Business

Business Update: April 22 – EU allocates 1.2 billion euros for Ukraine, Zelensky wants Antonov airline

The European Commission has allocated 1.2 billion Euros to Ukraine to fight the economic consequences of COVID-19. The EC, which is the executive …
Jack Laurenson

Ukraine increases agricultural products export by 6%

Ukraine in January-March exported agricultural products for $5.7 billion, which is 6% more than a year ago, the Ukrainian Agribusiness Club (UCAB) has …
Interfax-Ukraine

Business Lockdown: Marketer Fedoriv believes ‘entrepreneurs will save this country’

Editor’s Note: Ukraine’s businesses are struggling after the country introduced nationwide restrictions on movement and travel starting on March 12. …
Alexander Query

Reuters: Oil hits two-decade lows on low demand, storage woes

NEW YORK – Brent crude futures plunged 25% on April 21 to the lowest in nearly two decades, a day after panicked traders sent U.S. oil below minus $40 …
Reuters

Reuters: Ukraine central bank to cut rates as coronavirus recession looms

Ukraine’s central bank is likely to cut its main interest rate this week to make loans cheaper for businesses and minimise the severity of a looming …
Reuters

UNIAN: Expert elaborates on effect of global oil prices plunge on Ukrainian market

Director for economic programs of the Ukrainian Institute for the Future (UIF) Anatoliy Amelin says the rapid fall in prices of U.S. WTI oil and …
UNIAN

Business Update: April 21 – Online retail grows, house prices up

Online commerce has grown amid the COVID-19 pandemic and with Ukraine now in its sixth week of quarantine measures it’s no different here. The online …
Jack Laurenson

UNIAN: State procurement worth from $1,838 to be held via ProZorro from April 19

Ukraine’s state-owned enterprise ProZorro says a new version of the law on public procurement came into force on April 19, which provides for a …
UNIAN

NBU to approve new regulation on financial monitoring for banks by end of April

The National Bank of Ukraine (NBU) will approve a new regulation on financial monitoring for banks by the end of April, the need for which is …
Interfax-Ukraine

UNIAN: Ukraine’s hryvnia strengthens to Hr 27.08 to US dollar on April 21

The National Bank of Ukraine (NBU) has set the official forex rate for April 21 at Hr 27.08 to the U.S. dollar, which let the country’s national …
UNIAN

Bloomberg: What happens when bread is scarce and grain exporters speak up

When it comes to bread, the conversation can become politically charged very quickly. From the French Revolution to the Arab Spring, price rises …
Bloomberg

Business Update: April 21

18,700 jobless as DTEK suspends operations at 10 coal mines Lower demand, compounded by the COVID-19 pandemic, forced the move, reports Coal …
Brian Bonner

As coronavirus cancels sporting events, esports plays offense

Just hours before the tournament’s start in Katowice, Poland, organizers received some bad news. Concerns about the novel coronavirus were growing by …
Artur Korniienko

Business Recorder: Ukrainian wheat prices hit season’s high on strong demand

Ukrainian wheat export prices have risen to this season’s high amid strong demand from foreign buyers, APK-Inform agriculture consultancy said on …
Business Recorder

UNIAN: Ukraine boosts agri-exports to $5.7 billion in 3 months

Ukraine boosted exports of agricultural products to $5.7 billion in January-March, which was 6% up year-over-year. Read more here.
UNIAN

UNIAN: Hryvnia becomes stronger pending Easter holidays

The National Bank of Ukraine (NBU) on April 17, set the official forex rate of the Ukrainian hryvnia against the U.S. dollar at Hr 27.07 per U.S. …
UNIAN

ProZorro updates rules to enhance openness of public procurement in Ukraine

Starting April 19, Ukrainian public e-procurement system ProZorro, which has saved the country nearly $4 billion over the four years of its existence, …
Natalia Datskevych

Ukraine exports 48.7 million tonnes of grain

Ukraine since the beginning of the agricultural year 2019/2020 (July-June) and as of April 17, 2020 had exported 48.7 million tonnes of grain and …
Interfax-Ukraine
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