Vodafone Ukraine (PrJSC VF Ukraine) in July-September 2017 saw UAH 2.97 billion of revenue, which is 3.7% more than a year ago, according to a quarterly report of the parent company MTS. According to a press release of the Ukrainian mobile communications operator, revenue grew thanks to an increase in revenue from data transfer by … Read more
Ukraine’s Verkhovna Rada has passed at first reading amendments to the Tax Code of Ukraine ensuring the balance of budget revenue in 2018. The amendments include the increase in the excise duties for tobacco by 29.7%, environment tax rates by 11.2% and royalty (apart from production of extractable resources) by 16.8%. An Interfax-Ukraine correspondent reported … Read more
Ukraine is preparing a program for the modernization of military transport An-70 aircraft with a maximum cargo capacity of 47 tonnes in the framework of a new international cooperation involving Saudi Arabia, the UAE and Turkey. According to the press service of Ukroboronprom state concern, plans for cooperation within the An-70 program became one of … Read more
Ukraine’s Ministry of Finance has agreed on cooperation with the International Finance Corporation (IFC) in the framework of privatization of JSC Ukrgasbank. According to the signed memorandum, in which Ukrgasbank itself also acted, the Finance Ministry confirms its intention to completely withdraw from the bank’s capital, while the IFC intends to provide consulting services to … Read more
JKX Oil & Gas Plc in January-October 2017 reduced the average daily production of hydrocarbons in Ukraine by 11.1% (by 445 barrels of oil equivalent, boepd) compared to the same period in 2016, to 3,563 boepd. According to a company report on the website of the London Stock Exchange, in particular, gas production fell by … Read more
The share of state-owned banks of net assets of the Ukrainian banking system grew by 0.4 percentage points (p.p.) in July-September 2017 year-over-year, to 56%, according to a report posted on the National Bank of Ukraine (NBU). The pace is linked to the additional capitalization of PrivatBank (Kyiv). Early 2017 the share of state-owned banks … Read more
Ukraine’s Economic Development and Trade Ministry has introduced sanctions against 18 Russian companies. The sanctions will take effect on December 9, 2017. Resolutions Nos. 1582 (seven companies) and 1583 (11 companies) were issued by the ministry on October 30, 2017. The resolutions envisage the temporary suspension of foreign economic activities on the territory of Ukraine … Read more
Ukraine’s forex reserves expanded by $98 million or 0.53% in October 2017, and as of November 1, 2017 reached $18.736 billion, the National Bank of Ukraine (NBU) posted the preliminary data on Tuesday on its website. Since early 2017, forex reserves have grown by 21%. The central bank said that receiving of $185.3 million by … Read more
Ukraine in January-October 2017 supplied 7,423 tonnes of cheese to foreign markets, which is 16.4% more than in the same period of 2016. According to customs statistics, released by the State Fiscal Service, in monetary terms shipments of these products increased by 1.4 times, to $26.3 million. Cheese imports in January-October amounted to 7,716 tonnes, … Read more
Ukraine exported 228,635 tonnes of poultry in January-October 2017, which is 14.4% more than in the same period in 2016, the State Fiscal Service has reported. According to its data, in monetary terms poultry exports increased by 34.6%, to $322.96 million. Poultry imports in January-October 2017 rose by 38.7%, to 94,120 tonnes, in monetary terms … Read more