KYIV, Jan 28 - The National Bank of Ukraine (NBU) has downgraded its estimate of the growth of the country's gross domestic product (GDP) in 2021 from 3.1% to 3%, in 2022 - to 3.4% from 3.8%, the NBU said in an inflation report for January, posted on the official website.

KYIV, Jan 28 – National Nuclear Generating Company Energoatom plans to sign an agreement with the French operator of nuclear power plants Electricite de France SA (EDF) on cooperation in the development of nuclear energy, Head of the company Petro Kotin has said.

KYIV, Jan 25 – Coal reserves in the warehouses of Ukrainian thermal power plants (TTPs) as of January 25 amounted to 455,000 tons, which is a record minimum, and does not ensure the energy security of the country, Chief Operation Officer at NPC Ukrenergo Vitaliy Zaichenko said at a meeting of the National Energy and Utilities Regulatory Commission (NEURC) on Monday.

KYIV, Jan 25 – Ukraine and Vietnam will resume work on a free trade area agreement (FTA), Deputy Minister of Development of Economy, Trade and Agriculture, Trade Representative of Ukraine Taras Kachka said.

KYIV, Jan 25 – Oil transit through Ukraine by pipeline to European countries and Belarus decreased by 0.4% (by 54,500 tons) in 2020 compared to 2019, to 13.07 million tons, according to the data of Ukrtransnafta.

KYIV, Jan 25 – Ukrainian developers consider building more shopping and entertainment malls within residential neighborhoods of major cities in response to growing demand for nearby shopping due to COVID-19, according to major retailers.

KYIV, Jan 26 – The State Service for Geology and Subsoil of Ukraine, together with UkraineInvest Investment Promotion Office, expects about $10 billion in investments in the development of areas with deposits of critical and strategic minerals, in particular, lithium, titanium, uranium, nickel, cobalt, niobium and others.

KYIV, Jan 26 – The second decade of January brought lower prices for cast iron in all markets around the world, cheaper scrap metal and ore on the spot market and weakening demand for flat-rolled products, and thus forced traders to make concessions.

KYIV, Jan 27 – The National Bank of Ukraine (NBU) has approved new requirements for banks to determine the size of credit risk for active banking operations, Deputy Governor of the NBU Yuriy Heletiy said.

KYIV, Jan 27 – PrivatBank, Ukraine’s largest bank, said Wednesday profits dropped 22.4% on the year to UAH 25.3 billion in 2020, down from UAH 32.6 billion in 2019, due to higher expenses caused by the coronavirus pandemic.