Ukraine added 1.608 billion cubic meters of gas to underground storage in May, according to operational data from Ukrtransgaz. Inventories increased by 24%, to 10.043 billion cubic meters as of the end of May, up from 8.1 billion cubic meters as of March 22, when the heating season ended. The total was 9.6% more than…
Ukraine’s economic losses from the conflict in Donbas in 2016 amounted to 20.4% of GDP, according to statistics data given in the Global Peace Index, published by the Institute for Economics and Peace in Sydney, Australia. According to its data, the economic cost of violence in the country is 20.4% of GDP, or $66.749 billion…
The tender commission for selecting investors to construct incineration plants in Lviv region has recognized as winners all three companies that participated in the second round of the tender. The commission announced this decision at a meeting on May 31. Thus, Investment and Environmental Company, Glasswork Technology LLC and Waste Management Systems LLC got the…
Ukrainian Deputy Prime Minister Stepan Kubiv cut the government’s 2017 economic growth forecast to 1.8% from 3%, citing a trade blockade with separatist-held territories as one of the drivers for the revision. The new forecast is just below the central bank’s revised prediction of 1.9%. Kubiv said growth for 2018 would likely climb to 3%,…
The First Ukrainian International Bank (FUIB) holds the leading positions in the annual rating of “50 leading banks of Ukraine”, which is compiled by the online media Financial Club. According to the results of 2016, FUIB improved its positions in the general rating of banks by three points and took the 6th place. Several FUIB…
Both domestic and export prices of Ukrainian grains followed downward trends last week. Export prices for Ukrainian milling wheat closed the week down on average by $1-2/MT FOB. Its prices were pressured both by the upcoming new crop and a trade slowdown in the season’s end. Ukraine has already almost fully realized its wheat export…
In January-March the exports of goods and services from Ukraine totaled $12.4 billion, up by 28% YoY, or by $2.7 billion, the Ministry of Economic Development and Trade of Ukraine reported. In particular, in the reporting period the exports of goods increased by 34.4%, or by $2.7 billion, and totaled $10.4 billion. Agricultural products and…