In the first month of 2019, the overall cargo turnover in the seaports of Ukraine increased by 3.4% YoY, and totaled 11.1 million tons, declared the State Enterprise Ukrainian Sea Ports Authority (USPA). In particular, the transshipment of export cargoes totaled 8.7 million tons (+12.5%). At the same time, the shipment volumes of grain cargoes…
Ukraine will be able to stop using the imported gas in the next five years thanks to the opening of access to Ukrainian mineral resources. “We have many opportunities to become energy independent. We are starting to launch a very complex and closed system – access to Ukrainian subsoil assets. I believe that in the…
Ukraine’s state-owned defense industrial group, Spetstechnoexport, has unveiled for the first time the new model of high-precision multiple rocket launching system Vilkha at the international Defense exhibition IDEX 2019 in the UAE. According to a company statement, the new Ukrainian high precision multiple rocket launching system Vilkha with 300mm caliber missiles is considered one of…
Trade between Ukraine and the EU has increased by 60% in the past three years, President of Ukraine Petro Poroshenko said during his speech at the panel discussion “Security in Eastern Europe” within the framework of the Munich Security Conference. The president noted that Ukraine’s external trade with EU countries accounted for 43%. “Europe for…
Real GDP of Ukraine increased by 3.4% in the fourth quarter of 2018 compared to the same period in 2017, the State Statistics Service of Ukraine has reported. Real GDP in the fourth quarter of 2018 increased by 1.1% QoQ (taking into account a seasonal factor), and by 3.4% compared to the fourth quarter of…
In January seaports of Ukraine handled 11.9 million tons of cargo, up by 3.4% YoY, says press center of Ukrainian Sea Ports Authority. According to the statement, the growth was mainly driven by a 12% increase of exports (by 1 million tons), while import and transit dropped by 23.3% (by almost 500,000 tons) and by…
Finance Ministry in 2018 borrowed UAH 286.5 billion, or $10.6 billion, to finance the deficit of the national budget. In particular, foreign loans were estimated at UAH 112.3 billion ($4.2 billion), while domestic borrowings totaled UAH 174.2 billion ($6.4 billion), according to the ministry’s website. The Finance Ministry also informed about the structure of last…