Ukraine: vehicle production down in January 2021

In January, Ukraine manufactured 604 vehicles, down by 29% YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (UkrAutoProm). In particular, Ukrainian enterprises manufactured 576 cars, down by 24%. Some 251 cars were produced by ZAO Eurocar and 325 cars by PJSC Zaporizhzhia Automobile Building Plant (ZAZ). Ukraine manufactured four commercial vehicles in January, down…

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Ukraine: higher education institutions receive UAH 241 million from deposit funds’ placement in 2020

Ukrainian higher education institutions received UAH 241 million of income from the placement of deposit funds in 2020, the press service of the Finance Ministry reported. “According to the State Treasury Service of Ukraine, on deposit accounts in public sector banks in 2020, higher education institutions placed UAH 3,778 million of temporarily free budget funds…

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Ukraine: Astarta optimizes sugar assets

Astarta is reporting on completion of sale of its two sugar plants in Kharkiv region – Savynskiy and Novoivanivskiy. As previously communicated, the company’s management was focusing on improving the profitability of the sugar segment and optimizing the corresponding asset base by concentrating production on its core sugar mills in 2020. Since Kharkiv region does…

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