Business

Head of central bank council initiates decrease in total reserves

Head of the Council of the National Bank of Ukraine (NBU) Bohdan Danylyshyn has proposed that the volume of the general reserves of the NBU is cut to …
Interfax-Ukraine

UkrInform: In July, insolvent banks receive over Hr 147 million from Guarantee Fund

Receipts of funds to banks liquidated by the Individual Deposit Guarantee Fund in January-July 2021 amounted to Hr 1,377.7 million, of which Hr 147.2 …
UkrInform

Uzbek brothers keeping the family business alive and well in Ukraine

It was a dream for Farrukh Murodov and his older brother to open their own store in Kyiv to sell dried fruits and nuts brought from their hometown in …
Asami Terajima

Ukraine, Moldova agree to strengthen trade relations

Prime Minister of Ukraine Denys Shmyhal and Prime Minister of Moldova Natalia Gavrilitsa signed an intergovernmental protocol on amendments to the …
Interfax-Ukraine

H&M plans to open in Lviv this autumn

Swedish fashion retailer H&M plans to open its first store in Lviv in Victoria Gardens shopping mall in autumn 2021. “This autumn, all shopping lovers …
Interfax-Ukraine

Forecast of real GDP growth in Ukraine downgraded to 4.5%

J.P. Morgan has downgraded the forecast of real GDP growth in Ukraine in 2021 to 4.5% from 5.6% in the April forecast, while in 2022 the country’s …
Interfax-Ukraine

Privatization of former Firtash titanium plant postponed due to lack of bidders

A massive state-owned asset was supposed to go on sale on Aug. 31, but it won’t occur until the state finds enough bidders to compete.  The State …
Natalia Datskevych

State road agency Ukravtodor appoints Kuzkin as new chief

Ukrainian state road agency Ukravtodor has appointed Eugene Kuzkin, its acting head, as its new chief, Ukraine’s Ministry of Infrastructure announced …
Daryna Antoniuk

German executives, Swiss train manufacturer to help modernize Ukrzaliznytsia

A team of executives from German state-owned railway Deutsche Bahn may manage Ukraine’s passenger rail service in 2022.  According to a deal signed on …
Max Hunder

Ukraine aims to modify green tariff to repay debt

Ukraine’s Ministry of Energy has developed a bill that would change how Ukraine’s green energy tariff works, the ministry’s press service announced on …
Dylan Carter

Ukrainian medicine is proving to be very popular with Uzbeks

Uzbekistan’s pharmacies are packed with Ukrainian medicines. In 2020, according to the State Customs Service, 25% of all Ukraine’s pharmaceutical …
Natalia Datskevych

Ambassador: Uzbekistan seeks return to glory days with Ukraine

In the heyday of the bilateral relationship, trade between Ukraine and Uzbekistan — two nations that were Soviet republics — hit $2 billion yearly as …
Brian Bonner

Wizz Air resumes flights on Kyiv-Budapest route

Hungarian low-cost airline Wizz Air has announced the resumption of flights on the Kyiv – Budapest route from September 13, 2021. “We are pleased to …
Interfax-Ukraine

EU rules may cut Nord Stream 2 capacity in half

Russia may only be allowed to use half of the capacity of its Nord Stream 2 undersea pipeline to Germany, a German regional court ruled on Aug. …
Alexander Query

Ukrinform: Belavia extends suspension of flights to Ukraine until Sept. 30

The Belarusian airline Belavia has extended the suspension of flights to Ukraine until September 30, BelTA reports with reference to the company’s …
UkrInform

Court denies ex-PrivatBank owners’ motion to dismiss Privatbank’s case against them

The Court of Chancery of Delaware (Judge Slights) has denied the motion of former owners of PrivatBank Ihor Kolomoisky and Hennadiy Boholiubov to …
Interfax-Ukraine

Finance Ministry to present bill on indirect methods of determining income in 2021

The Finance Ministry of Ukraine has initiated drafting a bill on indirect methods of determining income, the document may be submitted in 2021, …
Interfax-Ukraine

IMF gives $2.7 billion to Ukraine

The International Monetary Fund transferred $2.7 billion to the account of the National Bank of Ukraine on Aug. 23, the eve of the country’s 30th …
Anna Myroniuk
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