TAS Group intends to buy the pharmacy business of the Kosmo retail chain by the end of the first quarter of 2019. According to a press release from TAS Group, AtlasAdvisors investment company acted as a financial adviser to Kosmo shareholders on the sale of the pharmacy business. Andriy Didenko was invited to introduce new … Read more
The World Bank has completed the first part of a pilot project of satellite monitoring of agricultural land in Lviv, Kyiv, and Mykolaiv regions, the press service of the U.S. company EOS, which implemented this project, has said. “The project was launched in May 2018 as part of the five-year World Bank program to improve … Read more
The National Bank (NBU) could in the near future reduce the rate of mandatory sale of foreign currency earnings for exporters from 50% to 30% or cancel it completely, Deputy Governor of the NBU Oleg Churiy has said. “If we carry out another wave of currency liberalization in the near future, we will remove or … Read more
Eight Ukrainians startups are representing Ukraine at one of the world’s largest consumer electronics exhibition Consumer Electronics Show (CES) in 2019, which is taking place in Las Vegas, Nevada, the press service of the Ukrainian embassy in the United States has said. “Ukraine is represented by its own technology stage Ukraine Tech Pavilion at one … Read more
The National Bank of Ukraine (NBU) has approved and published regulations that are the basis for a new liberal currency regulation system provided for by the law on currency and foreign exchange transactions. According to the NBU’s website, the new currency regulation system consists of eight main decrees of the NBU, which replaced the previous … Read more
The Verkhovna Rada has approved bill No. 9355-5 on extending the moratorium on the sale of agricultural land until January 1, 2020. Some 231 people’s deputies voted for the document. As reported, the bill was supported by the parliamentary committee on agrarian policy and land relations. The draft law, in particular, stipulates that the Cabinet … Read more
The National Bank of Ukraine on December 18 made a decision to terminate the banking license of Kyiv’s VTB Bank, a subsidiary of the eponymous Russian lender, the press service of the Individuals’ Deposit Guarantee Fund has told Interfax-Ukraine. “The Deposit Guarantee Fund made the corresponding decision based on the National Bank decision yesterday [on … Read more
Ukraine’s Verkhovna Rada on Thursday passed at second reading bill No. 8450 on information about food for consumers, regulating the rules of food labeling and introducing fines for giving untrue information on labels. A total of 231 lawmakers backed the document. “The main purpose of the bill is to ensure that consumers are properly informed … Read more
The entry of citizens of the Russian Federation between the ages of 16 to 60 is restricted to Ukraine for the time of martial law. The measures were introduced after Ukraine implemented martial law earlier this week in response to an incident in which Russian forces opened fire on three Ukrainian naval ships off the coast of … Read more
Jysk Ukraine LLC (Kyiv), developing the JYSK furniture and household goods store chain belonged to Jysk Group (Denmark), will open a new store in Khmelnytsky, expanding its chain in Ukraine to 46 stores. The company said in a press release that the store with an area of 1,043 square meters will be opened on December … Read more