Electricity consumption in Ukraine in January and February 2019, taking into account in-process consumption in power grids, increased by 0.7% (by 187.4 million kWh) compared to the same period last year, to 28.442 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Without taking into account in-process consumption, electricity consumption in January and February 2019 rose by 0.8% (by 177 million kWh), to 22.332 billion kWh.
The country’s industry, excluding in-process consumption, decreased electricity consumption by 1.9%, to 8.679 billion kWh. Metallurgical industry consumed 4.905 billion kWh (1.1% down compared to January and February 2018), fuel industry some 613.9 million kWh (2.5% less), machine building industry some 781.1 million kWh (1.8% less), chemical and petrochemical sectors some 460.9 million kWh (17.2% less), food and processing industries some 746.4 million kWh (4.6% more), the sector of construction materials some 282.1 million kWh (11.1% less), and others some 889.8 million kWh (1.9% more).
In addition, agricultural enterprises consumed 625.9 million kWh (4.6% more), transport companies some 1.278 billion kWh (0.6% more), and construction enterprises some 216.2 million kWh (8.1% more).
In January and February 2019, the country’s population consumed 7.015 billion kWh (1% up), household consumers some 3.003 billion kWh (0.8% more), and other non-industrial users some 1.516 billion kWh (15.1% more).
One troy ounce=31.10 grams
Ukrainian metallurgical enterprises in February 2019 increased steel production by 5% compared to the same period in 2018, to 1.689 million tonnes, staying on 13th place in the ranking of 64 countries, the major global manufacturers of these products, compiled by the World Steel Association (Worldsteel).
A decrease in steel production in most of the top ten countries, except for China, India, the United States and South Korea was recorded in February.
The top ten producer countries in February are as follows: China (70.988 million tonnes, an increase of 9.2%), India (8.738 million tonnes, a rise of 2.3%), Japan (7.743 million tonnes, a drop of 6.6%), the United States (6.896 million tonnes, an increase of 4.6%), South Korea (5.471 million tonnes, a rise of 1.1%), the Russian Federation (5.23 million tonnes, a fall of 4.4%), Germany (3.12 million tonnes, a decrease of 9.4%), Brazil (2.662 million tonnes, a fall of 1.7%), Turkey (2.635 million tonnes, a drop of 12.5%), and Italy (2.046 million tonnes, a fall of 2.7%).
They are followed by Iran (2.015 million tonnes, an increase of 21.7%), Taiwan (1.815 million tonnes, a rise of 22.5%), and Ukraine (1.689 million tonnes, a rise of 5%).
The net profit of private joint-stock company AVK confectionary factory (Dnipro), the large confectionary producer in Ukraine, fell to UAH 42,000 in 2018 from UAH 330,000 in 2017.
According to a company’s announcement in the information disclosure system of the National Commission for Securities and the Stock Market on holding the general meeting of shareholders on April 26, its assets last year fell by 1.2%, to UAH 565.72 million.
The retained earnings grew by 6.1%, to UAH 110.97 million.
Current liabilities fell by 2.3%, to UAH 311.38 million, and total receivables decreased 6.25, to UAH 307.34 million.
The company plans to send its net profit for 2018 to replenish working capital to cover losses for the previous periods.
AVK group of companies was founded in 1991. Now it produces goods at a confectionery factory in Dnipro. It also owned factories in Donetsk and Luhansk, control over which was lost.
Private joint-stock company Philip Morris Ukraine, a large tobacco company in Ukraine, saw a 3.4-fold rise in net profit in 2018 compared with 2017, to UAH 2.147 billion.
According to a company report in the information disclosure system of the National Commission for Securities and the Stock Market on holding the general meeting of shareholders on April 26, its assets last year grew by 5.7%, to UAH 10.51 billion.
The retained earnings soared eightfold, to UAH 2.374 billion. Total receivables grew by 10.4%, to UAH 7.475 billion.
The company plans to leave profit for 2018 in the company until the shareholders made a decision to pay dividends.
As reported, Philip Morris International Inc. cut shipments of cigarettes in Ukraine by 8.8% in 2018.
Philip Morris International is one of the world’s largest manufacturers of tobacco products. It produces cigarettes in more than 50 factories, sells them in 180 countries.
In Ukraine, it has been working for more than 20 years. Its production facilities are based in Kharkiv region.
