Section: News & Summaries

      PrivatBank`s Q1 profit up by 35 times
      May13

      PrivatBank`s Q1 profit up by 35 times

      Ukraine`s largest bank PrivatBank posted a profit of UAH 211 million in the first quarter of 2016, which is 35 times higher compared to a profit of UAH 6 million in the same period last year, according to the bank`s financial reporting published on its website.According to the report, the bank`s assets have expanded by 4.5% since the beginning of...

      Poroshenko: We need 300 votes for judicial reform
      May13

      Poroshenko: We need 300 votes for judicial reform

      Ukrainian President Petro Poroshenko has said that the Verkhovna Rada should adopt amendments to the Constitution in terms of justice in the next days or weeks, according to an UNIAN correspondent.”I emphasize that in the coming days or weeks — and I am very grateful for the support of Andriy Parubiy — we need 300 votes for judicial...

      Ukrainian startup claims to make content loading four times faster to enhance mobile apps
      May13

      Ukrainian startup claims to make content loading four times faster to enhance mobile apps

      A Kyiv-based startup has just launched a media content optimization solution for mobile applications called ”Pixpie,” Ukraine Today reported citing Ukraine Digital News.By speeding up content loading, this technology delivers pictures ”2-4 times faster than typical content delivery networks” (CDN), the startup claims, according to Ukraine...

      Ukraine may not be able to reach forex reserves target in 2016 – experts
      May13

      Ukraine may not be able to reach forex reserves target in 2016 – experts

      Ukraine is likely to receive only one tranche under a program with the International Monetary Fund (IMF) and, therefore, will not be able to reach an increase of international reserves to $19.6 billion by late 2016, reaching a target of only $14-15 billion, as stated in a forecast of DA Vinci analytical group provided to UNIAN.Currently, Ukraine...

      Most Ukrainian families to be eligible for subsidies by year-end – Ministry of Social Policy
      May13

      Most Ukrainian families to be eligible for subsidies by year-end – Ministry of Social Policy

      The number of Ukrainian households who are in need of subsidies will increase by 50% to nine million families in 2016, due to the establishment of a single gas prices for all categories of consumers from May 1, Minister of Social Policy Andriy Reva said during the parliament`s hour of questions to the government on Friday.”When making decisions,...

      Kremlin comments on arms expo incident with Putin
      May13

      Kremlin comments on arms expo incident with Putin

      The Kremlin has laughed off the incident involving one of the Russian generals who tore off a door handle from the military UAZ-Patriot offroad vehicle while showing a new model to Russian President Vladimir Putin, according to an UNIAN correspondent in Russia. ”Let`s not go too far with the reaction, especially do not expect any...

      Russian Govt approves bill to limit Russians in traveling abroad
      May13

      Russian Govt approves bill to limit Russians in traveling abroad

      The Russian government has given a positive response to the package of amendments to the law on countering terrorism, according to meduza.io.The bill, among other things, proposes to introduce additional restrictions for travel of Russians outside the Russian Federation. If the law is adopted, the authorities will be able to prohibit the...

      ”Diamond” prosecutor Korniyets assaulted in downtown Kyiv
      May13

      ”Diamond” prosecutor Korniyets assaulted in downtown Kyiv

      A group of unidentified men on Friday assaulted Oleksandr Korniyets, former deputy prosecutor of Kyiv region, aka ”diamond” prosecutor, who is accused of bribery, according to one of his lawyers, Viktor Petrunenko.In turn, speaking by phone, Korniyets told UNIAN that he had had a meeting at Krym restaurant on the Maidan Nezalezhnosti Square....

      Ukrainian producers happy with Cabinet`s bill on simplified medicines registration
      May13

      Ukrainian producers happy with Cabinet`s bill on simplified medicines registration

      The ”Manufactures of Medications of Ukraine” Association has supported draft law No. 4484 revised by the Cabinet of Ministers on amendments to Article 9 of the Law ”On Medicines” (with respect to the state registration (re-registration) of medicinal products), which was submitted to the Verkhovna Rada on May 10, 2016.The Association said in a...

      Moody`s forecasts economic recovery in Ukraine in 2016-2017
      May13

      Moody`s forecasts economic recovery in Ukraine in 2016-2017

      Moody`s international rating agency says it expects a resumption of economic growth in Ukraine in 2016 and 2017 after a cumulative real GDP fall of about 15% in the last two years, according to a posting on the agency`s website.”Moody`s expects a slow growth rebound in 2016 and 2017, after a cumulative real GDP fall of roughly 15% in the last two...