Ukraine: new guided projectile Kvitnyk ready for testing

Ukraine’s state-run defense concern UkrOboronProm says a new 152 mm high precision-guided artillery projectile Kvitnyk is ready to undergo scheduled testing. All components of the new ammunition are 100% Ukraine-made, the arms manufacturer boasts. “The state-owned Progres Research and Production Complex, which is a part of UkrOboronProm, has completed the works on total import substitution…

Ukraine: Kyiv International Airport names most popular destinations in 2018

The most popular international flights from Igor Sikorsky Kyiv International Airport (Zhuliany) in 2018 were Minsk, Warsaw, Sharm el-Sheik, Ankara, Dubai, and Antalya, the airport’s press service wrote on Facebook. “And domestic flights – Odesa, Zaporizhzhia, and Lviv,” reads the report. In January-November Kyiv International Airport serviced 2.606 million passengers, up by 53.7% YoY. “The…

Ukraine: gas stocks down

Natural gas reserves in Ukraine’s underground storage facilities (USFs) have shrunk by 9.6%, or by 1.65 billion cubic meters, to 15.5 billion cubic meters since November 7, when Ukraine started pumping out gas from its stocks. As of December 8 gas reserves in the country’s USFs were estimated at 15.542 billion cubic meters, down by…

Ukraine: Okean shipyard sold for $4.3 million

Assets of the PJSC Mykolaiv Shipyard Okean (Ocean) located in Ukraine’s southern city of Mykolaiv were sold at an auction on December 3 to Annona Trading House LTD for UAH 122.195 million, or $4.3 million, according to Liquidator of the shipyard Iryna Serbin. Initially, the starting price of the enterprise was UAH 1.8 billion ($63.8…

Ukraine: FDI up in January-September 2018

The volume of foreign direct investment in the Ukrainian economy (non-residents’ equity capital) in January-September increased by $367.2 billion, or by 1.2% YoY, to $31.974 billion as of October 1. Over the period under review $1.71 billion in new investment was received, while $491.5 million was dropped. The negative revaluation stood at $851.7 million, according…