The average wage in Ukraine in February amounted to almost UAH 8,400, the Pension Fund of Ukraine reported. “The average wage rate for February was approved, from which insurance contributions were paid and which, in accordance with the Law of Ukraine “On Compulsory State Pension Insurance”, is taken into consideration for pension accounting,” the report…
In January-March, the National Bank of Ukraine recovered UAH 1.15 billion of refinancing loans issued to insolvent banks, the central bank’s press service reported. “In the first quarter of 2019, the National Bank of Ukraine received UAH 151.5 million for repayment of insolvent bank refinancing loans. This amount consists of proceeds from the sale of…
The US experts have compiled a rating of major world chicken meat exporters where Ukraine holds the 6th position. “In the TOP 10 world suppliers of chicken, Ukraine is ranked 6th followed by Belarus, Russia and Canada. American experts say that in 2019 Ukraine will increase chicken export by 10.4% YoY,” the message says. According…
“Astarta” production units have successfully completed the sugar beet sowing season. Sugar beet was sown on the area of 36 thousand hectares. The length of the campaign was 20 days and the company managed to complete it prior to the rainy weather that was favorable for the further development of the crops. Now the company…
The return of PrivatBank to its former owners due to the court ruling that declares nationalization of PrivatBank illegal is impossible, NBU First Deputy Governor Kateryna Rozhkova said at a press briefing regarding appeal against the court decision to nationalize PrivatBank, the NBU’s press service reported. “PrivatBank’s nationalization was an important step towards ensuring financial…
Ukraine’s Finance Minister Oksana Markarova has said political uncertainty in Ukraine in connection with presidential and parliamentary elections directly affects the country’s fiscal risks. “The fact that we have a real democracy in our country is very good. The fact that we are unaware of who will be our president when the election campaign begins…
Large and medium-sized enterprises of Ukraine received UAH 353 billion of profit in 2018, according to the Economic Development and Trade Ministry. “Large and medium-sized enterprises in Ukraine improved their financial results in 2018 compared to 2017. Well done, as profitability grew by 4.1%, they earned UAH 580 billion, while losses decreased by 16.4%, to…