Banks expect an increase in demand for loans from households and businesses in January-March, according to a report titled “Survey on the Conditions of Bank Lending”, the press service of the National Bank of Ukraine (NBU) has reported. “Banks note an increase in demand for loans to households and businesses and forecast that this trend…
According to preliminary estimates, in 2019, the profit of JSC Ukrzaliznytsia (Ukrainian Railways) amounted to UAH 2.5-3 billion, Ukrzaliznytsia Board Chairman Yevhen Kravtsov declared. “According to preliminary estimates, over the past year, JSC Ukrzaliznytsia generated UAH 2.5-3 billion in profit. Only NJSC Naftogaz Ukrainy earns more than us,” Kravtsov said. He noted that the company…
In 2019, Ukraine produced 1.586 million tons of wheat and wheat-rye flour, down by 3.1% YoY, declared the State Statistics Service. At the same time, in December 2019 Ukraine produced 131 thousand tons of the product, down by 9.2%. (APK-Inform/Business World Magazine)
The Cabinet of Ministers wants to transfer Ukrzaliznytsia for ten years to the management of Germany’s largest railway operator, Deutsche Bahn AG, Ukrainian Prime Minister Oleksiy Honcharuk said during the Ukrainian Breakfast in Davos organized by the Victor Pinchuk Foundation. “We had a very good, very cool meeting with our friends from the International Monetary…
The non-self-propelled open type vessel built at Nibulon’s shipbuilding and repair yard is involved in transportation of piles for construction, Nibulon says in a press release. During three days from January 13, Nibulon loaded at its Mykolaiv transshipment terminal berth its new vessel with piles produced by Mykolaiv concrete product plant. The non-self-propelled vessel transported…
JSC Ukrzaliznytsia (Ukrainian Railways) and German rail operator Deutsche Bahn will sign a memorandum of cooperation at the World Economic Forum in Davos. “A large-scale cooperation project between Ukrzaliznytsia and Deutsche Bahn, German’s largest rail operator, is being prepared. It does not imply privatization or concession. It means involving German experts, experience, management and technology…
Ukrainian Minister of Energy and Environmental Protection Oleksiy Orzhel says the ministry plans to increase the share of energy generated from alternative sources up to 70% over the next 30 years. “We say that the share of renewable energy should be about 70% by 2050. We have estimates, various charts, and scenarios for the implementation…