The Supervisory and Management Boards of Ukraine’s state-owned Ukreximbank have assured that the detention of the bank’s head, Oleksandr Hrytsenko, by the SBU Security Service of Ukraine will not affect the financial institution’s work. “The Supervisory Board and the Management Boards of the bank continue ensuring the financial institution’s efficient operation and guarantee its customers…
Ukrmetprom President Oleksandr Kalenkov says freight railway tariffs should be reduced by 10% in Ukraine under the current crisis conditions. “Amid the crisis in all industries in global markets, we need to consider the issue of lowering Ukrzaliznytsia’s tariffs by 10%, that is to set such a precedent. This will give an additional incentive to…
In January-September Astarta sugar revenues decreased by 10% YoY, to EUR 87 million on flat sugar price and decline in sugar sales volumes by 12%, to 240 thousand tons (including 16 thousand tons of export sales) amid unfavorable development of local and global sugar prices for the two consecutive years. The Ukrainian sugar production campaign…
Agricultural farms of Ternopil region have almost completed sugar beet harvesting. Thus, the local sugar refineries are in the midst of the sugar production season, the press service of Ternopil Regional State Administration reports. The Director of the Department of Agro-Industrial Development of the Regional State Administration Volodymyr Stakhov said, that sugar refineries in Khorostkiv…
SkyUp, a Ukrainian low-cost airline, has opened a new base at the Zaporizhzhia International Airport and intends to expand its flight geography, including from Zaporizhzhia city, CEO Yevhen Khainatskyi stated at a meeting held at Zaporizhzhia City Council on November 14. “SkyUp continues to expand the announced program from regions. In particular, the airline launched…
Ukrainian plants manufactured 913 motor vehicles in October, down by 13% MoM, according to the Ukrainian Motor Vehicle Manufacturers Association (UkrAutoProm). All statistics on cars was again formed by the assembly of Skoda cars at ZAO Eurocar. The October result of Eurocar made up 802 cars. The October production of commercial vehicles (the data does…
The Ukrainian Finance Ministry attracted UAH 10.9 billion to the state budget as a result of the sale of government domestic loan bonds on November 12, the Finance Ministry’s press service reported. “As a result of the scheduled placement of government domestic loan bonds, the state budget was replenished with UAH 10,897,544,895.16,” reads the report.…
