Enterprises and organizations in Ukraine in 2018 raised profit from ordinary activities before taxation by 23.6%, to UAH 353 billion, while in 2017 the figure was UAH 285.6 billion, according to the State Statistics Service of Ukraine.
According to the service, in 2018, profitable Ukrainian enterprises received UAH 579.96 billion of profit, which is 4.1% more than in 2017.
At the same time, 22.9% of enterprises posted a negative financial result. Their losses in 2018 decreased by 16.4% compared to 2017, to UAH 227 billion.
The launch of the Antares carrier rocket, created by the American Orbital ATK Corporation with the participation of Ukrainian enterprises, has been carried out from the NASA Wallops Flight Facility in the United States, Ukrainian ambassador to the U.S. Valeriy Chaly has said. The Antares rocket is a successful example of interaction between the Ukrainian and U.S. space companies in the field of peaceful space exploration, the ambassador said on his Facebook page.
“Thus, the main construction of the first degree rocket was developed by the Yuzhnoye Design Bureau and manufactured at the Makarov Southern Machine-Building Plant in cooperation with the Ukrainian enterprises Khartron-Arkos, Khartron-UKOM, Rapid, etc. Ukrainian specialists took an active part in the tests of Antares, which were conducted in the United States,” Chaly said.
“It is this rocket that should deliver the Cygnus automated cargo spacecraft to the International Space Station,” he added.
The ambassador recalled that in June 2018, the American company Orbital ATK, Ukraine’s partner in this project, became a division of one of the most powerful defensive corporations in the United States — Northrop Grumman Inc.
As a result of the next wave of privatization, investors who are ready to invest in their development of Ukrainian companies should become their new owners, EBRD Managing Director for Eastern Europe and the Caucasus Francis Malige is convinced.
Our task is to organize privatization in such a way that a real investor who will invest money will come, we need to prepare this process, he told Interfax-Ukraine.
On the one hand, it is unacceptable that sometimes this process takes so much time, but on the other hand – I would not want to see that the new owners of the companies have nothing to do with them, investors should be real, Malige noted.
As reported, in early 2018 the working group on privatization was updated. It included representatives of the Reforms Delivery Office under the Cabinet of Ministers of Ukraine, SAGSUR, the World Bank, the EBRD, the International Monetary Fund, the USAID, and the EU Delegation to Ukraine.
The working group was renewed to effectively coordinate the authorities, prepare recommendations and proposals for the draft resolutions of the Cabinet of Ministers on privatization and conditions of the sale of public property, attract international financial and technical assistance to prepare for privatization and put up the objects for sale and analyze the main problems of ensuring transparent and competitive privatization.
EBRD, FINANCE DEVELOPMENT, INVESTORS, OWNERS, PRIVATIZATION, UKRAINIAN ENTERPRISES
