Ukraine’s intl reserves exceed $28.5 bln – head of NBU Council
Ukraine's international reserves have grown to over $28.5 billion, which is 12.6% more than as of December 1, 2020
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Founder of Prostor network intends to acquire control over FMCG distributor Euromix
The Antimonopoly Committee of Ukraine (AMCU) is considering the acquisition of AMC Prime Assets Management LLC (Dnipro), acting on behalf of and in the interests of the Closed Nondiversified Venture Capital Investment Fund Vista Business Group of businessman Vadym Tuhai,…
UEB launches natural gas trading on ‘day ahead’ market
On Tuesday, the Ukrainian Energy Exchange (UEB) launched natural gas trading on the Day-ahead market, which, together with the Within-day market, is now a component of the UEB short-term market. According to the website of the exchange, trading on the…
Govt expands Affordable Loans 5-7-9% for medium-sized companies with annual income of up to EUR20 mln
The Cabinet of Ministers of Ukraine has expanded the Affordable Loans 5-7-9% program to medium-sized businesses with an annual income of up to EUR 20 million, adopting a relevant resolution at an extraordinary meeting on December 28. As the Finance…
Ukraine orders three An-178 aircraft for army from SOE Antonov – Zelensky
The Ministry of Defense of Ukraine and state-owned enterprise (SOE) Antonov signed a memorandum of cooperation in the construction of aircraft for the needs of the Armed Forces of Ukraine. The memorandum was signed with the participation of President of…
Ukrzaliznytsia repairs almost 12,000 freight cars for 11 months
JSC Ukrzaliznytsia in January-November 2020 updated 11,903 freight cars, most of all high-sided cars were repaired – 5,953 units. According to the press service of the company, 773 platforms, 479 covered wagons, 563 tanks, 1,066 grain carriers, 411 cement carriers,…
Economy Ministry expects economy reduction by 3% in Q4, 2020
The Ministry for Development of Economy, Trade and Agriculture expects Ukraine's economy to contract by 3% in October-December 2020
Ukraine starts preparations for negotiations on FTA with Egypt, Jordan, Indonesia, China – economy minister
Ukraine has started preparations for negotiations on new agreements on a free trade area (FTA) with Egypt, Jordan, Indonesia and China, Minister of Economic Development, Trade and Agriculture Ihor Petrashko has said. "Preparations are underway for negotiations on an FTA…
Petrashko expects rapid separation of Economy Ministry, Agrarian Ministry
Minister of Economic Development, Trade and Agriculture Ihor Petrashko is counting on the rapid transformation of his department with the separation of the Agrarian Ministry. "For a short period, about a month and a half, such a distinction takes place…
In 2021 Finance Ministry gains right to change govt domestic loan bonds from additional capitalization of state-owned banks to market ones, re-purchase GDP warrants
For the first time, the Finance Ministry of Ukraine gained the right, by the decision of the Cabinet of Ministers, to exchange on market conditions government domestic loan bonds, which were previously issued to replenish charter capitals of banks, for…