The National Bank of Ukraine (NBU) has raised its forecast for the growth of Ukraine’s gross domestic product (GDP) for 2017 to 2.8% from 2.5% and lowered the one for 2018 to 3% from 3.5%, the NBU has said. According to the central bank’s estimates, economic growth in 2016 stood at 1.8%. According to the…
Agrarians of Ukraine in 2016 acquired about 8.5 thousand units of equipment valued at almost 9 billion UAH. This was stated by the minister of agrarian policy and food of Ukraine Taras Kutovoy. “Ukraine is a promising platform for agricultural engineering. Therefore, I urge the international manufacturers and investors to expand and transfer their production…
Ukraine’s Antimonopoly Committee has fined the Boryspil International Airport (Kyiv) for abuse of monopoly on the specialized airport service market. “We have finished hearing a case about abuse of monopoly by the Boryspil International Airport on the specialized airport service market. We fined the airport UAH 12.78 million,” authorized official of Ukraine’s Antimonopoly Committee Ahiya…
Vice Prime Minister of Ukraine Pavlo Rozenko states that there are no reasons for an increase in ticket prices for public transport in Ukraine. On his Facebook page, he wrote: “There are no reasons to raise fare prices today. At present fuel costs, prices of spare parts are not growing”. He urged the local government…
The State Property Fund of Ukraine (SPF) intends by the end of 2017 to sell 99.967% in PJSC Odessa port-side chemical plant, 75.22% of PJSC Turboatom, 68.0095% in PJSC Zaporizhia Aluminium Combine (ZAlK), as well as state-owned stakes in Zaporizhia Titanium and Magnesium Combine (51%) and PJSC Azovmash (50%). The relevant paragraphs are contained in…
Both export and domestic grain prices showed growth last week. Export wheat prices gained $1-2 supported by global trends and seasonal complications in seaports. An announcement of ice campaign usually causes some increase in grain handling costs (although insignificant). Moreover, Ukrainian hryvnia fluctuated and traders continued buying grain actively last week. The prices for 2nd…
In 2016 Ukrainian flour milling enterprises produced 1.939 million tons of flour, down by 4.8% YoY, the State Statistics Service declared. In particular, the production volumes in December 2016 totaled 180 thousand tons, up by 1.9% MoM and down by 5% YoY. In 2016 the production volumes of crude sunflower oil in Ukraine totaled 4.401…