Ukrlandfarming agricultural holding saw $658 million of revenue in 2017, which is 31% less than a year ago, the company has said in a report. According to the report, the figure declined mainly due to the 45% fall in revenue in the agricultural machinery and agricultural raw materials segment, to $157 million. Revenue from production of agricultural crops fell by 20%, to $278 million. Net loss in 2017 deceased 9.4%, to $158.616 million. Assets grew by 2.8%, to $2.128 billion.
Gross profit of the company decreased 67%, to $62.6 million, earnings before interest, taxes, depreciation and amortization (EBITDA) – by 44%, to $91 million.
Total debts grew by 5.3% year-over-year, reaching $1.758 billion, and net debt rose by 6%, to $1.684 billion.
Ukrlandfarming is the largest agricultural holding in Eurasia. It is engaged in growing grains, producing eggs and egg goods, breeding cattle, distributing machinery, fertilizers and seeds.
Ukraine International Airlines (UIA, Kyiv) has expanded its fleet with the third Boeing 777-200 ER plane. The press service of the airline reported that the plane received the UR-GOC registration number. UR-GOC aircraft accommodates 361 passengers in three-class cabin configuration, i.e. Business Class, Premium Economy Class, and Economy Class.
UIA will operate the aircraft on regular routes between Kiev and New York, Beijing, and Bangkok.
In 2018, UIA has received seven planes: three long-haul Boeing 777 and four medium-haul Boeing 737-800 NG, including three planes from the Boeing plant. In Q2 and Q3 2018 the airline plans to expand its fleet with two more long-haul Boeing 777 and two Embraer 195 planes. Ukraine International Airlines was founded in 1992. It connects Ukraine with more than 50 cities and key points in Europe, Asia, America, Africa, the Middle East and the CIS countries and provides connection with the routes of partner airlines in more than 3,000 cities of the world. UIA performs more than 1,100 regular flights a week.
The fleet consists of 43 airplanes of different modifications, including 30 medium range Boeing-737 NG aircraft. One of the ultimate beneficiaries of the company is businessman Ihor Kolomoisky.
One troy ounce=31.10 grams
The new commercial vehicle market (including trucks) in Ukraine grew by almost 22% in January-May 2018, to 5,132 units, the Ukrautoprom association has reported. In May alone, the market rose by 12% year-over-year, to 1,072 units. Renault vehicles’ share of the market was one fifth (219 vehicles, which was 295 more than in May 2017).
Volkswagen was second in May with 101 vehicles sold (74% up), and Fiat was third with 100 vehicles sold (4% up).
Belarusian MAZ vehicles were fourth (98, 63% up). Ford saw a 64% rise in sales with 97 vehicles sold.
MAN, Scania, Mercedes-Benz, Russia’s GAZ and Peugeot were in the top ten vehicles sold on the Ukrainian market.
AUTO-Consulting Group said that the truck market in May almost returned to the figures of 2009 with 462 vehicles sold.
The most popular truck was MAZ (100 vehicles).
MAN was second with 16% of the market and Scania was third with 14%.
Among leaders are Ford Trucks (11%) and Volvo (6%).
