The Ukrainian IT service market by 2020 could expand to $5.7 billion from $2.7 billion in 2015 if the tax burden for the sector grows no more than 1% a year, according to a study of PricewaterhouseCoopers (PwC) conducted under order of the European Business Association (EBA). According to the study, the results could be…
Naftogaz Ukrainy projects its net profit for 2016 will amount to 18.355 billion UAH against 34.053 billion UAH of net loss a year earlier, according to a company report for 2015. The company estimates its profit in the second half of 2016 at 897 million UAH. Naftogaz expects sales income in 2016 to come to…
Due to significant increasing of peas production in Ukraine in the current season, the exports of peas in 2016/2017 MY will reach the record level – 450 thousand tons. That is almost twice as much as last year. (APK-Inform/Business World Magazine)
DTEK Energy Operating Company in the framework of restructuring its loan portfolio will transfer Obukhovskaya mine directorate (the Russian Federation) together with borrowings of $436 million to DTEK strategic holding for direct control. According to the press service of the holding, this will allow to reduce the loan portfolio of DTEK Energy that will improve…
Britain’s Crown Agents will not be able to supply three out of 214 pharmaceuticals from the procurement list bought using 2015 national budget funds. There is no alternative to the drugs in Ukraine today. Crown Agents reported that Lamivudinum (1,200 mg, 69th on the list) would not be bought due to the impossibility of buying…
The downward trend in Ukrainian export market changed to some price growth. Last week wheat export prices strengthened. The prices for 2nd grade wheat (12.5% protein) grew by $1 to $168-170/MT FOB, while 3rd grade wheat prices (11.5% protein) reached $161-164/MT FOB for October delivery. Some recovery of importers’ demand for October-November was observed on…
Ukrainian broiler meat production is growing even faster than thought, thanks to record exports and steady consumer demand, US officials said. The improving economic situation in Ukraine is allowing producer to up their output, and the bumper grain harvest this year will help margins next year, the US Department of Agriculture’s Kiev bureau said. The…