Latest news for today in Ukraine
Banking experts: State-owned banks prepare for privatization despite tough year
People pass the entrance of the National Bank of Ukraine in Kyiv on Dec. 2, 2020
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Read MoreBanking experts: State-owned banks prepare for privatization despite tough year
Global Fund to Fight AIDS, Tuberculosis, Malaria to allocate over $135.78 million to Ukraine – Liashko
The Global Fund to Fight AIDS, Tuberculosis and Malaria has approved funding for Ukraine in the amount of more than $135.78 million for 2021-20
Kolomoisky’s Cleveland office manager defaulted on $18.5 million loan
Optima 55 Public Square is one of many U.S. real estate companies where oligarch Ihor Kolomoisky invested the money he allegedly siphoned out of PrivatBank through his American business partners and proxy companies. (Google Maps) Ihor Kolomoisky-tied Cleveland property company…
Ukrzaliznytsia gets over UAH 9 bln profit from cargo transportation in ten months
Ukrzaliznytsia in January-October 2020 received a positive financial result from freight traffic in the amount of more than UAH 9 billion, the company's income from freight traffic amounted to about UAH 53 billion. According to the company, UZ Cargo is…
Nova Poshta Global creates hub for intl shipments in Lviv, launches cargo flights from U.S., China to Lviv
Nova Poshta Global, part of the Nova Poshta group of companies, has created an additional hub for international shipments in Lviv: it launched charter flights to Lviv airport and opened the second central sorting station. According to Nova Poshta, the…
Economy Ministry estimates GDP decline for 10 months of 2020 at 5.2%, expects 5% fall over year – minister
The Ministry for Development of Economy, Trade and Agriculture estimates the drop in GDP for January-October 2020 at 5.2%, but over this year GDP will fall by 5%, Economy Minister Ihor Petrashko has said. "We think that in 2020
Chinese investors of Motor Sich notify Ukraine about submission of dispute to intl arbitration
Chinese investors of PJSC Motor Sich notified the government of Ukraine about sending an investment dispute to international arbitration in order to recover damages from Ukraine's government, estimated by them at $3.5 billion, according to a release on the website…
Ryanair to launch Kyiv-Venice route from March 30
The Irish low-cost airline Ryanair (Dublin) opened ticket sales for the Kyiv-Venice route from March 30, 2021. The airline's booking system notes that the flights will be operated by a subsidiary of Malta Air to Treviso airport twice a week…
Withdrawal of six aviation enterprises from Ukroboronprom urgently needed – Dpty PM Urusky
The Ministry of Strategic Industries of Ukraine (Minstrategprom) has initiated the withdrawal of six aviation enterprises from the Ukroboronprom state concern to accelerate reforms in the industry and improve the economic situation of these enterprises, said Deputy Prime Minister, Head…
With new lockdown looming, expect a dark winter for Ukraine’s businesses
A small business person holds a poster as Ukrainian entrepreneurs block a street with their cars in downtown Kyiv on May 6, 2020