Ukrainian tycoons lose ranking in Forbes’ annual list of world’s richest
Ukraine’s richest billionaire Rinat Akhmetov attends a training session of his soccer club Shakhtar Donetsk in Donetsk on Dec. 4, 20
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Read MoreUkrainian tycoons lose ranking in Forbes’ annual list of world’s richest
Business Lockdown: Agriculture executive Desthieux’s firm may lose all harvest
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…
Advisor to President’s Office head proposes buying govt bonds from banks on repo transactions at low rate
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)…
Ukrnafta supervisory board agrees extending amicable agreement on settling issue of gas in UGS until Aug 1
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, Chinese operator Cainiao Network launch cargo flights to Ukraine
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…
NBU predicts tough macroeconomic scenario without IMF program
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…
World Bank predicts decline in Ukraine’s GDP by 3.5% in 2020
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…
Business Lockdown: French Renault Ukraine executive wishes ‘bon courage’ to business
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…
Business Update: April 9 – COVID-19 inflicts pain on Ukrainian companies
Staff of Nova Poshta works at the logistic center outside of Kyiv on April 8, 2020
New proposal on green energy submitted to Ukrainian govt – Energy Community
Two renewable energy associations party to the dispute about changes to the support scheme in Ukraine have submitted an updated proposal to the government of Ukraine for the solution of the dispute, and the parties in the dispute should move…