Public joint-stock company AvtoKrAZ (Kremenchuk, Poltava region), the sole heavy truck producer in Ukraine, saw a 40% fall in net loss in 2016, to UAH 188.93 million. According to the revised information to the agenda of a general meeting of shareholders scheduled for March 30, uncovered loss as of January 1, 2017 totaled UAH 629.74…
Ukraine in 2016 imported 1.61 billion cubic meters of natural gas for a total of $394 million. Thus, according to the State Statistics Service, the average price of gas imported in January was $244.6 per 1,000 cubic meters against $228.8 in December 2016. Last year Ukraine from counterparties in Switzerland received 744.999 million cubic meters…
On March 11-12, air temperatures became slightly lower than earlier in the month. Cloudy weather dominated the country with almost daily insignificant precipitation occurring all over its territory except for the East. The average daily air temperature was within a range of +2.2 to +7.5 degrees C, i.e. 2.9-6.4 degrees above normal. On the warmest…
Prime Minister of Ukraine Volodymyr Groysman says that government spent about UAH 10 billion on road repairs and construction last year; however some of these repaired roads are again in poor condition. “Last year we spent UAH 10 billion on roads and the situation in many regions was noticeably better, but there are many new…
The sale of Alfa-Bank Ukraine is not being planned, one of the bank’s major shareholders Petr Aven declared. “We are not preparing to sell,” Aven said, adding that Alfa-Bank currently had a “normal working relationship” with the National Bank of Ukraine. Earlier, the director of strategic communication of Alfa-Bank Ukraine Denis Kazvan said that after…
The State Road Agency of Ukraine (Ukravtodor) and China Road and Bridge Corporation (CRBC) have begun working on a joint project for the construction of a road bypassing the city of Kremenchuk with a bridge across the River Dnipro, Ukravtodor posted on its official Facebook page. “On March 21, the Memorandum of Cooperation between the…
The National Bank of Ukraine (NBU) due to the blockade of trade with the certain areas of Donetsk and Luhansk regions and the improvement of situation on foreign markets has revised macro indicators for 2017 and 2018, in particular, worsening the forecast for the growth of the country’s gross domestic product (GDP) for 2017 from…