Public joint-stock company Ukrnafta, Ukraine’s largest oil producer, saw 10.09 million UAH of net loss in January-June compared to 3.91 billion UAH of net profit a year ago. The company said in a report that its net revenue in H1 2016 decreased by 42.8% YoY, or by 6.648 billion UAH, to 8.89 billion UAH, and…
A winner of the competition was selected to become investor for the implementation of the Agreement on the distribution of hydrocarbons extracted from the Yuzovsky field, the press service of the state-owned enterprise Nadra Ukrainy has reported, which is a stakeholder of Nadra Yuzovsky PLC, founded to implement the project of finding and mining under…
As of July 26, agrarians harvested 24.78 million tons of early grains and pulses throughout the areas of 6.71 million ha, or 69% of the plan (9.6 million ha, according to estimations). The average yield totaled 3.69 t/ha. At the same time, on the same date in 2015 agrarians harvested 23.65 million tons of grains…
CEO of the national oil and gas company Naftogaz Andrei Kobolev has pledged the country will have enough gas in the coming winter. “As of now, the country’s underground gas storage facilities hold about 10.3 billion cubic meters of gas. We plan to have about 14.5 billion cubic meter by the end of the season”,…
Sumy, city in northeastern Ukraine, has received 850 energy efficient street lighting system lamps from UNDP for modernization of street lighting. Deputy Director of the UN Development Program Blerta Cela gave a certificate for handing over these devices to the Mayor Oleksandr Lysenko on July 27 at Sumy city council. “Sumy authorities are focusing now…
Private joint-stock company Darnitsa pharmaceutical firm (Kyiv) saw a 48.9% fall in net profit in January-June YoY, to 144.29 million UAH. Its net revenue grew by 19.6%, to 976.3 million UAH and gross profit grew by 3.23%, to 534.75 million UAH. In Q1 2016 the firm saw a 59.4% fall in net profit YoY, to…
In January-June Ukrainian flour milling enterprises produced 888 thousand tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared. At the same time, the production volumes in June totaled 132 thousand tons, up by 0.7% MoM and down by 14.6% YoY. In January-June the production volumes of crude sunflower oil in…