The Ukrainian market for new commercial vehicles (trucks and special-purpose vehicles) saw 1,068 vehicle sales in June, marking the best result in the past 17 months, according to auto industry association Ukravtoprom on July 04 Compared to June 2022, registrations in this segment of the auto market increased 2.5 times, reaching 12% growth compared to … Read more
Poland is exploring the creation of an experimental Ukraine border crossing to streamline freight truck passage, thanks to the combined efforts of Ukrainian and Polish border guards and customs officers. This was announced by Grzegorz Ostach, a board member of the Polish Investment and Trade Agency (PAIT), during a July 4 conference on the development … Read more
In June of this year, the general fund of Ukraine’s state budget earned 133.7 billion hryvnias, according to the press service of the Ministry of Finance, citing the data of the State Treasury. Ukraine managed to maintain macro-financial stability and attract significant amounts of international aid, which will positively impact the prospects of post-war recovery. … Read more
Multinational firm Unilever has been included in Ukraine’s list of international sponsors of war, the National Agency for Corruption Prevention (NACP) reported in a press release on July 3. The company, known as a global leader in the food and household chemicals market, owns over 400 brands including Domestos, Axe, Rexona, Dove, Calve, Rama, Brooke … Read more
Businesses have once again evaluated their current performance positively for the third consecutive month, as reported in the Business Activity Expectations Index by the National Bank of Ukraine (NBU) on July 3. In June, the business climate index remained above the neutral level of 50 points, rising to 50.8 compared to 50.5 in May. Positive … Read more
RegioJet, a private Czech railway company, has announced its intention to establish two direct train routes from Ukraine to Germany, the company’s founder, Radim Jančura, revealed during an interview with Forbes Ukraine on June 3. Scheduled to begin in 2024, the company plans to offer direct journeys from Kyiv to both Berlin and Hanover. “In … Read more
Starting Oct. 1, manufacturers and importers of non-food products in Ukraine will no longer be required to obtain a Conclusion of the State Sanitary and Epidemiological Examination, a permit document issued by the Ukrainian authorities. The removal of this permit was included in a new law on public health systems, No. 2573-IX. According to the … Read more
Ukraine’s Agency for the Prevention of Corruption has added the British corporation Unilever to the list of international sponsors of the war. The company owns more than 400 brands, including Domestos, Axe, Rexona, Dove, and CLEAR. The company’s enterprises still operate in Russia, where they pay taxes, contributing to the war against Ukraine. Unilever employs … Read more
The international vertically integrated pipe and wheel company Interpipe in January-March of this year increased its net profit 2.6 times compared to the same period last year, to $57.142 million from $21.779 million. According to the company’s interim report on operating and financial results for the first three months of 2023, pre-tax profit was $74.448 … Read more
JV Nibulon LLC (Mykolaiv), one of the largest operators in the grain market of Ukraine, has attracted EUR 27 million from the Export Investment Fund of Denmark (EIFO) to increase the capacity of the Besarabsky branch in Izmail, where a granary and a flour mill will be built, the company’s press service reported on Facebook. … Read more