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Friday, November 30
With martial law covering 10 border regions until Dec. 26, the American Chamber of Commerce in Ukraine is advising “a business as usual approach until further notice.”

With martial law covering 10 border regions until Dec. 26, the American Chamber of Commerce in Ukraine is advising “a business as usual approach until further notice.” With martial law covering 10 border regions until Dec. 26, the American Chamber of Commerce in Ukraine is advising “a business as usual approach until further notice.” “We have launched a special task...

IMF Managing Director Christine Lagarde said Thursday that the IMF Board will review the standby program with Ukraine after Dec. 10.

IMF Managing Director Christine Lagarde said Thursday that the IMF Board will review the standby program with Ukraine after Dec. 10. IMF Managing Director Christine Lagarde said Thursday that the IMF Board will review the standby program with Ukraine after Dec. 10. “The preliminary assessment is satisfactory and the process is expe...

Dragon Capital writes: “

Dragon Capital writes: “ Dragon Capital writes: “The latest upbeat statement from the IMF signals that the IMF Board is likely to approve a 14-month $3.9bn Stand-by program for Ukraine by the end of the year.”

Concorde Capital’s

Concorde Capital’s Concorde Capital’s Alexander Paraschiy writes: “All this confirms our expectation that Ukraine will receive the first tranche under new $3.9 billion stand-by loan program with the IMF by the end of th...

Gazprom says that 300 km, or 25% of the total 1,220 km, of Nord Stream 2 has been laid on the Baltic sea bed,

Gazprom says that 300 km, or 25% of the total 1,220 km, of Nord Stream 2 has been laid on the Baltic sea bed, Gazprom says that 300 km, or 25% of the total 1,220 km, of Nord Stream 2 has been laid on the Baltic sea bed, offshore of Greifswald, Germany and in the economic zone of Finland. According to the Russ...

Ukraine’s gas transportation system is cheaper and more reliable than Nord Stream

Ukraine’s gas transportation system is cheaper and more reliable than Nord Stream Ukraine’s gas transportation system is cheaper and more reliable than Nord Stream 2, Prime Minister Groysman told German Federal President Frank-Walter Steinmeier when they met Thursday in Berlin. Ear...

As of Thursday, Ukraine’s farmers harvested a record 68.5 million tons of

As of Thursday, Ukraine’s farmers harvested a record 68.5 million tons of As of Thursday, Ukraine’s farmers harvested a record 68.5 million tons of grain from ​​14.5 million hectares, 98% of the forecast area, reports the State Statistics Service. The previous record was in...

Since the start of the grain marketing year, on July 1, Ukraine has exported 17.6 million tons of grain.

Since the start of the grain marketing year, on July 1, Ukraine has exported 17.6 million tons of grain. Since the start of the grain marketing year, on July 1, Ukraine has exported 17.6 million tons of grain. Largely passing through the Black Sea ports, this flow of food includes: 9 million tons of whea...

Real, inflation adjusted wages were up 14.2% yoy in October, to $328 per month

Real, inflation adjusted wages were up 14.2% yoy in October, to $328 per month Real, inflation adjusted wages were up 14.2% yoy in October, to $328 per month, the State Statistics Service reports. As usual the highest monthly wage was in Kyiv — $493. The National Bank of U...

Through October, retail sales are up 5.4% yoy

Through October, retail sales are up 5.4% yoy Through October, retail sales are up 5.4% yoy, the State State Statistics Service reports. The highest growth was observed in government-controlled Luhansk – up 27%; government-controlled Donetsk – up...

Ukraine’s largest e-commerce companies, Rozetka and EVO Group, are merging this week

Ukraine’s largest e-commerce companies, Rozetka and EVO Group, are merging this week Ukraine’s largest e-commerce companies, Rozetka and EVO Group, are merging this week, after winning approval from Ukraine’s Antimonopoly Committee on Tuesday. Rozetka bought a 56 percent stake in EVO ...

