NBU allows non-residents to transfer abroad govt bond repayments and coupons received after March 2023

Foreign investors are allowed to transfer abroad funds that will be received after April 1, 2023 in connection with the redemption or payment of income on the government domestic loan bonds of Ukraine in accordance with the terms of their placement. “The practical implementation of this rule will help increase the interest of non-residents in … Read more

Ukraine, Canada to return to expansion of FTA Agreement, complete work on it in coming weeks – Economy Ministry

Ukraine and Canada will return to work on expanding the Free Trade Area (FTA) Agreement and complete work on it in the coming weeks, the Ministry of Economy announced following an online meeting between First Deputy Prime Minister of Economy Yulia Svyrydenko and Minister of International Trade, Export Promotion and Small Business Canada Mary Ng. … Read more

Ukraine, Poland agree on permit-free passage of fuel trucks

The Ministry of Infrastructure of Ukraine and the Ministry of Infrastructure and Development of Poland have agreed to cancel permits for all carriers engaged in international transportation of fuel, the press service of the Ministry of Infrastructure reported on Friday. “Russian missile strikes on oil refineries and oil depots have created a critical situation in … Read more

Darnitsa launches production of drugs against radiation

Darnitsa pharmaceutical company (Kyiv), within the framework of cooperation with the Ministry of Health of Ukraine and the National Security and Defense Council, has registered and produced the drug Potassium Iodide-125-Darnitsa, designed to protect people from radiation, Dmytro Shymkiv, the chairman of the board of directors of Darnitsa Group, wrote about this on Facebook. He … Read more

Ukraine reduces steel production by 46%, halves scrap procurement for four months of 2022

Metallurgical enterprises of Ukraine in January-April this year reduced steel production by 45.9% compared to the same period last year – to 3.858 million tonnes. According to the recent information of the Ukrainian Association of Secondary Metals (UAVtormet), in April, only one steel plant produced steel. “Insignificant volumes of steel production were shown by some … Read more

Seaports of Berdiansk, Mariupol, Skadovsk and Kherson closed until control restored

The Ministry of Infrastructure of Ukraine has adopted Order No. 470/37806 dated April 29, 2022, on the closure of certain seaports in connection with a full-scale war that the Russian Federation has unleashed and is waging against Ukraine in violation of international law. According to the order, from the day of its official publication, the … Read more

Henkel resumes production in Ukraine at two plants

Henkel, an international company headquartered in Dusseldorf, Germany, has announced the resumption of two of its four factories in Ukraine. According to a press release, the decision to resume production of the international company Henkel in Ukraine is made by the local leadership of Henkel Ukraine, based on the current military-operational situation. The plant in … Read more

Manufacturers of electric harnesses for French Nexans cars in Ukraine return from 85% to 100% capacity

The manufacturer of electric harnesses for cars of the French company Nexans (Elektrokontakt Ukraine LLC, Lviv region), which during the first quarter of 2022 maintained its capacity at 85% at its three production sites, returned to 100% capacity, according to Nexans’ financial report. “During the first quarter, our priority was the safety of the teams … Read more