Business

The drop in gross domestic product (GDP) of Ukraine in Q1, 2020 amounted to 1.2%, the Economic Development, Trade and Agriculture Ministry of Ukraine has said. Earlier, it forecasted GDP contra

The Central Bank of Russia (CBR) and the Finance Ministry have violated regulations in altering the ownership structure of Sberbank's Ukrainian subsidiary, Ukraine's National Bank (NBU) said in a statement on its website. "The change of the principal shareholder of…

An employee of steel mill Zaporizhstal supervises metal rolling in Zaporizhia on April 8, 2019. Ukraine will produce 7% less steel in 2020. J.P. Morgan expects a 5.1% decline in Ukraine’s GDP in 2020

Ukrainians wait in line in front of the Embassy of the Republic of Finland in Ukraine in Kyiv on May 6, 2020

A seasonal worker sorts strawberries at a farm in Faversham in southeast England in the United Kingdom on June 29, 20

Removing problems with the surplus of electricity through the so-called cryptocurrency mining will allow preserving the guaranteed load on nuclear power plants (NPP) and involving additional funds as well, the Ministry of Energy and Environmental Protection has said. "We can…

he Pechersky District Court of Kyiv by a decision of May 4, dismissed the claim of the trade union organization of PrivatBank's employees on the termination of powers of Chairperson of the Management Board (CEO) of PrivatBank Petr Krumphanzl. The…

President of Ukraine Volodymyr Zelensky has said that loan repayment holidays should be offered to small and micro businesses affected by the lockdown restrictions introduced in the country. According to the press service of the president, the issue was discussed…

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…

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