Ukrainian Government to invest in the development of sports infrastructure. At the meeting of the Budget Committee, they announced the allocation of an additional ₴458.5 mln ($17.4 mln) in funding for the development of sports infrastructure to seven local regions, said Deput... #SportInfrastructure #SportinUkraine #UkraineInvestsinSports
WizzAir plans to hire 140 flight attendants for its Ukrainian business in the next six months, reported nv.ua. The airline recently announced an increase in the number of flights to and from Ukraine and is now looking for staff to work at bases... #WizAirUkraine #WizzAir
Editor’s note: The Verkhovna Rada has once again appointed new members of the government Ministry. The turnaround has been faster than the previous change. In the commercial world, if a company hires an employee for...
The Ministry of Economy has terminated the powers of five members of the supervisory board of the “Export Credit Agency”, and the Chairman of the Board. “The reason for this decision was the extremely unsatisfactory activities of the company and the lack of response from the members of the supervisory board,”... #ExportCreditAgency #ExportCreditAgencyChairmanFired
Kyiv received ₴59 mln in tourist tax revenues in the period Jan-Oct 2021. The budget of Kyiv has received ₴56 ($2.13 mln) in tourist tax revenues, which is ₴21.3 mln ($810,000) more than revenue earned for the whole of 2020, according to Deputy Head of Kyiv City State Admin... #KyivTourism #KyivTourismRevenue #TouristTaxRevenue
New Ukrainian Airlines undertook its first commercial flight. On Saturday, October 30, Air Ocean Airlines operating an An-148 aircraft operated its first flight on the route Kyiv-Mykolaiv. The announcement was made on the Facebook page of the manufacturer, Anton... #AirOceanAirlines #NewUkraineAirlines #UkraineAirlines
The manufacturers and importers of tobacco products will pay a 5% retail excise tax. The Verkhovna Rada of Ukraine adopted in the first reading the bill №5719, which obliges manufacturers and importers of tobacco products to pay a 5 % retail excise tax on tobacco products, tobacco, in... #ImportingTobaccotoUkraine #TobaccoMarketUkraine #TobaccoProductTax #TobaccoUkraine
Ukraine and Greece will boost the trade. President Volodymyr Zelensky met with the Prime Minister of Greece, Kyriakos Mitsotakis, to discuss trade between both countries and bilateral cooperation. “Our cooperation in fighting the recent fire... #BilaterialColaboration #UkraineandGreece
Ukrzaliznytsia is completing the modernization of the fourth electric train. The major overhaul at UZ includes the modernization of its electric suburban train fleet, and improvements to carriages which are modified for people living with disabilities. The refurbished trains w... #NewPassengerTrains #UkraineRailways #Ukrzaliznytsia #UZnewelectricTrains
Editor’s note: Global warming is one of the most pressing issues for the economy and society today. With our EU countries moving forward to lower emissions by implementing laws including the end to diesel cars produ...
Ukrenergo has raised $825 mln with the placement of 5-year “green” Eurobonds at 6.875% , reported Interfax. The placement is organized by BNP Paribas, Deutsche Bank, Goldman Sachs and Ukreximbank. It was supported by the Cabinet of Ministers which provided Ukrenergo with state guarantee... #EuroBondsUkraine #GreenBonds #GreenBondsUkraine #UkrEnergoBonds
The Ukrainian GTS may start transporting biomethane next year, announced the Deputy General Director of the GTS Operator of Ukraine, Pavel Stanchak. “I can say that next year we could take biomethane to the networks, provided that all the necessary technica... #Biomethane #biomethaneinUkraine #BiomethaneTransportation #PavelStanchak #UkrainianGTS
Competition in the public transport market reported Unian. Zaporizhzhia Automobile Building Plant (ZAZ) is developing a new model of the A18 bus, which will significantly compete with Minsk Automobile Plant (MAZ) products, said the Chairman of... #NewBusfromZAZ #ZAZ #ZAZbus #ZAZukraine
There is a queue in car dealerships until summer 2022 With new cars are no longer imported to Ukraine due to the shortage of chips, the auto industry will lose nearly $300 mln in 2021. As reported on the 2 + 2 channel, there are queues at car dealerships... #CarProductionqueue #NewCarProduction #NewCarshortage
Editor’s note: Yesterday, we spoke about the pandemic in Ukraine and the impact of COVID on the whole country. We are not alone. During the past 18 months, international manufacturers have been struggling with the s...
