KYIV, April 21 – The level of the shadow economy in Ukraine in January-September 2020 amounted to 31% of GDP, which is 3 percentage points (p.p.) more compared to the same period in 2019, according to an analytical report of the Economy Ministry.

KYIV, April 22 – S&P Global Ratings has downgraded Ukrainian railroad company Ukrzaliznytsia from "B-" to "CCC" on increased refinancing risk.

KYIV, April 21 – About 29.5% of companies surveyed by the National Bank of Ukraine (NBU) expect a 5-25% reduction in sales in the next 28 days, and another 26.5% expect more than 25% reduction, the NBU reported. This is a slight improvement from the previous week, when the figures stood at 34% and 23.5%, respectively.

KYIV, April 22 – Demand for coworking and flexible offices in Ukraine will increase due to quarantine and economic problems in 2020, Founder of Creative States, a network of premium flexible workspaces, Ilia Kenigstein has said.

KYIV, April 22 – Ukraine delayed privatization of several large state companies, such as State Food-Grain Corporation, Artyomsol and Khlib Ukrainy, as the Cabinet is yet to sign resolution, Dmytro Sennychenko, the head of the State Property Fund, said.

KYIV, April 22 – The second plant for the production of automotive electronics of Kostal Ukraine LLC, a subsidiary of Germany's Leopold Kostal GmbH & Co, will be constructed in Boryspil district of Kyiv region, the Boryspil district state administration reported.

KYIV, April 22 – Bader Ukraine, the manufacturer of leather upholstery for the world's leading automakers, is gradually resuming production at a plant in Llviv region as car companies slowly open up after coronavirus quarantine.

NIKOPOL, April 19 – Solar Farm 1 LLC, part of DTEK Renewables B.V., has officially launched Ukraine's largest Nikopol solar power station with an installed capacity of 200 MW.

NIKOPOL, April 19 – DTEK has said it expects the decision of the permanent arbitration court in The Hague on the claim to the Russian Federation about assets lost in Russia-annexed Crimea in the first quarter of 2020, DTEK CEO Maksym Tymchenko told journalists in Nikopol on Friday.

KYIV, April 19 – Russia's expanding the list of cardboard and paper products, the import of which is prohibited from Ukraine, will not significantly affect the work of the industry, however the ban will become a problem for the export of cardboard boxes, bags and package, the executive director of the UkrPapir association, Eduard Lytvak, has said.