The local budget revenues grew by UAH 31.1 billion (30%) in the nine months of 2017, Ukrainian Prime Minister Volodymyr Groysman posted on Facebook. “The local budget revenues grew by UAH 31.1 billion, and the revenues of budgets of the united territorial communities grew by 82.7% and totaled UAH 6.3 billion in the nine months…
Ukraine is negotiating with the International Monetary Fund (IMF) the formula of calculating gas prices for domestic consumers before the complete liberalization of the market, Ukraine’s Minister of Finance Oleksandr Danyliuk has said. “We need to find a formula that will determine the price of gas for the period until the full liberalization of the…
The Supreme Court of Ukraine has upheld court decisions obliging ex-owner of the insolvent Delta Bank Mykola Lahun to compensate UAH 4 billion, or $150 million, in favor of the state-run Oschadbank, according to the latter’s press service. The case concerns Delta Bank’s failure to fulfill obligations under two contracts of 2010 related to the…
Ukraine continued increasing flour exports at the beginning of 2017-2018: the country exported 72 KMT in the first two months of the season, or 20% more than at the same time last year (60 KMT was shipped abroad in July-August 2016). China is still the key end market for Ukrainian flour and keeps stepping up…
Kharkiv Bearing Plant (HARP), a part of UPEC industrial group, has signed a one-year contract to supply bearings to the largest manufacturer of agricultural machinery in Bulgaria – MetalAgro AD. According to the press release of the HARP, earlier MetalAgro AD used HARP AGRO bearings with a tight X-SHIELD sealing sold via HARP dealers. “For…
Kernel, a large agroholding in Ukraine, seeks to invest $130 million in construction of an oilseed crushing plant in Khmelnytsky region. The company said in a press release that the commissioning of the plant was scheduled for 2020. The installed processing capacity of the plant will be 1 million tons of sunflower seeds per year.…
Production of milk in Ukraine in January-September (excluding the temporarily occupied territory of Crimea and Sevastopol, part of the ATO zone) decreased by 0.9% YoY, to 8.109 million tons. According to the State Statistics Service, egg production increased by 1.6%, to 12.117 billion units. Production of meat (live weight) in January-September grew by 0.1%, to…