
Uber Eats to close down in Ukraine on June 3
Uber will end the operations of its food delivery service Uber Eats in Ukraine from June 3, 2020, the company's press service has said in a letter seen by Ukrinform.
Uber will end the operations of its food delivery service Uber Eats in Ukraine from June 3, 2020, the company's press service has said in a letter seen by Ukrinform.
The situation in Ukraine's economy is extremely difficult due to lockdown measures aimed at combating the spread of coronavirus disease (COVID-19), Prime Minister Denys Shmyhal has said.
04 May 2020
Foreign Minister of Ukraine Dmytro Kuleba and Minister of Foreign Affairs of the Republic of Latvia Edgars Rinkēvičs discussed the development of economic and trade cooperation between the two countries despite the negative impact of the COVID-19 pandemic.
Since the beginning of May, the Pension Fund of Ukraine has transferred UAH 2.6 billion for the payment of pensions.
In April 2020, Ukrainians purchased and registered 3,700 new cars, which is down by half compared with April 2019, according to the Ukrainian Motor Vehicle Manufacturers Association, UkrAutoProm.
Construction of the Baltic Pipe gas pipeline starts simultaneously in Poland and Denmark so that Poland and other countries in the region, including Ukraine, could become energy independent of Russia.
Almost 122 million trees have been planted in Ukraine since the start of spring forest-cultivation campaign, according to the State Forest Resources Agency of Ukraine.
The National Agency for Prevention of Corruption (NAPC) and the State Property Fund have signed a Memorandum of Cooperation, the agency’s press has reported.
The volume of transactions by labor migrants to Ukraine is expected to decrease from USD 12.5 billion to USD 10 billion in 2020.
Ukrainian Economy, Trade and Agriculture Minister Ihor Petrashko and relevant associations have discussed steps to restore and develop the industry.
Ukraine has almost completely lost its gas transit from the Russian Federation to Turkey, Greece, and Bulgaria after the first line of the TurkStream gas pipeline was launched.
Ukraine’s inflation remained low in April 2020 – below 3% in annual terms, the National Bank of Ukraine (NBU) said in its Inflation Report for April 2020.
The National Bank of Ukraine (NBU) in its Inflation Report for April 2020 forecasts that the Ukrainian economy will decline by 11% in annual terms, unemployment will rise to about 12% in seasonally adjusted terms, and wage growth will halt.
Despite the coronavirus crisis, infrastructure and related industries need to attract 150,000 new specialists, Ukrainian Infrastructure Minister Vladyslav Kryklii has said.
02 May 2020
The State Agency of Automobile Roads of Ukraine (Ukravtodor) plans to receive the second tranche of the loan under state guarantees in June 2020.
The state will act as a guarantor for small and medium-sized enterprises (SMEs) who want to take out a loan, Ukrainian President Volodymyr Zelensky has said.
30 April 2020
JSC Ukreximbank and the State Agency of Automobile Roads of Ukraine (Ukravtodor) have signed an agreement on financing of road construction in the amount of more than UAH 5.7 billion.
Ukraine delivered 437 tonnes of ready-to-eat and canned fish to foreign markets in the first two months of this year for more than $1 million, Ukraine's State Fisheries Agency has reported, with reference to the State Statistics Service.
In 2019, JSC Ukrgasvydobuvannya invested UAH 22.9 billion, or 22% of its cash income over the past year, in the production of gas and liquid hydrocarbons, the company’s press service reported.
On Wednesday, April 29, the Cabinet of Ministers summoned the first meeting of the Anti-Crisis Energy Headquarters chaired by Prime Minister Denys Shmyhal.
The Cabinet of Ministers is ready to hold talks with European countries on the official employment of Ukrainian seasonal workers.
The Pension Fund of Ukraine has started to finance pensions for May 2020, the Fund’s press service has reported.
29 April 2020
Hungary’s low-cost airline Wizz Air has announced it will open five new flights from Lviv starting from July, the press service of Lviv International Airport reports on Facebook.
The average salary of Ukrainians in March 2020 amounted to UAH 11,446, which is 11.8% more than in March 2019, the State Statistics Service has reported.
The Cabinet of Ministers has appointed Oleksiy Liubchenko as chairman of the State Tax Service, according to a government representative in the Verkhovna Rada, Vasyl Mokan.
The Cabinet of Ministers has supported the criteria developed by the health and economy ministries that enable food markets to resume their operations, Prime Minister Denys Shmyhal has reported on Telegram.
The National Bank of Ukraine (NBU) will put into circulation UAH 10 coins that will gradually replace the relevant paper banknotes, according to the central bank’s press service.
The National Bank of Ukraine (NBU) will put into circulation UAH 10 coins that will gradually replace the relevant paper banknotes, according to the central bank’s press service.
Social Policy Minster Maryna Lazebna has said that 8.4 million Ukrainian retired persons will receive raised pensions in May.
