Partners news

Tuesday, November 16

Antonov has constructed the first AN-178 for the Armed Forces of Ukraine. The production of the AN-178 aircraft for the Ministry of Defense of Ukraine is proceeding according to the schedule. To date, the construction of the airframe of the first of the three aircraft has b...

The EU removed Ukraine from the green travel list as of November 9, 2021. This leaves the recommendation not to travel for tourism and only necessary reasons which include only work or study. However, some of the countries left their borders open for tourists from Ukraine. ...

Almost 40% of the Ukrainian population has been vaccinated with one dose of the Covid-19 vaccine and 28% of Ukrainians have been fully vaccinated, announced the Minister of Health, Viktor Lyashko.

Editor’s note: After negative publicity about not paying the RES debt, the relevant state enterprise relented and fulfilled its obligations. The new Director of “Guaranteed Buyer”, Vadim Ulida thanked the gove...

Monday, November 15

Coal production in Ukraine this year amounted to more than 24 mln tons, which is 6% higher than the planned production, announced the Ministry of Energy. In particular, 4.75 mln tons of coal were mined at enterprises under the Ministry of Energy.

“2,100 Russian troops are permanently present on the territories of the Donbas which are not under Ukraine’s jurisdiction”, said Commander-in-Chief of Ukraine’s Armed Forces, Valerii Zaluzhnyi. “The enemy strengthened the front units with tank groups and actively use...

Navies of Ukraine, the USA, Turkey, Romania conduct PASSEX-type exercise in the Black Sea. The announcement was made by the public relations service of the command of the Ukrainian Armed Forces. A total of seven ships took part in the exercise, two of which were from the Ukrainian Navy. The...

Three million visitors traveled to Ukraine in 2021. The number of visitors that traveled to Ukraine during the first nine months of 2021 increased by 12.6% compared to the same period last year announced the State Agency for Tourism Development of Ukra...

Editor’s note: Ukraine has made another wrong turn in relationships with RES producers. A few weeks ago, there was good chance for Green Energy producers to receive the payments for produced and distributed energy. ...

Friday, November 12

Antonov has signed a five-year contract with NATO, which gives the Alliance the right to use Antonov Airlines aircraft in emergencies, reported the press service of Antonov Airlines. Antonov has been participating in the NATO SALIS program since Decem...

Gazprom has returned to transporting contract volumes of gas, announced Gas transportation system of Ukraine (OGTSU). Gazprom has not booked additional transit volumes through Ukraine, and now the company has simply returned to contracted transportation of 109 m...

Rozetka the leading Ukrainian online marketplace, will expand to Uzbekistan. The company plans to develop networks in the regions of Uzbekistan, and is also developing a cross-board model that will make it possible to sell goods from the Ukrainian website to Uzbek customers an...

Editor’s note: The growth and expansion of locally grown businesses in Ukraine have seen them branch out into other regions where there is a demand for the product and or services. Rozetka is the next successful bus...

Thursday, November 11

The Minister of Foreign Affairs, Dmytro Kuleba, met with the US Secretary of State, Anthony Blinken in Washington to discuss the three most important issues, reported Interfax. “The first, Ukraine’s security, particularly the tensions in the east and Belarus. Secondly, Ukraine’s energy security as an ...

Ukrainian-based startup Matter Labs raised $ 50 mln. Founded by Ukrainian Oleksiy Hlukhivsky, startup Matter Labs is developing an Ethereum blockchain scaling protocol that reduces traffic in the main chain of Ethereum blocks. This solution allows devel...

Banks earned more fees from IGLBs than on loans to households or businesses. For three quarters of 2021, Ukrainian banks earned interest income from securities transactions to the value of ₴41.8 bln ($1.6 bln). At the same time, interest income from lending to individuals was ...

The National Commission is expanding the state register of securities issues. The commission will supplement the state register with information on: Issues of the bank’s deposit certificates registered by the Central Depository; NSSMC registered issues of derivative secur...

