The National Bank of Ukraine (NBU) has allowed banks to provide loans in domestic currency against the collateral of foreign currency on customers’ accounts. This has been reported by the press service of the central bank. “As part of further relaxations of anti-recessionary foreign exchange restrictions, the National Bank of Ukraine has allowed banks to…
Sugar refineries in Vinnytsia region intend to produce 375,000 tons of sugar in 2017, up by 10% YoY, according to Ukrtsukor National Association of Sugar Producers of Ukraine. India, Iran, Azerbaijan and China told Vinnytsia authorities they were interested in the purchase of sugar produced in the region. In 2017, seven sugar refineries will operate…
National Energy Company Ukrenergo intends to draw on international financial organizations (IFOs) as the source for its investment projects, Ukrenergo chief Vsevolod Kovalchuk said at a presentation in Kyiv while briefing on the company’s plans for 2018. “We will complete current large investment projects with the use of funds from tariffs, but we will not…
The state-owned Ukrainian rocket maker Pivdenmash (also known as Yuzhmash) Machine Building Plant is preparing a new batch of engines for the European launch vehicle (LV) Vega to ship to the European partners, the press service of the enterprise has reported. According to the report, in Q2 Pivdenmash produced two liquid fuel rocket engines RD-843…
The price of tickets for train No. 67/68 Kyiv-Warsaw-Kyiv from September 3 by agreement between Ukrainian and Polish railways will be reduced. According to the press service of PJSC Ukrzaliznytsia, starting from September 3 the cost of travel from Kyiv to Warsaw will be UAH 1,340, while the current ticket price is UAH 2,441. Train…
Antonov state enterprise (Kyiv) in January-June saw net profit under Ukrainian accounting standards fall by 66.59% compared to the same period in 2016, to UAH 22.79 million. According to the financial report on the website of the enterprise, its net income in the first half of the year increased by 37.7%, to UAH 2.223 billion.…
According to preliminary information of market participants, 815 KMT of barley was exported from Ukraine in the first month of the 2017-2018 season, down by 19.4% YoY. Traditionally, the key end market for Ukrainian barley is Saudi Arabia, which purchased some 300 KMT in July. China also actively imported barley from Ukraine. 176 KMT of…