Agriculture contributes 12% to Ukraine’s GDP and every fifth Ukrainian is working in this area. This has been reported by NGO AgroReformsUA, which aims to implement effective reforms in the agrarian sector of Ukraine. “In 2015, the share of agricultural products in the foreign trade of Ukraine reached 38%. This means that the sale of…
PJSC Motor Sich in January-September decreased consolidated net profit under international financial reporting standards (IFRS) by 25.72% YoY, to 1.884 billion UAH. According to a company report posted in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income for the reporting period decreased by 28.28%, to…
According to operative data of the customs statistics, in July-September Ukraine supplied 10.659 million tons of grains to foreign markets. In particular, the export volumes of wheat reached 6.764 million tons, barley – 3.196 million tons, corn – 642 thousand tons, oats – 14 thousand tons, and other grains – 43 thousand tons. The potential…
According to the State Statistics Service, in January-September India imported the largest volumes of Ukrainian agricultural food products in monetary terms – more than 9% of the general export volumes (valued at $959 million), the Deputy Director on scientific work at the National Scientific Center “Institute of agrarian economy” Nikolai Pugachev declared. According to him,…
High competitiveness of Ukrainian products is one of the obstacles to all Ukrainian goods entering European Union markets, Minister of Agricultural Policy and Food of Ukraine Taras Kutoviy has said. “Our products in Europe are too competitive. The cost of production is low, and Europe puts up barriers to keep them out. We do it…
The U.S. Agency for International Development (USAID) has launched the program ‘Decentralization Offering Better Results and Efficiency’ (DOBRE), with a budget of $50 million, in Ukraine, U.S. Ambassador in Kyiv Marie Yovanovitch said. The program will help 75 united communities in seven Ukrainian regions, she said at the opening ceremony for the DOBRE program in…
The issue of state-owned ports assignment to private investors has been discussed in Ukraine for several years, but it was not clear which pattern of interrelation with private investors the state will choose – privatization or concession, or perhaps something else. However, it was clear that something had to be done. Many market participants tend…