KYIV, June 2 – McDonald's will focus on building new restaurants to expand in Ukraine, but will postpone upgrading existing outlets in the country due to coronavirus restrictions, the company said Tuesday.

KYIV, June 3 – PrivatBank was the most profitable Ukrainian bank in January-April after reporting UAH 17.285 billion in net profit, while the state-owned Ukreximbank recorded the largest loss – UAH 1.659 billion, the National Bank of Ukraine aid.

KYIV, June 3 – Ukraine’s largest privately-held coal mining and power generating group DTEK said Wednesday the Anti-Monopoly Committee had found the company not controlling the dominant position on the regional power market.

KYIV, June 3 – An industrial lobby group urged the Ukrainian government to amend legislation in order to prevent an almost 50% increase in royalties on iron ore production amid looming crisis in the sector.

KYIV, June 2 – Ukraine’s market for consumer electronics expanded 8% on the year in May following a period of uncertainty caused by the coronavirus lockdown in March and April, GfK Ukraine reported.

KYIV, June 3 – Ukrainian business leaders remain pessimistic about economic prospects despite a slight improvement in business activity in May, the National Bank of Ukraine (NBU) reported Wednesday.

KYIV, June 3 – Prime Minister Volodymyr Groysman has declares that the Cabinet at the next meeting would make all the necessary decisions to launch the electricity market from July 1.

KYIV, May 31 – Legal restrictions of post-Soviet period for the full-fledged operation of private companies of the aerospace sector in Ukraine are absurd, and NewSpace private companies will shape the space launch market in the near future, the owner and director of private U.S. Firely Aerospace Inc. Max Polyakov said.

KYIV, May 31 – Infrastructure Minister Volodymyr Omelyan said the Ukrainian port sector could attract some $1 billion in investments in the coming years.

KYIV, May 31 – The European Bank for Reconstruction and Development (EBRD) could provide Kyivteploenergo with up to EUR140 million in a loan to modernize the heat and power complex of the capital, Senior Adviser of the EBRD Anton Usov said.