Ukraine: foreign reserves up in 2018

Ukraine’s international reserves in 2018 grew by 10.6% YoY, to $20.820 billion, updating a five-year record, according to the National Bank. The last time such figures were reported was in October 2013. The regulator said the reserves were successfully accumulated due to Ukraine securing external financing and the NBU buying up the excessive currency on…

Ukraine: Ukrzaliznytsia passenger traffic up in 2018

In 2018, Ukraine’s state railways operator JSC Ukrzaliznytsia increased passenger traffic by 4 million people compared to 2017. JSC Ukrzaliznytsia transported 55.9 million passengers last year, the press service of the company reported. The increase in traffic happened due to the rational use of cars. “During the New Year and Christmas holidays, we launched about…

Ukraine: Army receives 50 warplanes and helicopters in 2018

The state-run military-industrial Concern Ukroboronprom in 2018 transferred 50 aircraft and helicopters to the Ukrainian Army, after their upgrade and repair performed by Ukraine’s aviation industry cluster, which included 16 enterprises, all part of the concern. The list includes Su-27 and MiG-29 fighters, Su-25 attack aircraft, Su-24 strike aircraft, An-26 and Il-76 transport aircraft, L-39…