Russia is blocking 35 ships carrying cargo to or from Ukraine’s Azov sea ports Ukraine’s Infrastructure Minister Volodymyr Omelyan

Russia is blocking 35 ships carrying cargo to or from Ukraine’s Azov sea ports Ukraine’s Infrastructure Minister Volodymyr Omelyan Russia is blocking 35 ships carrying cargo to or from Ukraine’s Azov sea ports Ukraine’s Infrastructure Minister Volodymyr Omelyan charged Wednesday night. “The Ukrainian ports of the Azov Sea, Mariup...

As of 11 am Thursday, 12 ships were waiting near the Kerch Bridge

As of 11 am Thursday, 12 ships were waiting near the Kerch Bridge As of 11 am Thursday, 12 ships were waiting near the Kerch Bridge for Russian permission and pilot assistance to pass through the Kerch–Yenikale shipping canal en route Mariupol, the port director of ...

In response to the blocking of ships, Federica Mogherini, the EU’s High Representative

In response to the blocking of ships, Federica Mogherini, the EU’s High Representative In response to the blocking of ships, Federica Mogherini, the EU’s High Representative for Foreign Affairs and Security Policy, stated: “The European Union expects Russia to ensure unhindered and free...

The EBRD approved Wednesday a EUR 150 million loan to a Norwegian project to build a wind power farm on Lake Syvash, facing Crimea

The EBRD approved Wednesday a EUR 150 million loan to a Norwegian project to build a wind power farm on Lake Syvash, facing Crimea The EBRD approved Wednesday a EUR 150 million loan to a Norwegian project to build a wind power farm on Lake Syvash, facing Crimea. Located 25 km west of the Sea of Azov, the nearly EUR 400 million pr...

Thursday, November 29
Optimism reigns on international financial support for Ukraine.

Optimism reigns on international financial support for Ukraine. Optimism reigns on international financial support for Ukraine. Prime Minister Groysman told journalists in Berlin on Wednesday that he expects “a positive decision in December” by the IMF Board on Uk...

Insurance premiums could rise for ships servicing Ukrainian ports in the Sea of Azov

Insurance premiums could rise for ships servicing Ukrainian ports in the Sea of Azov Insurance premiums could rise for ships servicing Ukrainian ports in the Sea of Azov, Infrastructure Minister Volodomyr Omelyan says. “We see clearly that there is a rise in prices for supplies, and t...

Martial law and the closing of the Ukraine unit of Russia’s VTB  bank have not caused a run on bank deposits

Martial law and the closing of the Ukraine unit of Russia’s VTB bank have not caused a run on bank deposits Martial law and the closing of the Ukraine unit of Russia’s VTB bank have not caused a run on bank deposits in Ukraine, according to Kateryna Rozhkova, first deputy governor of the National Bank of Uk...

During the one month of martial law, the banking system will operate without any new restrictions on currency or money markets

During the one month of martial law, the banking system will operate without any new restrictions on currency or money markets During the one month of martial law, the banking system will operate without any new restrictions on currency or money markets, the National Bank of Ukraine said in an official statement. “Today, bank...

Martial law’s initial negative impact on the hryvnia exchange rate and on Ukrainian Eurobond prices “will fade away,”

Martial law’s initial negative impact on the hryvnia exchange rate and on Ukrainian Eurobond prices “will fade away,” Martial law’s initial negative impact on the hryvnia exchange rate and on Ukrainian Eurobond prices “will fade away,” ICU investment bank writes. “Given further escalation is not likely, negative impa...

Germany and France oppose stricter sanctions against Russia

Germany and France oppose stricter sanctions against Russia Germany and France oppose stricter sanctions against Russia for attacking and capturing three Ukrainian Navy boats on Sunday, Germany’s Die Welt newspaper reports. U.S. State Department Spokesperson H...

Last year, Mariupol exported $2.3 billion worth of steel by Metinvest,

Last year, Mariupol exported $2.3 billion worth of steel by Metinvest, Last year, Mariupol exported $2.3 billion worth of steel by Metinvest, almost one quarter of Ukraine’s total steel exports, ICU writes. In the event of a Russia blockade of the port, Meinvest could tu...

The world will need 50% more food by 2050

The world will need 50% more food by 2050 The world will need 50% more food by 2050. For Ukraine grow into a true food superpower, it needs to increase investment to triple grain yields to US levels – 11 tons per hectare At the same time, inv...

