Business

Inflation in Ukraine rises above 10% for first time in three years

Ukraine’s annual inflation rate has grown to 10.2% in July, exceeding 10% for the first time since 2018, the National Bank of Ukraine …
Dylan Carter

State tax and labor services crack down on $18 billion in shadow salaries

For businesses in Ukraine, avoiding taxes has long been one of the ways to remain competitive and circumvent bureaucracy. Businesses still frequently …
Asami Terajima

Inflation in Ukraine up to 10.2% in July

The growth of consumer prices in Ukraine in annual terms in July 2021 accelerated to 10.2% from 9.5% in June, the State Statistics Service has …
Interfax-Ukraine

Fitch improves Ukraine’s economic outlook from ‘stable’ to ‘positive’

Fitch Ratings, a leading international rating agency in the U.S., has improved Ukraine’s economic outlook from “stable” to “positive” according to a …
Dylan Carter

Average price of gas imported to Ukraine reaches highest price in 6,5 years

Natural gas to the territory of Ukraine in July was imported at an average price of $357.32 (Hr 9,747) per 1,000 cubic meters, the Ministry of Economy …
Interfax-Ukraine

Only 24% of state-owned companies profitable in Ukraine

Out of a total 3,332 state-run enterprises, of which 1,369 are functioning, only 802 enterprises (24%) are profitable, according to “Economic Truth’s” …
Dylan Carter

Ukraine’s space industry goes after private money

When massive fires broke out in the Chornobyl exclusion zone in April 2020, state officials only sounded the alarm when the smoke reached Kyiv, …
Daryna Antoniuk

Fitch revises Ukraine’s outlook to positive

Fitch Ratings has revised the Outlook on Ukraine’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to positive from stable and affirmed the IDR …
Fitch Ratings

Firtash stripped of titanium sponge plant, promises to fight back

Europe’s only titanium sponge plant is now fully owned by the state after a Zaporizhzhia court stripped fugitive oligarch Dmytro Firtash of his …
Natalia Datskevych

EBRD lends $20 million to Winner Group to develop electric car market in Ukraine

The European Bank for Reconstruction and Development, Ukraine’s largest international financial investor, wants to help Ukraine develop its …
Alexander Query

Ukraine’s energy group hires US law firms to lobby against Nord Stream 2 

The completion of Nord Stream 2 is nearly a fait accompli, but Ukraine’s largest energy lobby won’t give up without a fight.   The Ukrainian …
Alexander Query

Ukraine’s gas transmission profit plummets as oligarch Firtash doesn’t pay debts

Ukrainian Gas Transmission System Operator (GTSO) saw its profit plummet as a result of a staggering $297 million debt from one of Ukraine’s richest …
Alexander Query

Gazprom cuts gas deliveries to European storage facilities

Russian state-owned gas producer Gazprom has temporarily ceased nearly all its deliveries to storage facilities in western Europe. Interfax reports …
Max Hunder

Shell to open one of its largest sites in Ukraine in Bila Tserkva

Bila Tserkva, July 30, 2021: Shell opens its rejuvenated site 4221 in Bila Tserkva, which is one of the largest in the company’s network in Ukraine. …
Shell Retail Ukraine

Japan allows import of Ukrainian poultry and eggs

Japan on August 2 lifted the ban on the export of Ukrainian poultry and eggs, introduced in December 2020 in connection with the spread of pathogenic …
Interfax-Ukraine

LPG prices reach new high in Ukraine

The average price of liquid petroleum gas in gas stations on Aug. 3 reached a new record high at Hr 16.89 per liter. Gas stations Prime, Chipo, …
Dylan Carter

Average price per hectare reaches $1,490

The average price per hectare of farmland has reached $1,490 (Hr 40,000) with 3,498 of land agreements having been concluded as of Aug. 3. The total …
Kvitka Perehinets

Revival of ‘revenue houses’ in Kyiv

Revenue houses were very popular in Kyiv at the turn of the 20th century. Precursor to modern apartment buildings, entrepreneurs invested in the …
S1 Terminal project
Repeater ? Photo cut-in with a button ? Photo cut-in without button ? Full-width cut-in with buttons ? Blockquote with button ? Social link to Twitter ? Stories with manual related posts ? Stories with related posts in chosen category ?