Highlights of the G20 Summit: Agreement to stop allocating funds for the construction of new coal-fired power plants abroad by the end of 2021. Leaders reaffirmed that richer nations are to raise $ 100 billion in aid for poor coun... #G20Summit #G20summit2021 #G20summitItaly
Ukrainian business activity expectations have declined due to quarantine restrictions. The business activity expectations index (IODA) in October 2021 was 51.4 (in September – 53.1), reported the NBU. A month of hard lockdown will cost the economy 0.3% of ... #BusinessActivityExpectations #businessinukraine #UkraineBusinessActivity
Ukrzaliznytsia (UZ) received the first new passenger carriages. Five compartment cars were constructed by the Kryukiv Car-Building Plant (KVBZ). Under the terms of the contract, 20 out of 100 cars ordered must be delivered by the end of 2021. #NewPassengerCars #UkraineRailRoad #Ukrzaliznytsia #UZ
Ukraine and Chile in discussions on signing a Free Trade Agreement. “An FTA between the two countries can be an effective tool for realizing the trade potential between Ukraine and Chile”, announced gov.ua. In January-August 2021, the trade volume between Ukraine and ... #ChileandUkraine #FreeTradeAgreement #FTA
On November 1st, Ukraine has joined the joint Eurocontrol route collection system. “This is the final stage in the incorporation of European best practices in the field of air navigation and allowed Ukraine to implement a European system of cooperation in the field of air navigation... #AirNavigation #EUairnavigation #Eurocontrol #Eurocontrolsystem.
Ukrzaliznytsia resumes another international route, the Mukachevo-Budapest service. In cooperation with the Hungarian State Railways, Ukrzaliznytsia will resume the № 33 / 34 Mukachevo-Budapest passenger train via Chop and Záhony today (November 2, 2021). #MukachevoBudapest #TraintoBudapest #Ukrzaliznytsia
Editor’s note: With almost all the regions of Ukraine in the red zone Zelensky’s administration has applied strict rules for not vaccinated citizens. If you are not vaccinated, you cannot use public transportation, ...
The OGHC privatization adviser appealed to the government for additional guarantees to protect investors. 29 potential investors, 16 of them external, were interested in the asset and signed a confidentiality agreement. Most of them refused to participate in the auction due to the lack of time allocated f... #BigPrivatizationUkraine #privatization #ZelenskiyBigPrivatization
Kalush CHP to be privatized with a starting bid of ₴230 mln ($8.75 mln). On November 30th, the State Property Fund (SPFU) will auction the “Kalush Thermal Power Plant, Nova”. The power generation facility has an electric capacity of the CHP is 200 MW, and is pa... #BigPrivatization #KalushCHP #PrivatizationinUkraine #StatePropertyFundofUkraine
New state leasing program to stimulate shipbuilding. The Ministry of Infrastructure of Ukraine is preparing a state leasing program for the public and private sectors, which will promote the growth of the Ukrainian shipbuilding industry, said the Minist... #shipbuildingindustry #shipbuildingUkraine #Ukrainestimulatesshipbuilding
Ukraine to sign a Free Trade Agreement with Turkey in February announced Atlantic Council. “Next year, both sides consider the meeting in February 2022 as an opportunity to finally sign the long-awaited Turkish-Ukrainian free trade agreement after many years of n... #FreeTradeAgreement #turkeyandukraine #UkraineandTurkeyFreeTrade
Ukraine will pay $14 bln in debt by 2023. The NBU noted that due to the distribution of $ 2.7 bln, Ukraine was able to increase reserves in August to the maximum level since April 2012 to ($ 31.6 bln). Ukraine passed the peak payments on the ... #ukrainedebt #UkraineNationalDebt #UkraineReserves
Startups of 14 Ukrainian teams to attend the largest IT conference, Web Summit 2021, in Lisbon and present their projects to investors. Ten teams were selected and sponsored by the Ukrainian Fund of Startups on a competitive basis. These are startups include: SPOKK, Organization GG, W... #ukraineIT #UkraineStartups #WebSUmmit2021
Poland’s national airline, LOT, will resume flights to Kharkiv. LOT will resume regular flights from Warsaw to Kharkiv in December, which were cancelled in March 2020 due to travel restrictions / Covid 19. #FlightstoUkraine #fromWarsawtoKharkiv #LOT #LOTairlines
UIA will start flying to Tel Aviv from Kharkiv and Dnipro. Starting from November 8, the UIA will start operating flights Kharkiv (HRK) – Tel Aviv (TLV) – Kharkiv (HRK) every Monday and every Wednesday. From November 9, passengers will be able to ... #FlightstoTelAviv #FromKharkivtoTelAviv #UIA #UkraineAirlines
Editor’s note: The privatization of the United Mining and Chemical Company was poorly executed and rushed. The State property fund claimed there were no potential bidders ready for an auction. Why is the government ...