Ukrzaliznytsia seeks to hike freight rates by 26% in 2019.

Ukrzaliznytsia seeks to hike freight rates by 26% in 2019. Ukrzaliznytsia seeks to hike freight rates by 26% in 2019. By contrast, the government is forecasting inflation to end 2019 at 7.4% Dragon writes: In the last few years, [UZ] started with proposing a ...

GE Transportation delivered 15 US-made TE33A Trident diesel locomotives to Ukraine this fall.

GE Transportation delivered 15 US-made TE33A Trident diesel locomotives to Ukraine this fall. GE Transportation delivered 15 US-made TE33A Trident diesel locomotives to Ukraine this fall. Half have been certified for use on Ukrainian Railways, says Evhen Kravtsov, CEO of the state railroad. In...

Skoda Transportation, the Czech manufacture of rail rolling stock, has opened an office in Dnipro.

Skoda Transportation, the Czech manufacture of rail rolling stock, has opened an office in Dnipro. Skoda Transportation, the Czech manufacture of rail rolling stock, has opened an office in Dnipro. The goal is to revive a five-year old project to build 480 electric locomotives with Zaporizhia Elect...

Gazprom appears to be waiting to learn the outcome of Ukraine’s national elections before negotiating a long term contract to send Russian gas through Ukraine’s gas transportation system,

Gazprom appears to be waiting to learn the outcome of Ukraine’s national elections before negotiating a long term contract to send Russian gas through Ukraine’s gas transportation system, Gazprom appears to be waiting to learn the outcome of Ukraine’s national elections before negotiating a long term contract to send Russian gas through Ukraine’s gas transportation system, Andriy Kobol...

Wednesday, November 28
I have some highlights from the newsletter I received from your publication. To give an example: one of Ukraine’s largest food processors has built a production line in the Lviv region, two large potato producers plan to build factories to produce french fries, 13 new gas wells will open this year in Lviv, by 2020 Ryanair expect to carry more than four million passengers to Ukrainian airports, almost 11 thousand indians study at Ukrainian universities and a nationwide poll of Ukraine’s economic views by the International Republic indicates a gradual increase in economic optimism. There is a lot of this kind of business news, which are sometimes not in the headlines of big publications, yet, of course, there are difficulties. As a journalist focussing on the economy of this country, what is your diagnosis? How would you assess it? What does the international public generally need to understand?

I have some highlights from the newsletter I received from your publication. To give an example: one of Ukraine’s largest food processors has built a production line in the Lviv region, two large potato producers plan to build factories to produce french fries, 13 new gas wells will open this year in Lviv, by 2020 Ryanair expect to carry more than four million passengers to Ukrainian airports, almost 11 thousand indians study at Ukrainian universities and a nationwide poll of Ukraine’s economic views by the International Republic indicates a gradual increase in economic optimism. There is a lot of this kind of business news, which are sometimes not in the headlines of big publications, yet, of course, there are difficulties. As a journalist focussing on the economy of this country, what is your diagnosis? How would you assess it? What does the international public generally need to understand? I have some highlights from the newsletter I received from your publication. To give an example: one of Ukraine’s largest food processors has built a production line in the Lviv region, two larg...

But still, what are the obstacles then? Because being honest with the audience, with your audience – the people who would probably like to invest or do business in Ukraine – it’s also important to mention the concerns and, of course, there are still complications. So what are they?

But still, what are the obstacles then? Because being honest with the audience, with your audience – the people who would probably like to invest or do business in Ukraine – it’s also important to mention the concerns and, of course, there are still complications. So what are they? But still, what are the obstacles then? Because being honest with the audience, with your audience – the people who would probably like to invest or do business in Ukraine – it’s also important ...

Where would you place the war in this respect? There are two sides to that. First of all,  the war is sometimes used as an excuse by the government for not making the reforms happen. At the same time, maybe they are pointing to the war too much and that makes people not want to invest in Ukraine. Or, maybe it’s the case that business ignores that fact and does what it likes in other regions.

