The National Bank of Ukraine (NBU) has estimated GDP growth in Ukraine in the second quarter of 2018 at 3.2% YoY. “According to the NBU estimates, the pace of real GDP growth remained practically unchanged in the second quarter, that is 3.2% (3.1% in Q1), and domestic demand was the main driver of the real…
Ukrainian Prime Minister Volodymyr Groysman has met with the managers of the French automaker Renault and discussed the prospects for production location in Ukraine. “I have met with the managers of the leading automaker, the French company Renault. We discussed the possibility of locating the Renault production in Ukraine. This would help create additional jobs…
In the first half of 2018, Ukrainian honey exports decreased by 43% YoY. “They totaled almost 17,000 tons worth $37 million,” Ann Burka, consultant at the Food and Agriculture Organization of the United Nations (FAO), posted on her Facebook page. According to FAO’s data for last year, Ukraine became one of the world’s three leading…
In January-June seaports of Ukraine handled 63.8 million tons of cargo, down by 3.1% YoY, says press center of Ukrainian Sea Ports Authority. The decrease should be attributed to the fall of grain exports (-10.3%) and ore exports (-26.5%). Total transshipment of export cargo fell by 8.9%, to 46.1 million tons. The highest growth in…
The Antonov State Enterprise and Aviall Services Inc., a subsidiary of the Boeing Company, have signed an agreement on cooperation in aircraft production, according to a report posted on Antonov’s page on Facebook. “On July 17 at Farnborough International Airshow 2018, Oleksandr Donets, President of Antonov Company, and Eric Strafel, CEO of Aviall Services, Inc.,…
Riga-Vilnius-Minsk-Kyiv train will be launched from the Ukrainian capital on September 28, Infrastructure Minister of Ukraine Volodymyr Omelyan said at a briefing upon the plenary session of the Intergovernmental Ukrainian-Lithuanian Commission on Trade-Economic and Scientific-Technical Cooperation, which was held in Lviv on July 17, the press service of the Infrastructure Ministry reports. “Last year’s agenda,…
The deficit of Ukraine’s foreign trade in goods in January-May amounted to $2,054.9 million, up by 44.4% YoY. This data was provided by the State Statistics Service of Ukraine. In January-May Ukraine’s total imports of goods made up $21,515.0 million, or 115.3% compared to January-May 2017. Ukraine’s total exports of goods over the reporting period…