DTEK intends to open investment hub in UK for new Ukrainian energy sector
The energy company DTEK is creating an investment hub for the new Ukrainian energy sector in London, which is scheduled to start operating at the end of the first half of 20
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Over 7,500 entrepreneurs uses Affordable Loans 5-7-9% program – PM
More than 7,500 entrepreneurs throughout Ukraine have already used the Affordable Loans 5-7-9% program, and in 2021 it will continue and expand, Prime Minister Denys Shmyhal has said. "As of now, more than 7,500 different businesses across the country have…
Nestle announces launch of product line in Ukraine in partnership with Starbucks
Nestlé, one of the world's largest food manufacturers, has announced the launch of a product line in Ukraine in partnership with the Starbucks brand. "As part of partnership between the two companies, a line of coffee for making at home…
NEURC to establish monitoring of contracts in electricity market between affiliated participants
The National Energy and Utilities Regulatory Commission of Ukraine (NEURC), at a meeting on January 6, approved a draft resolution on the mandatory provision of information on bilateral agreements in the electricity market by those entities that are part of…
United States intends to promote energy sector reform in Ukraine – embassy
U.S. Chargé d'Affaires Kristina Kvien during an online meeting with Acting Energy Minister Yuriy Vitrenko confirmed the U.S. intentions to help reform the energy sector in Ukraine, the U.S. Embassy in Ukraine said. "Constructive meeting with acting Minister of Energy…
NBU orders banks to control evaluation of property received as collateral
The National Bank of Ukraine (NBU) has improved the requirements for organizing a risk management system in banks and banking groups, including obliging banks to control the evaluation of property received as collateral, the NBU press service has said. The…
Everyone is still dissatisfied – Energy Minister about situation on electricity market
The current situation on the electricity market does not work for the majority of its participants: both producers and consumers, although there are certain positive achievements for them, Energy Minister Yuriy Vitrenko said. "The price of electricity for domestic consumers…
Ukrainian malls to lose about UAH 1.5-2 bln of lease payments due to lockdown in Jan – opinion
Ukrainian shopping and entertainment centers for two weeks of January lockdown will not receive UAH 1
World Bank improves forecast for Ukraine’s economic growth in 2021 to 3%
The World Bank revised upward its forecast for Ukraine's gross domestic product (GDP) growth in 2021 to 3%, while early October it estimated the prospects for recovery to be twice as modest – at 1.5%. According to the January 2021…
About 20% of territorial communities, two regions have no budgets for 2021 – Finance Ministry
Some 266 merged territorial communities (18%) have no local budgets for 2021, two regions are left without regional budgets, and 27 districts are without district ones, in total 81% of local budgets have been approved, the Ministry of Finance said.…