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     Business    

<< | 1909 | 1910 | 1911 | 1912 | 1913 | 1914 | 1915 | 1916 | 1917 | >>Total: 2108

EBA urges Ukraine to streamline customs regime after 6 years of red tape

KYIV, Feb 1 – The European Business Association (EBA) asks the leadership of the National Bank of Ukraine (NBU), the Ministry of Finance, the State Tax Service and the State Customs Services to resume the dialogue on the launch of the customs warehouse regime and accelerate the introduction of the necessary amendments to the regulatory legal acts, since for more than six years in Ukraine, the customs warehouse regime has not been fully operational due to bureaucratic red tape.


Ukrainians see gas price hike unreasonable during pandemic, poll shows

KYIV, Feb 2 – Some 87% of Ukrainians believe that the increase in gas, electricity and heating tariffs is unreasonable and has nothing to do with the current economic situation, according to results of a sociological survey conducted by the Social Monitoring Center on January 15-25.


Ukrainian farmers may cite COVID-19 to get out of 2020/2021 corn contracts

KYIV, Feb 3 – About 30% of Ukraine’s futures contracts for corn in the 2020/2021 marketing season will probably not be delivered as some farmers will cite COVID-19 emergency as the reason to get out of the contracts, Mykola Horbachev, President of the Ukrainian Grain Association (UGA), said.


China warns Ukraine about sanctions, asks to resolve Motor Sich dispute

KYIV, Feb 2 – China warned Ukraine against imposing sanctions on Chinese companies and asked to resolve a dispute over an acquisition of a Ukrainian aerospace company within boundaries of international law and bilateral agreements.


Zaporizhia power plant shuts in emergency

KYIV, Feb 3 – A major fossil fuel-burning power plant in Zaporizhia region unexpectedly shut down on Wednesday, briefly leaving several regional cities without power supply, due to suspected short circuit, officials said.


Ukraine plans to launch Earth monitoring Sich-2 satellite by end-2021

KYIV, Feb 2 – Ukraine plans to launch the remote sensing spacecraft Sich 2-30 (2-1) into Earth orbit by the end of 2021, Deputy Prime Minister, Minister for Strategic Industries of Ukraine Oleh Urusky has said.


Ukraine resorts to power imports from Russia due to freezing weather

KYIV, Feb 2 – Ukraine needs to import electricity, since domestic generation, amid a significant drop in temperature in February, cannot provide consumers with a resource at the required level due to insufficient coal reserves in the warehouses at thermal power plants, which make up 44% of the minimum guaranteed reserves and 21% of last year, Head of the Verkhovna Rada Committee on Energy, Housing and Utilities Services Andriy Gerus said.


Court backs Tedis-Ukraine to cancel UAH 3.5-bln fine on tobacco distributor

KYIV, Feb 3 – The Supreme Court has sided with tobacco wholesale firm Tedis Ukraine against the Antimonopoly Committee of Ukraine and invalidated the earlier decision of the committee to impose a fine of UAH 3.4 billion on the tobacco distributor.


Metinvest increases steel output 3% on year in 2019

KYIV, Jan 31 – Metinvest, the largest Ukrainian mining and metallurgical holding, increased steel production by 3% in 2019 compared with 2018, to 7.578 million tons, and pig iron production fell by 3%, to 7.928 million tons, and total coke production – by 11%, to 4.667 million tons.


Ukraine now faces less risk for businesses, OSCE says in report

KYIV, Jan 31 – The Organization for Economic Co-operation and Development (OECD) on Friday improved the assessment of Ukraine's country risks, putting the country from the seventh to the sixth group of the classification of countries participated in the Arrangement on Officially Supported Export Credits.


    Archive of Business
Currencies (in hryvnias)
  21.03.2025 prev
USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

Stock Market
  20.03.2025 prev
PFTS 507.0 507.0
source: PFTS

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