12.1 KMT of mayonnaise was produced in Ukraine in March, up by 46% MoM (8.3 KMT). In addition, March’s mayonnaise production exceeded the two-year average (10.4 KMT). In total, 28.2 KMT of mayonnaise was made in Ukraine in January-March, down by 5.7% YoY (29.8 KMT in January-March 2016). Analysts expect this year’s mayonnaise output in…
The number of banks with a “problem” status has reduced from five to three, Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has stated. “Two out of five problem banks were transferred to the Deposit Guarantee Fund, namely Vector Bank and Diamantbank,” Rozhkova said. Currently, there are three problem banks in Ukraine’s…
The consolidated net profit of PJSC Motor Sich in the first quarter of 2017 according to the international financial reporting standards (IFRS) amounted to UAH 1.457 billion, up 4.8-fold YoY (UAH 304.67 million), according to the company’s quarterly report. According to its data, net sales income in January-March this year increased by 63.4%, to UAH…
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…
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…
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…
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…