Turkish and Ukrainian aerospace and procurement officials made “notable progress” in negotiations for the co-production of the Antonov An-188 military cargo aircraft, an advanced version of Ukraine’s An-178, Turkish officials said. “This is a complex program for which both sides are keen,” said one Turkish aerospace official. “We are positively discussing several aspects of an…
In June the highest level of average monthly salaries totaling UAH 9,774 was recorded in Donetsk region, according to the Economic Development and Trade Ministry. “The average nominal wage in Ukraine in June made up UAH 9,141, up 2.5-fold from the minimum wage and by 24.2% YoY,” reads the report. Among the most highly paid…
The state-owned power generating company Centrenergo in the first half of 2018 reduced net profit by 78.3% YoY, from UAH 2.019 billion ($75.8 million) to UAH 439.3 million ($16.5 million). Net income from sales amounted to UAH 7.97 billion over the period under review, up by 32%, according to a company announcement in the National…
The Cabinet of Ministers has left unchanged the price of gas for the population until September 1. The decision was made at a government meeting on July 26, according to the government portal. “The government has extended until September 1 the effect of resolution No. 187 on the approval of the clause on the imposition…
Kernel Holding boosted sales of bulk sunflower oil to 1.301 million tons in FY 2018 (July-June), up by 20.1% YoY. Sales of bottled sunflower oil fell by 9.7%, to 118.6 million liter. The holding processed 3.136 million tons of sunseed in the reporting period, up by 6%. Kernel stepped up bulk oil sales by 37.3%…
PJSC Ukrzaliznytsia has invested into the development of the company almost UAH 3.5 billion raised this year from the indexation of tariffs for freight, Acting Head of the Board of Ukrzaliznytsia Yevhen Kravtsov stated at a meeting with representatives of shipping companies, the press service of Ukrzaliznytsia reports. “Ukrzaliznytsia, as promised, fulfills its obligations to…
The payment of pensions in July has been delayed due to a deficiency in cash receipts of a single social contribution, the Pension Fund of Ukraine posted on its website. “Following numerous requests about the delay in pension payments in July, the Pension Fund informs that changes in the payment schedule are due to a…