KYIV, May 7 - Ukrzaliznytsia and the Swiss company Stadler CIS AG have signed a memorandum of cooperation and localization of production of passenger rolling stock in Ukraine.

KYIV, May 7 – Ukrainians in March-April 2021, including the spring lockdown period, were most interested in buying climatic equipment, beauty and health products, as well as travel goods, according to an analyst at the online platform OLX.

KYIV, May 7 – Ukraine's international reserves increased by early May 2021, according to preliminary data, to $28 billion (equivalent), which is 3.6% more than in early April 2021 ($27.035 billion), the National Bank of Ukraine (NBU) has said on Friday.

KYIV, May 7 – Power generation by private company UkrHydroEnergo could fall by almost 50% in 2020 due to shallowness of rivers compared with the average figures in the previous years, Director General Ihor Syrota said.

KYIV, May 7 – Foreign investments will account for more that EUR 2.5-bln, or 30% share, of the country’s renewable energy projects by the summer, Managing Partner of IMEPOWER Yuriy Kubrushko and its adviser Viktor Koval said.

KYIV, May 7 – The European Bank for Reconstruction and Development (EBRD) could provide Galnaftogaz with a long-term loan in the amount of $35 million to finance capital expenditures in 2020-2022 and replenish working capital.

KYIV, May 7 – Power consumption in Ukraine in April decreased by 7.8% compared to the same month last year, to 9.028 billion kW, the transmission system operator Ukrenergo reported on its website.

KYIV, May 7 – Ukraine must make sure that 205 freight electric locomotives that it plans to import should have a share of locally produced components to increase employment in the country, Volodymyr Prykhodko, head of the supervisory board of Kriukov Car Building Works, said.

KYIV, May 11 – The Swedish company IKEA, the world's largest furniture and home goods retailer, plans to officially launch online sales in Ukraine in the coming days, a company said.

KYIV, May 11 – Ukraine’s largest steelmaking firm ArcelorMittal Kryvyi Rih said the price of power in the country exceeds power prices in Europe making the company’s steel less competitive on international markets.