Business

The board of directors of Ferrexpo offers the shareholders final dividends for 2020 at $ 0.132 per share for approval, compared with final dividends for 2019 at $ 0.033 per share in 2019. "The board of directors of Ferrexpo is…

Ukrainian President Volodymyr Zelensky has described the construction of the Nord Stream 2 gas pipeline as an energy war. "This is an energy war. Same as any other war, you can't fight without unity. Someone will lose for sure. If…

An aerial view of trains parked near Kyiv’s central railway station on April 5. Ukraine’s railroad monopoly Ukrzaliznytsia lost $5453 million in 2020. The state company is riddled with corruption and poor management, despite being one of the pillars of…

Workers begin reconstruction of a 10-kilometer section of a road in Zaporizhia Oblast on March 11. As part of President Volodymyr Zelensky’s large-scale infrastructure program known as Big Construction, state road agency Ukravtodor plans to repair all 255 kilometers of…

The Verkhovna Rada has adopted as a whole a law on certification of the transmission system operator Ukrenergo. Some 296 people's deputies at an extraordinary meeting on April 15 voted for supporting draft law No. 3364-1-d on amendments to some…

Ukrainian business has improved expectations of a slowdown in inflation over the next 12 months to 7.7% from 7.9% and the weakening of the hryvnia exchange rate to UAH 29.15/$1 from UAH 29.68 According to the results of a regular…

The low rate of vaccination in Ukraine creates an additional risk of future economic losses, while increasing inflationary pressure amid the recovery of the global economy, the press service of the National Bank of Ukraine (NBU) said. According to the…

People go by the entrance of the National Bank of Ukraine in Kyiv on Dec. 10, 2020

The Board of the National Bank of Ukraine (NBU) has decided to raise the key policy rate by 1 pp, to 7.5% per annum. "The Board of the National Bank of Ukraine has decided to raise the key policy rate…

The National Bank of Ukraine (NBU) has revised downward current account deficit forecast from 2% of GDP to 0.8% of GDP in 2021 and from 4.2% of GDP to 3.6% of GDP in 2022, the regulator said on its website…