Partners news

Wednesday, September 29

Dragon Capital Acquires VIKING Business Center In Lviv. The A-class business center is located in downtown Lviv, at the intersection of Zelena and Pymonenko in the Sykhiv district. The total area of 18,766 square meters and parking for 102 vehicles. “This ...

The first container train with cargo Ukrainian products sent to China. Ukraine had previously received freight trains from China as part of the “One Belt – One Road” program. The President of the Ukraine Chamber of Commerce, Gennadiy Chizhikov, announce...

Uzbekistan Airways Resumes Flights from Tashkent to Kyiv. Starting on September 26, Uzbekistan Airways will resume flights on the Tashkent-Kyiv-Tashkent route each Sunday. The resumption of flights was announced by the Embassy of Uzbekistan. “Currently...

Editor’s note: We have seen a large number of changes at the Naftogaz management team and Supervisory Board in the last 12 months. These changes along with the new National Investment Council Board of Directors illu...

Tuesday, September 28

Ukrainian Ambassador to Germany Melnyk positive that Berlin will continue to support Kyiv after the Bundestag election. Speaking about his reaction to the exit polls that indicated that Germany’s Social Democratic Party (SPD) holds a slim lead in the Bundestag election, followed by the conservative CDU/CSU bloc l...

Russia Concerns over NATO membership for Ukraine reported RadioSvoboda. Kremlin spokesman, Dmitry Peskov, said that Russia staunchly opposes the idea of NATO membership for Ukraine and added that Putin has repeatedly noted the issue of the potential broadeni...

Ukraine and Egypt bilateral cooperation. Vladimir Zelensky spoke with President of Egypt and reaffirmed his readiness to develop bilateral relations and increase the supply of domestic products to the market of the Republic of Egypt. For his...

Three An-178 aircraft will be built in Ukraine without using Russian components. “Complete elimination of dependence on the supply of components from the Russian Federation is among the main priorities Director of Ukroboronprom, Yuriy Husev said. The contract for the constru...

The growth of the tobacco products market has declined in 2021. “In 2020, the tobacco products market, according to our estimates, grew by 80%”, but after the excise tax was increased by 320% from January 1, 2021, and subsequently the price grew, this indicator fi...

Editor’s note: The purpose of the construction of Nord Stream-2 was to cut off Ukraine from the gas transit business. By leaving Ukraine’s gas pipe empty, the owners of the project will cut off billions of dol...

Monday, September 27

Germany votes for continuity and stability. The preliminary results from the country’s parliamentary election on September 26 suggested that voters had not opted for any drastic change. Both leading parties, the conservative CDU and the center-...

The US will hold Russia accountable for its aggression against Ukraine, U.S. Chargé d’Affaires Kristina Kvien said during the Kyiv Security Forum “West-East, North-South.” She elaborated: “As Ukraine works towards Euro-Atlantic integration, we must...

Motor Sich and Baykar Makina sign a cooperation agreement. The leading aviation companies of Ukraine and Turkey have concluded a cooperation agreement. The signing ceremony took place during the Teknofest Aerospace and Technology Festival in Istanbul on Septe...

Chernihiv Dairy plant shares were acquired by Way Capital LLC. The Antimonopoly Committee of Ukraine (AMCU) has granted permission to Inter Way Capital LLC, a Kyiv-based company, to purchase shares in PJSC Ichnia Dairy and Canning Plant in Chernihiv Oblast. The p...

Swiss Stadler to build two plants in Kharkiv. The Acting Mayor of Kharkiv Mayor, Ihor Terekhov, said that “On October 6, a contract will be signed with the Swiss company Stadler, and Elektrovazhmash. Stadler is one of Europe’s leading produ...

Dual citizenship is still a goal. At a recent meeting with representatives of the diaspora in New York, President Volodymyr Zelensky reiterated his pledge to provide Ukrainian citizenship for non-residents of Ukrainian origin. Accordi...

Ukraine has exported over 6,000 tons of fish and other sea products in the period Jan-July 2021. The value of the exported goods was $25.9 million, the Ukrainian State Fisheries Agency has reported. The largest importers of Ukrainian fish products were Germany ($6.6 m...

