Partners news

Monday, March 8

Ukraine’s grain harvest is expected to rise by 15% to 75 million tons this year, returning to the bumper crop levels of 2019, Ukraine’s grain harvest is expected to rise by 15% to 75 million tons this year, returning to the bumper crop levels of 2019, Deputy Economy Minister Taras Vysotskyi wrote on Facebook. While the amoun...

Oil crops are increase by 3.2% to 19 million tons. Oil crops are increase by 3.2% to 19 million tons. The harvest forecasts are: sunflower seeds +3% to 13.5 million tons; soy +11% to 3 million tons; and canola unchanged, at 2.6 million tons.

The State Department has barred Ihor Kolomoiskiy and his immediate family from entering the US. The State Department has barred Ihor Kolomoiskiy and his immediate family from entering the US. The bans come as the US Justice Department pursues a civil case alleging Kolomoiskiy and his business pa...

After Ukraine’s government nationalized PrivatBank in 2016 After Ukraine’s government nationalized PrivatBank in 2016, Kolomoiskiy left Ukraine for Switzerland and then for Israel, where he also holds citizenship. In 2019, Kolomoiskiy backed Zelenskiy in the ...

Secretary of State Antony Blinken couched the Kolomoiskiy bans in the framework of getting Ukraine back on a Western-style free market, low corruption track. Secretary of State Antony Blinken couched the Kolomoiskiy bans in the framework of getting Ukraine back on a Western-style free market, low corruption track. “The United States continues to stand with...

In response to the Kolomoiskiy bans, Zelenskiy’s office said In response to the Kolomoiskiy bans, Zelenskiy’s office said: “The battle with the oligarchs lies not only in the realm of criminal responsibility. It is also about creating the conditions in Ukraine,...

On Thursday, the day before the Kolomoiskiy family bans were announced On Thursday, the day before the Kolomoiskiy family bans were announced, the Washington-based Atlantic Council posted an essay headlined “Zelenskiy Aims to End Ukraine’s Oligarch Era,” written by Yulii...

Denmark’s Maritime Authority expects Nord Stream 2 to be completed by the end of September 2021, several months later than forecast completion date. Denmark’s Maritime Authority expects Nord Stream 2 to be completed by the end of September 2021, several months later than forecast completion date. Reuters reports that a Russian pipe-laying vessel, ...

Baker Hughes Co and AXA Group and 16 other international companies have withdrawn from the Nord Stream 2 gas pipeline to avoid US sanctions Baker Hughes Co and AXA Group and 16 other international companies have withdrawn from the Nord Stream 2 gas pipeline to avoid US sanctions, Reuters reported. Washington has sanctioned the Fortuna’s o...

Bidding in an online auction of a Ukrspirt distillery drove the price up almost five times, to $3.6 million Bidding in an online auction of a Ukrspirt distillery drove the price up almost five times, to $3.6 million, reported the State Property Fund. Thursday’s sale of the Vyshiakivka, Poltava is part of a ...

Friday, March 5

Turkey and Ukraine are on the final stretch for finalize a bilateral free trade agreement Turkey and Ukraine are on the final stretch for finalize a bilateral free trade agreement, Shmygal told reporters. Of the long-delayed agreement, he said: “Literally, last week and this week the free ...

In a new twist on the Motor Sich drama, David Arakhamia, the head of Servant of the People faction in the Rada In a new twist on the Motor Sich drama, David Arakhamia, the head of Servant of the People faction in the Rada, said yesterday he will submit a bill to nationalize the Zaporizhia-based aircraft engine...

Navigation will resume next week on the Dnipro River, two months after closing for ice Navigation will resume next week on the Dnipro River, two months after closing for ice, reports Port of Ukraine. All locks on the Dnipro cascade – from the Kyiv Sea to the Black Sea – are to re-open W...

Although last year’s Dnipro shipping season was six weeks longer than usual, cargo dropped 5% yoy, to 11 million tons Although last year’s Dnipro shipping season was six weeks longer than usual, cargo dropped 5% yoy, to 11 million tons. “Results of cargo transportation were influenced by the reduction in grain transp...

With traffic jams clogging Kyiv’s Dnipro bridges, the City Council is studying restoring boat service across the river. With traffic jams clogging Kyiv’s Dnipro bridges, the City Council is studying restoring boat service across the river. According to Kiev Vlast, the River Port Administration calculates that 2,000 peo...

Fearing inflation, Ukraine’s central bank hikes the prime rate to 6.5% today, the first increase in two years. Fearing inflation, Ukraine’s central bank hikes the prime rate to 6.5% today, the first increase in two years. The hike ends a post-Independence low of 6%, which reigned since June.

