: :inin Kyiv (EET)

Section: Economy

    Ukraine needs up to $10 bln in FDI annually to see economic growth – head of National Investment Council
    Apr14

    Ukraine needs up to $10 bln in FDI annually to see economic growth – head of National Investment Council

    Ukraine needs to attract up to $10 billion in foreign direct investment annually to achieve substantial economic growth, according to head of Office of the National Investment Council Yulia Kovaliv. ”Today, Ukraine has reached macro-stabilization. However, in terms of GDP, we are significantly behind the neighboring Eastern European states. The...

    Cost of IMF loan: Ukraine seeks to allow farmland sale from 2018
    Apr14

    Cost of IMF loan: Ukraine seeks to allow farmland sale from 2018

    Ukrainian authorities intend before late May 2017 to adopt a law regulating farmland turnover, and starting 2018, when the moratorium expires, to launch farmland sales. The adoption of a corresponding law is one of the structural beacons of the International Monetary Fund, while Ukraine`s will to start farmland sales is set out in a letter of...

    Ukraine`s central bank hopes for $1 bln in investment in 2017
    Apr14

    Ukraine`s central bank hopes for $1 bln in investment in 2017

    Deputy Governor of the National Bank of Ukraine Dmytro Solohub projects an inflow of foreign direct investment in Ukraine in 2017 will total $1 billion, which is the same level as in 2016. ”As for foreign direct investment, our forecast for an inflow of investment this year is the same as it was last year, i.e. $1 billion,” he told reporters....

    Wizz Air launches operations from its second airport in Ukraine
    Apr14

    Wizz Air launches operations from its second airport in Ukraine

    Wizz Air, the largest low-cost airline in Central and Eastern Europe and Ukraine`s largest low-cost carrier, started on April 13 its operations from Lviv`s Danylo Halytsky International Airport with the new low-fare route to Wroclaw in Poland. The flight will be carried out twice week – on Tuesdays and Saturdays, with fares starting from as low...

    Naftogaz`s charter capital grows by almost US$1.1 bln
    Apr13

    Naftogaz`s charter capital grows by almost US$1.1 bln

    The charter capital of NJSC Naftogaz of Ukraine has grown by UAH 30 billion, or US$1.1 billion, to UAH 190.15 billion, or $7.07 billion, according to Ukraine`s National Securities and the Stock Market Commission. The commission registered the report on the results of private placement of Naftogaz`s shares, in keeping with which, the company`s...

    Russian government  gives cash injection to Crimea bank
    Apr13

    Russian government gives cash injection to Crimea bank

    Russia`s government is to inject $265 million of budget money into a state-owned bank in Crimea because the lender does not have enough capital to finance infrastructure projects in the region, which Moscow annexed from Ukraine three years ago, according to Reuters. According to a government order seen by Reuters, the charter capital of the...

    Monetary base in Ukraine shrinks by almost UAH 25 bln in 2017
    Apr12

    Monetary base in Ukraine shrinks by almost UAH 25 bln in 2017

    Ukraine`s monetary base in March decreased by 1.3%, or by UAH 4.57 billion (US$170 million), to UAH 356.914 billion, or $13.27 billion, according to the National Bank of Ukraine (NBU) website. The monetary base has dropped by 6.5%, or by UAH 24.662 billion, or $917 million, since the beginning of the year, the report said. According to the data...

    State Food and Grain Corporation of Ukraine doubles flour exports in 2016-2017 marketing year
    Apr12

    State Food and Grain Corporation of Ukraine doubles flour exports in 2016-2017 marketing year

    The State Food and Grain Corporation of Ukraine (SFGCU) has exported 43,000 tonnes of flour and over 20,000 tonnes of bran since the beginning of the current 2016-2017 marketing year (MG, July 2016 – June 2017), which is more than twice as much as in 2015 – 2016 MY, Director of SFGCU Department for Elevator Activity and Finished Products Sales...

    Ukraine to join development of Trans-Caspian international transport corridor
    Apr12

    Ukraine to join development of Trans-Caspian international transport corridor

    The heads of the railways of Azerbaijan, Georgia, Kazakhstan, and Kyrgyzstan invite the government of Ukraine to join the development of the Trans-Caspian international transport corridor and possibly to create a joint venture, according to the Ukrainian Cabinet`s press service. Ukraine in turn is ready to take part in the creation of new...

    Ukraine`s Energy Regulation Commission cancels introduction of delivery charge for gas
    Apr12

    Ukraine`s Energy Regulation Commission cancels introduction of delivery charge for gas

    Ukraine`s National Energy and Utilities Regulation Commission (NEURC) has canceled its resolution on the introduction of a delivery (customer) charge for the population from April 1, 2017. The relevant decision was unanimously supported by the members of the commission at an extraordinary meeting of the regulator. ”Today we must take a decision,...

    Pin It on Pinterest