Business

The opening of the first five-star Sheraton hotel in Kyiv is scheduled for 2021. "In 2021, Sheraton Hotels will continue on its transformation journey, with the brand expecting to showcase new guest experience programs and complete renovations in locations including…

 In 2020, Ukraine exported fruit and berry products worth $238 million, which is 8% less than a year earlier, and is associated with quarantine restrictions and complication of customs procedures at the borders, the Ukrainian Agricultural Export Association (UAEA) reported…

The launch of the Affordable Mortgage program will lead to an annual growth of the mortgage portfolio by 30%, thus budget expenditures on it in five years may exceed UAH 5 billion, First Deputy Governor of the National Bank of…

The Antimonopoly Committee of Ukraine has allowed a large metals and metal ore trading company Optimal Trade LLC to acquire an integral property complex of PJSC Dniprovsky Metallurgical Plant (DMK, Kamianske, Dnipropetrovsk region), which is part of the Industrial Union…

NJSC Naftogaz Ukrainy plans to buy natural gas for supplies to Ukraine through an interconnector with the European Union for EUR 80.4 million, raised from the European Bank for Reconstruction and Development (EBRD) as part of the eurobonds' placement in…

The State Agency of Automobile Roads of Ukraine (Ukravtodor) intends to implement three priority projects in Zakarpattia region under a Hungarian loan, the allocation of which was confirmed by Minister of Foreign Economy and Foreign Affairs of Hungary Peter Szijjarto…

PrJSC United Mining Chemical Company, which controls Vilnohirsk Mining and Metallurgical Plant (Dnipropetrovsk region) and Irshansk Mining and Processing Plant (Zhytomyr region), reports attempts by oligarchs to put pressure on the Dzerzhynsky District Court of Kryvy Rih on the eve…

The Cabinet of Ministers of Ukraine provided the state-owned enterprise (SOE) Antonov with a state guarantee for the raised loan of UAH 2.980 billion, the corresponding guarantee agreement was signed on December 31, 2020, according to the information of the…

The U.S. rocket and space technology developer Firefly Aerospace Inc., owned by Ukrainian businessman Maksym Polyakov plans to raise $350 million to scale up production and work on a medium-class launch vehicle – Firefly Beta. Firefly Aerospace CEO Tom Markusic…

The Ministry of Social Policy hopes for the adoption of bills No. 4408 and No. 2683, which will allow starting the introduction of the second, funded tier of the pension system for workers of harmful, large enterprises from 2022 and…