Business

The share of foreign investors in the installed capacity of power plants operating on renewable energy sources (RES) would amount to more than 30% by the summer of 2020

President Volodymyr Zelensky and representatives of the largest communications providers discussed the acceleration of high-quality Internet and communication coverage of all parts of Ukraine. In particular, they discussed the issue of providing communications to small towns, passenger trains of Ukrzaliznytsia…

Ivanna Vladkova-Hollar has been appointed head of the mission of the International Monetary Fund (IMF), IMF Resident Representative in Ukraine Goesta Ljungman has reported. Ivanna Vladkova-Hollar, a Bulgarian citizen, has been appointed head of the IMF mission in Ukraine, she…

Ukraine and the International Monetary Fund (IMF) in the framework of negotiations on a new cooperation program have reoriented from the previously agreed three-year Extended Fund Facility (EFF) program to the 18-month Stand-By Arrangement, IMF spokesman Gerry Rice has reported.…

Pharmaceutical company Darnitsa got net operating income of UAH 3,312 billion in 2019, which is by 10,3% higher than in 2018, reads the company’s financial report. According to the document, company’s net profit rose by 30%. Darnitsa’s income tax in…

The European Bank for Reconstruction and Development (EBRD) will start lending in the hryvnia to Ukrainian entrepreneurs affected by quarantine restrictions, which was made possible thanks to the signing of an agreement between the National Bank of Ukraine (NBU) and…

Kristina Skripka (R) and Yana Zhadan, co-founders of the Foodies delivery service and The Naked Bar, pose for a picture in their office in Kyiv. Editor’s Note: Ukraine’s businesses are struggling after the country introduced nationwide restrictions on movement and…

Windpower turbines generate electricity in Zaporizhia Oblast, 600 kilometers southeast of Kyiv on Feb. 27, 2019. Ukraine used 8% less electricity in April 2020

People maintain a safe distance from one another as they wait in line to enter an IKEA store in the Israeli coastal town of Netanya on April 22, 2020

The price of electricity for the population will remain unchanged, acting Minister of Energy and Environment Protection Olha Buslavets has said. "The tariff for the population remains unchanged this year, as in the previous year, and there is no need…