Marketing to migrant workers and students, FlixBus starts three new bus routes from Ukraine to Central Europe on Nov. 5 Marketing to migrant workers and students, FlixBus starts three new bus routes from Ukraine to Central Europe on Nov. 5 – two to Poland and one to the Czech Republic. One line goes Kyiv to Warsaw to S... #noIMFforukraine imfmissioninukraine kernellonsmoney kernelcheapmoney UkrainiansinPoland RadissoninOdessa MHPPoultry MHPboostssales railcargoisup RailCargoukraine
oday, the central bank Board is expected to keep the prime rate unchanged at 6 oday, the central bank Board is expected to keep the prime rate unchanged at 6%, according to a Reuters poll of analysts. Of 15 polled, 13 predicted no change. Two predicted a cut to 5.5%. The Nationa...
More fallout from More fallout from Naftogaz pulling its $500 million Eurobond placement at the start of a road show. Concorde Capital’s Alexander Paraschiy writes: “In our view, Naftogaz’s decision to put off the deal...
With new coronavirus cases hitting a record 6,719 yesterday, the Cabinet of Ministers next week shifts its weekly meeting to online With new coronavirus cases hitting a record 6,719 yesterday, the Cabinet of Ministers next week shifts its weekly meeting to online, Prime Minister Shmygal said at yesterday’s meeting. Separately, Tet...
After Sunday’s local election, the government is likely to tighten hygiene restrictions, notably fines for not wearing masks After Sunday’s local election, the government is likely to tighten hygiene restrictions, notably fines for not wearing masks, reports Obozrevatel. The news site quotes one ‘government source’ saying: ...
Through September, retail sales are up 6.7% compared to the first nine months of last year Through September, retail sales are up 6.7% compared to the first nine months of last year, reports the State Statistics Service. The biggest growth regions were: Kyiv +17%; Zaporizhia +14%; and Chern...
E-commerce is growing faster in Ukraine than in the rest of Eastern Europe, according to new research by Euromonitor International. E-commerce is growing faster in Ukraine than in the rest of Eastern Europe, according to new research by Euromonitor International. During the first half of this year, e-commerce sales in Ukraine grew...
In Ukraine’s beauty business, the e-commerce portion of beauty product sales has jumped by 55% this year In Ukraine’s beauty business, the e-commerce portion of beauty product sales has jumped by 55% this year, Elyzaveta Timenko, Market Insight manager for L’Oréal Ukraine, told a Franco-Ukrainian C...
Riding the wave of e-commerce, Nova Poshta has expanded its branch network this year by 22%, reaching 7,145. The package delivery service now has 4,000 branches in villages. Riding the wave of e-commerce, Nova Poshta has expanded its branch network this year by 22%, reaching 7,145. The package delivery service now has 4,000 branches in villages. “In 2020, despite the quar...
Nova Poshta is about to open its fourth high speed sorting center, in Kharkiv. Nova Poshta is about to open its fourth high speed sorting center, in Kharkiv. Costing €10 million the new sorting center uses Dutch Vanderlande equipment and is capable of sorting 15,000 packages an ...
Nova Poshta’s deliveries jumped by 35% during the first half of this year, compared to the same period in 2019. Nova Poshta’s deliveries jumped by 35% during the first half of this year, compared to the same period in 2019. With much of the first half coinciding with the lockdown, a popular new service was drug...
El Al resumes flights on Monday between Tel Aviv and Kyiv Boryspil. Initially, the flights will be only three times a week. For now, Israel does not allow inbound tourism. El Al resumes flights on Monday between Tel Aviv and Kyiv Boryspil. Initially, the flights will be only three times a week. For now, Israel does not allow inbound tourism. Although Israel has one quar...
Due to mounting EU coronavirus controls, UIA is postponing to the end of November the re-launch of its flights from Kyiv Boryspil to Brussels, Dusseldorf and Prague Due to mounting EU coronavirus controls, UIA is postponing to the end of November the re-launch of its flights from Kyiv Boryspil to Brussels, Dusseldorf and Prague, the airline reports. Due to the Ar...
Kateryna Rozhkova, the last major leader of the central bank team that closed 100 insolvent banks during the 2015-2017 banking cleanup, has been stripped of her powers to regulate banks. Kateryna Rozhkova, the last major leader of the central bank team that closed 100 insolvent banks during the 2015-2017 banking cleanup, has been stripped of her powers to regulate banks. The National ...
UIA is on track to carry 2 million passengers this year, one quarter the 8 million carried last year. UIA is on track to carry 2 million passengers this year, one quarter the 8 million carried last year. From January through September, the airline carried 1.45 million passengers, the airline reports. ...
