KYIV, May 26 – Ukraine's economy probably contracted 12% on the year in April, worsening following 4.5% contraction in March and may result in 10% contraction for the entire 2020, the ICU Group reported.

KYIV, May 27 – Leroy Merlin Ukraine LLC (Kyiv), developing the DIY hypermarket chain of the French brand Leroy Merlin, plans to open a new store in Kyiv in 2010 and is seeking to open two stores of the chain every year in the future, including in large cities of the Ukrainian regions.

KYIV, May 24 – TE Connectivity, a leading manufacturer of electronic components for various industries, has decided by the end of this year to close its Tyco Electronics Ukraine Limited plant in Ivano-Frankivsk, which has been manufacturing cable for the leading automotive brands for over 10 years.

KYIV, May 24 – Ukrainian businessman Ihor Kolomoisky has proposed to sign an amicable agreement for PrivatBank (Kyiv) in exchange of around 25% of shares in the bank.

KYIV, May 27 – The consolidated revenue of Metinvest B.V. (the Netherlands), the parent company of Metinvest mining and metallurgical group, in January-March 2019 fell by 5% year-over-year, to $2.86 billion.

KIEV, May 26 – The Federation of Trade Unions and other trade unions will begin a series of pickets against the Cabinet of Ministers on May 27 aimed at increasing wages, paying wage arrears and forcing the government to hold a dialog with society.

KIEV, May 27 – PrivatBank owner Ihor Kolomoisky is seeking to recover in court about UAH 3 billion in debts from affiliated Kiev-based AeroSvit airlines, which has ceased operation.

KIEV, May 27 – Ukraine's Finance Ministry said it welcomes the successful negotiations on debt re-profiling between state-owned Ukreximbank and the holders of about 30% of all three issues of the bank's loan participation notes (LPN) maturing in 2015, 2016, and 2018, worth about $1.5 billion.

KIEV, May 27 – The European Bank for Reconstruction and Development (EBRD) plans to implement 130 projects in Ukraine in 2015 under a program to provide business advice to small- and medium-sized businesses (SMBs).

KIEV, May 27 - Ukraine paid $30 million to Russian natural gas giant Gazprom to secure imports of Russian gas in May, Naftogaz Ukrayiny, the national energy company, reported Wednesday.