22% of Ista-Center to be privatized. The starting price is ₴13.8 mln ($530,000), and the asset includes more than 19 buildings with a total area of 23,796 square meters, located on 4.57 hectares of land. The main activity of Ista-Center ...

Multiplex holding cuts its losses. The Ukrainian cinema operator which has 28 multiplexes throughout the country has reduced its net loss by 34.1% in January-September 2021 compared to the same period in 2020 (₴71.6 mln – $2.73 m...

Ukraine sells timber on the stock exchange. In October, the state earned ₴825 mln ($31.5 mln) from the sale of unprocessed wood which was auctioned. The head of the NSSMC, Ruslan Magomedov, said: “Finally an organized commodity market ope...

Retail sales fell 70% in the first weeks of the current quarantine said Pavlo Savchuk of the ARGO retail chain. “The decline in the share of trade depends on the type of store. The large multi-brand retail chains experienced the most significant drop in sales”.

Plans for a high-speed train service from Kyiv to Warsaw. The Ministry of Infrastructure of Ukraine and its counterpart in Poland are preparing to launch a high-speed rail service on the Kyiv-Warsaw route, (Ukrinform). “The Polish government supports our ide...

Editor’s note: Ukraine started selling timber at auctions. From 2001 to 2020, 1.08 million hectares of forests were lost in Ukraine. This was a deforestation rate of 9.7% since 2000. After registering all the timber...

Wednesday, November 10

A new stage of judicial reform by President Zelensky. The President welcomed the current composition of the Ethics Council, which is designed to establish a candidate’s compliance for a member of the High Council of Justice with professional ethics...

Another 500 passenger cars will be built for Ukrzaliznytsia (UZ), reported Interfax. In the next two years, UZ will increase its fleet of passenger cars by purchasing another 500 units, said President Volodymyr Zelensky. “This year, Ukrzaliznytsia will receive...

The 2021 state budget deficit will be ₴170 bln ($ 6.46 bln) with an annual plan of ₴220 bln ($8.36 bln). The announcement was made by the Head of the Center for Analysis of Public Finances and Public Administration of the Kyiv School of Economics, Daryna March...

Ukraine may get a mobile online stock market trading platform. With the Ukrainian securities market is reviving, an online trading service will be launched, and the competition between mobile offers for clients will begin. Stock market players expressed this opin...

Boryspil’s passenger traffic recovered by 71% in October 2021. Ukraine’s leading transport hub served 1,031,111 passengers (653,540 were regular passengers, 377,571 were non-scheduled). At the same time, in October 2019, the airport served 1,445,800 passengers (o...

Editor’s note: President Zelensky’s team has been working hard to push forward reforms and upgrades at Ukrzaliznytsia. Investment in rolling stock including the purchase of new trains, and the production of fr...

Tuesday, November 9

Ukrainian President Zelensky has signed the law on bringing NABU status in line with the Constitution, reported Interfax. Zelensky signed the law on amendments to specific laws of Ukraine on bringing the status of the National Anti-Corruption Bureau of Ukraine in line with the requirements of the Const...

Despite Its shortcomings, the EU, NATO, and the US worked together to approve the SBU law. The international advisory group, which includes representatives from these three international groups called on the Verkhovna Rada to approve the draft law on the Security Service of Ukraine (SBU), a...

The new Czech government will be ready to support Ukraine’s membership in the EU officially. The Czech Ambassador to Ukraine, Radek Matula, is convinced that the new Czech government can sign a memorandum on Ukraine’s European aspirations. “We are trying to deepen our cooperation, suppo...

Ukrainian companies can already receive transit simplifications. The Director of the Department, Serhiy Semchenko, said that although the introduction of the Common Transit Regime (NCTS) and the Authorized Economic Operator (AEO) Program in Ukraine is expected only...

UNICEF delivers 2.9 mln doses of the Moderna vaccine to Ukraine. On Sunday, UNICEF delivered 2,930,300 doses of Moderna vaccine, reported Interfax. “Ukraine receives vaccines under the COVAX Facility free of charge. COVAX is an unprecedented initiative of sol...

