Economist from the Investment Center of the Food and Agriculture Organization (FAO) of the United Nations Andriy Yarmak said the profitability of milk production in Ukraine in July grew by 33.6% YoY. “The Ukrainian Milk Index (UMI, conditional profitability of milk production) at commercial enterprises was already 33.6% up in July against the figure reported…
As of August 3, 16 billion cubic meters of gas have already been accumulated in Ukrainian underground gas storage facilities. “We have exceeded the amount of 16 billion cubic meters,” CEO of Naftogaz Andriy Kobolyev on Facebook. There are 73 days left until the heating season in Ukraine, he reminded. As of August 2, 15.9…
Ukraine is ready to invest in the development of the Ivano-Frankivsk airport, but not immediately, Ukrainian President Volodymyr Zelensky has said. “The runway is the property of the state. The airport’s owners would have to build it, and the state would return this money in a certain period of time. Now we don’t have $40…
Since August 1, 2016 Ukraine has saved UAH 86 billion in public procurement due to the ProZorro system, the Ministry of Economic Development and Trade reports on Twitter. “Today, one of the best public procurement systems in the world is three years old! During this time, ProZorro saved UAH 86 billion in taxpayers’ money,” the…
Ukraine exported 301 thousand tons of wheat flour in MY 2018-2019, down by 30% YoY (429.8 thousand tons). This is the lowest volume of exports in five years. Flour production also dropped in MY 2018-2019, to 1.7 million tons (by 13% from 1.9 million tons in MY 2017-2018). The key export destinations include Asia, Africa,…
Ukraine’s balance of payments showed a surplus of $744 million in January-June, up 2.4-fold YoY. The current account deficit over the period under review amounted to $221 million, according to the National Bank of Ukraine (NBU). The inflow to the financial account in H1 totaled $968 million. In June the surplus of the balance of…
The Ukrainian city of Zhytomyr will receive a grant worth EUR 2 million from the EBRD for the construction of new trolleybus lines, Zhytomyr Mayor Serhiy Sukhomlyn has stated. In June Zhytomyr authorities and the EBRD signed a loan agreement to acquire 49 new trolleybuses. The first trolleybuses will arrive in the city at the…