Business news from Ukraine

UKRAINE INCREASES REVENUE FROM ELECTRICITY EXPORT, KEY CLIENTS – HUNGARY, POLAND, MOLDOVA

10 April , 2019  

Ukraine in January-March 2019 increased revenue from exports of electricity by 22.2% or $17.895 million compared with January-March 2018, to $98.366 million, including $33.798 million in March alone.
Hungary bought electricity worth $58.014 million, Poland $22.13 million, Moldova $13.635 million, other countries $4.587 million, Ukraine’s State Fiscal Service has said.
Over the period under review, Ukraine imported electricity worth $0.263 million, in particular, electricity imports from the Russian Federation were estimated at $0.249 million, from Belarus at $0.012 million, from Moldova at $0.002 million.
As reported, Ukraine in 2018 exported electricity worth $331.942 million. Hungary bought electricity worth $189.958 million, Poland $78.763 million, Moldova $53.144 million, and other countries $10.078 million. Exports of Ukrainian electricity in monetary terms in 2018 increased by 40.9% compared to 2017.
Ukraine increased electricity exports by 19.3% or 999.4 million kWh in 2018, to 6.166 billion kWh.
According to the forecast, Ukraine in 2019 plans to export 6.42 billion kWh of electricity, and this is slightly more than in 2018 (6.2 billion kWh).

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