Where would you place the war in this respect? There are two sides to that. First of all, the war is sometimes used as an excuse by the government for not making the reforms happen. At the same time, maybe they are pointing to the war too much and that makes people not want to invest in Ukraine. Or, maybe it’s the case that business ignores that fact and does what it likes in other regions. Where would you place the war in this respect? There are two sides to that. First of all, the war is sometimes used as an excuse by the government for not making the reforms happen. At the same time, ...

At the same time, the State Property Fund has posted on its website that 660 small-scale state companies are to be sold this year. At the same time, we know that the biggest state enterprises, which are probably the most difficult to be privatized, and that’s the most difficult for the government to give it to somebody else, because these are the place where we really look at the most corrupt cases. Every single year, the government promises to sell these huge companies, yet, do you think it will happen this year? Or are you treating it as another promise?

At the same time, the State Property Fund has posted on its website that 660 small-scale state companies are to be sold this year. At the same time, we know that the biggest state enterprises, which are probably the most difficult to be privatized, and that’s the most difficult for the government to give it to somebody else, because these are the place where we really look at the most corrupt cases. Every single year, the government promises to sell these huge companies, yet, do you think it will happen this year? Or are you treating it as another promise? At the same time, the State Property Fund has posted on its website that 660 small-scale state companies are to be sold this year. At the same time, we know that the biggest state enterprises, which a...

So, what are the highlights for you? What are the trends in Ukrainian economy? Which are the most interesting sectors  for somebody who is interested in doing business in Ukraine?

So, what are the highlights for you? What are the trends in Ukrainian economy? Which are the most interesting sectors for somebody who is interested in doing business in Ukraine? So, what are the highlights for you? What are the trends in Ukrainian economy? Which are the most interesting sectors for somebody who is interested in doing business in Ukraine?

My final question: what do you see the role of the Association Agreement with the EU? Because that was always a bit of a political issue, even though it’s mostly the economic issue, which was promised to bring more money and opportunities to Ukraine. Is it really working?

My final question: what do you see the role of the Association Agreement with the EU? Because that was always a bit of a political issue, even though it’s mostly the economic issue, which was promised to bring more money and opportunities to Ukraine. Is it really working? My final question: what do you see the role of the Association Agreement with the EU? Because that was always a bit of a political issue, even though it’s mostly the economic issue, which was pr...

In the latest move against Russian banks in Ukraine, the National Bank of Ukraine declared Ukraine subsidiary of Russian state bank VTB insolvent

In the latest move against Russian banks in Ukraine, the National Bank of Ukraine declared Ukraine subsidiary of Russian state bank VTB insolvent In the latest move against Russian banks in Ukraine, the National Bank of Ukraine declared Ukraine subsidiary of Russian state bank VTB insolvent on Tuesday, citing its declining liquidity and worseni...

VTB Ukraine’s closure will not affect banking stability

VTB Ukraine’s closure will not affect banking stability VTB Ukraine’s closure will not affect banking stability, the central bank says. On Oct. 1, VTB Bank ranked 25th among the 82 banks operating in Ukraine, accounting for only .6% of assets.

Capital investment was up by 20% through September yoy

Capital investment was up by 20% through September yoy Capital investment was up by 20% through September yoy, matching the 21% growth recorded for the same period last year. These are real growth increases, adjusted for inflation, according to the State ...

In the latest investment to add value to Ukraine’s agricultural commodities

In the latest investment to add value to Ukraine’s agricultural commodities In the latest investment to add value to Ukraine’s agricultural commodities, the first stage of a EUR 25 million plant for producing frozen bakery products has opened in Novi Petrivtsi, just north of ...

Oil and gas permits will now be auctioned through ProZorro.Sales

Oil and gas permits will now be auctioned through ProZorro.Sales Oil and gas permits will now be auctioned through ProZorro.Sales, under a contract signed Tuesday by the online auction platform and Geonadra, the State Service of Geology and Mineralogy. With the fir...

Through September, 5.2 million square meters of residential housing were commissioned, 15% less than during the first nine months of last year

Through September, 5.2 million square meters of residential housing were commissioned, 15% less than during the first nine months of last year Through September, 5.2 million square meters of residential housing were commissioned, 15% less than during the first nine months of last year. The decline follows a 9% increase last year. Increasing ...

