In 2016-2017 MY the export volumes of Ukrainian flour to African countries and the Middle East significantly increased. It is worth noting the increase in purchases by such countries as Somalia, which imported more than 30 thousand tons in July-May 2016-2017 MY, against 1.8 thousand tons in the whole previous season; Angola – over 28…
Due to the constant delay in the adoption of important bills that are key to the International Monetary Fund (IMF) in deciding on the allocation of the next tranche, one of these tranches could be disbursed next year, Acting NBU Head Yakiv Smoliy said. “Due to the delayed consideration of important bills that were key…
In January-May the foreign trade balance of Ukraine in goods and services reduced to a deficit of $1.647 billion, a decrease of 9.2% compared with the deficit figures for the same period last year ($1.813 billion), the National Bank of Ukraine (NBU) informed. It is noted that in the reporting period the deficit of foreign…
JSC “Ukrzaliznytsia” offered customers a new mechanism to reduce the rolling stock shortage, in particular grain hoppers. “Ukrzaliznytsia suggests shippers to consider a possibility of increasing the number of rail cars by purchasing and subsequently providing them to Ukrainian Railways in financial leasing”, said the head of the board Wojciech Balczun. According to him “Ukrzaliznytsia…
Exports of Ukrainian agrarian products in January-May amounted to $7.513 billion and increased by almost 31% YoY. According to a press release from the Ministry of Agrarian Policy and Food, the key export commodity groups are grains with a 38.1% share of total agricultural exports, sunflower oil with 27.4%, and oilseeds with 8.6%. “The increase…
The Council of the National Bank of Ukraine (NBU) considers it sufficient to raise the minimum charter capital of banks to UAH 200 million, according to the council’s report posted on the central bank’s website. “Today’s requirements to the size of the banks’ charter capital in the amount of UAH 200 million from July 11…
Uber international technological company, the developer of the eponymous mobile application for calling cars with drivers, has expanded the service lines available for Kyiv residents and launched the UberBlack premium service. Uber General Manager for Ukraine, Azerbaijan, Belarus and Kazakhstan Alexei Stakh said that the service focused on clients who wanted to travel the city…