KYIV, May 20 – Due to the negative impact of the coronavirus crisis, the Ukrainian restaurant market may halve in the next six to 10 months, Taras Serediuk, founder and co-owner of the Mafia restaurant chain, has said.

KYIV, May 20 – Ukrainian business leaders said the government should strengthen protectionist policy following the footsteps of the U.S. and other countries.

KYIV, May 17 – The European Bank for Reconstruction and Development (EBRD) will provide a EUR 19.7 million loan to Scatec Solar to implement a project to build a solar power plant in Cherkasy region, according to a posting on the website of the EBRD.

KYIV, May 17 – Power prices for businesses may increase at least 25% if Energoatom, in the absence of auctions for signing bilateral agreements, sells all its volumes in the "day ahead" market and sets the maximum possible price, Head of Ukrenergo Vsevolod Kovalchuk said.

KYIV, May 17 – International investors believe it is unlikely that PrivatBank (Kyiv) will be returned to private ownership due to large risks for the country.

"It will be such a painful signal [for investors] that it is unlikely to happen," Regional Manager, Belarus, Moldova and Ukraine at IFC (the International Finance Corporation) Jason Pellmar said, speaking at the conference Ukraine: Game of Thrones. Final Season? organized by Concorde Capital in Kyiv on Thursday.

KYIV, May 18 – The largest state-owned bank PrivatBank launched the Apple Pay service on Thursday.

"Apple Pay in Ukraine! Today PrivatBank launched this globally popular payment service," Ukrainian Finance Minister Oleksandr Danyliuk wrote on his Facebook page. He said that this is the indicator of the attractiveness of the Ukrainian market for global innovative companies.

KYIV, May 18 – Top managers of the Ukrainian Association of Scrap Metals and Resources (UAVtormetresurs) said plans by metal sector lobbyists to extend the export duty on scrap ferrous metal and increase it from EUR 30 per ton to EUR 42 per ton are anti-competitive, which puts both Ukrainian business and Turkish enterprises, the key buyer of Ukrainian scrap, at disadvantage.

KYIV, May 18 – Ukraine International Airlines (UIA, Kyiv) has expanded its fleet with one more new Boeing 737-800 Next Generation plane, which was delivered to the Boryspil airport from the plant of Boeing Concern in Seattle on Wednesday, May 16.

KYIV, May 17 – Parliament introduced amendments to address shortage of ferrous metal scrap in the domestic market, which have raised the export duty rate from EUR 30 per ton, to EUR42 per ton and extended its effect for another 12 months.

KYIV, May 17 – Ukraine’s National Guard received the first 500 40mm shoulder-fired rocket launchers PSRL-1 (also known as RPG-1) manufactured in the United States, Interior Minister Arsen Avakov said.