Partners news

Friday, February 26

As medical teams started vaccinating yesterday in all 24 regions, the Health Ministry reported a 40% spike in the daily toll of detected cases – 8,147. As medical teams started vaccinating yesterday in all 24 regions, the Health Ministry reported a 40% spike in the daily toll of detected cases – 8,147. By March 31, Ukraine is to receive 2 million dos...

President Zelenskiy has appointed former finance minister Oksana Markarova as ambassador to the United States. President Zelenskiy has appointed former finance minister Oksana Markarova as ambassador to the United States. The president’s office said Thursday: “Oksana Markarova will set an example in the develo...

Ukroboronprom and Pakistan have signed Ukroboronprom and Pakistan have signed an $85.6 million contract for the repair of the main battle tanks that Ukraine sold to Pakistan between 1997 and 2002. The Soviet-design T-80UD tanks were manufa...

Thursday, February 25

Ukrposhta Ukrposhta – “100% digitalization” of the state postal operator; launching of 2,000 mobile post offices, five automated mail hubs and 10 sorting depots

The Kyiv School of Economics estimates this injection of money into construction will increase Ukraine’s GDP by 2.2% over the next five years The Kyiv School of Economics estimates this injection of money into construction will increase Ukraine’s GDP by 2.2% over the next five years. The study cites: increases in investment in transport, co...

Foreign investors are to get the chance to invest in this massive spending by buying sovereign-backed infrastructure bonds in a new $3 billion state fund Foreign investors are to get the chance to invest in this massive spending by buying sovereign-backed infrastructure bonds in a new $3 billion state fund, reports Ukravtodor, the state highway agency....

“Similar funds operate in most developed countries “Similar funds operate in most developed countries – Build America, Infrastructure Canada, Macquarie Korea Infrastructure Fund, Polish Development Fund and more,” said Kyrylo Tymoshenko, d...

Private investors would buy sovereign-backed bonds issued by Ukravtodor Private investors would buy sovereign-backed bonds issued by Ukravtodor, Tomas Fiala, CEO of Dragon Capital told the forum. “It is expected that the amount of investment attracted under state gu...

With the traditional March start of the roadbuilding season, Ukraine will see this year the largest amount of road construction since Independence 30 years ago. With the traditional March start of the roadbuilding season, Ukraine will see this year the largest amount of road construction since Independence 30 years ago. In all, 4,678 km of roads are to be reb...

Ukraine plans to disconnect from the electricity grid with Belarus and the Russian Federation by the end of 2023 Ukraine plans to disconnect from the electricity grid with Belarus and the Russian Federation by the end of 2023, Foreign Minister Dmytro Kuleba said Tuesday at a press conference in Kyiv with Lithuan...

As outlined this week at the Presidential forum As outlined this week at the Presidential forum ‘Ukraine 30. Infrastructure’ the highlights of this year’s $5.3 billion ‘Great Construction’ are:

During this month’s cold snap, Russia and Belarus supplied about 3% of Ukraine’s electricity needs During this month’s cold snap, Russia and Belarus supplied about 3% of Ukraine’s electricity needs. Underproduction of electricity at nuclear power plants and a shortage of coal at thermal power plant...

Kyiv’s 150 km Ring Road Kyiv’s 150 km Ring Road – work starts on two sections; tenders are to be prepared on the other three sections

Despite this dependence Despite this dependence, Acting Energy Minister Yuriy Vitrenko told the Rada last month: “Reasonable import restrictions should be imposed right now.” Two weeks ago, he told the European Business Asso...

Kyiv-Odesa highway Kyiv-Odesa highway – the southern half will be rebuilt/repaired; for safety reasons, 21 of 23 left hand turns will be eliminated; most pedestrian crossings will be replaced with bridges or underpasses...

Ukraine started vaccinating yesterday against Covid-19 Ukraine started vaccinating yesterday against Covid-19, targeting doctors, nurses and soldiers. The first 500,000 doses of Oxford-AstraZeneca vaccine arrived in Kyiv Tuesday from the Serum Institute o...

