KYIV, March 31 – Parliament on Monday approved legislation that increases amounts of income for taxpayers that may claim favorable fixed tax regime popular among small business owners and entrepreneurs in Ukraine.

KYIV, March 30 – Ukraine’s economy may contract 2.6% on the year in 2020 in the best case scenario if the government secures lending from the International Monetary Fund soon, J.P. Morgan investment bank said in research report.

KYIV, March 31 - Ukraine’s largest coal producer DTEK said Tuesday it started talks with international creditors over restructuring of debts, the latest sign of stress on the company from the coronavirus pandemic.

KYIV, March 29 – The DCH Group, uniting assets of Ukrainian businessman Oleksandr Yaroslavsky, under a strategy of increasing effectiveness of the mining and metal business has created DCH Steel, which will manage the respective assets: Dniprovsky Metallurgical Combine (DMZ, Dnipro) and Sukha Balka ore mining enterprise (Kryvy Rih).

KYIV, March 28 – The shareholders of Ukrnafta, the country’s largest oil company, at a meeting on March 28 voted for the early termination of office of chairman of the board Mark Rollins from April 30, and electing Oleh Hez acting chairman, as well as reshuffled the supervisory board including independent members in it, sources said.

KYIV, March 29 – A Ukrainian defense group sold the first batch of new electromagnetic pulse weapons to India. The weapon intended to hit various types of radio-electronic equipment designed by Ukrainian defense enterprises.

KYIV, March 28 – The project to revitalize the industrial territory of the Rybalsky peninsula, which City One Development (Kyiv) presented from Ukraine and Kyiv at the international exhibition MIPIM in Cannes (France) in March, caused a high interest of international investors.

KYIV, March 28 – The Reni branch of the Ukrainian Sea Ports Authority is mulling a possibility of attracting an investor for the implementation of a public private partnership project on the creation of a terminal for accepting, accumulating, storing and bunkering vessels with liquefied natural gas (LNG) at the Reni seaport.

KYIV, March 28 – Multiplex-Holding plans in 2019 to expand the number of cinema halls of the Multiplex cinema chain in Ukraine by 28.7%, to 166 halls, Multiplex-Holding Director General Vitaliy Pysarenko said.

KYIV, March 29 – Kness Group, a large EPC (engineering, procurement and construction) contractor in Ukraine, plans to build around 500 MW of capacities of solar power plants in 2019 for various investors, boosting the volume of projects implemented by the company to 1 GW, Kness Group co-founder Yevhen Didichenko said on Thursday during the discussion devoted to the renewable energy in details organized by Golaw law firm.