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GISMETEO.RU
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Industrial output to rise 6% next year, according to economy ministry
Journal Staff Report

KIEV, Sept. 6 - Industrial output in Ukraine will increase 6% next year, the Economy Ministry said.

"The main engine for economic development in 2011 will be the active expansion of investment demand. Growth of gross accumulated fixed capital will speed up to 12.4% (versus the 6.8% expected in 2010) and its share in the structure of GDP will rise to 20.2% (from 18.5% in 2010)," the ministry says.

Investment activity will support the growth of production and the improvement of companies' financial condition: balanced net profits at companies in 2011 are expected to be UAH 89.9 billion versus UAH 16.6 billion in 2010, the ministry forecasts.




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