Sugar production in Ukraine in the 2019-2020 marketing year (MY, September 2019 – August 2020) could be reduced by 22% compared with the previous marketing year. The fall to 1.4 million tons is expected, as reported by the press service of the National Association of Sugar Producers of Ukraine “Ukrtsukor” with reference to a head…
Ukraine’s industrial production declined by 2.9% in January compared to January 2018, the State Statistics Service of Ukraine reported. According to the seasonally adjusted index of the state statistics agency, industrial output in January 2019 shrank by 0.5% compared to December 2018. According to unadjusted indices, the drop in industrial production last month was 3.3%…
The Deposit Guarantee Fund of Ukraine has extended the term of liquidation of JSC City Commerce Bank for one year, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision dated February 21, No. 410, to extend the term of liquidation of JSC City Commerce Bank for one year,…
Analyst at the Alpari investment company Maksym Parkhomenko warns that the hryvnia, Ukraine’s national currency, may considerably weaken if populists come to power in Ukraine as a result of presidential and parliamentary elections in 2019. “If populists, who promise mountains and marvels – encouraging policy, lower gas prices, etc., – come to power, this will…
The total capacity of renewable energy facilities in Ukraine exceeded 2 GW in 2018, according to Director General of the Energy Markets Directorate of the Energy and Coal Industry Ministry, Olha Buslavets. “The installed capacity of renewable energy sources grew by half over the past year and exceeded 2 GW. According to our estimates, this…
The representatives of Ukraine and Qatar have discussed the issues of bilateral trade and economic cooperation and the opportunities for investment in Ukrainian infrastructure, agriculture, and energy sectors. “The main talking points of the meetings were the issues of bilateral trade and economic cooperation, the opportunities for investment in Ukrainian infrastructure, agriculture and energy sectors,…
“Through the Beskidy tunnel, 60% of Ukraine’s export is transported to the countries of Europe. This is the second railway tunnel in Ukraine in terms of length with capacity of over 100 pairs of trains per day. This saves time and ensures transport reliability,” Petro Poroshenko said in his speech at a meeting of the…