Naftogaz has won a tender to supply gas to Moldovan Energocom. Naftogaz won a tender for the supply of gas to Energocom. This agreement is for the supply of 500,000 cubic meters of gas until October 29, 2021. #EnergoCom #Naftogaz #NaftogazGasforMoldova
Switzerland has expanded sanctions against Russia over the occupation of Crimea, The Swiss State Secretariat for Economic Affairs (SECO) has decided to extend the sanctions list for actions against the territorial integrity and sovereignty of Ukraine... #SwissandRussia #SwissSanctionsForRussia
The average salary in September 2021 in Ukraine was ₴14,239 ($540), according to the State Statistics Service. Compared to August 2021, the average wage increased by 1.7%, and for the last 12 months (relative to September 2020) by 18.7%. Real wages in September 2021 i... #AverageSalary2021 #AverageSalaryUkraine #SalaryUkraine
Government support for the agro-industrial complex should be at 1% of GDP. The Ministry of Agrarian Policy, Roman Leshchenko, said, “We have already defended the position of ₴4.6 bln ($174 mln) for the agro-industrial complex (for 2022). We are in dialogue with the Min... #agroUkraine #GovernmentsupportsAgro #UkraineAgroIndustrialComplex
A draft agreement on a single TRACECA transit permit has been approved. The Cabinet of Ministers has approved the draft agreement on a single transit permit for the Europe-Caucasus-Asia transport corridor (TRACECA), which will facilitate the procedure for organizing inter... #Freittransitionagreement #InternationalFreighttransit #TRACECA
Ukraine will start the production of lung ventilation machines using Swiss technology. Novator will soon start production of artificial lung ventilation devices using Swiss technology. “Tests have already been completed and received a positive assessment”, announced the Foreign Minister... #LungVentilationProduction #VentilationMachinesProduction
Ukrainian SMEs have ₴58 bln ($2.2 bln) in their accounts. Bank deposits held by Ukrainian SMEs grew by 9% year-on-year to ₴58 bln at the beginning of September, reported Opendatabot.com. This amount is the highest in the last past nine years. In 2012, sole p... #BankDepositsinUkraine #UkraineBanking
New route by Qatar Airways Doha-Odessa. Starting December 9, Qatar Airways will open direct flights on the route Doha-Odessa. According to Qatar Airways, it will fly three times a week: on Tuesdays, Thursdays, and Saturdays. #DohaKyivFlights #QatarAirways
Windrose will suspend three domestic flights. On November 9 three domestic routes that connected Kyiv with Mykolaiv, Uzhgorod, and Chernivtsi, will be discontinued, reported avianews.com. Flights Kyiv-Mykolaiv is suspended due to low demand for t... #Windrose #Windroseflights
Editor’s note: The spread of Covid is speeding up, with 26,071 new cases in one day. The Mayor of Kyiv has requested that the Ukrainian Government place Kyiv as a red zone. Starting from November 1st, public transpo...
The Ukrainian government hopes to increase its own coal production, said the Prime Minister, Denis Shmygal, speaking during a visit to the Donetsk region. “Ukraine needs coal more than ever today. Due to the price of gas and the shortage of coal, we make every e... #CoalProductionUkraine #DenysShmyhal
Ukraine used Bayraktar drones. On Tuesday, the Armed Forces of Ukraine (AFU) used drones for the first time for combat reconnaissance after that the shelling of Ukrainian positions stopped. Bayraktar drones were used to enforce a c... #Bayraktardrones #BayraktarinUkraine #MilitaryDrones
About 300,000 Ukrainians have received residence permits in Poland. In the first three quarters of 2021, 49,700 Ukrainians received certificates for: temporary residence which is valid for a period of up to three years; and permanent residence which is valid for ten y... #PolandResidence #ukrainiansinpoland
Ukraine will lead the EU strategy for the Danube region in 2022, said the Minister for Foreign Affairs, Dmytro Kyleba. “I would like to emphasize that Ukraine will be the first country to coordinate the activities of 14 Danube basin countries and the implementation... #Danube #DanubeRegion #EUstrategyForDanube
Other enterprises to be auctioned in the large-scale privatization in the remainder of 2021 include: the United Mining and Chemical Company (OGHC), the President Hotel in Kyiv, Electronmash, and the port of Ust-Dunaisk. The Head of the SPF, Dmitry Sennichenko, announced that on November 12 Electronma... #BigPrivatization #StatePropertyFund #ПриватизаціявУкраїні
Denmark has simplified the rules of entry for Ukrainian citizens. From October 25, they can enter Denmark without having to take a COVID-19 test and isolate themselves upon arrival, reported the Embassy of Ukraine in Denmark on its Facebook page. To enter Denmark, t... #TravelingToDenmark #UkraineandDenmark
Ukraine to receive another 18.8 million doses of Covid vaccine by end of 2021. Another 18.8 million doses of coronavirus vaccines will be delivered to Ukraine by the end of the year. In particular, 13.4 million doses of Pfizer vaccine will be delivered to the country, another 5.... #UkraineRecivesVaccine #UkraineVaccination
Clinical trials of two new coronavirus vaccines are to be carried out in Ukraine. According to the Ministry of Health a modified double study of monovalent and bivalent vaccines designed to protect adults aged 18 years and older from coronavirus will be carried out in Ukraine. #CovidVaccine #NewCovidVaccine #VaccineTrialsinUkraine
Editor’s note: The EU and Ukraine are both facing challenges regarding the current energy crisis. What are the lessons that can be learned from this crisis? We cannot depend on one source of energy, let alone one su...
