KYIV, May 5 – Ukraine’s economy, hit by coronavirus pandemic, will probably contract 11.3% on the year in the second quarter, compared with 0.5% contraction in the first quarter, the National Bank of Ukraine (NBU) reported Tuesday.

KYIV, May 3 – South Korea's Hyundai is interested in a tender of the European Bank for Reconstruction and Development (EBRD) to build subway in Kharkiv, Ukraine's Infrastructure Ministry has reported on its website.

KYIV, May 3 – The Ukroboronprom state concern and Turkey's ASFAT (Military Factory and Shipyard Management Inc.) within the body of Ministry of National Defense of Turkey have signed a memorandum of understanding (MoU) seeking to develop defense cooperation, the press service of the concern reported on Thursday.

KYIV, May 2 – Ukraine on May 1 significantly boosted imports of natural gas from Europe, loading the Slovakian pipeline by 75.5% of the existing capacity compared with 22.4% of loading during April 2019.

KYIV, May 2 – The European Bank for Reconstruction and Development (EBRD) intends to consider granting a loan in the amount of EUR7 million to Energopark Yavoriv LLC for the construction of the second stage of Yavoriv solar power plant with a capacity of 36 MW.

KYIV, May 2 – PrivatBank's loan portfolio (Kyiv), which is classified as the one associated with the previous shareholders according to National Bank resolution No. 315 of 2015, reached UAH 212.8 billion at the end of 2018 compared to UAH 185.58 billion at the end of 2017, according to the bank's annual audited statements on its website.

KIEV, May 5 – Large flour, bread and pasta producer Lauffer Group's property losses because of the Russian annexation of Crimea and occupation of Donbas in eastern Ukraine are tentatively estimated at about UAH 2.5 billion (about $100 million), the company said in a statement.

KIEV, May 5 – Co-chairs of the Group of Strategic Advisors for Support of Reforms in Ukraine, Leszek Balcerowicz and Ivan Miklos, have called for strengthening of the stability of the financial sector.

KIEV, May 5 – EnergoAtom has supplied a batch of nuclear fuel produced at Westinghouse's Sweden-based facilities to Zaporizhia nuclear power plant for uploading into its fourth reactor.

KIEV, May 5 - Ukraine has not given up its Russian debt liabilities worth $3 billion. A moratorium on the repayment of the debt was dictated by objective circumstances and the nature of that loan, Ukraine's Ambassador-at-Large Dmytro Kuleba said.