Ukraine’s MFA urges Ukrainian citizens to temporarily stop travel to Ethiopia. A travel alert has called on Ukrainians to temporarily stop traveling to Ethiopia due to the aggravation of the security situation and the introduction of a state of emergency in this country. Ethiopi...

Ukrainians are actively buying electric cars. In October, 934 electric vehicles were registered in Ukraine, which is 43% more than in October 2020, reported the Association of Automobile Manufacturers of Ukraine. The most popular electric cars ar...

Kherson plant Pallada, which is part of Ukroboronprom, has signed a contract with the Croatian company ISKRA SHIPYARD to construct a new generation composite floating dock with a capacity of 5,000 tons. The new agreement will allow the plant staff to work...

The new entrant to the Ukrainian aviation market, Air Ocean, has published its flight schedule. It plans to fly An-148 aircraft, and the first schedule which will commence in November will include four domestic flights: from Kyiv to Chernivtsi, Lviv, and Zaporizhia, and from Lviv to Kharkiv. As ...

Editor’s note: Today, Kyiv Post employees came to work only to be notified that they are fired. After 26 years, the Kyiv Post, which is owned by Adnan Kivan, has ceased operations on November 8th. Throughout its his...

Monday, November 8

Motor Sich received an order for components for 30 AI-450T engines. The engines are being supplied to the new Turkish strike UAV Bayraktar Akinci. Ivchenko-Progress which is part of Ukroboronprom has ordered a large component of parts to produce AI-450T aircraft turbo...

Romania agrees to support Ukraine in its bid for EU membership. The two countries are negotiating the signing of a document recognizing Ukraine’s European perspective. This topic was raised during a visit to Bucharest by Deputy Head of the Office of the Pres...

The City of Kyiv has issued ₴300 mln in municipal bonds. On November 4, the National Commission on Securities and Stock Market registered the issue of domestic bonds valued at ₴300 mln ($11.4 mln). With a Nominal value of ₴10,000 ($380), and redemption of M...

Hilton will build a hotel in Odessa near Arcadia Beach. The hotel operator has signed a franchise agreement with the developer Gefest Group for the construction of a 145-room coastal hotel in Odessa (LIGA.net). The hotel is scheduled to open in the spring ...

The Forbes Tech conference is to be held on November 10. The conference will include 31 speakers including Vadim Nekhai, CEO Depositphotos, and Crello; Dmytro Voloshyn, Co-founder of Preply; Dmitry Shymkiv, and, the Chairman Executive Board of Darnitsa Grou...

Editor’s note: Motor Sich is looking for investors, and Chinese ones are preferred. Yet 2 years ago, a potential M&A of Motor Sich by a Chinese investor was blocked by the Ukrainian Government. Leading to the Ch...

Friday, November 5

New ministers in the Ukrainian Government have been elected in the Verkhovna Rada. The Rada supported Yulia Svyridenko’s candidacy for the post of First Deputy Prime Minister, Minister of Economy. It also appointed Pavel Ryabikin, the current Head of Customs, to the post of Mi...

Ukraine and Indonesia are stepping up cooperation in the defense sector. Ukraine is ready to support Indonesia with the implementation of bilateral projects in the aviation industry, in particular, the repair and modernization of equipment reported ukrinform. The two count...

48 regional hospitals are planned to be rebuilt next year, announced Ministry of Healthcare. In 2022, the ministry plans to reconstruct 48 regional hospitals, 29 of which will build helipads. The announcement was made by the Deputy Head of the Office of the P...

The National Research Fund has received ₴601 mln ($22.85) in grants. As of November 1, it allocated ₴601 mln out of the provided ₴733 mln, or 82% of grant support for scientific research and support of its activity. “The largest number of grants were received by scient...

Ukrzaliznytsia (Ukrainian Railways – UZ) to increase salaries. The salaries of railway workers will increase by 10% from December 1, 2021. The announcement was made by the Chairman of the Board, Alexander Kamyshin, who noted that this was the second increase in t...