Antonov State Enterprise (Kyiv) saw an 85.43% rise in net profit in 2017 under Ukrainian accounting standards, to UAH 330.22 million. According to a financial report for 2017 posted on the company’s website, net revenue grew by 66.4%, to UAH 6.052 billion. Antonov is the leading Ukrainian developer and manufacturer of aircraft, a recognized world…
Ukraine in January-February exported 15.45 thousand tons of eggs, up 1.9-fold YoY. The State Fiscal Service of Ukraine (SFS) informs that in monetary terms egg exports totaled $14.97 million compared to $6.99 million in January-February 2017. The main importers of Ukrainian eggs are the United Arab Emirates ($5.85 million), Iraq ($3.07 million) and Qatar ($1.27…
The macroeconomic situation in Ukraine remains unstable, vulnerability of the fiscal system in the past years has grown, World Bank Country Director for Belarus, Moldova and Ukraine Satu Kahkonen has said. She said that the vulnerability had increased in the past years, taking into account the fact that government’s expenses grew, as the government increased…
The National Bank of Ukraine has prolonged sanctions against Sberbank, Prominvestbank, VTB Bank, and BM Bank, in line with the decision of the National Security and Defense Council of Ukraine “On the application of personal special economic and other restrictive measures (sanctions)” dated March 1. According to a report posted on the NBU website, the…
NJSC Naftogaz of Ukraine has assured that Ukraine has sufficient natural gas reserves in its underground storage facilities, the company’s press service wrote on Twitter. “A drop in temperatures is expected in Ukraine. We are ready for this. This time we are not waiting for gas supplies from Gazprom. The gas demarche boomeranged against Gazprom…
Ukraine has successfully tested the new 152mm artillery ammunition produced by the state-owned Kyiv-based Artem, which is a part of the country’s major arms producer UkrOboronProm. Thus, Ukraine has secured own production of large caliber artillery ammunition, according to Pavlo Bukin, CEO at UkrOboronProm (UOP). Commenting on the results of the latest tests, Bukin said…
In January-February the number of passengers carried by Ukrainian airlines rose by 8.8% YoY, and the passenger traffic flow through Ukrainian airports increased by 19.3%, according to the State Aviation Service of Ukraine. “In January-February the volume of passenger-carrying operations of Ukrainian airlines increased by 8.8% and totaled 1,344.4 thousand people. The volume of international…