Business news from Ukraine


Mariupol seaport (Donetsk region) in January-March 2018 increased cargo handling by 10.5%, year-over-year, to 1.333 million tonnes.
In the first three months of 2018, the port increased transshipment of exported cargo by 5.8%, to 1.26 million tonnes, imported freight by 4.3 times, to 56,000 tonnes, cabotage cargo by 6.5 times, to 16,300 tonnes, the Ukrainian Sea Ports Authority said.
Yet, the port did not handle transit goods.
According to the types of cargo, the port did not handle liquid cargo, while dry bulk handling rose by 1.2%, to 239,000 tonnes, that of non-bulk goods increased by 17.8%, to 1.094 million tonnes.
Mariupol seaport is one of the largest ports of Ukraine. Its capacity allows handling more than 17 million tonnes of cargo per year. The port is open all year round for ships with a length of up to 240 meters and a draft of up to 8 meters. Its territory is 73.2 hectares, the length of the berthing line is 4.2 km.

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Coal Energy S.A. (Luxembourg) with assets in Ukraine in March 2018 boosted coal production by 6.5 times, or by 10,997 tonnes, compared to the same period in 2017, to 13,007 tonnes, the company said on the Warsaw Stock Exchange.
Compared to February 2018, production increased by 75.6%, or by 5,599 tonnes, it said.
As reported, Coal Energy includes ten coal mines, rock dumps processing facilities and objects for enrichment. The company’s business was significantly affected by hostilities in Donbas.

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The Supervisory Board of PJSC Ukrtelecom is satisfied with the implementation of the company’s strategic development program adopted in 2014, the communications provider said. “A group of experts of a leading international consulting company has completed the evaluation of the implementation of Ukrtelecom’s strategic development program. Taking into account the impact of a number of macroeconomic and geopolitical factors, they confirmed that at the end of 2017 last year’s targets were achieved: the revenue target by 104%, EBITDA by 16.7%, that for the number of subscribers by 91%,” the company said in a statement.
According to the company, in February 2018, its supervisory board instructed international experts to conduct an independent assessment of its strategic development, comparing the results achieved with the target indicators of the program. At the same time, the communications provider has not disclosed the name of the auditing company.
According to the report, the operator outstripped the updated targets of 21 out of the 24 strategic initiatives, including topped the revenue target – by 4% (by UAH 6.654 billion in 2017), EBITDA by 67% (by UAH 1.854 billion), EBITDA margin by 11 percentage points (by 28.1 percentage points).
At the same time, in 2017, Ukrtelecom fulfilled its target for the total number of subscribers (telephony and broadband) by 91% (6.622 million).
The evaluation of the implementation of Ukrtelecom development strategy was carried out with regard to the impact of significant external factors, in particular the cessation of its activities in the country’s temporarily occupied territories; restrictions related to post-privatization obligations and litigations; debts to the company by state and local budgets (including for subsidized categories of the population); massive malicious damage to infrastructure (including theft of copper cable); regulatory restrictions in landline communication (tariffs falling behind inflation), as well as the impact of macroeconomic factors (including devaluation of the national currency, increase in the minimum wage) and market dynamics in general, the company said
“Despite the number of negative external factors limiting investment in development, the assessment confirmed that we are moving along the path outlined by the long-term development strategy. Ukrtelecom is developing as a national telecom operator and industry leader,” the company’s director, Yuri Kurmaz, was quoted as saying.
According to the consultants, Ukrtelecom’s share in the total revenues of the Ukrainian b2b communications market (Internet access, landline communications and data transmission services) by the end of 2017 was 35% (an 8% increase from 2013).



Production of milk in Ukraine in January-March 2018 (excluding the temporarily occupied territory of Crimea and Sevastopol, part of the ATO zone) decreased by 1% compared to the same period in 2017, to 1.946 million tonnes. The State Statistics Service said egg production in the first quarter of 2018 grew by 2.3%, year-over-year, to 5.511 billion units.
Production of meat (live weight) in the first three months of 2018 fell by 0.3%, to 790,000 tonnes.
As reported, with reference to statistics, milk production in Ukraine in 2017 decreased by 0.5% compared to 2016, to 10.329 million tonnes, meat (in live weight) by 0.4%, to 3.259 million tonnes. Production of eggs in 2017 rose by 3.2%, to 15.578 billion units.

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The number of cattle in Ukraine as of April 1, 2018 amounted to almost 3.86 million animals, which is 4.5% less than on the same date in 2017. According to the State Statistics Service, the number of cows for this period decreased by 4.3% and amounted to 2.024 million animals. The number of pigs decreased by 8.1%, to 6.135 million, sheep and goats fell by 4.1%, to 1.516 million.
Poultry stock in the country increased by 1.2% compared to April 1, 2017, amounting to 197.557 million birds.
As reported, the number of cattle in Ukraine (excluding the temporarily occupied territory of the Autonomous Republic of Crimea and the Anti-Terrorist Operations zone) as of January 1, 2018 amounted to 3.628 million animals, which is 1.5% less than on the same date in 2017. The number of pigs decreased by 8.2%, to 6.12 million head, sheep and goats grew by 0.1%, to 1.316 million. Poultry stock in the country increased by 1.7% as compared to January 1, 2017, amounting to about 205 million birds.

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