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Ukraine’s oil, gas companies show fastest growth in 2016, ministry says
Journal Staff Report

KYIV, Aug 22 – Oil and gas companies showed the fastest growth in 2016 among 94 largest state-owned enterprises in Ukraine, boosting net revenue by 46.8% year-over-year, to UAH 192.9 billion, the Economic Development and Trade Ministry said in a report.

"The most profit-making assets are national joint-stock company Naftogaz Ukrainy, Ukrenergo, Ukrainian Sea Port Authority, Ukrhydroenergo, Pivdenne (Yuzhnoye) Design Bureau (Dnipro). These enterprises are operating on the regulated markets with restricted competition," First Deputy Economic Development and Trade Minister Maskym Nefyodov said at a briefing in Kyiv.




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