The income of the population in Ukraine grew by 9.9% YoY in 2018, to UAH 3.219 trillion ($119.24 billion). “Disposable income per person amounted to UAH 57,908.6 ($2,144),” the State Statistics Service said. As for the income structure, 47.4% was salary (45.6% in 2017), 17.6% – profit and mixed income (18%), 2.6% – income from…
According to official information of the State Statistics Service of Ukraine on the final harvest results, farmers harvested a total 70.1 million tons of grains and pulses in 2018, up by 13.1% YoY. Grain production increased in 2018 at the expense of a corn crop rise to a record 35.8 million tons (+45.1%). (UkrAgroConsult/Business World…
Development of export is a key priority for Ukraine as it generates about 50% of GDP. “Export generates about 50% of GDP, and its development is a key priority for Ukraine. For several years we have been managing to conclude three free trade agreements (with the EU, Canada, and Israel); to re-focus the exports in…
In Lviv region, Zakhidnyi Bug Agrocompany has begun sugar beet sowing. This year, more than 8,2 thousand ha of sugar beet are planned to be sown. KWS, Strube, BetaSeed, Florimond Desprez, Hilleshog, SES Vanderhave beet seeds are used for the sowing campaign. The average beet yield planned for 2019 reaches 65 ton/ha. Every second ton…
Ukrainian SkyUp Airlines will launch flights to the Croatian city of Pula on June 15. “SkyUp Airlines will fly to Croatia every Saturday starting from June 15,” SkyUp Airlines reports on Facebook. It is also noted that the price of a roundtrip ticket (Kyiv – Pula – Kyiv) without luggage starts from UAH 4,336. The…
Two programs aimed at helping farmers in construction of elevators will work in 2019. One program provides for a 30% compensation to agricultural producers from the amount spent on the construction. Around UAH 859 million are provided for these purposes. The second program provides for a 25% compensation of domestically produced elevator equipment cost. (UkrAgroConsult/Business…
The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of two banks – PJSC Profin Bank and JSB Ukoopspilka, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision dated March 25, No. 660, to extend the term of liquidation of JSB Ukoopspilka for one year,…