Ukraine: TogliattiAzot ammonia transit to restart in 2017

Ukraine’s state ammonia transportation firm Ukrkhimstransammiak and Russian chemicals producer TogliattiAzot may sign an agreement to resume transit of TogliattiAzot’s ammonia via Ukraine after the New Year holidays, First Deputy Prime Minister Stepan Kubiv said. “Regarding Transammiak – the limit was reached this year, so, correspondingly, an agreement on restoration of this work should be…

Ukraine: seaports grain exports up in mid-late December 2016

On December 17-23, Ukraine exported 761.5 thousand tons of grains from the seaports against 670.1 thousand tons on the previous week.

In particular, wheat shipments reached 322.2 thousand tons, corn – 349.3 thousand tons, and barley – 90 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: GDP growth in 2016 at 1.5%

Ukraine’s GDP growth in 2016 totals around 1.5%, Ukrainian Prime Minister Volodymyr Groysman has said. “This year we will have growth of around 1.5%, while last year we had 10% of decline and 43% of inflation”, he said at a meeting with students of Kyiv Polytechnic Institute. The premier said that he hoped that GDP…

Ukraine: 2017 state budget passed

Overnight into December 21, the Verkhovna Rada (Parliament) passed the state budget for 2017. Fiscal revenues for 2017 are envisaged at 721.4 billion UAH and expenditures at 790.4 billion UAH. The budget deficit was set at 77.5 billion UAH. The following macroeconomic indicators are proposed for 2017: GDP growth at 3-4%; inflation at 8.1%; forecast…

Ukraine: soybeans exports in November 2016

In November Ukrainian soybean exports revived and their monthly total hit a record high. 537.6 KMT of soybeans were exported in November, or almost three times as much as in October (192.1 KMT) and up by more than 20% YoY (445.2 KMT). Export statistics for MY 2016/2017 (September-November) also beats records: shipments to foreign markets…

Ukraine: court declares Odessa CHPP bankrupt

The commercial court in Odessa region has declared public joint-stock company Odessa combined heat and power plant (CHPP) bankrupt and launched a liquidation procedure for the period of 12 months. The company reported in the information disclosure system of the National Commission for Securities and the Stock Market on Tuesday that the court made the…