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Monday, September 20

Ukraine-US to hold joint military training. They will start joint military exercises in western Ukraine this week, the Ukrainian General Staff announced within days of the Russian-Belarusian Zapad 2021 military exercise, Reuters reported. The m...

Russia violates international law by including voters in the Russian elections from occupied Ukrainian territories. Ukrainian officials have slammed Russia for extending voting to the Russian State Duma on 17-19 September to Crimea, occupied by Moscow in 2014, and areas it has occupied in Ukraine’s Donbas, Euronews...

National security committee recommends parliament pass law on oligarchs, reports ukrinform. The Verkhovna Rada Committee on National Security, Defense, and Intelligence has recommended that Parliament adopt at second reading the bill “On Prevention of Threats to Nati...

Ukrainian-Danish cooperation under Danida Business Finance program discussed. Deputy Prime Minister, Minister for Reintegration of Temporarily Occupied Territories Oleksii Reznikov met with Danish Ambassador Ole Egberg Mikkelsen to discuss this. Several priority areas have been...

Ukrposhta experiments with new modern mailboxes. It has installed the first ones in its Kyiv branches as part of a pilot project, its CEO Ihor Smilyansky says.

Ryanair is preparing a significant expansion in Ukraine. After Ukraine signs the open skies agreement with the EU. Expected by the end of 20121, the Irish low-cost carrier Ryanair plans to significantly expand its operations in Ukraine. This was reported by...

Editor’s Note: President Zelensky has flown to the U.S. again, this time to present Ukraine’s case before the international community at the UN General Assembly, and no doubt to follow up on meetings he’s had in rec...

Friday, September 17

Foreign Affairs Minister Dmytro Kuleba has confirmed that Ukraine and the United States are discussing the delivery of the Iron Dome mobile all-weather air defense system the Ukrainian News Agency reports. The U.S. Department of Defense must submit a report to Congress, which will include options for the potential sale or transfer ...

The Cabinet of Ministers proposes the Verkhovna Rada to establish a subsistence minimum of UAH 2,393 ($89) from January 1, 2022, and a minimum wage of UAH 6,500 ($240) reported ukranews.com. It is envisaged that in 2022 the subsistence minimum wage from January 1 will be UAH 2,393 ($89), from July 1 – UAH 2,508 ($93), and from December 1 – UAH 2,589 ($96).

Production of the tractors, mounted and trailed mowers in Ukraine decreased 83.3% over 2017-2020 – from 3,590 to 600 items, while their imports (excluding imports from China) tripled – from 1,430 to 4,240 items. This trend threatens to oust domestically produced equipment from the Ukrainian marke...

Anti-dumping duties on cement imports damaging Ukrainian producers. Uriadovyi Kurier announced that the Interdepartmental Commission on International Trade introduced anti-dumping duties of 32.64-50.54% on cement imports from Turkey for five years. Turkish imports thr...

Best Water Technology (BWT, Austria), investing €5 mln in Ukraine. Partnering with Ecosoft (Irpin, Kyiv region), BWT will invest up to € 5 million in the development of the infrastructure for bottling purified water in Ukraine. Andriy Mitchenko, the CEO and co-owner ...

Yesterday a judicial reform meeting was held at the President’s Office. Sources in the Council of Judges told Interfax-Ukraine that President of Ukraine Volodymyr Zelensky said “I will not allow the blocking of the main reform of the country, which I promised to the...

Ukraine plans to launch production of mRNA vaccines Commenting on the local production of vaccines by Lekhim Company in Kharkiv, the Health Minister said that the Ministry has reached agreements on the location of the production of other vaccines in Uk...

Editor’s note: Ukrainian politicians spend far too much time and energy discussing Nord Stream-2. The threat and damages both to the country and economy and so on. As politicians, they need to realize the fact that ...

Thursday, September 16

Draft Budget 2022 expenditures: Census, Action and IT: almost ₴ 8 billion digital expenditures; ₴ 124.1 billion for the development of road infrastructure in Ukraine; ₴ 8 billion for agriculture; ₴ 7.5 billion provided for the devel...

