KYIV, March 26 – Ukraine’s five-star hotels record largest losses in the hotel market of Ukraine as a result of coronavirus quarantine, according to a survey of Ukrainian hotel market players conducted by Colliers International (Ukraine) and Vertex Hotel Group.

KYIV, March 26 – Interpipe, a Ukrainian industrial company, announces a possible reduction in product sales in the second and third quarters of this year by 30-50% due to lower oil prices and lower activity of major consumers of oil and gas pipes, as well as an epidemic of coronavirus in the world.

KYIV, March 26 – Foreign Minister Dmytro Kuleba during a telephone conversation with Romanian Foreign Minister Bogdan Aurescu have agreed on the protection of Ukrainian citizens in Romania during traffic restrictions and uninterrupted transit of Ukrainian goods through Romanian territory, the Foreign Ministry said.

KYIV, March 28 - Marcopolo Commodities S.A. grain trader (Switzerland) has decided to open its representative office in Ukraine by July in order to improve the efficiency of work of the Black Sea market.

KYIV, March 28 – The agreement on free trade area (FTA) between Ukraine and Israel foresees the annulment of import duties for 80% of industrial goods from Ukraine to Israel and some agricultural products from the moment when the document takes force, Deputy Minister of Economic Development and Trade, Trade Representative of Ukraine Natalia Mykolska said.

KYIV, March 29 – The Justice Ministry will sign a contract with Hogan Lovells International LLP law firm to assist in proceedings under a lawsuit filed by minority shareholders of oil producer Ukrnafta against Ukraine seeking to collect $5.4 billion.

KIEV, March 28 - Real wages in Ukraine increased by 18% in February compared to February 2016 and compared to January 2017 by 2.3%, the State Statistics Service reported.

MOSCOW, March 28 - VTB is not ruling out the option of transforming its Ukrainian subsidiary - VTB (Ukraine) - into a financial company, and will make a final decision on the subsidiary's fate before the end of 2017, VTB Chairman Andrei Kostin told journalists on the sidelines of the Association of Russian Banks congress.

KIEV, March 29 – The introduction of the fee for gas distribution by the National Commission for Energy, Housing and Utilities Services Regulation in April lifts obstacles for supply of gas by Naftogaz Ukrayiny directly to households, Deputy Board Chairman of New Energy of Ukraine alliance Myroslav Bodnar said.

KIEV, March 29 – NORD refrigerator producer, which halted operations at the facilities of Donetsk refrigerator plant, has transferred refrigerator production to China, to the platform of the Midea multi-industrial corporation manufacturing household appliances, PJSC Nord said on its website.