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,…
In 2018, the Deposit Guarantee Fund of Ukraine completed the liquidation of the first four banks that were transferred to the Fund’s management. “The year 2018 was the year of completion of the procedure for liquidation of the first four banks that were transferred to the management of the Fund – PJSC State Land Fund,…
Ukraine’s national budget in 2018 saw a deficit of UAH 59.248 billion, or $1.865 billion, up by 23.7% YoY (UAH 47.882 billion, or $1.507 billion). The country’s consolidated budget over the period under review saw a deficit of UAH 68 billion ($2.14 billion), up 1.6-fold, according to Ukraine’s Treasury Service. (UNIAN/Business World Magazine)
Regular flights to Italy’s city of Bergamo and charter flights to Turkey’s city of Antalya will be resumed from Chernivtsi International Airport. The relevant report was posted on the airport’s website. “We are pleased to inform our passengers that a new spring-summer air transportation program will be launched in 2019. In particular, from April 26…
Director of the Ukrainian Association of Retail Suppliers Oleksiy Doroshenko says the price of the so-called “meat basket” in Ukraine in 2018 increased by 11% YoY, to UAH 575 ($20.67). “It was UAH 518 ($18.62) in late 2017,” he wrote on Facebook. The basket consists of one kilogram of chicken fillet and carcass, pork, beef,…
Vinnytsia International Airport saw an increase in passenger flow by almost 15% YoY in 2018, according to the press service of the Center for Transport Strategies. “In 2018, the airport served 60,873 passengers, up by 14.98%,” reads the report. According to the Center for Transport Strategies, the busiest month for the airport in 2018 was…
As of January 21, mills in Ukraine processed 12.58 million tons of sugar beet. The National Association of Sugar Producers of Ukraine (Ukrsugar) informed that 1.71 million tons of sugar were produced as of the reporting date. The Ukrsugar experts adjusted the forecast of sugar production in MY2018-2019 (September 2018 – August 2019) to 1.7…