Business

Ukraine central bank buys $67.5 million in interbank FX market this week

The National Bank of Ukraine (NBU) in the period from April 13 through April 17 bought $67.8 million on the interbank foreign exchange market, while a …
Interfax-Ukraine

Business Update: April 17 – Rent breaks needed amid COVID-19 lockdown

About 30% of retail stores in Ukraine may not reopen after quarantine, experts have stated, as reported by Interfax. Many retailers are currently …
Jack Laurenson

UNIAN: Ukraine’s Economy Ministry predicts GDP to drop by 4.2% in 2020

The Ministry for Development of Economy, Trade and Agriculture predicts Ukraine’s gross domestic product (GDP) will drop by 4.2% in 2020. Read more …
UNIAN

Ukrinform: Parliament’s committee to start consideration of ‘bill on banks’ on April 21

The Verkhovna Rada Committee on Finance, Taxation and Customs Policy will start consideration of the Draft Law “On Amending Legislative Acts of …
UkrInform

Business Lockdown: Danish-Ukrainian family business loses profits, but stays hopeful

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

UK ambassador brings Ukrainian roots to the job

Melinda Simmons became the United Kingdom’s ambassador to Ukraine only in September, but she’s got ancestral roots to the country. She is one-quarter …
Brian Bonner

Corporate reorganization in Ukraine: consolidations and liquidation

The global financial crisis and the COVID-19 pandemic are impacting businesses all over the world so badly that many operations have stopped, exports …
GOLAW Law Firm

Business Update: April 16 – Better trade conditions with EU, UK on horizon for Ukraine

The European Parliament may move to improve European Union trade relations with Ukraine with the creation of a “common economic space” between the …
Jack Laurenson

Business Lockdown: Zalizniaks, immigration lawyer brothers, see ‘unique moment to grow’ business

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

Bloomberg: Ukraine’s Bakhmatyuk seeks agreement on bankrupt banks’ debt

Ukrainian businessman Oleg Bakhmatyuk, who is on the country’s wanted list, is seeking an agreement with authorities on restructuring debts at his two …
Bloomberg

Ukravtodor to complete repair of Kyiv-Kharkiv highway within Poltava Oblast in 2020

The State Agency of Automobile Roads of Ukraine (Ukravtodor) plans to complete the repair of the M-03 Kyiv-Kharkov highway within Poltava region in …
Interfax-Ukraine

Kernel allocates Hr 150 million to combat coronavirus in Ukraine

Kernel is rendering assistance to Ukrainian medical workers in the fight against the COVID-19 epidemic. The company has allocated UAH 150 mln to …
Maksim Stepanko

UNIAN: IMF confident Ukraine to meet conditions soon for launching new program

Director of the European Department at the International Monetary Fund (IMF) Poul M. Thomsen has said the Fund supports the intention of the Ukrainian …
UNIAN

Britain, Ukraine to sign new deal on free trade, strategic partnership

A few months ago, the world was a different place. Politicians, diplomats and business leaders could meet without respirator masks. Important …
Jack Laurenson

Ukrainian tech entrepreneurs in UK face uncertainty amid pandemic

Ukrainian fintech journalist and publisher Kate Shcheglova-Goldfinch calls herself a “global person.” She used to live between Kyiv and London, flying …
Daryna Antoniuk

Ukrinform: Kyivstar allocates about Hr 60 million to fight coronavirus

The national telecom operator Kyivstar has already allocated about Hr 60 million to help tackle the coronavirus in Ukraine, including Hr 30 million …
UkrInform

Associated Press: Economic pain from virus spreading quickly as the pandemic

Economic pain from the coronavirus pandemic spread even more widely April 16, weighing heavily on nations, businesses and ordinary people as countries …
Associated Press

NBU develops models of remote verification, customer identification for banks

The National Bank of Ukraine (NBU), along with the financial market’s participants, has developed complete and simplified models of remote …
Interfax-Ukraine
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