Boryspil Airport is amongst Europe’s busiest airports. The terminal took fourth place in the latest ranking of airports with passenger traffic from 10 to 25 million passengers, according to the report for July 2021 released by Airports Council Internation...

New Ukrainian low-cost airline Bees Airline announces its first services. Using Boeing 737-800 planes, the airline will commence scheduled flights between Kyiv and Odesa from October 14 in addition to Kyiv (Zhulyany) to Odesa five times a week, with the ticket price at UAH ...

Occupancy of co-working space rises to 75%. The Ukrainian coworking and flexible office market is returning to pre-quarantine levels. The average occupancy rate of locations is up to 75%, according to a study by CBRE. The pre-quarantine occupan...

Editor’s note: Last night, the result of the German parliamentary election was still too close to call. Both leading parties, the center-right Christian Democratic Union (CDU) and the center-left Social Democratic P...

Friday, September 24

During his recent visit to New York, Zelensky met with Boris Johnson, the Prime Minister of the UK to discuss strategic partnerships. The parties assessed the first results of the implementation of the Agreement on Political Cooperation, Free Trade and Strategic Partnership between Ukraine and the United Kingdom.” There was an...

The government removed most members from Ukrzaliznytsia’s supervisory board. The Cabinet of Ministers of Ukraine has refused to extend the contracts of four members: Shevka Ajuner, Andreas Mathieu, Serhiy Leshchenko, and Oleg Zhuravlyov. Until recently, Ukrzaliznytsia’s ...

VII Kyiv International Economic Forum will be held on Oct. 7-8 in Kyiv. On October 7 and 8, the Kyiv International Economic Forum (KIEF) takes place in the nation’s capital. Bringing together well-known world economists, influential businessmen, representatives of the Ukr...

Modern Park to be built in Kaniv near Shevchenkivsky Cultural Center. After the completion of the construction of the Shevchenkivsky Cultural Center in Kaniv, Cherkasy region, a modern park is being built nearby. A modern recreation space was named the Shevchenko HUB. A...

Quarantine in Ukraine will end in spring 2022. If most Ukrainians are vaccinated against Covid-19 before the New Year, compulsory quarantine in Ukraine may end in announced the Minister of Healthcare of Ukraine, Viktor Lyashko, during the V Intern...

Editor’s note: The attempted assassination of Serhiy Shefir, a key member of the Presidential advisory team, led to Zelensky cut short his trip to the US to back to Kyiv. The incident illustrates the tremendous pres...

Thursday, September 23

Volodymyr Zelensky met with the President of the 76th session of the UN General Assembly. Zelensky stressed the importance of approving at the plenary session two General Assembly resolutions that Ukraine and its partners plan to submit: “The human rights situation in the temporarily...

In New York, Zelensky also met with NATO Secretary General Jens Stoltenberg. He thanked the Secretary-General for NATO’s continued support for Ukraine, noting the importance of its representative’s participation in the Crimea Platform Summit that was recently held in Kyi...

Zelensky’s visit to the US was cut short due to the assassination attempt on his aide, Serhiy Shefir. The President of Ukraine announced that he would return to Kyiv immediately after addressing the UN General Assembly.

During his brief visit to New York, Volodymyr Zelensky took time to meet business leaders including the President of Microsoft. At the meeting, the President discussed the implementation of digitalization and prospects for the development of the national IT market. A market that offers favorable tax and legal regimes for IT co...

Record-High Gas Prices Affect Many European Corporate Sectors reported Fitch Ratings. Record-high natural gas prices are putting pressure on supply chains of many European corporate sectors, including non-integrated energy suppliers, fertilizer producers and consumer goo...

Government proposes to strengthen consumer protection on the Internet, said Prime Minister Shmyhal. Consumer security is one of the main priorities of the state and the Government, as the consumer is the main investor in the country’s economy. “Today, there i...

SKyUP airlines started its first flight to Poland. The charter airline company has expanded into regular flights with the launch of its first scheduled flight to Poland – from Kyiv Boryspil airport to Lodz. SkyUp will fly to Kyiv-Lodz twice a we...

