Astarta has finished the 2020 agricultural production season by harvesting sugar beets (almost 1.5 million tons). Considering the negative weather impact on plants throughout the entire year, namely the prolonged drought in the eastern and central regions of Ukraine and spring frosts in the West, yields are predictably lower than last year. Thus, the average…
Imports of goods to Ukraine in January-November amounted to $48.4 billion, down by 10.8% YoY, or by $5.9 billion, while exports of Ukrainian goods decreased by 3.5%, or by $1.6 billion, to $44.3 billion. According to the State Customs Service, trade turnover reached $92.7 billion, with the balance being negative of $4 billion between exports…
The Ministry of Defense on December 14 for the first time in its history signed direct foreign economic contracts to purchase military goods from foreign suppliers, the ministry’s press service reported. Defense Minister Andriy Taran has signed a number of defense contracts with Turkish companies. “Minister of Defense of Ukraine Andriy Taran has signed agreements…
This week the U.S. dollar exchange rate against the hryvnia is expected to decline to UAH 27.75, according to a weekly forecast released by Alpari analytical company. Over the past week, the U.S. dollar exchange rate against the hryvnia has decreased in all segments of the foreign exchange market by an average of 40 kopecks.…
Joint-Stock Company (JSC) Ukrzaliznytsia on December 13 launched a train from Kyiv to the town of Avdiyivka, Donetsk region, the infrastructure minister Vladyslav Kryklii reported on Facebook. “At 19:19 Kyiv time the first Mayak train departed from Kyiv to Avdiyivka. Previously, this train arrived at the Pokrovsk station, now the route has been extended. The…
The macroeconomic situation in Ukraine remains stable despite the global recession in the world economy, Deputy Head of the Ukrainian President’s Office Yulia Kovaliv has stated at the first annual international conference organized by UkraineInvest. “Despite the global economic recession caused by COVID, the macroeconomic situation in Ukraine remains stable. We see the stability of…
Zhdanivka Sugar Refinery has completed the 168th sugar production season. On the night of December 9, the last tons of sugar beets of 2020 season were delivered to Zhdanivka Refinery. Until the evening of the same day, the final sugar had been produced and packed in bags. Thus, 2020 production season for Zhdanivka Sugar Refinery…