JSC Bogdan Motors automobile company, combining the production assets of Bogdan Corporation, in January-March received a net loss of UAH 610.3 million, while in the first quarter of 2019 its net profit was UAH 161.61 million. According to the interim report of the company, its net income for this period decreased by 39%, to UAH…
Exports of Ukraine-made agricultural machinery in 2019 shrank by almost 10% YoY, say experts with the National Scientific Center “Institute of Agrarian Economics”. “Ukraine’s export opportunities with regard to the main types of agricultural equipment are traditionally significantly lower than import ones. However, supplies from foreign countries in 2019 declined critically, that is, by 9.4%,…
Exports of agricultural machinery from Ukraine shrank by 9.4%YoY in 2019, to $37.6 million, the head of the department of investment and logistics of the Institute of Agrarian Economics, Oleksandr Zakharchuk, said. “Traditionally, Ukraine’s export capabilities on basic agricultural machinery are much lower than imports. However, in 2019, foreign deliveries declined sharply – by 9.4%…
LLP SaryarkaAutoProm has launched production of UzAuto Motors vehicles under the Chevrolet brand, UzA reports. In recent years, thanks to the strong political will and regular dialogues of the Presidents of Uzbekistan and Kazakhstan, relations between the two countries have been strengthened and developed at a qualitatively new level. Establishment in Kazakhstan’s Kostanay city of…
In January-March, 20.3 thousand new passenger cars were registered in Ukraine, up by 11% YoY, according to the Ukrainian Motor Vehicle Manufacturers Association, UkrAutoProm. At the same time, the number of new passenger cars registered in March decreased by 15%, to 6,244 units. In March, Renault cars had the largest demand, with 1,222 cars registered.…
The electric car factory in Kutaisi, western Georgia, will produce its first electric car in August, State Representative in Imereti Zviad Shalamberidze has declared, adding that at that time the factory will also start producing additional components for cars. “Electric cars will be exported abroad as well as sold on the local market,” said Shalamberdize.…
The state concern Ukroboronprom and the Ministry of the Interior of Peru have signed an additional agreement on cooperation in the field of repair and modernization of equipment, which will be implemented at the state enterprise Antonov, Ruslan Korzh, Deputy Director General for Aeronautics and Rocket Engineering at Ukroboronprom stated at the round-table meeting “The…