KYIV, March 25 – The International Monetary Fund (IMF), following the third review of the Extended Fund Facility Arrangement for Ukraine, still considers the end of active hostilities in 2024 as the baseline scenario, however, in the updated downside scenario maintains the assumption of a more intense war running into 2025, the IMF has slightly improved its macroeconomic forecast.

KYIV, March 24 – ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) notes an increase in demand for iron ore products this year, increases production of iron ore and the shipment of iron ore raw materials to Poland.

KYIV, March 24 – ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) ended 2022 with a significant net loss due to the war and the operation of the enterprise at 25% of its capacity, however, it received financial assistance from ArcelorMittal Corporation in the amount of $600 million.

KYIV, March 27 – The network of filling stations WOG expects to return to pre-war volumes of sales of petroleum products in two years, CEO of the group Andriy Pyvovarsky said in an interview with Forbes Ukraine.

KYIV, March 27 – In the first 15 days of March 2023, Ukraine exported 3.8 million tons of agricultural products, which is 100,000 tons more than in 15 days of February this year, the Ministry of Agrarian Policy and Food announced on Monday.

KYIV, March 27 – Ukraine’s metallurgical industry will recover only after the ports are unblocked – the opening of seaports not only for grain, but also for steel exports, could bring Ukraine up to $600 million in foreign currency proceeds every month, according to the Metinvest mining and metallurgical group.

KYIV, March 27 – Industrial production in Ukraine in 2022 fell by 36.9%, while in 2021 an increase of 1.9% was recorded, the State Statistics Service of Ukraine reported on Monday.

The statistical office said that in December 2022 compared with December 2021, industrial production in Ukraine decreased by 44.1%, while in November the decline was 41.9%, and in October it was 41.6%.

KYIV, March 27 – Cyprus-based Overin Limited, created in July 2016, has announced its plans to acquire 99.8308% of shares in private joint-stock company HeidelbergCement Ukraine (Dnipro).

KYIV, March 26 – A working group, including the National Bank of Ukraine (NBU), the Deposit Guarantee Fund (DGF) and the World Bank, proposed the key steps towards harmonization of national laws with EU Directives, specifically with Directive 2014/59/EU, establishing a framework for bank recovery and resolution (BRRD), the NBU reported.

KYIV, March 26 – France's Aigle Azur airline in 2019 plans to service 9-10% of passenger flow between Kyiv and Paris, which is around 16,000 passengers, Aigle Azur President and Chief Executive Officer (CEO) Frantz Yvelin has said at a press conference in Kyiv.