MotorSIchnotforChina

Tuesday, February 2

Ukraine deficit in foreign trade in goods and services plummeted by 86%

Ukraine deficit in foreign trade in goods and services plummeted by 86% Ukraine deficit in foreign trade in goods and services plummeted by 86%, to $1.7 billion last year, down from $12.1 billion in 2019, reports the National Bank of Ukraine. Ukraine’s deficit of foreign ...

“Ukraine’s economy also is recovering faster than anticipated,”

“Ukraine’s economy also is recovering faster than anticipated,” “Ukraine’s economy also is recovering faster than anticipated,” according to official notes of the January 20 meeting of the central bank’s Monetary Policy Committee. The 10-member committee predicted...

Firefly Aerospace Inc, a US rocket and space company, with deep Ukrainian roots, plans to

Firefly Aerospace Inc, a US rocket and space company, with deep Ukrainian roots, plans to Firefly Aerospace Inc, a US rocket and space company, with deep Ukrainian roots, plans to raise $350 million to scale up production and work on a medium-class launch vehicle, Space News reports from W...

President Zelenskiy flatly rules out allowing Chinese companies to buy Motor Sich,

President Zelenskiy flatly rules out allowing Chinese companies to buy Motor Sich, President Zelenskiy flatly rules out allowing Chinese companies to buy Motor Sich, Ukraine’s giant aircraft engine manufacturer. “We do not have the right to sell a controlling stake in the management...

Hungary has confirmed that it will loan €50 million to Ukravtodor to rebuild two bridges over the river border with Ukraine

Hungary has confirmed that it will loan €50 million to Ukravtodor to rebuild two bridges over the river border with Ukraine Hungary has confirmed that it will loan €50 million to Ukravtodor to rebuild two bridges over the river border with Ukraine and a 10 km stretch of highway to better connect Hungarian and Ukrainian hig...

About 50 km upriver, to the west, Hungarian money will finance a rebuilding of the road bridge over the Tisa at Chop,

About 50 km upriver, to the west, Hungarian money will finance a rebuilding of the road bridge over the Tisa at Chop, About 50 km upriver, to the west, Hungarian money will finance a rebuilding of the road bridge over the Tisa at Chop, currently the busiest crossing point. Hungary first offered the loan to Ukraine’s ...

Private international construction companies will be invited to participate shortly in tenders to rebuild and maintain six highway segments in Ukraine

Private international construction companies will be invited to participate shortly in tenders to rebuild and maintain six highway segments in Ukraine Private international construction companies will be invited to participate shortly in tenders to rebuild and maintain six highway segments in Ukraine, the Infrastructure Ministry reports. These first...

The highways will not have tolls

The highways will not have tolls The highways will not have tolls. The state will gradually repay private road companies for the work and maintenance through 20- or 30-year contracts. The forecast amount of total investment is around...

Lemtrans, Ukraine’s largest freight wagon operator, increased its cargo last year by 23% yoy

Lemtrans, Ukraine’s largest freight wagon operator, increased its cargo last year by 23% yoy Lemtrans, Ukraine’s largest freight wagon operator, increased its cargo last year by 23% yoy, Vladimir Mezentsev, the company’s general director, tells Interfax-Ukraine. With world iron prices jumping...

With Russia easing its maritime restrictions of Ukraine’s Sea of Azov ports, Mariupol increased its grain exports by 20% yoy, to 623,000 tons.

With Russia easing its maritime restrictions of Ukraine’s Sea of Azov ports, Mariupol increased its grain exports by 20% yoy, to 623,000 tons. With Russia easing its maritime restrictions of Ukraine’s Sea of Azov ports, Mariupol increased its grain exports by 20% yoy, to 623,000 tons. This year, tonnage could hit 1 million tons, if a new gra...

A second IKEA store in Kyiv will open this fall with the opening of Ocean Mall

A second IKEA store in Kyiv will open this fall with the opening of Ocean Mall A second IKEA store in Kyiv will open this fall with the opening of Ocean Mall, developer Vagiv Aliyev said yesterday on the occasion of the opening the Ukraine’s first IKEA in his Blockbuster Mall. D...

As work starts this month on a 3-year, $57 million rebuilding of Vinnytsia airport and runway

As work starts this month on a 3-year, $57 million rebuilding of Vinnytsia airport and runway As work starts this month on a 3-year, $57 million rebuilding of Vinnytsia airport and runway, designers expect it will become a major airport for central Ukraine, handling 500,000 passengers a year, ...

To draw factories to Vinnytsia’s 35-hectare

To draw factories to Vinnytsia’s 35-hectare To draw factories to Vinnytsia’s 35-hectare Industrial Park, the park managers are offering free electricity hookups. This is made possible by Kness Group, a Vinnytsia-based company that is investing ...

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