New passenger car sales in Ukraine in January-April grew by 29.6% YoY, to 23,063 cars, AUTO-Consulting has reported. In January-March the market grew by 35%. A total of 6,600 new cars were sold in April, and this was 17.3% more than a year ago and 5.6% less than in March. Toyota was the leader with…
A strategy for state-owned banks being designed will focus on settling the problem of competition between the financial institutions, first of all PrivatBank and Oschadbank (both based in Kyiv), Ukrainian Finance Minister Oleksandr Danyliuk has said. “Oschadbank is competing with PrivatBank. I cannot criticize managers of the two banks for competition: they are commercial structures,…
In May Ukraine is expected to export 583 million kilowatt-hour of electricity to Moldova and Eastern European countries, according to the forecast balance of Ukraine’s integrated energy system for May. All types of electricity-generating facilities in Ukraine’s integrated energy system will produce 11.608 billion kilowatt-hour of electricity. Meanwhile, Energoatom National Nuclear Energy Generating Company of…
Crosco Integrated Drilling & Well Services Ltd. (Croatia) has won 2 out of 15 lots of a tender of the public joint-stock company Ukrgazvydobuvannia to carry out drilling works in Kharkiv and Poltava regions in 2017-2019. According to a report in the ProZorro e-procurement system, Ukrgazvydobuvannia seeks to sign a contract for UAH 792.581 million…
PrivatBank states it will increase its payment terminal network by 20% with Verifone services, about 20,000 Verifone VX 520 terminals are expected to be deployed by September, the bank’s press service reports. “PrivatBank aims at increasing its network for payment and contactless cards acceptance by 20% in 2017. Verifone has been selected as the payment…
State-controlled Oschadbank (Kyiv) in 2016 received UAH 464.085 million of net profit against UAH 12.273 billion of net loss for 2015. According to the financial report of the bank, its net interest income in 2016 was UAH 2.677 billion, while in 2015 this figure was “minus” UAH 9.844 billion. In addition, the bank received UAH…
Ukraine in January-April increased transit of natural gas through its gas transportation system by 22.5% (5.602 billion cubic meters) compared to January-April 2016, to 30.53 billion cubic meters, according to live data from PJSC Ukrtransgaz. Gas transit through Ukraine to Europe in the past four months amounted to 29.388 billion cubic meters and to Moldova…