harvest2020

Tuesday, January 19

Ukrzaliznytsia, the workhorse of Ukrainian logistics, carried 40 million tons of cargo between Ukraine and the EU last year Ukrzaliznytsia, the workhorse of Ukrainian logistics, carried 40 million tons of cargo between Ukraine and the EU last year, the state railroad reports. One quarter of that traffic was with Poland. Ex...

Rail container traffic grew by 11% Rail container traffic grew by 11%, to 425,000 TEUs in 2020, Ukrzaliznytsia reports. The portion of traffic carried in dedicated container trains jumped by 41%, to 230,000 TEUs. Direct container train...

Chinese trains passing across Ukraine to the EU “significantly increased,” Chinese trains passing across Ukraine to the EU “significantly increased,” UZ said. Seeking to develop Ukraine as a transportation corridor, UZ is developing new EU routes with DHL Global Forwarding a...

Fueled partly by Chinese demand, Metinvest, Ukraine’s largest private company, rode strong steel prices to Fueled partly by Chinese demand, Metinvest, Ukraine’s largest private company, rode strong steel prices to report steel output growth by 9% yoy last year, to 8.3 million tons. Its Inhulets mining and ...

Looking ahead Looking ahead, Concorde Capital’s Dmytro Khoroshun writes: “We expect Metinvest to continue producing steel at daily rates of at least 23-24 kt in January-February in order to make the most of the rec...

Ukraine’ pig iron exports increased by 20% yoy last year Ukraine’ pig iron exports increased by 20% yoy last year to 3.1 million metric tons, reported Steelorbis news site. In value terms, exports rose 15% to $992 million. The biggest buyers were: US – 58.5...

Interpipe Steel said that it is the Ukraine’s first steel company to meet European Green Deal targets for 2050 Interpipe Steel said that it is the Ukraine’s first steel company to meet European Green Deal targets for 2050: its emissions do not exceed 250 kg of CO2 per ton of steel produced. This producer of st...

“Law enforcement agencies, former shadow owners and oligarchic groups” and attempting “to stop and roll back the privatization” “Law enforcement agencies, former shadow owners and oligarchic groups” and attempting “to stop and roll back the privatization” of United Mining and Chemical Company, Ukraine’s state-owned titanium pr...

Kyiv’s office vacancy rate grew to 12.5% in 2020, up from 9% in 2019, Kyiv’s office vacancy rate grew to 12.5% in 2020, up from 9% in 2019, reports NAI Ukraine, the commercial real estate consultancy. At the same time, rents dropped by an average of 20%: to $20-30 per s...

This year could be good for renters and tough for landlords. This year could be good for renters and tough for landlords. Plans call for developers to unleash 370,000 square meters of new space on the market – almost five times the 2020 amount. At the same time...

The enhanced coronavirus quarantine – or lockdown – will not be extended after Sunday night, The enhanced coronavirus quarantine – or lockdown – will not be extended after Sunday night, Prime Minister Shmygal told Interfax-Ukraine yesterday. On Monday, Ukraine returns to the milder ‘adaptive’...

The government is negotiating with six vaccine manufacturers The government is negotiating with six vaccine manufacturers with the goal of starting vaccinations one month from now, Shmygal said. Separately, UIA has said it has prepared two Boeings to transport ...

With gas prices spiking during frigid weather in Europe, Ukraine is cutting household gas prices by 30% and capping them until the end of March With gas prices spiking during frigid weather in Europe, Ukraine is cutting household gas prices by 30% and capping them until the end of March, according to a decision posted yesterday on the Cabinet...

In November, the pandemic’s peak in Ukraine, the number of people who died in Ukraine was up 35% yoy, to 63,440. In November, the pandemic’s peak in Ukraine, the number of people who died in Ukraine was up 35% yoy, to 63,440. In October, the deaths were up 17.5% reports the Civil Service. During the first 11 mon...

This reintroduction of price controls is expected to rule out Ukraine receiving an IMF aid tranche during the first quarter. This reintroduction of price controls is expected to rule out Ukraine receiving an IMF aid tranche during the first quarter. Timothy Ash writes: “Hard to see the IMF lending while this cap remains in ...