Dnipro road bridges – Dnipro road bridges – work continues on the Zaporizhia bridges; work starts on the Kremenchuk bridge; Ukravtodor offers to take over from the Kyiv City Administration the 28-year-old Podil-Voskresensk...

Windrose Airlines plans to expand its domestic flight network this summer to have flights from Kyiv Boryspil to at least nine regional capitals, Windrose Airlines plans to expand its domestic flight network this summer to have flights from Kyiv Boryspil to at least nine regional capitals, Volodymyr Kamenchuk, Windrose CEO, said yesterday at th...

Border checkpoints Border checkpoints – 250 km of approach roads are to be upgraded; a bridge replace a ferry over the Dnistr, linking Yampil, Vinnytsia, and Cosăuți, Moldova. The Kyiv-Chisinau road will be upgraded to ...

Cement roads Cement roads – work is to double, focusing on southern roads where overloaded trucks headed to Black Sea ports damage asphalt in hot weather

M-30 highway M-30 highway – to be Ukraine’s longest road, stretching from Stryi, Lviv region to Luhansk, this 1,400 km East-West road is numbered after this year’s Independence anniversary

High speed charging stations for electric vehicles – increase stations on the most popular highways High speed charging stations for electric vehicles – increase stations on the most popular highways: Kyiv-Lviv, Kyiv-Odessa and Kyiv-Dnipro; add charging stations to the Orlivka, Ukraine terminal of t...

Tourism Tourism – work starts on repairing 320 km of mountain roads in the Small Carpathian Ring project, a tourism route in Lviv and Zakarpattia regions.

Social Social – 500 projects: 95 schools, 70 kindergartens, 80 sports facilities, 20 cultural facilities, 35 hospitals, 200 outpatient clinics.

Wednesday, February 24

“Given still light positioning, there is a potential for ongoing massive foreign inflows into UAH bonds,” “Given still light positioning, there is a potential for ongoing massive foreign inflows into UAH bonds,” ICU predicted yesterday in a 20-page report on the government hryvnia bond market, “UAH bonds ...

The Prosecutor General’s Office yesterday charged Oleksandr Dubilet, former CEO of PrivatBank, with forgery and embezzlement of the equivalent of $5 million The Prosecutor General’s Office yesterday charged Oleksandr Dubilet, former CEO of PrivatBank, with forgery and embezzlement of the equivalent of $5 million on the day before the bank was declared ins...

In the embezzlement case, prosecutors charged two other former executives of PrivatBank. In the embezzlement case, prosecutors charged two other former executives of PrivatBank. After it was declared insolvent, the bank was bailed out with $5 billion in public money. One of the former exe...

Kolomoisky and his business partner Gennadiy Bogolyubov were not charged in the embezzlement case. Kolomoisky and his business partner Gennadiy Bogolyubov were not charged in the embezzlement case. But they are under investigation in the United States for allegedly laundering money from Ukraine to ...

PrivatBank, Ukraine’s largest and most profitable bank, is moving aggressively into the cashless economy. PrivatBank, Ukraine’s largest and most profitable bank, is moving aggressively into the cashless economy. Last month, despite almost three weeks of lockdown, Ukrainians made 137 million cashless payme...

With the support of a €200 million soft loan from the European Investment Bank, 29 cities across Ukraine will receive almost 1,000 mass transit vehicles With the support of a €200 million soft loan from the European Investment Bank, 29 cities across Ukraine will receive almost 1,000 mass transit vehicles – buses, trolley buses and trams, Infrastructur...

The EBRD will loan Kyiv €50 million to buy new subway cars The EBRD will loan Kyiv €50 million to buy new subway cars, Mark Magaletsky, deputy head of the bank’s Ukraine office, said yesterday. Mayor Klitschko said the City Council has voted to provide local ...

More than a shopping list, the Forum provided a to do list for infrastructure projects committed for this year. More than a shopping list, the Forum provided a to do list for infrastructure projects committed for this year. Here are highlights. Roads will follow tomorrow.

Railroad stations Railroad stations concessions to private operators. First in line are: Kyiv-Passenger and Vinnytsia. Next in line are: Dnipro-Main, Kharkiv-Passenger, Mykolaiv, Chop and Khmelnitsky. Minister Krikliy ...

