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…
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…