Fresh from winning reelection last July, Polish President Andrzej Duda came to Odesa yesterday and spun a vision of a Gdańsk to Odesa transportation corridor, Fresh from winning reelection last July, Polish President Andrzej Duda came to Odesa yesterday and spun a vision of a Gdańsk to Odesa transportation corridor, a highway shortcut that would speed conta...
The Dean of the Geography Faculty The Dean of the Geography Faculty of Kyiv’s Taras Shevchenko National University died last week of Covid.
Instead of 18 days by boat, containers would move between Odesa and Gdańsk in 18 hours by truck. Instead of 18 days by boat, containers would move between Odesa and Gdańsk in 18 hours by truck. The highway distance is 1,570 km. By contrast the shipping distance, through the Strait of Gibraltar, i...
Concorde Capital’s Zenon Zawada writes Concorde Capital’s Zenon Zawada writes: “These are setbacks – hurting the country economically for the year’s remainder – that essentially nullify the success achieved by the Zelensky administration i...
“We’ll be supporting Ukraine’s ambitions in its development as a logistics transit country in Eastern Europe,” “We’ll be supporting Ukraine’s ambitions in its development as a logistics transit country in Eastern Europe,” said Duda, whose term in office runs through 2025. A modern highway with a sm...
Ukraine GDP drop through August eased to 5.8% yoy Ukraine GDP drop through August eased to 5.8% yoy, down from 6.2% yoy through July, estimates the Economic Development Ministry.
Ukrainian officials focused on mechanics: winning more truck transit permits from Poland, Ukrainian officials focused on mechanics: winning more truck transit permits from Poland, creating customs zones designed to speed clearances of trucks crossing the border, and expansion of a EU4Digit...
Concorde Capital’s Evgeniya Akhtyrko Concorde Capital’s Evgeniya Akhtyrko: The economic decline is halting rather quickly amid high consumer demand reflected by retail trade growth and accelerated renewal in construction, which has been ...
Last week, the 10,000th China-Europe container train passed through the Xinjiang border terminal Last week, the 10,000th China-Europe container train passed through the Xinjiang border terminal with Kazakhstan. From January to September, 3,243 China-Europe container trains passed through Xinjiang...
UIA has announced a reduced winter schedule. UIA has announced a reduced winter schedule. It will be in effect from Oct. 25 to the end of March. Domestic destinations from Kyiv Boryspil are reduced to Kharkiv, Lviv and Odesa. UIA will fly to 18 ...
Two Central European rail companies plan to increase their China-EU trains through Ukraine to once a week. Two Central European rail companies plan to increase their China-EU trains through Ukraine to once a week. Rail Cargo Group, a subsidiary of Austrian Federal Railways, ÖBB, says its new route through ...
Through September, Ukraine’s air traffic was down 63% yoy, Through September, Ukraine’s air traffic was down 63% yoy, hitting 6.9 million passengers. Traffic at Kyiv Sikorsky was down 70%, to 601,000 passengers. Traffic at Lviv was down 58%, to 703,000.
With Chinese shipping demand strong for the weekly China-Kyiv freight train, Ukrzaliznytsia predicts the train will soon increase by 50%, to 64 containers. With Chinese shipping demand strong for the weekly China-Kyiv freight train, Ukrzaliznytsia predicts the train will soon increase by 50%, to 64 containers. “We are planning to establish a return flow ...
Holiday alert: Holiday alert: Please note today is a day off in Ukraine – the Defenders of Ukraine holiday. Instituted by President Poroshenko in 2014, after the Russia-Ukraine war broke out, the holiday replaces th...
With new coronavirus infections averaging 5,000 a day, the Cabinet met in extraordinary session yesterday and decided to extend the “adaptive” quarantine through Dec. 31 With new coronavirus infections averaging 5,000 a day, the Cabinet met in extraordinary session yesterday and decided to extend the “adaptive” quarantine through Dec. 31. University students are to va...
In Kyiv, there are now 2,730 beds in 22 hospitals dedicated to treating Covid patients In Kyiv, there are now 2,730 beds in 22 hospitals dedicated to treating Covid patients, Mayor Klitschko told reporters yesterday. Despite this increase, the occupancy rate of Covid beds is around 70%....
Contributing to Ukraine’s 1-7 football loss to France in Paris one week ago Contributing to Ukraine’s 1-7 football loss to France in Paris one week ago, Ukraine’s top three goalkeepers were sidelined by coronavirus, leaving the task of defending the net to retired goalkeeper ...