Unian news agency summarized Unian news agency summarized: “The NBU Board took from Rozhkova’s subordination six key departments for supervision of the banking market and transferred to her three divisions that do not play ...
To make money, UIA is turning its Boeings into flying billboards. On Nov. 5, the airline will auction off rights to paint signs on the fuselages of its planes. To make money, UIA is turning its Boeings into flying billboards. On Nov. 5, the airline will auction off rights to paint signs on the fuselages of its planes. For a three months of ‘fuselage branding...
Timothy Ash, who followed the bank cleanup five years ago, writes from London: Timothy Ash, who followed the bank cleanup five years ago, writes from London: “The problem with Rozhkova’s demotion is that it sends a clear message that the 2015-17 banking reforms were somehow erro...
Gennadiy Bogolyubov, former co-owner of PrivatBank, the largest bank affected by Rozhkova, has filed four lawsuits in Kyiv’s economic courts contesting the bank’s 2016 nationalization Gennadiy Bogolyubov, former co-owner of PrivatBank, the largest bank affected by Rozhkova, has filed four lawsuits in Kyiv’s economic courts contesting the bank’s 2016 nationalization, NV news s...
Echoing feedback from London and New York Echoing feedback from London and New York, Van Driel said: “Investors also reminded that they are closely monitoring corporate governance reform, as it is a critical factor for the development of inve...
The morning after the deal was postponed The morning after the deal was postponed, van Driel was quoted by Interfax-Ukraine saying: “One incident – you can digest two – it’s already difficult, [but] when there is a whole se...
Timothy Ash writes from London Timothy Ash writes from London: “Pretty embarrassing that the Finance Ministry/ Tax Authority seem to be in dispute with a big state-owned enterprise…All this breaking around the time of the pla...
By raising rates yesterday By raising rates yesterday, the Finance Ministry managed to nearly match the volume of government hryvnia bonds sold at auction, compared to the week before. At this week’s auction, investors bought 5...
Today, 120 Rada members from the ruling Servant of the People party travel to the front line areas of Donetsk and Luhansk Today, 120 Rada members from the ruling Servant of the People party travel to the front line areas of Donetsk and Luhansk, an effort by President Zelenskiy to galvanize political support for his propo...
Only one third of Ukrainians back a “free economic zone” in the Donbas Only one third of Ukrainians back a “free economic zone” in the Donbas, according to a nationwide poll completed Monday by the Kyiv International Institute of Sociology. One third of the 505 responden...
To make Ukraine more attractive to Ukrainians living in the Russia-controlled areas To make Ukraine more attractive to Ukrainians living in the Russia-controlled areas, Zelenskiy said the government is building “convenient, modern checkpoints” at the lines of control. He added: “We a...
Ukraine’s daily number of new coronavirus infections may rise to 8,000-10,000 a day in November, Ukraine’s daily number of new coronavirus infections may rise to 8,000-10,000 a day in November, Ukrainian health minister Maksym Stepanov warned yesterday. On Monday, President Zelenskiy said he woul...
To help the economy recover from Covid To help the economy recover from Covid, Zelenskiy favors a tax amnesty and new taxes on capital withdrawals from Ukraine. He told the Rada: “It is time to put an end to this issue — and I am rea...
Ukraine will spend a record $5.5 billion repairing and rebuilding 7,000 km of roads next year – a 17% increase in kilometers and money over this year Ukraine will spend a record $5.5 billion repairing and rebuilding 7,000 km of roads next year – a 17% increase in kilometers and money over this year, the Finance Ministry reports on Facebook. The goa...
The US Justice Department charged six Russian military intelligence officers Monday of conducting a hacking campaign that caused billions of dollars in damages over the last five years The US Justice Department charged six Russian military intelligence officers Monday of conducting a hacking campaign that caused billions of dollars in damages over the last five years, including shut...
Prosecutors said the suspects worked for Unit 74455 of the Russian intelligence Main Directorate Prosecutors said the suspects worked for Unit 74455 of the Russian intelligence Main Directorate, commonly referred to as the G.R.U. Accompanying the 50-page indictment, the American prosecutors distr...
Naftogaz unexpectedly withdrew its $500 million Eurobond offering Monday night Naftogaz unexpectedly withdrew its $500 million Eurobond offering Monday night, at the end of the first day of a roadshow organized by Citibank. “International investors are increasingly concerned abo...
Van Driel blamed “unproven accusations of the State Audit Office.” Van Driel blamed “unproven accusations of the State Audit Office.” Two weeks ago, leaks from this office indicated that the state oil and gas company may have failed to pay $2.6 billion in taxes last ...