Corporate farms suffered a 14% yoy drop in crop harvests in 2020 Corporate farms suffered a 14% yoy drop in crop harvests in 2020, the State Statistics Service reported yesterday. While this export-oriented sector was hardest hit, Ukraine’s overall agricultural pro...

Wednesday, December 9

Measured in volume, grain exports are down by 14% — to 20 million tons Measured in volume, grain exports are down by 14% — to 20 million tons — since the marketing year started July 1. Corn exports are down 26% yoy, to 6 million tons. Wheat exports are down 11.5%, to 12 ...

World prices are boosting Ukraine’s earnings from the export of food, the nation’s biggest foreign currency earner. World prices are boosting Ukraine’s earnings from the export of food, the nation’s biggest foreign currency earner. World food prices rose in October and November, hitting their highest levels in six ...

Capital investment in farming dropped by 43% during the first three quarters, to just below $1 billion Capital investment in farming dropped by 43% during the first three quarters, to just below $1 billion, reported the Institute of Agrarian Economics. Citing State Statistics Data, the Institute notes ...

The Finance Ministry raised all its hryvnia bond yields above 10% yesterday and succeeded in selling six times more paper than one week earlier. The Finance Ministry raised all its hryvnia bond yields above 10% yesterday and succeeded in selling six times more paper than one week earlier. At yesterday’s auction, hryvnia bond yields went up by ...

Of the $560 million raised, about one third was from the sale of 1-year dollar bonds, which carried an average weighted yield of 3.79%. Of the $560 million raised, about one third was from the sale of 1-year dollar bonds, which carried an average weighted yield of 3.79%. By contrast, 1-year hryvnia bonds carried a yield of 11.22% With...

ICU wrote of last week’s auction ICU wrote of last week’s auction: “Foreigners are monitoring the market and watching the trend in rate increases, waiting for the optimal time to make new investments. That could be when the increase ...

The Central Bank is expected to keep Ukraine’s prime rate at the historically low level of 6% The Central Bank is expected to keep Ukraine’s prime rate at the historically low level of 6% at Thursday’s policy meeting. In a Reuters poll of 15 analysts, 14 predicted that the National Bank of Ukr...

Betting on the growth of e-commerce, Ukrposhta plans to start building a 600,000 square meters of mail and package sorting centers next year. Betting on the growth of e-commerce, Ukrposhta plans to start building a 600,000 square meters of mail and package sorting centers next year. Largely funded with EBRD and European Investment Bank loan...

Foreign tourists visiting Kyiv this year fell to 300,000 — 15% of the 2 million who visited last year. Foreign tourists visiting Kyiv this year fell to 300,000 — 15% of the 2 million who visited last year. With national tourists not filling the gap, Kyiv’s tourism industry — hotel, restaurants, nightcl...

Wizz Air restores this month many flights to the EU from Kyiv Sikorsly, Kharkiv and Lviv, Wizz Air restores this month many flights to the EU from Kyiv Sikorsly, Kharkiv and Lviv, reports the Hungary-based low-cost carrier. If a flight is cancelled due to coronavirus restrictions, Wizz Air...

Preparing to lay off 150 pilots, UIA appealed to President Zelenskiy yesterday Preparing to lay off 150 pilots, UIA appealed to President Zelenskiy yesterday,asking for a low interest loan and relief on debts owed to Ukraine’s air traffic control agency and to Boryspil Aiport, U...

Since April, UIA has processed 60% of demands for ticket returns, refunding $22 million, Since April, UIA has processed 60% of demands for ticket returns, refunding $22 million, the airline reports. Another 56,000 requests await processing. As part of personnel cuts at UIA, the airline’s ...

UIA’s sister airline, Windrose Airlines continues its expansion into the Balkans, starting flights this week from Kyiv Boryspil to Belgrade, Serbia, and from Boryspil to Skopje, North Macedonia. UIA’s sister airline, Windrose Airlines continues its expansion into the Balkans, starting flights this week from Kyiv Boryspil to Belgrade, Serbia, and from Boryspil to Skopje, North Macedonia. In re...

With snow forecast for much of Ukraine tomorrow, 99% of the 2021 harvest is in With snow forecast for much of Ukraine tomorrow, 99% of the 2021 harvest is in, reported the Ministry of Economy, Trade and Agriculture. Harvested from 24 million hectares, an expanse the size of Brit...