1,800 police officers were infected last week with Covid 1,800 police officers were infected last week with Covid, Interior Minister Arsen Avakov told the Cabinet yesterday.
Over the last four months, 500,000 Ukrainian tourists vacationed in Antalya, the Turkish Mediterranean often called the Turkish Riviera. Responding to the corona pandemic with Over the last four months, 500,000 Ukrainian tourists vacationed in Antalya, the Turkish Mediterranean often called the Turkish Riviera. Responding to the corona pandemic with the Safe Tourism Certifi...
Borys Danevych Borys Danevych, a legal expert in life sciences — pharmaceutical, biotech, and medical – joins as partner the firm CMS Cameron McKenna Nabarro Olswang in Kyiv. Formerly, the owner and head of Da...
Ilya Timtchenko, former business editor of the Kyiv Post, has been hired to cover Ukraine and the region for REDD Ilya Timtchenko, former business editor of the Kyiv Post, has been hired to cover Ukraine and the region for REDD, a new, online fixed-income intelligence and analytics platform focused on emerging ma...
TECHIIA, a Kyiv-based international IT company, wants to build a $1 billion energy intensive data processing center on 90 hectares next to the Kakhovka Hydroelectric Station TECHIIA, a Kyiv-based international IT company, wants to build a $1 billion energy intensive data processing center on 90 hectares next to the Kakhovka Hydroelectric Station in Nova Kakhovka, Kherson....
TECHIIA is prepared to invest the first $15 million and is looking for investors for the first $200 million phase. TECHIIA is prepared to invest the first $15 million and is looking for investors for the first $200 million phase. Digital Transformation Minister Mykhailo Fedorov said last week at the project’s anno...
American Amos Hochstein has quit the Naftogaz supervisory board, the second Westerner to resign from a state company board in two weeks American Amos Hochstein has quit the Naftogaz supervisory board, the second Westerner to resign from a state company board in two weeks. Hochstein, a former ‘energy diplomat’ for the State Department,...
In response to Hochstein, In response to Hochstein, Andriy Kobolyev, Naftogaz CEO, thanked him for his help in the successful suit against Gazprom and promised: “[Naftogaz] management will further strive for transparent decisi...
Ukrposhta has climbed to the 30th spot in a UN ranking of the world’s 170 national postal operators Ukrposhta has climbed to the 30th spot in a UN ranking of the world’s 170 national postal operators. Ranking for reliability, availability, relevance and resistance to shocks, the Postal Development I...
Consumer inflation in September fell to 2.3% yoy, down slightly from 2.5% in August, reports the State Statistics Service. The Consumer inflation in September fell to 2.3% yoy, down slightly from 2.5% in August, reports the State Statistics Service. The National Bank of Ukraine predicts that energy prices will rise this fall,...
Concorde Capital’s Evgeniya Akhtyrko writes Concorde Capital’s Evgeniya Akhtyrko writes: “The abundant supply of domestic fruits and vegetables drove the food component of inflation downward in helping to eke out relatively low inflation in Sep...
Today in Odesa, Andrzej Duda, president of Poland, one of Ukraine’s top foreign investors and trading partners, Today in Odesa, Andrzej Duda, president of Poland, one of Ukraine’s top foreign investors and trading partners, opens the Ukrainian-Polish Economic Forum with President Zelenskiy. Meeting Zelenskiy ye...
Yesterday in Kyiv, PGNiG, Poland’s state oil and gas company, signed an investment agreement yesterday with Yesterday in Kyiv, PGNiG, Poland’s state oil and gas company, signed an investment agreement yesterday with US-based Energy Resources of Ukraine to jointly explore and produce oil and gas from a licen...
Separately, Kwieciński signed a confidentiality agreement with Ukraine’s State Property Separately, Kwieciński signed a confidentiality agreement with Ukraine’s State Property Fund to gain access to data on state energy properties coming up for sale. He said: “We believe that further ene...
Busfor, the online bus ticket service, reports that this summer’s most popular international bus route were all to Poland. Busfor, the online bus ticket service, reports that this summer’s most popular international bus route were all to Poland. Alexey CEO of Busfor.ua, said that because of corona restrictions, Bulgaria f...
