Ignore the Headlines: Momentum is Moving in Ukraine’s Direction, not Russia’s For all the talk of the Kremlin’s rising confidence since late 2023, the reality is in fact far from encouraging for Russia. Rather oddly, a nation mired in a foreign war it cannot easily extricate it... #MarkMcNamee #Putin #PutinLosingWar #PutinWarinUkraine
The impact of the global recession on Ukrainian IT in 2023. The recession will affect one-third of the global economy in 2023, according to Kristalina Georgieva, director of the International Monetary Fund. This is due to the simultaneous slowdown of three lar... #IT #IT2023 #ITtrends #ITukraine #RuslanaKraeva #Yalantis
Thousands of volunteers have united to help Ukraine . Many volunteers from Ukraine and other countries help Ukraine Army forces or participate in the restoration of ruined towns, buildings, and homes of Ukrainian citizens. There is an organization you ... #HelpUkraine #Ukrainewar #Volunteers
Avenga buys Ukrainian company Perfectial. Avenga, an international firm that specializes in implementing IT solutions for the medical, pharmaceutical, financial, insurance, and automotive industries has purchased Perfectial. Among the company... #Avenga #ITukraine #Perfectial
The share of low-cost carriers using Boryspil airport has reached 40%. This includes the traffic of hybrid airlines and low-cost carriers which now account for 40% of the total passenger traffic at Boryspil Airport on international scheduled flights in 2021. In 2017, the... #Boryspil #LowCostCarriers #LowCostFlights
Ukrainians can work in Poland for up to 2 years without a permit. The country is preparing to extend the right to work for Ukrainians from 6 to 24 months, reported euroinegration.com. Now the declaration of work assignment to a foreigner (so-called simplified regime... #ukrainiansinpoland #WorkinPoland #Workpermitsinpoland
37 cruise liners are expected to visit Odesa next year. International cruise companies will resume their routes which include stopping at Odesa. The visits by cruise liners will bring 25,000 tourists to Odesa, announced the Director of the Department of Cu... #CruiseLinersgotoOdessa #Odessa #TraveltoOdessa
EU changes entry rules from March 1, 2022. All vaccinated travelers will be given the green light. The European Commission presented proposals to update the rules for free and safe travel for people in the EU, announced the European Commission... #CovidRulesforTravel #EUtravelRules #TaveltoEU
The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will... #GermanySupportsUkraine #OlafScholz
Ukraine has launched a special operation Polissia on the border with Belarus. It involves forces of the National Guard, National Police, Armed Forces, and border guards. The press service of the State Border Guard Service of Ukraine said. “These are further measures to increase... #operationPolissia #UkraineBelarusBorder
The Bureau of Economic Security (BEB) expects to be approved prior to its launch on November 25. The Bureau will have exclusive powers to investigate financial and tax offenses, tax fraud, falsification of tax reporting production, distribution of illegal excisable goods (alcohol, tobacco, fuel),... #BureauofEconomicSecurity #EconomicSecurityUkraine
Foot traffic in shopping malls is down by 30%. The drop in foot traffic at shopping and entertainment centers in Ukraine ranged from 20% to 30%, reported Interfax. The lower number of visitors is due to the introduction of quarantine restrictions,... #retailUkraine #ShoppingMallsUkraine #ShoppingMallTraffic
Ukraine started working on the development of a shipbuilding strategy. The Ministry of Infrastructure and the Ministry of Economy is developing a strategy for the development of shipbuilding. “We are creating conditions for the development of water transport. There is a ... #ShipBuildiingUkraine #ShipBuilding
Special obligation regime for airlines to stimulate domestic air traffic. The Ministry of Infrastructure of Ukraine is considering introducing a rule of special obligations for airlines to boost the domestic air transportation market. “Now, we are actively working on ... #AirTrafficUkraine #DomesticAIrlines
The United States is considering sending extra weaponry and advisers to Ukraine amid the potential of a Russian invasion. The discussions about the proposed lethal aid package are happening as Ukraine has begun to warn publicly that an invasion could happen as soon as January 202... #JavelinforUkraine #USandUkraine #USweaponsforUkraine
Industrial production in Ukraine in October grew by 1.4%. compared to October 2020, reported State Statistics Service. The increase in output was recorded in all sectors: in the extractive industry by 0.6%, in the processing industry by 0.4%, but the largest... #IndustrialProductionUkraine #UkraineIndustrialProduction
A Turkish company plans to build a bitumen plant in the L’viv region, the L’viv Regional State Administration announced on Facebook. Maksym Kozytskyi said that the Turkish construction and investment company Beta Engineering is exploring the L’viv region as a platform f... #BetaEngineering #BetaEngineeringinUkraine #bitumenplant #bitumenplantLviv
