Business

Seven out of ten members of the monetary policy committee (MPC) of the National Bank of Ukraine (NBU) supported the maintenance of the refinancing rate at 7.5% on June 16, three more committee members proposed to act more decisively and…

Gazprom has again refused to book additional transit capacity via Ukraine for July despite the upcoming major repairs on export gas pipelines, according to data of the Regional Booking Platform. Gas Transmission System Operator of Ukraine LLC on Tuesday put up…

The level of the shadow economy in Ukraine in 2020 amounted to 30% of the official GDP, compared with 27% of GDP in 2019, according to the analytical note of the Ministry of Economy. "According to preliminary estimates, the level of the shadow…

The Cabinet of Ministers of Ukraine by resolution No. 659 of June 29 has extended the current mechanism of public service obligations (PSO) to provide electricity to the population and kept the current price for household consumers at UAH 1.68/kWh…

Naftogaz Ukrainy is ready to take ownership and management of state-owned combined heat and power plants (CHPP), head of the company Yuriy Vitrenko said in an interview with Interfax-Ukraine. "Next, there are state-owned thermal power plants, which are owned by…

 The European Bank for Reconstruction and Development (EBRD) has improved its forecast for the economic growth in Ukraine in 20

The enterprises of Group DF International, the Austrian holding, owned by Dmytro Firtash, continue to operate, despite the sanctions imposed after the decision of the NSDC by the decree of the president of Ukraine against Firtash and one of the…

Ukrainians are actively switching to non-cash payments – 48% of citizens began to pay cashless more often than a year ago. So, according to a study of the attitude of Ukrainians to non-cash payments, carried out by InMind for Mastercard…

Ukrainian designer Ksenia Schnaider poses for a photo with a patchwork denim jacket in the company’s factory on June 10, 20

A general view on the Vsi Svoi store on Khreshchatyk Street. The State Fiscal Service conducted searches in the stores and warehouses of Vsi Svoi, a chain of stores that sells Ukrainian-made goods, on June 23.  The officials suspect the…