In January-February, Ukrainians imported 53,000 used cars, 4.4 times the volume of the first two months of 2019 In January-February, Ukrainians imported 53,000 used cars, 4.4 times the volume of the first two months of 2019. Used imports, a rarity four years ago, now account for 81% of car imports, reports Ukra...

“We are responding to inflation beyond the target range of 5%,” Kateryna Rozhkova, “We are responding to inflation beyond the target range of 5%,” Kateryna Rozhkova, first deputy governor of the National Bank of Ukraine, wrote yesterday on Facebook. The bank predicts inflation will ...

More hikes could come this year, More hikes could come this year, Yuriy Geletiy, a deputy governor of the central bank, told reporters yestrerday. “The National Bank is ready to raise the discount rate more decisively to limit the fu...

In the first two months of this year, foreign holdings of Ukraine government bonds increased by $570 million In the first two months of this year, foreign holdings of Ukraine government bonds increased by $570 million, Geletiy told reporters yesterday. As of Monday, foreign holdings totaled $3.65 billion. He...

Remittances from Ukrainians working abroad are expected to grow by 8%, to $13 billion this year Remittances from Ukrainians working abroad are expected to grow by 8%, to $13 billion this year, Geletiy said. For the last two years, remittance averaged $12 billion, or $1 billion a month. Labor is ...

Ukrainians relentlessly move away from cash Ukrainians relentlessly move away from cash, indicates a National Bank of Ukraine report for card and contactless payments. Last year, the number of transactions with payment cards jumped 25% yoy, to ...

Highlights Highlights:

With new coronavirus cases doubling this week, With new coronavirus cases doubling this week, Prime Minister Shmygal warned yesterday: “It’s obvious that the third wave of the pandemic has started that Ukraine is facing.” Yesterday morning, 10,057...

The new cases are largely in Kyiv and to the West The new cases are largely in Kyiv and to the West: Zhytomyr Oblast – 888; Kyiv City – 868; Vinnytsia Oblast – 827; Ivano-Frankivsk Oblast – 776; and Zakarpattia – 676. Ukraine’s first two cases ...

Ukraine plans to become a major producer of lithium batteries for Europe’s electric cars Ukraine plans to become a major producer of lithium batteries for Europe’s electric cars, Prime Minister Shmygal told reporters yesterday, reviewing talks he had in Brussels last month. By 2030, Europ...

Coal miners may become lithium miners Coal miners may become lithium miners under a pilot project to start closing two coal mines this year, one in Lviv and the other in Donetsk, the Prime Minister. With German and Polish advice and aid, ...

Thursday, March 4

With Kyiv traffic conjestion increasing, Ukravtodor agreed yesterday to complete the construction by the end of 2021 of the long-stalled New Darnytskyi Bridge With Kyiv traffic conjestion increasing, Ukravtodor agreed yesterday to complete the construction by the end of 2021 of the long-stalled New Darnytskyi Bridge. In what could be a $40 million project, ...

Kyivpastrans has opened a tender for two new cars for the Funicular, a purchase expected to cost €6.5 million. Kyivpastrans has opened a tender for two new cars for the Funicular, a purchase expected to cost €6.5 million. As part of a wider Urban Public Transport initiative for 11 Ukrainian cities, the Europea...

Casino gambling licenses have been issued to five hotels, Casino gambling licenses have been issued to five hotels, Danilo Hetmantsev, Head of the Rada’s Committee on Finance, Tax and Customs policy, said after a briefing Tuesday by Ivan Rudy, Head of the Co...

Turkish Airlines’ lowcost unit, AnadoluJet, will start flights to Ukraine for the first time on March 30 2021 with a flight between Ankara and Kyiv Boryspil. Turkish Airlines’ lowcost unit, AnadoluJet, will start flights to Ukraine for the first time on March 30 2021 with a flight between Ankara and Kyiv Boryspil. Flying a Boeing 737-800, Anadolujet schedu...

Last Tuesday, Turkey reopened restaurants for inside dining, ending a long ban. Last Tuesday, Turkey reopened restaurants for inside dining, ending a long ban. Ukrainian tourists can travel to Turkey without a visa if they have a negative coronavirus test result taken no earlier ...

With coronavirus hospitalizations spiking to the highest level since the pandemic appeared in Ukraine one year ago With coronavirus hospitalizations spiking to the highest level since the pandemic appeared in Ukraine one year ago, Ukrzalysnitsia is temporarily ceasing passenger train service to the three most effe...

Yesterday morning, the Health Minister Maksym Stepanov reported that 3,486 people were hospitalized with Coronavirus in the previous 24 hours. Yesterday morning, the Health Minister Maksym Stepanov reported that 3,486 people were hospitalized with Coronavirus in the previous 24 hours. During the same period, 7,235 new cases were registered, ...

