2018

Ukraine in October cut exports of organic apples for processing by 42% YoY, to 2,200 tons due to overproduction and critically low prices of this type of fruit, the Ukrainian Fruit and Vegetable Association’s press service reported. “In October only 2,200 tons of apples were exported from Ukraine, down by 42%. Thus, exports of apples…

Ukraine: Serbia allows imports of eggs

Ukraine’s State Food Safety and Consumer Protection Service and the relevant authority of the Republic of Serbia have agreed on issuing a veterinary certificate for the imports of eggs and egg products from Ukraine. “Ukraine’s State Food Safety and Consumer Protection Service and the competent authority of the Republic of Serbia have agreed veterinary certificates…