Ukraine’s large- and medium-sized enterprises saw pre-tax profit grow by 1.9% YoY in the first half of 2018, to UAH 189.781 billion ($6.8 billion); their pre-tax profit in the first half of 2017 was UAH 186.259 billion ($6.69 billion). Profitable enterprises’ results grew by 7.3%, to UAH 289.737 billion ($10.4 billion), while unprofitable ones posted…Details
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NJSC Naftogaz of Ukraine has not been buying natural gas under a contract with Russia’s PJSC Gazprom for 1,000 days, since November 26, 2015, importing gas from the West. As reported, inconsistent prices were behind Ukraine’s refusal to buy gas on its eastern border at the end of 2015. Late in December 2017 the Arbitration…Details
Kazakhstan exported 162 thousand tons of flour in May, up by 18% MoM (137.5 thousand tons), but down by 2% YoY (165 thousand tons). In total, Kazakh flour exports in MY 2017-2018 (September-May) were up by 4% YoY, at 1.8 million tons. The biggest importers of flour from Kazakhstan are its neighbors Afghanistan and Uzbekistan.…Details
One third of Estonian residents rate their economic situation as good or very good, and as many as 90% consider it to be at least satisfactory, according to the results of a recent survey conducted by Kantar Emor. Of Southern Estonian residents, however, one in five, including 16% of pensioners, consider their economic situation to…Details
In January-June the Belarusian state petrochemical concern Belneftekhim increased merchandise export by more than one fourth in comparison with H1 2017, the Belneftekhim press service reported after the concern’s board convened to review performance in the first half of the year. In H1 Belneftekhim’s merchandise export growth rate reached 128.5% as against January-June 2017, with…Details
In the first quarter of 2018 the level of shadow economy in Ukraine amounted to 33% of GDP, falling by 4% compared to the first quarter of last year. The de-shadowing of the economy became possible due to the preservation of macroeconomic stability and positive economic trends under the implementation of policies aimed at expanding…Details
The Ukrainian Deposit Guarantee Fund this week intends to sell assets of insolvent banks for the total amount of UAH 6.785 billion, the fund’s press service reports. “The assets of insolvent banks for the sum of UAH 6,784.53 million will be put up for sale this week,” reads the report. According to the Deposit Guarantee…Details