Business

S&P Global Ratings has lowered its long-term issuer credit rating on Ukrzaliznytsia to 'CCC' from 'B-', S&P has said in a press release. "We now view Ukrzaliznytsia's liquidity as weak, because we believe that COVID-19-related challenges could limit its access…

Ukraine’s richest billionaire Rinat Akhmetov attends a training session of his soccer club Shakhtar Donetsk in Donetsk on Dec. 4, 20

Romain Desthieux, general manager of Mas Seeds Ukraine, poses for a picture. Mas Seeds Ukraine is a subsidiary of Maïsadour Cooperative Group, the main agricultural cooperative in southern France. Founded 10 years ago, Mas Seeds Ukraine is the biggest subsidiary of the group with more…

The advisor to the head of the Presidential Office of Ukraine on banking, a member of the supervisory board of Ukreximbank, Viktoria Strakhova, initiates a discussion on possible "quantitative easing" measures and proposes that the National Bank of Ukraine (NBU)…

The supervisory board of PJSC Ukrnafta has agreed the extending until August 1, 2020 of the implementation with Naftogaz Ukrainy of an agreement for the sale and purchase of natural gas in the amount of 2.0

Ukrposhta JSC and the Chinese international logistics operator Cainiao Network, part of the Alibaba Group, launch cargo flights to Ukraine. Such cooperation will reduce the delivery time of orders from AliExpress under quarantine. Air routes started from the cities with…

The National Bank of Ukraine (NBU) predicts a tough macroeconomic scenario without signing a new EFF program with the International Monetary Fund (IMF), including in terms of falling GDP, the regulator reported on Facebook. "The National Bank will present an…

The World Bank predicts a decline in Ukraine's economy in 2020 by 3.5% of GDP with a further increase of 3% of GDP in 2021, according to the April review of the bank. According to the survey, the bank also…

Francois Mariotte is the managing director of Renault Ukraine, a subsidiary of French manufacturer Renault and the leading player in the Ukrainian automotive industry. Share Tweet Pocket Add to Bookmarks Editor’s Note: Ukraine’s businesses are struggling after the country introduced…

Staff of Nova Poshta works at the logistic center outside of Kyiv on April 8, 2020