KYIV, Aug 6 – The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing a loan-and-guarantee package to Winner, one of Ukraine's leading vehicle importers and retailers, which includes a EUR 20 million loan from the EBRD and a EU guarantee, the EBRD said in a press release on Friday.

KYIV, Aug 7 – The DCH Group of Ukrainian businessman Oleksandr Yaroslavsky guarantees the preservation and development of the production base of PJSC Motor Sich (Zaporizhia), its technologies, jobs and intellectual property rights after the acquisition of its shares.

KYIV, Aug 7 – The share of cashless payments in Ukraine in January-June 2020 increased by 5.7 percentage points, to 55.1%, and the total number of cashless transactions rose by 4.1 percentage points, to 86.1% (3.36 billion) year-over-year, according to the website of the National Bank Ukraine (NBU).

KYIV, Aug 7 – The United States civil lawsuits filed August 6 in a Florida court regarding the confiscation of the property of Ihor Kolomoisky and Hennadiy Boholiubov will limit these former shareholders of PrivatBank in the use of financial services around the world and may cause the closure of their bank accounts, Deputy Head of the Supervisory Board of PrivatBank Artem Shevaliov has said.

KYIV, Aug 7 – The Council of the National Bank of Ukraine (NBU) should think about lowering the medium-term inflation target of the central bank, which currently stands at 5%, Head of macroeconomic research department of Investment Group ICU Serhiy Nikolaychuk said.

KYIV, Aug 10 – The trade and production group Textile-Contact (Kyiv) has started production of medical clothing with a high degree of protection in Chernihiv at the new subsidiary of Trade Company MedZakhyst (Medical Protection), owner of the company Oleksandr Sokolovsky said.

KYIV, Aug 10 – State-owned PrivatBank (Kyiv) has launched biometric Point of Sale (POS) terminals FacePay24, which conduct payment for purchases without a card using face identification, the bank's press service said on Monday.

ODESA, Aug 9 - ArcelorMittal Kryvyi Rih and Transinvestservice stevedoring company have opened an indoor transshipment complex for metal goods worth more than $4.5 million at Yuzhny seaport in the Odesa region.

KYIV, Aug 10 – The automated VAT refund system has allowed cutting a VAT refund debt by UAH 41.4 billion or 60%, and will be able to repay all debts by the end of the year, acting Head of the State Fiscal Service Myroslav Prodan said.

KYIV, Aug 9 - Russian websites dropped out of 10 most popular online portals in Ukraine by end-July following President Petro Poroshenko’s order to block Russian internet companies on spying concerns, according to CMeter research conducted by Kantar TNS.