DragonCapital

Monday, January 4

Ukraine’s minimum wage increased Friday by $35, $212 per month

Ukraine’s minimum wage increased Friday by $35, $212 per month Ukraine’s minimum wage increased Friday by $35, $212 per month. On Dec. 1, it increases to $230. With the minimum wage largely used to calculate pensions, Ukraine’s average monthly wage is $480.

Real wages were up 8% yoy in November

Real wages were up 8% yoy in November Real wages were up 8% yoy in November, reports the State Statistics Service. Nationally, the average nominal wage was $404. In Kyiv, the wage was 54% higher — $622. Nationwide, the biggest regio...

Despite the global economic recession, Ukraine’s trade deficit dropped in half last year

Despite the global economic recession, Ukraine’s trade deficit dropped in half last year Despite the global economic recession, Ukraine’s trade deficit dropped in half last year, from $10.22 billion to $4.9 billion in 2020, Taras Kachka, Ukraine’s Trade Representative, wrote on Facebook. ...

Despite a poor harvest, exports of the top three grains – corn, wheat and barley – were down only 2.3% yoy in dollar terms

Despite a poor harvest, exports of the top three grains – corn, wheat and barley – were down only 2.3% yoy in dollar terms Despite a poor harvest, exports of the top three grains – corn, wheat and barley – were down only 2.3% yoy in dollar terms, to $9.4 billion for 2020. “Due to the reduction in the harvest, physical exp...

With new US sanctions on Nord Stream 2 made final by Friday’s vote in the US Senate

With new US sanctions on Nord Stream 2 made final by Friday’s vote in the US Senate With new US sanctions on Nord Stream 2 made final by Friday’s vote in the US Senate, the Norwegian company, Det Norske Veritas (DNV) GL announced Saturday that it will not be able to certify the $11.6...

“ “Russia Pushes Ahead on Europe Gas Link Before U.S. Sanctions,” headlines a Bloomberg story posted Thursday, the day before the US Senate vote. With 150 km of the 1,230 km pipeline left to be laid, No...

“US imposes new sanctions to kill off Putin’s pet pipeline,”

“US imposes new sanctions to kill off Putin’s pet pipeline,” “US imposes new sanctions to kill off Putin’s pet pipeline,” headlines an Atlantic Council piece by Diane Francis, posted Saturday. “It means almost certain doom for Putin’s most important energy proj...

Russia cut its volume of gas pumped across Ukraine by 38% in 2020

Russia cut its volume of gas pumped across Ukraine by 38% in 2020 Russia cut its volume of gas pumped across Ukraine by 38% in 2020, compared to the previous year. Although Gazprom pumped 55.8 billion cubic meters through Ukraine’s east-west pipeline system, Russia’...

Friday, December 4

“All over the world, river transportation is the cheapest and most environmentally friendly way of delivering goods

“All over the world, river transportation is the cheapest and most environmentally friendly way of delivering goods “All over the world, river transportation is the cheapest and most environmentally friendly way of delivering goods,” Artem Kovalev, Rada member and chief author of the law, wrote on Facebook. “...

Renewal of the Dnipro is expected to revive two Soviet era economic activities: shipbuilding and river cruise tourism.

Renewal of the Dnipro is expected to revive two Soviet era economic activities: shipbuilding and river cruise tourism. Renewal of the Dnipro is expected to revive two Soviet era economic activities: shipbuilding and river cruise tourism. Due to global warming, the Dnipro’s ice-free shipping season seems to be expandin...

Ukraine wants to start free trade talks next year with a host of countries, led by its largest trading partner, China,

Ukraine wants to start free trade talks next year with a host of countries, led by its largest trading partner, China, Ukraine wants to start free trade talks next year with a host of countries, led by its largest trading partner, China, Taras Kachka, Ukraine’s Trade Representative, told Evropeiska Pravda. “Currently,...

Ukraine would like to reopen and liberalise the UK-Ukraine agreement that was signed two months ago

Ukraine would like to reopen and liberalise the UK-Ukraine agreement that was signed two months ago Ukraine would like to reopen and liberalise the UK-Ukraine agreement that was signed two months ago in London, a rushed deal designed to beat the December 31 Brexit deadline. Also on the list are coun...

Even without a UK-Ukraine trade pact renegotiation, Ukrainian food exporters are showing “great interest” in the expanded duty-free access to the British market

Even without a UK-Ukraine trade pact renegotiation, Ukrainian food exporters are showing “great interest” in the expanded duty-free access to the British market Even without a UK-Ukraine trade pact renegotiation, Ukrainian food exporters are showing “great interest” in the expanded duty-free access to the British market, Foreign Minister Dmitry Kuleba told In...

Helped by cheaper energy import prices, Ukraine’s trade deficit in goods is running at half the level of last year

Helped by cheaper energy import prices, Ukraine’s trade deficit in goods is running at half the level of last year Helped by cheaper energy import prices, Ukraine’s trade deficit in goods is running at half the level of last year, reported the State Customs Service. Through November, the trade deficit was $3.93 bi...

Dragon Capital has acquired Lviv Industrial Park located on a 23.5-hectare land plot on the M10 highway, 60 km east of the Polish border.

Dragon Capital has acquired Lviv Industrial Park located on a 23.5-hectare land plot on the M10 highway, 60 km east of the Polish border. Dragon Capital has acquired Lviv Industrial Park located on a 23.5-hectare land plot on the M10 highway, 60 km east of the Polish border. Five years ago, CTP, the largest developer and operator of war...

The ban on shopping during three weekends in November cost Ukrainian shopping malls about $250 million

The ban on shopping during three weekends in November cost Ukrainian shopping malls about $250 million The ban on shopping during three weekends in November cost Ukrainian shopping malls about $250 million, the Ukrainian Council of Shopping Centers told Interfax-Ukraine. The 30-40% drop in weekend sale...

“Business without Barriers” is a movement promoted by First Lady Olena Zelenska

“Business without Barriers” is a movement promoted by First Lady Olena Zelenska “Business without Barriers” is a movement promoted by First Lady Olena Zelenska to reduce the physical and psychological barriers that prevent people with disabilities from participating in the work f...

DTEK says that almost 3,000 of its 70,000 employees have disabilities

DTEK says that almost 3,000 of its 70,000 employees have disabilities DTEK says that almost 3,000 of its 70,000 employees have disabilities, “We are actively introducing the best services for our clients so that our services are as accessible as possible,” says DTEK CEO...

After 12 years of discussion, the Rada yesterday passed a river development bill designed to triple cargo carried on the Dnipro to 30 million tons by 2025.

After 12 years of discussion, the Rada yesterday passed a river development bill designed to triple cargo carried on the Dnipro to 30 million tons by 2025. After 12 years of discussion, the Rada yesterday passed a river development bill designed to triple cargo carried on the Dnipro to 30 million tons by 2025. Ships will pass free through river’s six loc...

A revitalised working river will generate an extra $500 million in economic activity

A revitalised working river will generate an extra $500 million in economic activity A revitalised working river will generate an extra $500 million in economic activity, Infrastructure Minister Vladyslav Krikliy said on his Telegram account. He added that for each 1 million tons of c...

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