Editor’s note: The UBN wishes to provide an update and correction regarding VR Capital litigation with UZ. VR Capital will appeal to Supreme Court against the decision of the Court of Appeal on the invalidity of the...

Wednesday, September 22

At the UN General Assembly, President Zelensky will discuss how UN can help to liberate Ukrainian territories. “We must not only speak but also demand appropriate action. We are looking for solutions in Donbas and Crimea, at all sites. Yes, the UN is one of the main sites and we should not miss this oppo...

For the first time since Russia’s illegal annexation of Crimea, it held elections on the territory of the disputed peninsula. According to the Atlantic Council, the elections have been a source of contention between Russia and the international community. OSCE election observers refused to monitor the polls in Crimea, and th...

French and Russian Foreign Ministers to discuss Ukraine, Afghanistan at UNGA. The talks of the foreign ministers will take place this week (112.international). TASS reported that the Foreign Minister of France, Jean-Yves Le Drian, and his Russian colleague, Sergey Lavrov, plan ...

According to the Minister of Finance of Ukraine, Sergii Marchenko, the 2022 State Budget is an Investment in Person, Country and Future. The total resource of the State Budget-2022 is UAH 1,465.7 bln ($54.9 bln) which is an additional UAH 161.7 bln ($6 bln) in comparison to 2021. The priorities of the State Budget-2022 are: ensuring a ...

The Verkhovna Rada adopted the bill legalizing the work of freelancers. The use of a fixed-term employment contract increases employee mobility, gives greater freedom of choice in exercising the right to work, as well as creates a convenient legislative mechanism for lega...

The American Chamber of Commerce and Citi Ukraine presented the results of the new survey on doing business in Ukraine. The survey concluded that the biggest obstacle to doing business in Ukraine was the judicial system. This was the opinion of more than half – 56% – of companies that are members of the Ame...

The US Congress has proposed to increase the amount of security assistance provided to Ukraine by $50 million. This will increase the total to $300 million, according to the draft US defense budget for 2022. The Ambassador of Ukraine to the United States, Oksana Markarova, said that the draft budget should be ...

The construction of the “Japanese” bridge across the Southern Buh is planned to begin in December 2021. The bridge construction will take eight years to complete, and the preliminary cost is estimated to be $700 million. The proposed bridge was first raised by the Japanese ambassador to Ukraine who visi...

Editor’s note: The Property Fund of Ukraine has sold a large number of state-owned companies at the Prozorro auctions. Most of these companies were unprofitable and were heavily subsidized using taxpayers’ funds. Th...

Tuesday, September 21

German President to visit Ukraine on Oct 6. The President of Germany, Frank-Walter Steinmeier, will visit Ukraine on October 6 at the invitation of Ukrainian President Volodymyr Zelensky (Interfax). Zelensky and Steinmeier will take part in an ...

The Chief Sanitary Doctor of Ukraine, Ihor Kuzin, announced that more than 98% of Ukrainians who were hospitalized with coronavirus over the last three months were not vaccinated. “According to the e-system of healthcare, over the last three months, almost everyone who ended up at hospital due to complications from Covid-19 in Ukraine has not been vaccinated yet. If you w...

The Cabinet of Ministers has decided to extend adaptive quarantine restrictions and the emergency situation regime until December 31, 2021. The decision on the extension of adaptive quarantine restrictions was approved at a government meeting on September 20 (Ukrinform). The current epidemic situation is under control and the healthcare s...

Editor’s note: Even with the illegal occupations in Crimea and eastern Ukraine, cross-border investors are illustrating their confidence in Ukraine. The emerging IT sector is booming, along with the agricultural sec...

Monday, September 20

President Zelensky to take part in 76th Session of United Nations General Assembly. He arrives in the U.S today. Apart from his address to the General Assembly, he will hold bilateral meetings, in particular with leaders of other states and representatives of international institutio...

Russian-Belarussian military exercise threatens Ukraine and others. The joint Russian-Belarusian combat training, known as Zapad, is held every four years. This year, in light of the most recent developments resulting in heightened tensions, Zapad-2021, carried out on...