Public joint-stock company Sberbank (Kyiv) from May 30 will close the account at Deutsche Bank, the bank has reported on its website. “Due to the closure of the account of Sberbank in the U.S. dollars at Deutsche Bank Trust Company Americas, starting from May 30 we ask to use the account at The Bank of…
Since 2012, the exports of Ukrainian condensed milk and cream to Israel have increased more than 5-fold, to $1.4 million, the Ukrainian Agribusiness Club reported. The Ukrainian Agribusiness Club experts also noted a 1.8-fold increase in the size of Ukrainian ice cream exports to Israel. In 2016, the share of exports to Israel in total…
The strategy of development of PJSC Ukrzaliznytsia for 2017-2021 provides for a comprehensive modernization of rolling stock and infrastructure, company chairman Wojciech Balczun has said. “In the next five years we plan to invest UAH 130-150 billion,” he said at a press conference in Kharkiv. According to him, in particular, it is planned to upgrade…
In January-April the production volumes of agricultural commodities in Ukraine decreased by 0.3% YoY, the State Statistics Service of Ukraine reported. In particular, agricultural enterprises lowered the production indices by 0.6%, while households of the population increased them by 0.1%. In 2016 the growth of agricultural production totaled more than 6%. (APK-Inform/Business World Magazine)
Railway freight traffic in Ukraine from 2011 to 2016 decreased by 27%, Deputy Director General of state enterprise Ukrpromzovnishekspertyza Serhiy Povazhniuk has said. According to him, the volume of rail freight traffic began declining in 2012 due to the stagnation of industry. The rate of decline accelerated in 2014-2015 after the annexation of Crimea and…
Ukraine’s export of rapeseed is likely to jump by 60% YoY, to 1.65 million tons in the 2017-2018 season as the harvest is expected to be about 70% larger than in the previous year Ukrainian output could rise to 2.03 million tons this year from 1.19 million tons in 2016 due to larger sowing area…
There were 36 banks in Ukraine as of April 1 that needed boosting their charter capital by July 11, to the required minimum set of UAH 200 million, or $7.55 million, according to the National Bank of Ukraine (NBU). The list of banks with charter capital worth less than UAH 200 million includes Motor-Bank, Zemelny…