Production of motor vehicles in Ukraine rose by 91.8% YoY in January-April, to 2,064 units, according to the Ukravtoprom Association. In particular, production of passenger cars grew by 107.5%, to 1,700 units, while the output of commercial vehicles shrank by 38.8%, to 153 units. At the same time, the number of buses produced over the…
Ukraine has imposed sanctions against state-owned Crimea-based agricultural companies and vineyards in line with decree No. 133 dated May 15 signed by Ukrainian President Petro Poroshenko. According to a supplement to the decree, state companies that have re-registered under Russian law are subject to sanctions, including: Sevastopol Winery, the Crimean Agricultural Institute and its research…
State-controlled PrivatBank (Kyiv) is calling a meeting of holders of eurobonds worth $175 million with maturity on February 28, 2018 and $200 million with maturity on January 23, 2018 for June 5, UK SPV Credit Finance plc (UK), the issuer of the securities, reported on the London Stock Exchange (LSE). The agenda of the meeting…
During nine months of 2016-2017 MY, Ukraine officially produced nearly 1.527 million tons of wheat flour, against 1.526 million tons in the same period last season, the Adviser to the Chairman at Agrarian Fund PJSC Sergei Sakirkin declared. According to him, Ukraine continues decreasing number of enterprises, which provide balances about grain processing volumes in…
CEO of Ukraine’s state-owned railways operator Ukrzaliznytsia Wojciech Balczun has announced his company will repair railway tracks in another country for the first time in its history. “Our railwaymen with their equipment have been invited to Poland to perform a cycle of operations at the Medyka station. To this end, Ukrzaliznytsia’s branch – the Center…
Ukraine’s State Service for Food Safety and Consumer Rights Protection in the past several days received confirmation of an African swine fever (ASF) outbreak recorded in Poltava and Cherkasy regions. According to a posting on the website of the authority, pigs died at public joint-stock company Kaplyntsivske (Poltava region) and private enterprise Shulz (Chekasy region)…
Ukrainian banks’ debts to the National Bank of Ukraine (NBU) related to refinancing loans reduced by 3.9% in April, to UAH 66.622 billion, or $2.52 billion. Refinancing-related debts owed by banks to the regulator shrank by 10.9%, or by UAH 8.157 billion ($308 million) in January through April, the NBU reported on its website. The…