Ukrainian First Deputy Prime Minister and Minister of Economic Development and Trade Stepan Kubiv said that the country’s gross domestic product grew by 3.4% YoY in 2018. “Statistics, which will be announced in February, will show stabilization, and growth of the Ukrainian economy by 3.4%,” he said at a meeting of the Ukrainian parliament’s faction…
Russian state-controlled Sberbank’s Ukrainian subsidiary was in the red in 2018 and posted UAH 7.614 billion, or $272 million, in loss. The bank’s charter capital as of January 1, was UAH 20.765 billion, or $742 million, the bank said in a report on its website. (UNIAN/Business World Magazine)
PJSC Ukrzaliznytsia (Ukrainian Railways) has already received all 30 General Electric locomotives. The last five arrived in Ukraine on February 1. “Ukrzaliznytsia received all 30 contracted GE locomotives. The last five arrived in the port of Chornomorsk on February 1. The further route is already worked out. At first, they will be delivered to the…
Natural gas stocks in Ukraine’s underground storage facilities (USFs) have shrunk by 35.7%, or by 6.14 billion cubic meters, to 11.053 billion cubic meters since November 7, 2018 when Ukraine started pumping out gas from its reserves amid the heating season. As of February 2, gas reserves in the country’s USFs were 10.6% down from…
In 2018 Ukraine exported 328.97 thousand tons of poultry meat, up by 21.24% YoY. According to the State Fiscal Service of Ukraine (SFSU), in monetary terms poultry meat exports totaled $506.61 million. The key importers of Ukrainian poultry meat in the reporting period were the Netherlands – $112.46 million; Slovakia – $59.95 million; and Saudi…
The State Road Service of Ukraine (Ukravtodor) intends to create an office of intelligent transport systems and build a weigh-in-motion system for trucks, Head of Ukravtodor Slawomir Nowak stated. “We are implementing new technologies of safety and safe operation of roads. An important task for this year is to create an office of ITS (intelligent…
Head of the Antimonopoly Committee of Ukraine (AMCU) Yuriy Terentyev says the committee does not consider Ukraine’s largest private energy holding DTEK – controlled by businessman Rinat Akhmetov – to be a monopolist on the electricity market. “The mere fact of having a significant market share is not enough. The electricity market is now regulated,…