KYIV. April 27 (Interfax-Ukraine) – State-run enterprise Ukrspyrt in January through March saw a 3.8-fold rise in net profit year-over-year, to UAH 49.9 million.
“Spirit production increased by 59%, spirit sales – by 37%, exports of Ukrainian spirit – by 352% and sales revenue – by 49%. Tax payments also increased – by 40.4%. The state-run enterprise sent almost UAH 100 million to budgets of different levels,” the company said, citing Deputy Director Serhiy Bleskun.
The company said that even better figures would not help the company to recover until the spirit sector is completely reformed and the issue of its privatization and appointment of the director is settled.
“Ukrspyrt that incorporates 41 production sites, is the half of the sector. While Ukrspyrt declares sales of ethyl spirit of over 2.4 million decaliters for Q1 2016, other distilleries post data on the sale of 165,000 decaliters of spirit with the condition that the capacities are almost equal. The difference of taxes paid could be easily calculated,” Bleskun said.
