Ukrainian companies owe Russia over a billion dollars

The debt of private companies in Ukraine to Russia by July 1 amounted to more than a billion dollars more than a billion dollars, follows from the data of the National Bank of Ukraine.

Since the beginning of the year, the share of Russia in the geographical structure of the real sector's debt on non-guaranteed loans has increased from 2.5 to 2.6 percent. The country is among the top ten creditors for Ukrainian enterprises.

The total debt of private companies in Ukraine in the first half of the year amounted to almost 44 billion dollars. They owe the most to Cyprus (about 21 billion), followed by the United Kingdom and the Netherlands. Russia was in eighth place of the main creditors. The main currency of borrowing is dollars (more than 62.2 percent), about a quarter of loans are accounted for by the euro.

At the end of November, the Ukrainian State Statistics Service calculated that arrears in the payment of salaries in the country as of November 1 amounted to more than four billion hryvnias ( about $ 150 million). This figure is 50 percent more than at the beginning of the year. More than three quarters of the debt fell on industry (76.50 percent). More than half of the total debt is concentrated in Donetsk (25.1 percent), Kharkiv (13.2 percent), Dnipropetrovsk (11.9 percent) regions and Kiev (13.6 percent).

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