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Category Archives: Ukraine

Ukraine becomes one of world’s largest producers of mustard

UkraineBy admin2017-04-28Leave a comment

Ukraine has entered the Top 5 ranking of the world’s largest mustard producers, the Ukrainian Agribusiness Club (UCAB) reports, referring to the data from the Food and Agriculture Organization of the United Nations (FAO). In particular, the world’s largest exporters of mustard include Canada, Ukraine, Russia, Germany and India. The major importers of mustard are…

Ukraine: Boryspil airport doubles net profit in Q1 2017

UkraineBy admin2017-04-28Leave a comment

State-owned enterprise Boryspil International Airport, the largest airport in the country, saw a 2.1-fold YoY rise in net profit in January-March, to UAH 372.293 million. According to a financial report of the airport, its net revenue in Q1 grew by 32.7%, to UAH 893.5 million. Boryspil International Airport is the main airport of Ukraine. The…

Ukraine: Persha Pryvatna Brovarnia to start making Krusovice

UkraineBy admin2017-04-27Leave a comment

Persha Pryvatna Brovarnia, a large brewery in Ukraine, has received a license form Heineken Concern to produce Czech beer Krusovice and will start its production in early June. “This year we received a license from Heineken Concern to produce Krusovice and in a month will start producing this famous Czech beer,” the co-owner of Persha…

Ukraine: UBC Group to launch first stage of refrigerator plant in Vinnytsia in autumn 2017

UkraineBy admin2017-04-27Leave a comment

UBC Group (Kharkiv), a commercial and industrial holding working in the field of refrigeration appliances, will launch the first stage of a refrigerator plant in Vinnytsia in autumn. “We now have a problem with production capacities. We need new production capacities to increase the market share in Western Europe and America. And we are building…

Ukraine: Diamantbank reports profit in Q1 2017 next day after being declared insolvent

UkraineBy admin2017-04-27Leave a comment

Diamantbank (Kyiv) that was declared insolvent on April 25, reported that the bank saw profit in January-March after four quarters of seeing losses. According to a bank report, it saw UAH 1.7 million of net profit in January-March, while a year ago its net loss was UAH 287.404 million. Net interest income over the period…

Ukraine: Ukrzaliznytsia carries out no transportation in uncontrolled territories

UkraineBy admin2017-04-27Leave a comment

PJSC Ukrzaliznytsia has stated it does not carry out any activity in the territory uncontrolled by Ukraine, the Ukrzaliznytsia department of information policy and public relations has said. “The company does not use rolling stock for any transportation in the occupied areas of Donetsk and Luhansk regions,” the statement said. Ukrzaliznytsia also notes there is…

Ukraine: power supply to Donbas to be resumed when debts repaid

UkraineBy admin2017-04-27Leave a comment

Ukraine will resume supply of electricity to the uncontrolled territories of Luhansk region if the debt is repaid, Minister of Energy and Coal Industry Ihor Nasalyk has said. The minister said the decision to cut off power supply was not political but economic. “All the enterprises that were registered in the uncontrolled territory of Luhansk…

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