The International Monetary Fund (IMF) supports the decision of the National Bank of Ukraine (NBU) from October 3 to move from the hryvnia fixed exchange rate regime to its managed flexibility regime and believes that this will further support the economic stability and the foreign exchange market, deputy head of the IMF mission in Ukraine … Read more
The International Monetary Fund (IMF) continues to expect the restructuring of its external commercial debt, mainly represented by eurobond debt, and sees its role in developing the macro framework that such restructuring should comply with, said IMF Mission Chief for Ukraine Gavin Gray. In general terms, the goal should be to implement restructuring that is … Read more
Kyiv-based online Projector Institute has announced its expansion into the Polish market. The company plans to actively develop the local community, host offline events with partners, and launch workshops and training programs for the end of 2023. Projector will launch its products on October 17 in Warsaw with the first panel discussion among top specialists from … Read more
Meest China, part of the postal and logistics group of companies Meest, six months after Russia’s full-scale invasion of Ukraine, returned to the pre-war level and is strengthening its position, Meest China shareholder Viacheslav Lysenko said in an interview with Interfax-Ukraine. He explained that this was partly facilitated by the enthusiasm with which the employees … Read more
Lithuania has agreed on a corridor for the transit of Ukrainian grain to Baltic ports, Lithuanian Foreign Minister Gabrielius Landsbergis said. “Russia destroys food, Lithuania delivers it. A corridor for grain transit to Baltic ports has been accepted and agreed, relieving pressure at the Ukrainian border and increasing supply to Africa and beyond. Cooperation gives … Read more
The Meest postal and logistics group intends to found its own air transport company a year after the end of the war, Meest China shareholder Viacheslav Lysenko said in an interview with Interfax-Ukraine. “An international aviation logistics group is very serious. We need to prepare for this now, and this is exactly what we are … Read more
Three largest oil and gas companies from China are included in the list of international sponsors of the war, the website of the National Agency on Corruption Prevention (NACP) reported on Tuesday. “The three largest Chinese oil and gas companies continue to implement joint projects in Russia and finance Russia’s strategic industry by paying their … Read more
An important task for the National Bank of Ukraine (NBU) remains reducing the spread between the dollar exchange rate on the cash market and the official rate, and therefore the central bank is ready to use additional tools if necessary, said Deputy Governor of the National Bank Serhiy Nikolaychuk at a press briefing on Monday. … Read more
Banks, which until today could buy and sell currency at the request of clients only within the official rate of the National Bank of Ukraine +/-1%, from October 3 can independently set it without this limitation. The corresponding norm is enshrined in resolution No. 121 of the NBU board of October 2 on the transition … Read more
The OKKO group of companies, as part of business diversification, began buying industrial solar power plants and plans to build Energy storage with a total capacity of 40 MW, its CEO Vasyl Danyliak said. “We buy ready-made solar stations from the market. We have already bought one, three more are in the process. We are buying at … Read more