KYIV, May 22 - Electricity production in the united power grid of Ukraine in January-April 2018 increased by 2.3% (by 1.285 billion kWh) compared to January-April 2017, to 56.535 billion kWh, the Ministry of Energy and Coal Industry reported.

KYIV, May 22 – The increase in the ferrous scrap export duty from EUR 30 per tone to EUR 42 per tone and its extension for another year could halt scrap exports and cut the volume of scrap production in Ukraine, state-owned enterprise (SOE) Derzhzovnishinform has said in a press release.

KYIV, May 22 – The nationalized PrivatBank could be ready for the privatization no earlier than 2022, Head of the supervisory board Engin Akcakoca has said.

KYIV, May 23 - Ukraine increased electricity exports 8.8% in January-April 2018 year-on-year to 2.189 billion kilowatt-hours (kWh), the Ministry of Energy and Coal Industry reported.

KYIV, May 23 – Concorde Capital predicts the acceleration of the restoration of the Ukrainian economy in 2018 along with the active growth of domestic consumption, Concorde Capital Head Ihor Mazepa said.

KYIV, May 22 – Not enough pace of reforms in key economic directions threaten Ukraine with default and currency crisis, which could result into the political crisis before holding the presidential and parliamentary elections in 2019, according to economists from VoxUkraine Project and the Kyiv School of Economics (KSE).

KYIV, May 22 – The consumer confidence of Ukrainians improved in April 2018: the Consumer Confidence Index equals 61.3, which is 3.7 points higher than the indicator in March 2018, GfK Ukraine has said in its monthly study.

KYIV, May 23 – The decision to merge by transport business GE Transportation and Wabtec Corporation, a leading global supplier of equipment, systems and elements for railway transport, would not affect cooperation with Ukrzaliznytsia, President and CEO General Electric Transportation Rafael Santana told acting Ukrzaliznytsia Board Chairman Yevhen Kravtsov.

KIEV, May 22 – Ukraine’s retail sales rose by 5.8% in January-April compared with the same period in 2016, the State Statistics Service reported Monday.

KIEV, May 22 - Ukraine’s reserves of anthracite coal fell 0.4% over the past seven days, or by 1,500 metric tons, to 422,000 mt as of May 22, compared with 423,500 mt as of May 15, the energy and coal industry ministry reported Monday.