Business

Last year, the largest exporters of agricultural products to the EU were the US, Brazil and Ukraine.

Ukrainian company JSC Ukrtransnafta and Russian PJSC Transneft signed starategic agreement on oil transit through Ukraine.

Ukraine's Antonov State Enterprise, which is part of Ukroboronprom, will supply An-178 aircraft to the Peruvian national police.

On November 1, the Prymorska Wind Electric Power Plant II was launched in Zaporizhzhia Region. It is one of the biggest in Ukraine and will generate about 700 million kWh of “green energy.” The opening was timed with the end of the construction of the second and last stage of the wind park. The plant consists of 52 turbines with […]

Since the beginning of 2019, almost 127 million hryvnas have been added to the budget from tourism fees, an increase of more than 36 million hryvnas over the whole of 2018. Over a nine-month period this year, tourism fee revenues to the state budget of Ukraine exceeded the level of the entire previous year. Since the beginning of the year, […]

The Netherlands low-cost Transavia can be launched in Ukraine, Air France KLM says. Air France KLM’s central network development office is considering operation in Ukraine of Transavia subsidiary low-coster. Frank Van’T Hof, commercial director of Air France KLM for Russia and the CIS, said this at a press conference in Kyiv, UNIAN reports. “I see this opportunity in Ukraine, but […]

The court overturned the decision of the National Bank of Ukraine to impose about UAH 95 million fine on the Russian Sberbank JSC. The National Bank of Ukraine (NBU) imposed a UAH 94.737 million fine on the Ukrainian subsidiary of PAO Sberbank of Russia for repeated risky transactions in the field of financial monitoring that amounted to over UAH 3 […]

The Ministry of Digital Transformation is planning to implement an Electronic Residency project allowing foreign businessmen to do business in Ukraine without coming to our country. This was announced by Vice Prime Minister – Minister of Digital Transformation of Ukraine Mykhailo Fedorov on Friday. “We already have a working group, a presidential decree has been written, a draft law has […]

The Polish company Biotrem, which manufactures organic cookware, has opened a representative office in Ukraine. After using the cookware, you can feed animals and birds with it. The company patented a technology that allows making disposable dishes from wheat and corn bran, products ofcassava and algae processing, as well as vegetable based polymers. The raw material is compressed under hot […]

Ceremonial ship launching was held at the Forge on Rybalskyi shipbuilding enterprise in Kyiv. The first medium reconnaissance ship was built for the needs of the Naval Forces of the Armed Forces of Ukraine by order of the defense establishment. “Over the entire history of Ukraine, there have not been many cases of launching powerful armored boats, amphibious boats, and […]

In 2017, the total net value of the assets of the three richest individuals exceeded 6% of Ukraine’s GDP. This was stated by World Bank Vice President for Europe and Central Asia Cyril Muller. “This is almost twice as much as in Russia and three times as much as in Poland. The ratio of the income share of the richest […]

India was named the biggest importer of Ukraine’s agricultural products in 2018. The country is buying beans, vegetables, oat, soybean and sunflower oil from Ukraine. Last year India imported Ukrainian agri-food worth of USD 1,8 billion, reports the Ukrainian Food Export Board (UFEB). In 2018 Ukraine’s export grew by 5,4 per cent reaching USD 14,8 billion, the non-profit association of […]