Ukraine to borrow $9 billion on foreign market

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…

Ukraine: agriculture contributing 12% to GDP

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…

Ukraine: Motor Sich posts 26% fall in consolidated net profit in January-September 2016

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…

Ukraine: India becomes the leader in purchasing of agricultural products

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,…

Ukraine: sunflower oil consumption down

The share of sunflower oil in the structure of Ukrainian vegetable oils production is nearly 96%. In this regard, it’s logical that the majority of population prefers sunflower oil. It should be noted that total consumption of vegetable oils by population of Ukraine has decreased over the past year. Statistics show that in H1 the…

Ukraine: wheat prices keep growing supported by strong demand from key importers

Last week milling wheat prices kept growing, mainly supported by increased CBOT wheat futures and strong demand from key importers.

Export prices for Ukrainian milling wheat with 11.5% protein have increased by 8% over the past month. Prices strengthened by $5 during the previous week. (UkrAgroConsult/Business World Magazine)

Ukraine: flour output down in January-September 2016

In January-September Ukrainian flour milling enterprises produced 1.392 million tons of flour, down by 5.6% YoY, the State Statistics Service of Ukraine declared. In particular, the production volumes in September totaled 181 thousand tons, up by 2.8% MoM and down by 3.2% YoY. In January-September the production volumes of crude sunflower oil in Ukraine totaled…

Ukraine: Sumy NPO signs agreement on the column equipment supply for Kachanovsky GPP

PJSC “Sumy Machine Building Science-and-Production Association” signed a contract with a domestic company “Ukrnafta” for the supply of regeneration-evaporation column K-2. According to Sergei Antykov, the senior sales manager for equipment of chemical plants, this is a typical product of Sumy engineers. “The equipment specified by the agreement is designed for ethylene glycol from the…

Ukraine blocks entrance to some Russian tank wagons

Ukraine’s state railway transport administration Ukrainian Railways has blocked entrance and transit through the country to tank wagons of some Russian railway operators, including Sberbank Leasing and SG-Trans, according to the letter of Ukrainian Railways. Besides tank wagons of Sberbank Leasing and SG-Trans, Ukrainian Railways blocked entrance and transit of all cargoes and empty tank…