Seaport concessions: Seaport concessions: Chornomorsk ferry, Chornomorsk container; Odesa passenger; Berdyansk, Izmail and Mariupol. Last year’s concessions to private foreign investors of parts of Kherson and Olvia, in M...

Ski resorts: Ski resorts: Construction starts this year on two resorts in the Carpathians – Borzhava in Zakarpattia, and Slavske in Lviv. Austrian investors interested in Borzhava.

High speed rail High speed rail: China, Italy, South Korea and Turkey are interested in building a fast train network across Ukraine. “The only tool for building high-speed train networks is a concession – to r...

EU rail gauge EU rail gauge: Preliminary work on restoring a 20 km section of EU narrow track to connect Uzhhorod with Chop, the Ukrainian border town with rail ties to Hungary and Slovakia. By rebuilding this Haps...

Electrification: Electrification: The European Investment Bank has promised to finance the electrification of tracks to Lysychansk and Severnodonetsk, Kava said. This would almost cut in half – to eight hours — ...

River locks River locks: The European Investment Bank and the Infrastructure Ministry are preparing an agreement to rebuild the locks on the six dams of the Dnipro cascade. “This year is a preparatory year for us...

The Finance Ministry depressed yields on five out of six bonds sold yesterday at auction The Finance Ministry depressed yields on five out of six bonds sold yesterday at auction, the Ministry reports on Facebook. For the hryvnia bonds, yields ranged from 9.2% for 3-month bonds to 12.05% f...

Tuesday, February 23

President Zelenskiy said he is ‘confident’ that Ukraine will get IMF funds by the end of this year. President Zelenskiy said he is ‘confident’ that Ukraine will get IMF funds by the end of this year. If a deal cannot be reached on the remaining $2.9 billion, “there is plan B, plan C,” he told report...

From London, Timothy Ash speculates that delays in receiving tranches from the $5 billion program From London, Timothy Ash speculates that delays in receiving tranches from the $5 billion program could be because Ukraine’s government knows it can borrow at low rates in international markets while ...

“Zelenskiy needs to understand that the Fund is in the end a creditor,” “Zelenskiy needs to understand that the Fund is in the end a creditor,” writes Ash, senior emerging market strategist at BlueBay Asset Management. “It sets the terms, as it is lending the money at a d...

With the first 500,000 coronavirus vaccines expected to arrive in Ukraine from India this weekend, With the first 500,000 coronavirus vaccines expected to arrive in Ukraine from India this weekend, Health Minister Maksym Stepanov sketched out yesterday the latest information on future deliveries:

Ukraine’s goal is to vaccinate half of the adult population Ukraine’s goal is to vaccinate half of the adult population – about 15 million people – by the end of this year. Ukraine’s EU land neighbors – Poland, Slovakia, Hungary and Romania — have alread...

Construction starts this year on the first leg of a planned network of high speed, European gauge tracks across Ukraine Construction starts this year on the first leg of a planned network of high speed, European gauge tracks across Ukraine, Infrastructure Minister Vladyslav Krikliy told a national infrastructure confer...

The first step will be to start building this year of 80 km of EU gauge tracks from the Polish border to western Lviv’s Sknilov station, near Lviv airport The first step will be to start building this year of 80 km of EU gauge tracks from the Polish border to western Lviv’s Sknilov station, near Lviv airport. This would allow travel from Poland to Lviv ...

South Korea’s Hyundai Corp. is ready to start negotiating with South Korea’s government and multilateral lenders to win financing for a major part of track construction and for 10 high speed trains South Korea’s Hyundai Corp. is ready to start negotiating with South Korea’s government and multilateral lenders to win financing for a major part of track construction and for 10 high speed trains, E...

Ukraine plans to launch a state-owned national airline by the end of this year Ukraine plans to launch a state-owned national airline by the end of this year, Kyrylo Tymoshenko, deputy presidential chief of staff, told reporters yesterday at the infrastructure forum. “We have an...

For domestic flights, the airline would use Antonov jets For domestic flights, the airline would use Antonov jets, which are not accepted in the EU. To promote, regional air travel Tymoshenko vowed to follow through on the government’s promise to abolish th...