Dredging at the Ukrainian port of Belgorod-Dnestrovsky has reached 800,000 cubic meters this year. The works have been performed by the equipment of Ukrainian Sea Ports Authority (USPA) and its specialized contractor, USPA says. Vessels of up to 3.1 m in draught can now call the port. The port of Belgorod-Dnestrovsky was set up in…
State-run enterprise Boryspil International Airport (Kyiv), the country’s largest airport, saw a 2.2-fold rise in net profit in January-September, to 1.026 billion UAH. The airport said that its net revenue over the period grew by 30%, to 2.446 billion UAH. As reported, Boryspil Airport in January-September increased its passenger traffic by 16% YoY and by…
Public joint-stock company Ukrnafta saw 427 million UAH of net profit in January-September, down by 89.5% YoY, the company has said in a report. According to Board Chairman Mark Rollins, the indicator for January-September should be revised for the correct calculation of the profit pace. The cross clearing transaction is to be taken into account;…
Ukraine seeks to borrow $9 billion on the foreign market in 2017, Ukrainian Finance Minister Oleksandr Danyliuk has said. He said that the Finance Ministry sought to issue the fourth tranche of U.S. secured $1 billion eurobonds, raise $5.3 billion in cooperation with the International Monetary Fund (IMF) and enter the international loan market. Ukraine…
As of October 25, Ukrainian agrarians harvested 52.265 million tons of grains throughout the areas of 12.281 million ha, or 86% of the plan. The average yield totaled 4.26 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 52.58…
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…