Exports of Ukrainian goods and services to the EU grew by almost 48% in three quarters of this year compared to the same period in 2020. The corresponding growth in imports is 26.8%, reported the press service of the Ministry of Economy. Exports from Ukraine amounted t... #ExporttoEU #ExporttoEurope #UkraineexportstoEurope
Trade development between Ukraine and Nova Scotia. The Ukrainian Ambassador to Canada, Larisa Galadza met with Nova Scotia Minister of Fisheries and Aquaculture, Steve Craig, in Halifax to discuss trade cooperation between Ukraine and Nova Scotia. Sin... #TradewithNovaScotia #UkraineandNova Scotia
A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice P... #EBRDandUkraine #EBRDdelegation #EBRDinUkraine
Ukraine has initiated discussions on Polish permits and the liberalization of transit freight from the EU with the European Commission. The Deputy Minister of Infrastructure of Ukraine, Mustafa Nayem, has asked the Director-General of DG MOVE of the European Commission Henryk Hololeem to hold ... #Polandpermits #TransportationPermitswithPoland #TruckPermits
The Polish national carrier LOT announced a new route from L’viv. LOT’s flight program for winter navigation in 2021/2022 has been announced, and starting on December 10, 2021 LOT will fly from L’viv to the Polish city of Zelena Gora. Tickets are already available f... #FromLvivtoZelenaGora #LOT #LOTairlines
Air Ocean Airlines has launched a new flight from Zaporizhzhia to Kyiv. Starting today, Zaporozhians can fly to Kyiv every day at 8.10, and the return flight to Zaporizhzhia is at 19.00. Tickets will cost between UAH 700 – 800 ($30), and the airline uses An-148 airc... #AirOcean #KyivtoZaporizhia #LocalFlights
Ukraine will present its film locations at an exhibition in London. FOCUS – one of the leading world events dedicated to promoting film locations and production services from around the world – will take place in London from December 7 to 10 December 2021.... #FOCUS #FOCUSlondon
New FTA agreements will boost Ukrainian exports. The agreements between Ukraine, Egypt, Jordan, and Tunisia are expected to be signed, announced the First Deputy of Prime Minister, Yulia Svyridenko. In total, these three free trade zones will increa... #FTAwithUkraine #UkraineFreetradeagreements
Cyprus Court of Limassol has requested Kolomoisky to appear in court to answer to legal action by PrivatBank. On April 3, 2020, PrivatBank filed a new lawsuit in Cypriot courts, in the Limassol District Court, seeking damages of $5.5 bln for fraudulent schemes including money laundering. The bank claims were ... #KolomoiskyandBogolubov #KolomoiskyinCyprusCourt #PrivatbankCase
Ukraine has already harvested 76.7 mln tons of grain, on an area of 14.9 mln hectares announced the Ministry of Agrarian Policy and Food. On average, the yield from 14.9 hectares was 51.6 centners per hectare, 76.7 mln tons of grain were harvested. Corn ...
Milk production in Ukraine decreased by 6%. The gross milk yield for 10 months of the current year amounted to 7.53 mln tons, which is 6% less than for the same period last year, announced the Association of Milk Producers. This drop is due to ...
Ukraine is second in Europe and third in the world in daily Covid death increase. 752 people died due to complications caused by a coronavirus in Ukraine on November 17. Thus, Ukraine ranked third in the world and second among European countries in terms of daily mortality from cor... #covid19 #CovidUkraine
Alexei Reznikov, visits the United States for the first time in his capacity as the Ukrainian Minister of Defense. Talks are scheduled to be held at the US Secretary of Defense, the State Department, and Congress. “Among the topics of discussion are the strategic partnership between Ukraine and the United St... #DefenseUkraine #OleksiyReznikov #USdefense
Uber announces termination of the shuttle service in Kyiv. The service which provided passenger transportation by mini buses for 2.5 years, will stop working in Kyiv on November 19. Uber promised to return the unused balance of Shuttle packages, valid as of N... #UberCanceledSHuttleService #UberSHuttle #UberUkraine
Ukrzaliznytsia (UZ) plans to upgrade more than 50,000 railroad cars by 2028. The program of large-scale modernization by UZ includes the renovation of more than 50,000 freight and passenger cars by 2028. The First Deputy Minister of Infrastructure of Ukraine, Vasyl Shkurakov, ... #FreighWagonUpgrade #UkraineRailways #Ukrzaliznytsia
Ukraine and the EU agreed on the next steps for the implementation of the Common Aviation Area Agreement and discussed the removal of barriers to trade. The Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine, Olga Stefanishina, met with the European Commissioner for Transport, Adina Velyan, in Brussels. They discussed the impl... #CommonAviationArea #EUandUkraine #EUandUkraineCommonAviationArea
Editor’s note: Ukraine Business News is excited to become a media partner for Vestbee, a matchmaking platform for startups and Investors. You can join European Startup Challenge organized by Vestbee and get a fast t...