NBU and the World Bank Framework Program of Cooperation for 2022–2025 have been discussed by Kyrylo Shevchenko and the World Bank Vice President, Anna Bjerde. During the meetings they have identified areas in which the World Bank can support reforms to the Ukrainian eco...

Gas prices rose daily on European markets close to the start of the heating season. Gas prices in Europe are breaking new records every day. Since Monday, the gas prices increased from $750 to $950 per thousand cubic meters according to ICE.

Ukraine’s exports grow by more than 33% in Jan-July 2021 compared to the same period in 2020, Ukraine’s imports of goods increased by 28.6% to $37.24 billion, exports – by 33.4% to $35.51 billion, according to the State Statistics Service. In January-July 2021, foreign trade operations w...

The share of the IT industry in the Ukrainian economy is 4% of GDP. The government wants to focus on this industry and significantly increase revenues. According to the results of 10 years, the percentage increased in the IT industry, to 4.9% in 2020 and to 5.6% in th...

The EBRD launched the Climate Innovation Vouchers Programm as an innovative instrument to allow Ukrainian companies, from climate technology developers to those who seek to use them to reduce their impact on the environment or reduce energy costs, to finance ...

Ukraine Prolongs Vaccination Certificate Validity From 180 To 365 Days. The Cabinet of Ministers of Ukraine has extended the validity of green COVID certificates from 180 to 365 days.

Editor’s note: As Ukraine’s IT sector expands at a high speed becoming one of the most profitable sectors of the economy, Zelensky understands the importance of creating the right environment for business. Today mos...

Wednesday, September 15

IMF tranche and macro-financial assistance from the EU by the end of the year. This week an IMF mission will arrive in Ukraine to assess Ukraine’s progress in implementing the Memorandum with the Fund under the Stand-By Arrangement. “Ukraine has fulfilled all the con...

Important reforms seeking to attract investment and enhance the development of the country. The Ukrainian Government is pursuing several reforms designed to ensure the development of the state, as well as to increase investment said Prime Minister Denys Shmyhal at the press conference. The i...

Zelensky gathers G7 ambassadors and judges over judicial reform block. The President of Ukraine, Volodymyr Zelensky, is convening a meeting with the participation of the Chairman of the Council of Judges, the Chairman of the Supreme Court, representatives of the Verhovna...

The American Chamber of Commerce in Ukraine does not support the adoption of the amendments proposed by the draft Law No. 5600 “On Amendments to the Tax Code of Ukraine and Certain Legislative Acts of Ukraine Concerning Balancing Budget Revenues”, said Andy Hunder, President of the American Chamber of Commerce in ...

PM Shmygal endorses dual citizenship in Ukraine. Millions of people of Ukrainian origin live abroad, many of them would love to get dual citizenship, the Prime Minister says. “I’ll share my personal view with you. Dual citizenship is a s...

Ukraine may allow timber export by late 2021. Adoption of the law on the timber market, allowing the export of unprocessed timber and sawn timber from Ukraine, is forecasted until the end of this year, its entry into force does not pose significa...

Germans want to hire Ukrainian Truck drivers. The German Federal Association for Truck Transport, Logistics and Waste Management (BGL) want to hire Ukrainian truck drivers. The organization seeks to avoid a repetition of the situation in the UK i...

Ryanair resumes Bydgoszcz-Kyiv flights. The Irish low-cost airline Ryanair will resume flights from the Polish city of Bydgoszcz to Kyiv’s Boryspil Airport in late October. Starting from October 31 the flights will be operated every W...

Editor’s note: The Ukrainian Government is working hard to attract cross border investors by providing investing nannies and promising a supportive business environment with the rule of law. However, the country has...

Tuesday, September 14

During her visit, Anna Bjerde will focus on Ukraine’s key challenge is to achieve sustained economic growth lasting over an extended period. Whilst the Ukrainian Government has successfully identified “growth points” – the priority sectors (technological production, energy security, the safety of life, transport and infrastruct...

