News

Ukraine increases grain exports to Saudi Arabia to 1 mn t

Exports of Ukrainian grain to Saudi Arabia will grow to 1 million tonnes, according to negotiations among top officials in Ukraine’s Agricultural-Industrial Complex and the Royal Kingdom of Saudi Arabia at the 22nd International AGRO 2010 Agricultural Industry Exhibition in Kyiv.

Ukraine’s steel industry output up 20% over Jan-May 2010

Over January–May 2010, Ukrainian steelmakers increased output of their main commodities by 19–21% compared to the same period of 2009.

May sees 0.6% deflation in consumer prices

In May 2010, Ukraine saw consumer prices contract by 0.6%, according to a statement released by Derzhkomstat, Ukraine’s official statistics agency.

Ukraine’s industry needs US $25 billion in investment annually

Ukraine’s industry needs US $25 billion in investment every year, although the actual amount being injected is around 10 times less, according to Industrial Policy Minister Dmytro Kolesnykov.

NBU achieves positive surplus figures

The National Bank of Ukraine has achieved positive figures for the first time since 2003 in both the trade balance and in the payment balance of the financial account.

Zaporizhzhya metallurgy enterprise purchased by Russian investors

The Zaporizhzhya-based open joint-stock company Zaporizhstal metallurgic enterprise has been sold to a group of Russian investors.