Manipulation of European funds by Ukrainian officials will be the basis for DTEK Renewables lawsuits in the international courts. The Ukrainian Guaranteed Buyer has acknowledged manual intervention in distributing the European targeted loan to repay debts to green investors, including DTEK Renewables. One result of the Illegal a... #DTEK #GreenENergy #RenewableEnergy
European rules of multimodal transport will apply in Ukraine. The Ukrainian Parliament defined the concept of multimodal transport, approved their rules, and identified those responsible for damage to goods, reported ukrinform. The law determines the legal and o... #multimodaltransport #multimodaltransportLaw
The Ukrainian Parliament adopted the Law on Administrative Procedure. Thus, Ukraine joined most EU and OECD countries where there is a unified administrative procedure for all cases of interaction between citizens and businesses with public authorities. This new legisla... #AdministrativeProcedure #AdministrativeProcedureLaw
Ukrainian carriers will receive 8,000 additional permits from Germany. The Ministry of Infrastructure has agreed with the German authorities to issue 8,000 additional permits for Ukrainian trucks for 2022. The relevant agreement was reached by the Ministry of Infrastruct... #GermanPertmits #GermantruckPermits #TruckPermitsforUkraine
The State Property Fund (SPF) will put a diamond processing plant up for auction for the second time. The Vinnytsia Crystal Plant will be auctioned on December 17, announced the Prozorro.Sales website. The starting price is UAH 89.9 mln ($ 3.4 mln). #BigPrivatization #DimondPlantPrivatization #DimondPressingPlant #privatization
Glovo chose Kyiv for expansion into the markets of post-Soviet countries. The Spanish company Glovo, which offers a delivery service via a mobile application, estimates its share in the Ukrainian market at 80%. Glovo continues to grow: in April, the company raised €450 mln ... #Glovo #GlovoExpansion #glovoukraine
Azur Air Ukraine opens a direct flight from Odesa to an Egyptian resort of Marsa El Alam. Starting November 25, the airline will launch weekly flights on the route Odesa – Marsa El Alam for the period of winter navigation until March 24, 2022. The flights will be operated every Thurs... #AzurAir #FlightstoEgypt #KyivtoEgypt
Diia Covid certificates will be recognized outside of the EU. The Ministry of Foreign Affairs is negotiating the recognition of COVID certificates in the application “Diia” with seven countries outside Europe. “Our COVID digital certificates ar... #DIIA #DiiaAppUkraine #DiiaCertificates
Editor’s note: When one oil and gas producer starts to manipulate prices and sabotage the economies of half the planet, world leaders must take a stand to stop illegal practices. As most countries have antitrust leg...
The Secretary of State for British Defense arrived in Ukraine. Ben Wallace arrived in Ukraine on a working visit, reported the Ukrainian Ministry of Defense. #BenWallace
France will defend the territorial integrity of Ukraine, reported the French newspaper L’Orient-Le Jour. Emmanuel Macron expressed to Vladimir Putin “our strong concern and our will to defend the whole of Ukraine’s territory.” The Un... #FrenceandUkraine #FrnacedefendsUkraine #MacronSupportsUkraine
Ukrposhta launches new service “delivery of documents”. The new service will guarantee delivery within two working days within regional centers and between regional centers. Ukrposhta said that the pilot launch of the new service is targeted at clients who... #UkrainePostOffice #Ukrposhta
Ukraine will spend $490 mln to fight COVID-19. The country will enter loan agreements of $490 mln (UAH 12.8 bln) to finance measures related to the fight against COVID-19. The announcement was made by the Ukraine Ministry of Health. One agreement ... #fightingCovid #UkraineCovid19
Editor’s note: Mortgage rates in Ukraine decreased by 1.5%. As of today, the average rate is 13-15%. 3-4 years ago, the average mortgage rate was 21-22 %. Therefore, if you take a loan today, you will pay double the...
Naftogaz will participate in the certification of Nord Stream-2. The German energy regulator BNetzA has allowed Naftogaz Ukraine to take part in the certification of the Nord Stream-2 gas pipeline operator. This was announced by the CEO, Yuri Vitrenko. “The regulat... #NaftogazParticipationinCertification #NaftogazUkraine #nordstream2 #NordStream2Certification
Ukrainian Railways (UZ) raises freight rates for iron ore transportation. From January 1, 2022, UZ will increase the tariff by an additional 9%. The change of the tariffs should bring the company an additional UAH 2 bln ($76 mln) of revenue in 2021, and UAH 10 bln ($381 mln... #RailroadFreightRates #UkrainianRailways #Ukrzaliznytsia #UZfreightrates
