Business

A 737 Boeing plane is seen at the Boryspil International Airport outside Kyiv on June 13, 2020

Prime Minister of Ukraine Denys Shmyhal is counting on the early adoption of a bill that will unlock the work of the Energy Ministry and provide for payments of wages in the energy sector. "We look forward to overcoming the…

The Ministry of Energy in a long-term prospect is considering raising tax on carbon dioxide emissions and using these funds to offset the difference to "green" electricity producers, the ministry said on its website after a meeting with representatives of…

 State-controlled Oschadbank (Kyiv) and the international agrochemical company Syngenta within the framework of a joint partnership program offer agricultural producers loans up to UAH 28 million. The loans are reportedly provided for the purchase of field crop and vegetable seeds,…

Prime Minister of Ukraine Denys Shmyhal and members of the government and international partners discussed a draft memorandum on the creation of a capital market in Ukraine. "The memorandum should satisfy all signatories. For me, the result and the correct…

 Fozzy Group, the second largest retailer in Ukraine in terms of turnover, has requested permission from the Antimonopoly Committee of Ukraine (AMCU) to acquire control over the assets of Furshet Retail Group. "On granting permission to Silpo-Food LLC to directly…

The Antimonopoly Committee of Ukraine (AMCU) has allowed Silpo-Food LLC, a member of Fozzy Group (Kyiv), to buy Furshet retail chain, Silpo announces a preliminary agreement on the transfer of some supermarkets. "Silpo-Food reached a preliminary agreement with Furshet retail…

The European Business Association (EBA) proposes to allow the sale of electrical goods for cleaning and disinfecting premises or areas during quarantine, and also fears abuse by regulatory authorities. "Thus, the resolution prohibits the activities of businesses that serve visitors,…

Ambassador of Japan to Ukraine Takashi Kurai (L) attends a meeting with Dmytro Kuleba, Ukraine’s foreign minister, in Kyiv on Jan. 28, 20

Naftogaz plans to invest $7.3 billion in hydrocarbon production in 2021-2025, boosting reserves by 1.8 times, Chief Operating Officer of the Naftogaz Group Otto A. Waterlander said. "In the next five years, our business plan provides that we will invest…