OREANDA-NEWS. On 17 August 2009 was announced, that industrial production in Ucraine decreased 26.7% yoy, the State Statistics Committee said this morning. The decline was the lowest drop this year, less steep than the 27.5% yoy drop in June and 31.8% yoy declines in May and April. In month-on-month terms, industrial output grew 4.9% in July.

Concorde Capital: Much of July’s growth was due to the staggering increase in metallurgy output (+15.3% mom) and utilities (+11.8% mom), whereas other sectors were sluggish – food processing decreased 3.3% mom, chemicals and petrochemicals lost 5.3% mom, while machine building shed 2.0% mom.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.