Ukraine: external debt totals 83% of GDP

Prime Minister Volodymyr Groysman has said that Ukraine’s external debt totals 83% of the country’s GDP. At the same time, he reminded that in 2014, when Arseniy Yatsenyuk became the prime minister, the state budget amounted to UAH 108,000, as the previous regime brought huge damage to the country. “Then there was the annexation of…

Ukraine: Ukrzaliznytsia to focus solely on transportation services

Ukrainian Infrastructure Minister Volodymyr Omelyan says Ukrainian state-run railways operator JSC Ukrzaliznytsia should focus only on the comprehensive development of transportation services. “Ukrzaliznytsia will never be able to make quality locomotives on its own. It will never make high-quality rail cars. When they talk about their passenger trains, I’m sorry, it’s past century technology: railway…

Ukraine: mayonnaise production down in November 2017

In November 2017 mayonnaise production by Ukrainian large and medium-sized plants was at the previous year’s level (12.4 KMT), but 12.7% lower than in October 2017 (11 KMT). Overall, mayonnaise production in 2017 has been fluctuating around the previous year’s level. Thus, Ukraine’s fat-and-oil industry produced 111.6 KMT in January-November 2017, down by 0.5% YoY.…