By November, all Ukrainians will have had the opportunity to be vaccinated By November, all Ukrainians will have had the opportunity to be vaccinated, Stepanov said Monday on ICTV’s Freedom of Speech talk show. Starting next week, the daily vaccination rate is to hit 10,000....

Ukrainians can sign up for vaccinations through Ukrainians can sign up for vaccinations through the Diia website, or by calling the Health Ministry’s hotline: 0 800 60 20 19. Although international donors are paying for a large portion of the vacci...

Cargo handled by Ukraine’s ports was down 24% yoy in January-February, Cargo handled by Ukraine’s ports was down 24% yoy in January-February, to 20.6 million tons, reported the Ukrainian Sea Ports Authority. Exports dropped by 23%, to 16.1 million tons. Imports dropped b...

High grain prices may partly cancel out falls in volume shipments High grain prices may partly cancel out falls in volume shipments. In the eight months since the grain marketing year started July 1, grain exports fell 22%, reported the Economy Ministry. Corn is dow...

Yet Black Sea grain prices are at seven-year high Yet Black Sea grain prices are at seven-year high: corn at $260-267 a ton, wheat at $281-288 a ton, and barley at $256-$263 a ton, reported Reuters. In the last marketing year, Ukraine exported 57 mil...

Kernel, the world’s largest sunflower oil producer, is halfway through a $169 million project to build cogeneration heat and power plants Kernel, the world’s largest sunflower oil producer, is halfway through a $169 million project to build cogeneration heat and power plants at its six oil seed crushing plants. The company already recei...

MHP Agroholding, Ukraine’s largest chicken producer plans to open 2,000 Myasomarket stores across Ukraine in the next three years MHP Agroholding, Ukraine’s largest chicken producer plans to open 2,000 Myasomarket stores across Ukraine in the next three years. Part of a shift from a ‘raw materials’ producer to a higher value ‘cu...

Mexico’s Grupo Bimbo is considering building a bakery in Fastiv, Kyiv region to bake buns for McDonald’s. Mexico’s Grupo Bimbo is considering building a bakery in Fastiv, Kyiv region to bake buns for McDonald’s. Three years ago, the multinational’s Ukraine unit, Bimbo QSR Ukraine, bought East Bolt Ukraine...

Swedish retailer H&M plans to open its first store outside of Kyiv in Kharkiv in May Swedish retailer H&M plans to open its first store outside of Kyiv in Kharkiv in May. With the 2,100 square meter store in the new Nikolskiy shopping mall, H&M will have six stores in Ukraine ...

Wednesday, March 3

Russia cut crossings of the line of control by 96% last year, Russia cut crossings of the line of control by 96% last year, according to figures supplied by Oleksiy Reznikov, deputy Prime Minister and Minister for Reintegration of Temporarily Occupied Territorie...

Ukraine is working to create a ‘virtual mobile number’ which will give residents of Russia-controlled territories the opportunity to call Ukraine-controlled Ukraine Ukraine is working to create a ‘virtual mobile number’ which will give residents of Russia-controlled territories the opportunity to call Ukraine-controlled Ukraine, Deputy Prime Minister Reznikov tol...

The Pentagon is sending $125 million in military aid to Ukraine The Pentagon is sending $125 million in military aid to Ukraine — training, equipment and advisory efforts “to help Ukraine’s forces preserve the country’s territorial integrity, secure its bord...

Zelenskiy’s fast-paced attacks on pro-Russian interests “are likely to score points with the new US administration,” Zelenskiy’s fast-paced attacks on pro-Russian interests “are likely to score points with the new US administration,” Roman Olearchyk, the Financial Times’ veteran correspondent in Kyiv writes in a sto...

International brand hotels in Ukraine are to increase by 50%, to 25, by 2023 International brand hotels in Ukraine are to increase by 50%, to 25, by 2023, Ivan Lun, international relations director at the Ukrainian Hotel and Resort Association, tells Interfax-Ukraine. Planned ...

Epicenter K, Ukraine’s largest retailer, plans to invest $2 billion over the next two years in all areas of the group Epicenter K, Ukraine’s largest retailer, plans to invest $2 billion over the next two years in all areas of the group, Petr Mikhailishynm the group’s general director, tells Interfax-Ukraine. Investme...

Fozzy Group’s Silpo supermarket chain, is purchasing another Ukrainian store chain, Furshet Fozzy Group’s Silpo supermarket chain, is purchasing another Ukrainian store chain, Furshet, according to the Anti-Monopoly Committee. Silpo will buy 21 Furshet stores, raising the chain’s nationwide ...