Business

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…

The Czech authorities plan to exclude Russian state nuclear corporation Rosatom from the tender to expand the Dukovany Nuclear Power Plant against the backdrop of a political scandal between the two countries. Within a few days Rosatom will be excluded…

The Ukrainian Grain Association (UGA) welcomes the signing of a memorandum on the ceiling volume of sunflower oil exports from Ukraine in the 2020/20

The Ministry of Energy of Ukraine considers it expedient to achieve the target indicators for the development of renewable energy in Ukraine primarily through the use of the unrealized potential of wind and bioenergy, Deputy Energy Minister Yuriy Boiko said…

The Ministry for Development of Economy, Trade and Agriculture of Ukraine has approved the distribution of UAH 189.4 million for farmers who bought domestically produced agricultural machinery for a total of UAH 909.2 million from December 2020 to March 2021,…

JSC Ukrtransnafta, the winner of the tender for the asset manager of the Ukrainian section of the Samara-Western Direction petroleum product pipeline, must obtain a lot of licenses and approvals to resume its operation. According to the company's press release,…

Wind farms in Ukraine in 2020 produced 3.304 billion kWh of electricity, which is almost 50% less than solar power plants generated – 6.844 billion kWh, while the installed capacity of wind farms at the beginning of 2021 was 1.314…

The National Bank of Ukraine (NBU) on Tuesday sent UAH 24.4 billion of profit for 2020