As of November 1, Ukrainian agrarians harvested 54.863 million tons of grains throughout the areas of 12.685 million ha, or 89% of the plan. The average yield totaled 4.33 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 54.94…
The need for the main haulage cargo, passenger and shunting locomotives for 2017 is 2,492, while by 2025 the need would expand by some 16%, to 2,881 locomotives. According to the press service of the public joint-stock company Ukrzaliznytsia, the company calculated that by 2025 the need in acquiring new main haulage locomotives was around…
In Ukraine linseed belongs to a niche of agricultural crops, which require further advanced processing and are used in related industries such as pharmaceutical, confectionery, textile and others. Export duty at 23% set in 1999, which triggered acute reduction of linseed acreage, was an obstacle for linseed production recovery in Ukraine. Currently, the linseed export…
DTEK Energo will buy 30,000 tons more gas coal in Poland in addition to earlier contracted 100,000 tons. The company will supply it in November to Burshtyn and Dobrotvirska thermal power plants (TPPs, managed by DTEK Zakhidenergo), the press service of the company has reported. The press service said that first wagons with Polish coal…
Shareholders in private joint-stock company AMD Illichivsk (Odessa region) have permitted the company’s board to refinance a credit line with the limit of $30 million (765.98 million UAH). According to a company report, the decision was made at an extraordinary general meeting of shareholders on October 28. The shareholders authorized the board of ADM Illichivsk…
Following a surge of public bewilderment over the riches declared by Ukrainian officials and members of parliament under a new system of electronic declaration of the personal financial status, Ukrainians have come up with proposals to make high-rank personalities invest the resources declared in the national economy. A petition for this was registered at the…
The largest bank in Ukraine, PrivatBank (Dnipro) posted a 6.5-fold rise YoY in profit in January-September, to 592 million UAH, the bank has said in a report. Net interest income (before payments to reserves) over the period reached 3.085 billion UAH (3.281 billion UAH in January-September 2015). Commission revenue grew by 71%, to 7.587 billion…