Ukraine will upgrade its consulate in Wroclaw to consulate general Ukraine will upgrade its consulate in Wroclaw to consulate general, Zelenskiy said yesterday. With an estimated 1 million Ukrainians working in Poland, Ukraine has its largest consular network in the ...
The World Bank will loan $65 million to rebuild 183 km of roads in the government-controlled portion of Luhansk The World Bank will loan $65 million to rebuild 183 km of roads in the government-controlled portion of Luhansk, Ukravtodor reports on Facebook. Three road sections have be chosen to have the maximum ...
Ukraine’s $300 million, largely US-financed storage facility for spent nuclear fuel will be completed by the end of this year, Ukraine’s $300 million, largely US-financed storage facility for spent nuclear fuel will be completed by the end of this year, Petr Kotin, acting head of Energoatom, assured reporters Friday. Schedule...
Using the Using the dry storage technology of Holtec International, a Florida-based firm, the facility near Chornobyl, in northern Kyiv region, to take the fuel by rail from nine commercial reactors in three po...
The one hitch is that 40 km of access railroad track have not been cleared The one hitch is that 40 km of access railroad track have not been cleared of trees by Severnaya Pushcha (Northern Forest) State Enterprise, a unit of the Chornobyl Exclusion Zone Management Agency. T...
With Kyiv city recording 500 new Covid-19 infections a day, the city moves today to the stricter “orange” quarantine level and adds new hospital beds. With Kyiv city recording 500 new Covid-19 infections a day, the city moves today to the stricter “orange” quarantine level and adds new hospital beds. After Kyiv region reported that 152 students and ...
On Friday and Saturday, new infections nationwide averaged 5,766 a day On Friday and Saturday, new infections nationwide averaged 5,766 a day. On Saturday morning, the reported daily death toll hit 108. In Kharkiv Region, hospitals are full, says Oleksiy Kucher, the regi...
With local elections taking place in two weeks, local officials are reluctant to reimpose a severe quarantine. With local elections taking place in two weeks, local officials are reluctant to reimpose a severe quarantine. “The suspension of enterprises and the closure of the city will finally finish off the ec...
With the Covid-recession extending across Europe, Ukraine is suffering from economic contagion With the Covid-recession extending across Europe, Ukraine is suffering from economic contagion, the EBRD reports in its most recent regional report. The EBRD’s now predicts Ukraine’s GDP will shrink t...
The pandemic is effecting city finances in Ukraine The pandemic is effecting city finances in Ukraine, warns Fitch Ratings, which rates the bonds of eight Ukrainian cities. “Fitch estimates that the operating revenue of rated Ukrainian cities will be ...
On Friday, the day the Nobel Committee gave the Peace Price to the United Nations World Food Program On Friday, the day the Nobel Committee gave the Peace Price to the United Nations World Food Program, the Wall Street Journal reported: “Wheat Prices Skyrocket After Dry Weather, Coronavirus Lockdowns...
Rising world grain prices are partially fueled by disappointing harvests in Ukraine, one of the world’s top five grain producers. Rising world grain prices are partially fueled by disappointing harvests in Ukraine, one of the world’s top five grain producers. As of Friday, Ukraine’s grain exports were 13 million tons, down 12% y...
Thanks to recent rains, autumn sowing has picked up, easing worries about a poor harvest next summer Thanks to recent rains, autumn sowing has picked up, easing worries about a poor harvest next summer, reports APK-Inform consultancy. “Sufficiently heavy rains in the last days of September and early ...
Capping a decade of lobbying by the Ukrainian Seed Association, the European Parliament voted last week to import Ukrainian seeds, Capping a decade of lobbying by the Ukrainian Seed Association, the European Parliament voted last week to import Ukrainian seeds, agreeing that their quality meets EU standards. Romain Desthieux, cha...
The EBRD is preparing a soft loan of €450 million to Ukravtodor to build a northern bypass highway around Lviv and to help fund the rebuilding the southern two thirds of the 475 km Kyiv-Odesa highway. The EBRD is preparing a soft loan of €450 million to Ukravtodor to build a northern bypass highway around Lviv and to help fund the rebuilding the southern two thirds of the 475 km Kyiv-Odesa highway....
Britain’s UK Export Finance agency is resuming loans and insurance for major British exports to Ukraine, supporting up to Britain’s UK Export Finance agency is resuming loans and insurance for major British exports to Ukraine, supporting up to £2.5 billion, Ukraine officials reported yesterday from President Zelenskiy’s ...