In Ukraine, players are taking public positions in advance of stricter controls, expected after Sunday’s mayoral elections. In Ukraine, players are taking public positions in advance of stricter controls, expected after Sunday’s mayoral elections.
Ukrzaliznytsia calls for keeping the trains rolling. Ukrzaliznytsia calls for keeping the trains rolling. The state railroad, the nation’s largest employer, posted a statement on Facebook yesterday saying it “advocates for maximum preservation of the pa...
Ukraine’s Health Ministry urged employers yesterday to expand remote working Ukraine’s Health Ministry urged employers yesterday to expand remote working. “You don’t have to gather people unless necessary,” Deputy Health Minister Iryna Mykychak, told reporters yest...
Pacing the EU’s second wave, Ukraine’s daily new infections tripled since Sept. 1, hitting 6,410 Saturday. Pacing the EU’s second wave, Ukraine’s daily new infections tripled since Sept. 1, hitting 6,410 Saturday. As measured by infections per 1 million inhabitants, Ukraine, with its estimated population o...
The death rate from coronavirus is 2% in Ukraine The death rate from coronavirus is 2% in Ukraine, Viktor Liashko, the nation’s chief sanitary doctor, tells RFE/RL. Worldwide, the death rate has dropped to 3%, from 7%, largely better medical protoco...
Worsening Ukraine’s bleak demographic situation, marriages have dropped by 27% during the pandemic Worsening Ukraine’s bleak demographic situation, marriages have dropped by 27% during the pandemic, RFE/RL reports, citing Justice Ministry figures. From March 12 to Oct. 10, marriages dropped by 38,7...
Confident in the strength of foreign investor interest in Ukraine’s Eurobonds, Naftogaz plans to place a larger Eurobond issue at lower yields than made public last week Confident in the strength of foreign investor interest in Ukraine’s Eurobonds, Naftogaz plans to place a larger Eurobond issue at lower yields than made public last week, reports Interfax-Ukraine. The...
With the government in breach of a law passed in July to pay overdue electricity bills to solar and wind producers With the government in breach of a law passed in July to pay overdue electricity bills to solar and wind producers, the American Chamber of Commerce in Ukraine is urging the Ministries of Finance and ...
A second crossing between Ukraine-controlled and Russia-controlled Luhansk will open in two weeks in Shchastia A second crossing between Ukraine-controlled and Russia-controlled Luhansk will open in two weeks in Shchastia, a city on the north bank of the Severodonetsk River. A city with a pre-war population of...
A third Luhansk control point is to open later in November at Zolote A third Luhansk control point is to open later in November at Zolote, Oleksiy Reznikov, minister for Reintegration of the Temporarily Occupied Territories, told the Washington-Kyiv program Friday. Due...
In a healthy sign for Ukraine-controlled Donbas, Mariupol, Donetsk region’s only port, reports that cargo is up by 16.5% In a healthy sign for Ukraine-controlled Donbas, Mariupol, Donetsk region’s only port, reports that cargo is up by 16.5% for the first nine months of this year, compared to the same January-September ...
To ease Kyiv’s traffic jams, China’s Hikvision will supply the city with 19 cameras for an artificial intelligence-based road traffic management system To ease Kyiv’s traffic jams, China’s Hikvision will supply the city with 19 cameras for an artificial intelligence-based road traffic management system, reports ITC.ua. Connected to a program for stor...
Marking Monday’s opening of Zaporizhia’s new air terminal Marking Monday’s opening of Zaporizhia’s new air terminal, SkyUp airlines announced yesterday that it will launch flights next spring between Zaporizhia and Batumi, Larnaca and Prague. Assuming the co...
Ukraine has delivered to Turkey a S-125 Pecora land to air missile system, Ukraine has delivered to Turkey a S-125 Pecora land to air missile system, reports Defence Turk news site. The sale, announced with little fanfare by Vadym Nozdry, CEO of Ukrspetsexport, was largely o...
With fresh coronavirus controls sweeping across the EU this week With fresh coronavirus controls sweeping across the EU this week, Christine Lagarde, president of the European Central Bank warns that last summer’s economic recovery “is losing momentum.” Instead, th...
On Saturday, President Erdoğan announced that Turkey’s giant Black Sea gas field is 405 billion cubic meters, enough to make Turkey a gas exporter. On Saturday, President Erdoğan announced that Turkey’s giant Black Sea gas field is 405 billion cubic meters, enough to make Turkey a gas exporter. Located off the coast of Ereğli, 200 km east of Ista...
In Istanbul on Friday, President Zelenskiy stressed the geopolitical significance of this find. In Istanbul on Friday, President Zelenskiy stressed the geopolitical significance of this find. He told Demirören: “I would like to congratulate the Turkish people on the confirmation of large reserve...