Minister for Strategic Industries of Ukraine, Oleh Uruskyi, met with Ambassador Extraordinary and Plenipotentiary of the Slovak Republic to Ukraine Mr. Marek Shafin . The main topic of conversation were the issues of bilateral cooperation, and the forthcoming visit of the Vice Prime Minister of Ukraine to Bratislava to participate in the International Aviation Fo...

Belarus will buy more than $ 1 billion dollars of military hardware from Russia, said the self-proclaimed President Alexander Lukashenko. The main purchase will include weapons to be placed near the border between Belarus and Ukraine, reported Ukrainska Pravda. In addition to this, Belarus will also have Russian S-400 anti-aircraft miss...

McDonald’s intends to open new restaurants. McDonald’s Ukraine Development Director, Vitaliy Stefurak said, “New restaurants will be opened in Kropyvnytsky, Chernivtsi, and Uzhgorod. Our restaurants are now located in all the region...

The Ukrainian pharmaceutical company Lekhim plans to launch phase one of its plant in Uzbekistan in 2023 to produce ampoule. Speaking to Interfax-Ukraine, the Chairman of the Supervisory Board of the Lekhim Group, Valeriy Pechaev said, “In 2020, we created the Lekhim enterprise in Tashkent to sell domestic medicines a...

Editor’s note: During a visit to Kyiv, World Bank Vice President Anna Bjerde raised a critical issue that Ukraine faces today, the importance of human capital. Since 2003, the population of Ukraine has decreased by ...

Monday, September 13

A decision on Ukraine’s admission to the European Union depends to a great extent on the political will of its members, rather than the country’s progress in implementing reforms alone said Dmytro Kuleba. “We have to admit a simple fact that the EU m...

COVID showed international unity so far exists on Facebook only said Volodymyr Zelenskyy “The world can overcome COVID-19, but we do not get herd immunity, as everything is decided at the individual level. The world speaks about unity for the sake of solving the i...

Prime Minister announces the possibility of accepting 5 000 Afghan refugees as reported in 112.international. The Prime Minister noted that when the crisis began Ukraine took the lead in helping and evacuating the citizens of Ukraine, as well as citizens of other partner coun...

Bilateral trade and economic cooperation with Sri Lanka. Deputy Minister and Trade Representative of Ukraine, Taras Kachka, discussed with State Minister of Regional Cooperation of Sri Lanka, Tharaka Balasuriya, the possibility of strengthening trade and ec...

Poland simplifies entrance for Ukrainians. The term of 10-day quarantine is reduced in case of a negative test for Covid-19 Poland now includes Ukrainian citizens, who are allowed to enter the territory of the country, including tourism the In...

SkyUp announces winter flights to Poprad and Sofia. Autumn has just begun, and true fans of ski slopes are already planning winter trips. For everyone who wants to ride on fresh snow of the Tatras or Vitoshe, SkyUp Airlines announces flights to Poprad ...

The OpenDoorUkraine.NL Foundation will hold a hybrid conference in The Hague this Tuesday, September 14, 2021, on the theme: UKRAINE’S PLACE IN EUROPE: Achievements and Challenges after 30 years of Independence. The conference, held in cooperation with the Embassy...

Editor’s Note: Ukraine Business news is looking for new sponsor partnerships. UBN can put your company in front of an international business audience. With over 5,000 subscribers and 30,000 readers who span across 2...

Friday, September 10

Regulation of e-commerce reform envisages identifying online sellers. The Ministry of Economy has prepared a bill on the identification of Internet sellers. Entrepreneurs making e-sales will be required to post information about themselves as a business entity and a lis...

The US appoints veteran diplomat to oversee Ukraine policy. Robin Dunnigan, the former Deputy Assistant Secretary for Energy Diplomacy in the State Department’s Bureau of Energy Resources, has been appointed to oversee Central and Eastern European policy...

Ukraine and Kenya agree to intensify bilateral relations. A Kenyan delegation has been visiting Ukraine. “We have all the prerequisites to strive for more: to strengthen political dialogue, increase trade, and fulfill tourism potential,” Foreign Minist...

Ukrainian and Kazakh PMs discuss bilateral trade and investment cooperation. Prime Minister Shmyhal reported this on September 8 on Twitter without providing details.