Operating expenses of the ATB chain associated with diesel diesel gensets increased ninefold in June compared to April, the retailer’s press service told Interfax-Ukraine. “Operating retail facilities with generators is 2-3 times more expensive [depending on the power of the diesel genset]. The issue of installing electricity storage systems and electricity imports is now in … Read more
In January-June 2024, the ports of Ukraine increased the volume of transshipment by 1.6 times, to 53 million tonnes, amid an increase in processing volumes in the Black Sea ports and a decrease in the Danube ports, the press service of the Ukrainian Sea Ports Authority (USPA) reported. “In just six months of 2024, Ukrainian … Read more
Czech company Colt CZ will begin manufacturing ammunition and assault rifles in Ukraine, Ukrainian Prime Minister Denys Shmyhal announced during a briefing in Prague after meeting with Czech Prime Minister Petr Fiala. “A new ammunition factory will be built in Ukraine. The agreement has been signed between Sellier & Bellot and Ukroboronservise. This is important … Read more
The Verkhovna Rada adopted bills No. 11258 and No. 11259, which canceled customs duties and value-added tax on the import of generators, batteries, and equipment for wind and solar generation. The documents were supported by 305 and 313 MPs respectively. Also, tax benefits apply to equipment for mine countermeasures and equipment for the production of … Read more
The state-owned gas producer UkrGasVydobuvannya announced another record for gas production. In the first half of the year, the company produced 6,913 million cubic meters of commercial gas. This is 8.8% more than in the same period last year. “UkrGasVydobuvannya put 41 new wells into operation, of which 14 are high-flow wells. So, for example, … Read more
Export of goods from Ukraine amounted to $19.5 billion in six months of 2024, while import stood at $33.2 billion, the press service of the State Tax Service reports. Ukraine exported the most to Poland — $2 billion, Spain — $1.6 billion, China — $1.6 billion. The top three goods exported from Ukraine include: The … Read more
The State Property Fund has determined the dates of the first online auctions for the sale of “great privatization” objects, reported the SPFU press service. The auction for the sale of the Ukraina hotel in the center of Kyiv will take place on September 18, 2024. Auction for the sale of JSC United Mining and … Read more
The main trends in the Ukrainian pharmaceutical market from January to June 2024 were sales growth in hryvnia, a workforce shortage, and increased demand in the segment of antipsychotics, antidepressants, and sedatives, as well as the development of private labels by pharmacy chains, said regional director of the pharmaceutical company Acino, Yevhen Zaika. He noted … Read more
Ukraine’s GDP grew by 1.1% (±1%) in June compared to June last year, while for the first half of the year, growth is estimated at 4.1% (±1%) compared to the same period last year, according to the press service of the Ministry of Economy. The main factor slowing economic growth was power outages, the ministry … Read more
American defense contractor Northrop Grumman and Ukrainian defense conglomerate Ukroboronprom signed an agreement to build a new medium-caliber ammunition production facility in line with NATO standards, President Volodymyr Zelenskyy’s office reported on July 11. The announcement was made after a meeting between President Volodymyr Zelenskyy and top executives of leading defense companies, including BAE Systems, … Read more