Seven Ukrainian furniture companies will furnish 3,000 new apartments in Israel

Seven Ukrainian furniture companies will furnish 3,000 new apartments in Israel Seven Ukrainian furniture companies will furnish 3,000 new apartments in Israel for a local construction company. Alexandr Sekeda, a Ukrainian designer, is coordinating the work by the companies, all ...

E-commerce is the most dynamic segment this year for Novoe Vremia’s annual listing of Ukraine’s top 100 brands

E-commerce is the most dynamic segment this year for Novoe Vremia’s annual listing of Ukraine’s top 100 brands E-commerce is the most dynamic segment this year for Novoe Vremia’s annual listing of Ukraine’s top 100 brands. After Morshinska, the water company, Rozetka, the nation’s largest e-commerce platform, ...

Justin, a new private delivery company, is joining Ukraine’s fast growing delivery business, opening 330 branches by the end of this year

Justin, a new private delivery company, is joining Ukraine’s fast growing delivery business, opening 330 branches by the end of this year Justin, a new private delivery company, is joining Ukraine’s fast growing delivery business, opening 330 branches by the end of this year. To cultivate online shoppers, Justin plans to offer order tab...

For comments and story tips, Brooke is reachable at:

For comments and story tips, Brooke is reachable at: For comments and story tips, Brooke is reachable at: jbrooke@ubn.news

Prime Minister Groysman is to ask German Chancellor Angela Merkel tomorrow to pressure the Kremlin to keep shipping free on the Azov Sea.

Prime Minister Groysman is to ask German Chancellor Angela Merkel tomorrow to pressure the Kremlin to keep shipping free on the Azov Sea. Prime Minister Groysman is to ask German Chancellor Angela Merkel tomorrow to pressure the Kremlin to keep shipping free on the Azov Sea. The two leaders meet in Berlin Thursday morning to open a Germ...

Martial law is expected to have a minimal impact on business after the 30-day regime starts today in 10 of Ukraine’s 24 regions.

Martial law is expected to have a minimal impact on business after the 30-day regime starts today in 10 of Ukraine’s 24 regions. Martial law is expected to have a minimal impact on business after the 30-day regime starts today in 10 of Ukraine’s 24 regions. Maksym Sysoiev, a lawyer for the Ukraine office of the Dentons law firm...

Although shipping has been restored to Ukraine’s Azov ports, Ukrzaliznytsia is preparing back up plans

Although shipping has been restored to Ukraine’s Azov ports, Ukrzaliznytsia is preparing back up plans Although shipping has been restored to Ukraine’s Azov ports, Ukrzaliznytsia is preparing back up plans for rerouting steel and grain shipments from these ports — Berdyansk and Mariupol — t...

The World Bank Board is to review $750 million in loan guarantees for Ukraine on Dec. 18,

The World Bank Board is to review $750 million in loan guarantees for Ukraine on Dec. 18, The World Bank Board is to review $750 million in loan guarantees for Ukraine on Dec. 18, Ukraine’s Foreign Ministry writes on Facebook. By placing Ukraine on its agenda, the Board signals that it exp...

Germany signed an agreement Tuesday to provide EUR 85 million to Ukraine

Germany signed an agreement Tuesday to provide EUR 85 million to Ukraine Germany signed an agreement Tuesday to provide EUR 85 million to Ukraine for technical cooperation and financial cooperation, tweets Andriy Melnyk, Ukraine’s Ambassador to Germany. Three quarters of t...

Tuesday, November 27
Underlining the economic importance of freedom of shipping for Ukraine’s Sea of Azov ports

Underlining the economic importance of freedom of shipping for Ukraine’s Sea of Azov ports Underlining the economic importance of freedom of shipping for Ukraine’s Sea of Azov ports, Ukraine’s exports of pig iron were up 58%, to $794 million for 2.3 million tons, through September. During t...

Westinghouse is ready to provide 100% of nuclear fuel needed for Ukrainian nuclear power plants

Westinghouse is ready to provide 100% of nuclear fuel needed for Ukrainian nuclear power plants Westinghouse is ready to provide 100% of nuclear fuel needed for Ukrainian nuclear power plants, Energy and Mines Minister Igor Nasalyk said Monday after meeting in Kyiv with representatives of the US...

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