Ukraine: air traffic up in January 2017

In January the volume of air operations carried out by Ukrainian airline companies increased by 57.5% in contrast to the same period last year and came to 676.5 thousand passengers. In particular, the volume of international air operations increased by 60.6%, totaling 608.2 thousand passengers, the press service of the Ukrainian State Aviation Administration reports…

Ukraine: NBU divides banks into three groups

The National Bank of Ukraine (NBU) in 2017 divided banks into three groups – state-run banks, banks of foreign bank groups and banks with private capital, the NBU has reported on its website. According to NBU Board decision No. 76-sh dated February 10, the state-run banks group includes banks where the state directly or indirectly…

Ukraine: Polish company to build waste recycling plant in Zakarpattia region

The Polish company Limba has offered design solutions for solid municipal waste recycling plant construction using advanced technologies in Zakarpattia region. This is reported by the press service of Zakarpattia Regional State Administration referring to a relevant cooperation agreement signed by the Polish company’s representatives and the state administration. The technologies offered by the Polish…

Ukraine: coal stocks down in January 2017

Coal stocks in the warehouses of thermal power plants (TPP) of Ukraine in January decreased by 5.5% and as of February 1, stood at 1.948 million tons, the Ministry of Energy and Coal Industry has reported. In particular, gas coal and long-flame coal stocks amounted to 905,900 tons, while anthracite coal stocks amounted to 1.042…

Ukraine: gas stocks down in mid-February 2017

Gas stocks in Ukraine’s underground storage facilities declined by 38.6%, to 9.044 billion cubic meters since October 13, 2016 when the current heating season began, through February 11. Ukraine withdrew 87.94 million cubic meters from underground storage on February 11, and a total of 840.54 million cubic meters on February 1 through February 11 (74,41…

Ukraine: rapeseed exports exceed crushing

Large and medium-sized crushers of Ukraine produced 2.5 KMT of rapeseed oil in December 2016 against 2 KMT in November 2016 and 7.2 KMT in December 2015. Rapeseed oil production at Ukraine’s large and medium-sized plants has amounted to 61.6 KMT since the beginning of the season 2016/2017, or down by 52% YoY. Analysts note…

Ukraine: food exports to UAE down in 2016

Exports of Ukrainian food to the United Arab Emirates (UAE) fell by 19% in 2016, to $106 million, the Ukrainian Food Export Board (UFEB) has reported. “In 2013-2015 revenue from food supplies to UAE fell from $165 million to $134 million, and in January-November 2016 we had $106 million. The trend is disappointing,” UFEB Director…

Ukraine: half of bank credits non-performing

The share of bad and non-performing loans (NPL) today is around 50% of the total loan portfolio of Ukrainian banks, Director of the financial stability department of the National Bank of Ukraine (NBU) Vitaliy Vavryschuk said. “We have revealed during stress tests that the share of these loans is around 50%,” he said. Vavryschuk said…

Ukraine: two seaports renamed

The Cabinet of Ministers of Ukraine decided to rename two geographical objects – SE Sea Commercial Port of Illichivsk and Specialized Sea Port Oktyabrsk. The decree #46 dd. January 25, is published on the government web-portal. According to the document, the officials named the seaport of Illichivsk Chernomorsk Commearicla Sea Port, and the specialized sea…

Ukraine: electricity consumption up in January 2017

Electricity consumption in Ukraine in January, taking into account losses in electricity transmission, grew by 1.8% YoY, or by 263.4 million kilowatt-hours (kWh), to 14.913 billion kWh, the Energy and Coal Industry Ministry has reported. Electricity consumption, not including losses, over the period rose by 6.7% or 738.2 million kWh, to 11.793 billion kWh. Industry…