Business news from Ukraine

Business news from Ukraine

UKRAINIAN GRAIN ASSOCIATION PREDICTS GROWTH IN GRAIN, OILSEEDS PRODUCTION IN UKRAINE TO 95.2 MLN TONNES

The Ukrainian Grain Association (UGA) in its August forecast predicts growth in grain and oilseeds production in the country in the 2019/20 agricultural year to 95.2 million tonnes (the previous forecast had 94.7 million tonnes), and exports – to 58.2 million tonnes (56.9 million tonnes).
According to the information on the association’s website, in the context of crops, changes relate to: wheat production is projected at 27.7 million tonnes (against 28.9 million tonnes in the previous forecast), exports – 21 million tonnes (20 million tonnes); barley production – 8.6 million tonnes (8.4 million tonnes), exports – 4.7 million tonnes (4.9 million tonnes); corn production – 34.5 million tonnes (32.2 million tonnes), export – 27 million tonnes (26 million tonnes).
As reported, the Ministry of Agricultural Policy and Food of Ukraine predicts an increase in the grain harvest in 2019 under favorable conditions up to 70.8 million tonnes compared with 70.1 million tonnes in 2018.
The U.S. Department of Agriculture (USDA) predicts a grain harvest in Ukraine this year at 72.6 million tonnes, exports – 51.4 million tonnes.

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PRIVATBANK AND UKRGASBANK RESUME CREDITING TO SUPPORT HOUSING ENERGY EFFICIENCY

The State Agency of Ukraine on Energy Efficiency and Energy Saving has signed supplement agreements on cooperation with PrivatBank and Ukrgasbank under the program of “warm credits” issued to individuals for energy-efficient modernization.
“The State Agency of Ukraine on Energy Efficiency and Energy Saving signed supplement agreements with PrivatBank and Ukrgasbank on co-investment of government-issued UAH 380 million for heating,” a press service of the agency said.
It will make possible for 3,000 associations of multi-apartment block co-owners, and that is over 230,000 families, to use these loans.
As reported, in June 2019 Cabinet of Ministers additionally issued UAH 380.6 million for “warm loans” program for the associations of multi-apartment block co-owners.
Previously PrivatBank reached ceiling on issue of loans to the multi-apartment block co-owners, Oschadbank and Ukrgasbank run out of issue of loans for private households.

MYKOLAIVOBLENERGO TO BUILD POWER DISTRIBUTION SUBSTATION

Mykolaiv-based Svitlolux-Elektromontazh LLC by the end of 2019 is going to build a power distribution substation 35 kV to connect it to a solar power plant Solar South 1 with a capacity of 19.2 MW (Vitovsky district of Mykolaiv region) on the territory of JSC Mykolaivoblenergo.
According to ProZorro, the parties signed a respective agreement worth UAH 2.4 million on August 8.
According to the Single Register of Legal Entities and Individual Entrepreneurs, Solar South1 belongs to Solar Generation company, which owned by France Bonté.

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REGIONAL STRUCTURE OF RETAIL TURNOVER OF RETAIL TRADE IN JAN–JUNE, 2019

Regional structure of retail turnover of retail trade in jan–june, 2019

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CHANGES IN CURRENCY EXCHANGE RATES, UAH/RUB, 03.06.19.-31.07.19.

Changes in currency exchange rates, uah/rub, 03.06.19.-31.07.19.

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CHANGES IN CURRENCY EXCHANGE RATES, UAH/EUR, 03.06.19.-31.07.19

Changes in currency exchange rates, uah/eur, 03.06.19.-31.07.19

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