Ukrainian Prime Minister Denys Shmyhal has said that Ukraine plans to join the EU Convention on Common Transit Procedure in the near future and is preparing to sign a road freight transport agreement with the European Union (EU). “We are planning… to join the Convention on a Common Transit Procedure in the near future. This … Read more
President of the Davos Economic Forum, Børge Brende, calls for implementing the “Marshall Plan” for Ukraine. He stated this to the German newspaper Süddeutsche Zeitung. “Even without the peace agreement, which is unlikely at the moment, we must start work on reconstruction, at least in the territories under Ukraine’s control. We need a Marshall Plan … Read more
NJSC Naftogaz Ukrainy and Clear Energy Group, as part of a joint project, launched a biogas power plant operating at a solid waste landfill in Velyki Hrybovychi in Lviv region on Saturday, the company said in a statement. “Development of low-carbon businesses is a strategic choice of Naftogaz. The biogas power plant constructed here will … Read more
The Senate of the US Congress, following the House of Representatives, passed Bill H.R.7691 on allocating additional appropriations to Ukraine–2022, which provides about $40 billion to respond to russia’s aggression against Ukraine. The vote in the upper house took place on Thursday. The document was supported by 86 lawmakers, and opposed by 11 senators. According … Read more
The Ukrainian IT company Uklon, the developer of the eponymous ride-hailing service, is launching an international franchise to accelerate the company’s scaling through global expansion into new markets. The franchise package includes access to the “franchise book” and modern Uklon software (Uklon Driver and Uklon Rider applications, flexible CRM models). In addition, the cooperation includes … Read more
The National Bank of Ukraine, in order to increase stability in the foreign exchange market, is thinking about returning the floating rate, NBU Governor Kyrylo Shevchenko said in an interview with The Asahi Shimbun. “I want to inform you that we are now considering the possibility of easing some currency restrictions. We are also thinking … Read more
Ukraine, with the help of Western partners, has managed to significantly increase fuel imports from EU countries, as a result, in May the country will receive 350,000 tonnes of fuel via completely new logistics routes, the Ministry of Economy has said on its website. “In March-April 2022, measures were introduced that made it possible to … Read more
The Cabinet of Ministers is transferring 172 filling stations of the Glusco company to the management of NJSC Naftogaz Ukrainy, Prime Minister Denys Shmyhal has said. “Today, the government will adopt a document by which we transfer 172 Glusco filling stations to the management of the state company NJSC Naftogaz,” Shmyhal said at a government … Read more
On Thursday, the Verkhovna Rada approved by 334 votes a decree of President Volodymyr Zelensky dated May 11 on the forced seizure of assets of Russia’s Sberbank and VEB.RF in Ukraine, MPs report from a meeting room. According to MP Oleksiy Honcharenko, we are talking about the financial assets of the Ukrainian subsidiary of Sberbank … Read more
Mining company Ferrexpo Plc with assets in Ukraine is addressing technical procedural issue related to the historic dividends of $288.966 million. In fiscal year 2021, Ferrexpo’s during the financial year 2021, the Board of Ferrexpo became aware of a technical issue in respect of the interim dividend of 39.6 US cents per Ordinary Share paid … Read more