In June PrJSC ZAZ (Zaporizhia Automobile Building Plant) manufactured only one bus against three in May. The company has not produced a single car since the beginning of the year. This is evidenced by statistical data posted on the website of the Ukrainian Motor Vehicle Manufacturers Association Ukrautoprom. At present cars in Ukraine are manufactured…
The level of profitability of sugar beet in Ukraine’s agricultural enterprises in 2017 halved compared to the indicators of 2016 and amounted to 12.4%, Director of the National Research Center “Institute of Agrarian Economics” Yuriy Lupenko reported. “Last year the level of profitability of sugar beet production was the lowest one in the past four…
New construction standards, which were developed in close cooperation with experts and will come into force this autumn, will allow renewing the street networks in Ukrainian cities and making urban infrastructure comfortable. “Everyone has noticed that we live in the 21st century, real estate costs a fortune, but they build everything that looks like old.…
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…