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The Ministry of Finance of Ukraine proposes to triple – from UAH 10 to UAH 30 per tonne – the rate of the environmental tax on carbon dioxide emissions, the corresponding provision is contained in the so-called "resource bill" drafted…
S&P Global Ratings has downgraded JSC Ukrainian Railways (Ukrzaliznytsia) from "B-" to "CCC" on increased refinancing risk. "Ukrainian Railways JSC's $116 million loan with a local bank matures on May 30, 20
The Turkish fashion-retailer LC Waikiki plans to open a store in the shopping and entertainment center RayON in Kyiv early August. "On April 19, 2021, the Arricano company and the famous Turkish fashion brand LC Waikiki signed a new agreement…
Sales of meat for slaughter (in live weight) in Ukraine in January-March 2021 decreased 6.2% compared to January-March 2020, to 799,600 tonnes, milk production fell by 4.9%, to 1.75 million tonnes, eggs – by 13.7%, to 3.24 billion pieces, the…
Applications for assistance to business and its employees from the "red" zones in the amount of UAH 8,000
The Ministry for Development of Economy, Trade and Agriculture of Ukraine has proposed that a zero quota is set for the export of sunflower seeds from May 15 through September 30, 2021. The draft resolution has been posted on the…
The world's largest road travel marketplace BlaBlaCar has bought the Ukrainian automated bus passenger transport management company Octobus. According to a BlaBlaCar press release, Octobus is a cloud-based platform that enables bus carriers to automate their business processes, from sales…
The National Bank of Ukraine (NBU) will finalize the bill on improving corporate governance in banks, NBU Governor Kyrylo Shevchenko has said. "During the work of the mission, we agreed to somewhat modify this bill [No. 4367], which we are…
The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan equivalent to $65 million to Datagroup, which is majority owned by a fund managed by Horizon Capital, the bank and the company said in joint press…