Ukraine’s GDP growth by 2.4% in the second quarter is not enough, Prime Minister Volodymyr Groysman said during a conference meeting in the city of Dnipro. “In the second quarter, there was a 2.4% GDP growth. That is, the economy is growing, but this is not enough for us, our task is to increase this…
Prime Minister of Ukraine Volodymyr Groysman says that the development of industry’s potential is the basis for Ukraine’s economic growth. Groysman also noted ArcelorMittal Company as an example of large-scale infrastructure development. “At Yuzhny seaport, ArcelorMittal opened a new transshipment complex for blue re-bar. Due to record short construction terms and attracted $4.5 million in…
The deficit of Ukraine’s foreign trade in goods in January-June increased almost 2.6-fold YoY, to $1.882 billion (in the first half of 2016 some $727.5 million), the State Statistics Service said. According to its data, in June the deficit was $551.6 million, while in May $442.2 million, in April $151.4 million. In January-June exports of…
IMC agricultural holding has harvested 78,100 tons of winter wheat from 13,700 hectares. According to a holding press release, the yield of this crop was 5.7 ton per ha (in bunker weight), up by 19% YoY, and is the record for all 11 seasons of growing winter wheat by IMC. “Despite difficult weather conditions, both…
Assets of solvent banks in Ukraine, excluding the insolvent financial institutions, in January-June fell by UAH 18.375 billion ($715 million), or by 1.5% YoY, as of July 1, 2017, to UAH 1.238 trillion, or $48.2 billion, according to the National Bank of Ukraine. The assets decreased by UAH 11.655 billion ($453.5 million), or by 0.9%…
Antonov State Enterprise (Kyiv) has set a goal of passing the certification at the Federal Aviation Administration of the United States (FAA) by late 2020 and ensuring the switch of production facilities to NATO standards, the press service of the enterprise reported. According to the report, the goals are outlined in the production development plans…
Dnipro Electric Transport municipal enterprise (Dnipro) announced two tenders to buy 25 new 12-meter low-deck trolleybuses made in 2017 for UAH 141.3 million (VAT included). According to the ProZorro e-procurement system, at one tender the enterprise wants to buy 13 battery-driven trolleybuses for UAH 74.1 million. Bids can be submitted until September 11. The auction…