The Ukrainian Finance Ministry attracted UAH 9.86 billion to the state budget as a result of the sale of government domestic loan bonds on April 28, 2020, the Finance Ministry’s press service reported.
The consolidated net profit of NJSC Naftogaz of Ukraine reached UAH 63.3 billion in 2019, according to the company’s press service.
The Ukrainian Ministry of Energy and Environmental Protection is planning to accelerate the integration of Ukraine with the European power grid ENTSO-E.
28 April 2020
Ukraine International Airlines will perform 11 special flights to return Ukrainians from abroad, the company has reported on Facebook.
Ukraine has exported 49.99 million tonnes of grain and leguminous crops in the current marketing year, which is 7.7 million tonnes more than in the same period of the previous marketing year, according to the Information and Analytical Portal of Ukraine’s Agro-Industrial Complex.
UkraineInvest (Ukraine Investment Promotion Office) plans to open its offices in each region.
Ukrainian President Volodymyr Zelensky has signed into law a bill introducing amendments to certain legislative acts of Ukraine on the terms of sale of agricultural land, which was approved by the Verkhovna Rada on March 31, 2020, the Office of the President has reported.
As part of the Great Construction program, at least 170,000 new jobs will be created in Ukraine, according to Prime Minister Denys Shmyhal.
The Security Service of Ukraine (SBU) intends to provide expert assistance to State Concern Ukroboronprom in order to ensure more efficient and transparent reform of the state-owned concern, according to the SBU press service.
Inprime and MediaHub organized and lunched #DigitalDopomoha program to support Ukrainian small and medium-sized business affected by the coronavirus pandemic.
During a phone conversation with Ukrainian President Volodymyr Zelensky, Lithuanian President Gitanas Nausėda noted the importance of anti-corruption measures needed for European companies that are considering significant investments in Ukraine.
The Ukrainian Finance Ministry is launching a comprehensive review and analysis of IT capabilities of the State Fiscal Service, according to the ministry’s press service.
Ukrainian President Volodymyr Zelensky has said that the price of natural gas for households shrank by another 15% in April 2020 and has become the lowest in the past four years.
Ukrainian President Volodymyr Zelensky has welcomed the decision by the National Bank of Ukraine (NBU) to reduce the discount rate and said it allows other banks to reduce interest rates on loans to businesses and individuals.
27 April 2020
Ukraine could receive two tranches of $1.75 billion each from the International Monetary Fund (IMF) in 2020, Ukrainian Finance Minister Serhiy Marchenko has said.
The Ministry of Infrastructure of Ukraine plans to resume the operation of suburban and intercity bus and rail services in Ukraine from May 12. However, this will depend on the coronavirus spread rates.
Ukraine values cooperation with the International Monetary Fund (IMF) and hopes for further fruitful cooperation, Ukrainian Prime Minister Denys Shmyhal has said on Twitter.
The National Bank of Ukraine (NBU) has said it hopes that MPs will adopt bill No. 2571-d on banking regulation, which the Verkhovna Rada committee on finance, tax and customs policy recommended to support at second reading and as a whole, the NBU's press service has reported on Facebook.
The Cabinet of Ministers will consider the issue of resuming the operation of some farmers’ markets in Ukraine, according to Prime Minister Denys Shmyhal.
Forest enterprises have already planted more than 3.5 million trees in mountainous areas of the Ukrainian Carpathians this year, according to the State Forest Resources Agency of Ukraine.
The Cabinet of Ministers will appoint new heads of the State Tax and State Customs Services under the simplified procedure, according to Finance Minister Serhiy Marchenko.
The situation in Ukraine’s customs and tax services requires a comprehensive approach, not just the dismissal of senior officials.
The National Bank of Ukraine (NBU) provided law enforcement bodies with information about suspicious transactions by clients of seven banks and two non-banking financial institutions in Q1 2020, according to the press service of the central bank.
25 April 2020
Former president of Georgia and candidate for the post of Ukraine’s Vice Prime Minister Mikheil Saakashvili likened cooperation with the International Monetary Fund to an artificial respirator for the Ukrainian economy.
24 April 2020
Ukrainian Foreign Minister Dmytro Kuleba has discussed with Minister of Foreign and European Affairs of Luxembourg the cooperation in restoring Luhansk region.
The Verkhovna Rada of Ukraine has adopted a bill on the amendments to certain laws of Ukraine on the safety of nuclear energy use at first reading.
Ukraine took 10th place in the ranking of world's largest pig iron producers and climbed to 11th place in the ranking of world's largest steel producers in the first quarter of 2020.
The total amount of deposits of individuals in banks-participants of the Deposit Guarantee Fund amounted to UAH 520.24 billion as of April 1, 2020, according to the Fund’s press service.
JSC Ukrzaliznytsia paid over UAH 21.8 billion in taxes and fees to budgets of all levels in 2019, according to the company’s press service.
The National Bank of Ukraine (NBU) has reduced the planned volume of interventions to buy foreign currency in the interbank foreign exchange market from $50 to $20 million per day, according to the central bank’s press service.