In the opinion of specialists of the Center for Strategic Agricultural Studies, the Sumy National Agricultural University, profitability of winter rapeseed growing in Ukraine may reach 83%, while that of sunseed cultivation is expected at 79%, the Center’s director Oleksandr Maslak stated. “According to calculations for winter rapeseed growing, total farmer costs will reach UAH…
Since the beginning of a new season 2017-2018, and as of August 1, Ukraine supplied 2.444 million tons of grain crops to foreign markets, the State Fiscal Service of Ukraine reported. In particular, the exports of wheat totaled 794 thousand tons, barley – 812 thousand tons, corn – 836 thousand tons, and other grains –…
The free trade agreement between Canada and Ukraine is not only an economic treaty, but also a sign of solidarity between the two countries, Ukrainian Ambassador to Canada Andriy Shevchenko has said. “First of all, this agreement is a good treaty on customs duties, but, of course, it goes far beyond that. It sends a…
TAScombank (Kyiv) saw UAH 22.337 million of net profit in January-June, up 30.7-fold YoY (UAH 727,000). According to a bank report, its net interest income in H1 quadrupled, to UAH 617.9 million. Not taking into account expenses to form reserves net interest income totaled UAH 392.055 million (6.2-fold rise). The bank saw a 2.5-fold rise…
The Ukrainian company Nibulon plans to build at least 10 river transshipment terminals for bulk cargoes along the Dnipro River, the Southern Buh River and other navigable rivers of Ukraine, the General director of the company, Oleksiy Vadaturskyy declared. “We plan to build 10 facilities along the Dnipro River and along other rivers. This will…
Within four years, a number of Ukrainians traveling by plane should grow to 20 million per year, Infrastructure Minister of Ukraine Volodymyr Omelian said. “Our strategy envisages that within four years the number of air passengers will increase from 8 to 20 million people per year,” the minister said. According to him, now 4-5% out…
The state-controlled Oschadbank (Kyiv) in January-June saw net profit rise by 22% YoY, to UAH 306 million, according to a press release from the bank. Operating income increased by 20.3%, to UAH 4.7 billion. The assets of the bank in six months increased by 4.6%, to UAH 220.3 billion. The loan and investment portfolio rose…