Ukraine: Antonov net profit down in H1 2017

Antonov state enterprise (Kyiv) in January-June saw net profit under Ukrainian accounting standards fall by 66.59% compared to the same period in 2016, to UAH 22.79 million. According to the financial report on the website of the enterprise, its net income in the first half of the year increased by 37.7%, to UAH 2.223 billion.…

Ukraine: barley exports down in July 2017

According to preliminary information of market participants, 815 KMT of barley was exported from Ukraine in the first month of the 2017-2018 season, down by 19.4% YoY. Traditionally, the key end market for Ukrainian barley is Saudi Arabia, which purchased some 300 KMT in July. China also actively imported barley from Ukraine. 176 KMT of…

Ukraine: berry exports up in 2016

In 2016 Ukrainian exports of fresh cranberries and bilberries reached 2,900 tons (valued at $6.9 million), 3.3 times as high as in 2015, according to the Ministry of Agrarian Policy and Food of Ukraine. Poland (1,418 tons), the Netherlands (613 tons) and Belarus (541 tons) were the leading export destinations for those berries. An increase…

Ukraine: 2018 budget to be ready on time

Ukraine’s Minister of Economic Development and Trade Stepan Kubiv says the draft national budget for 2018 has already been endorsed by all ministries and is to be submitted to the Verkhovna Rada for consideration within the timeframe established by law, i.e. before September 15. “As of now, the revenue and expenditure parts of the budget…