Business

The International Finance Corporation (IFC) will provide its long-term customer JSC Galnaftogaz Concern with a long-term corporate loan of $35 million to finance capital expenditures for 2020–2022 and to replenish working capital. The IFC said on its website that the…

 Naftogaz Ukrainy in July 2020 will raise the price of natural gas sold to industrial consumers on a prepayment basis by 9.7% (by UAH 314.4) compared to the price of the current month, to UAH 3,570 for 1,000 cubic meters…

 Head of the Federation of Metallurgists of Ukraine (FMU) Serhiy Bilenky has said that the decision to cut port dues made by ex-infrastructure minister Volodymyr Omelyan was right, and respective accusations by the National Anti-Corruption Bureau of Ukraine (NABU) and…

The Verkhovna Rada at second reading and as a whole adopted the law amending certain laws to attract investment and introduce new financial instruments (bill No. 2284), which is updated bill No. 90

Mobile operators of Kyivstar, Vodafone Ukraine and lifecell have begun refarming the radio frequency spectrum in the 900 MHz band. According to the Kyivstar's report, the use of low radio frequencies will provide mobile operators with the opportunity to implement…

The decline of Ukraine's GDP in January-March 2020 was 1.3% year-over-year, while according to the preliminary assessment published in the middle of May, the indicator was 1.5%. According to the statistics service, GDP growth in the fourth quarter of 20

The Metinvest mining and smelting group considers it untimely and unreasonable to increase the royalty for iron ore extraction, which is contained in the law on improving tax administration (bill No. 1210

  Naftogaz Ukrainy Executive Board Chairman Andriy Kobolev is cautious about an idea of signing long-term contracts to supply liquefied natural gas to Ukraine by Louisiana Natural Gas Exports. In his opinion, in particular, the potential import of LNG in…

Ukrainian underground gas storage (UGS) facilities are carrying out the technical refurbishing of their equipment, which will allow the transfer to gas metering in energy units (kWh) by the end of 2020, the Ukrtransgaz's (UTG) press service said on Thursday.…

The European Bank for Reconstruction and Development (EBRD) could provide a long-term loan of $81 million for the construction of an air separation unit of Kryvy Rih Industrial Gas LLC (Kyiv), created last October by the Dutch company Krig Holdings…