UACRR ended 2017 with the new royalty collections record!

Ukrainian Agency of Copyright and Related Rights ended 2017 with the biggest increase in royalty collected in its history! This year UACRR reached the record-breaking point in royalty collections, resulting in UAH 62 mln., which is by 25 percent (or UAH 12.5 mln.) higher than in 2016. The final calculations of royalty collections, distribution and payment in the very beginning of 2018 will definitely show the new record breaking figures.

UACRR’s Interim Director General Mr.Dmytro Kostiuk summarized this year in his column on “New time. Business” web site:

– Our team realizes that we can go on Christmas holidays with the feeling of the well spent year. It was pretty effective, I would say. However it is a result of consistent and hard work of our small team. Which I am really thankful to, – Mr.Kostiuk said.

Continued support and cooperation of our umbrella organization CISAC played a very important role in UACRR’s achievements throughout 2017.