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Ukraine agriculture feeds its economy

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In 2011, the agricultural production increased by 17.5% year over year, reported the State Statistics Service. The highest growth was seen in the north eastern Ukraine (Kharkiv, Poltava, and Symy regions). Interestingly, both agricultural firms and households experienced production growth of 23.8% and 12.3%, respectively. In 2011, the agricultural profit rose by 52.3% year over year to UAH 19.8bn (USD 2.5bn), the State Statistics Service has reported. The level of profitability as a whole was...

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