Sixty-three percent of domestic startups are focused on the market of the entire Ukraine, 24% – on the local market, and 12% of newly created companies – on the foreign market. Such data from research by the Polish-Ukrainian Startup Bridge program on the Ukrainian startup industry were announced by Yaroslav Khariy, the program’s partner in … Read more
The European Investment Bank (EIB) will provide a $120 million loan to the Epicenter K group of companies for the development of agricultural infrastructure in Ukraine, the press service of the group reported. According to its data, the corresponding nine-year loan agreement was signed on December 22, 2021. The loan funds will be directed to … Read more
President of Ukraine Volodymyr Zelensky and President of the Republic of Azerbaijan Ilham Aliyev have signed a joint declaration which sets out the position of the two countries on many issues and challenges. As an Ukrinform correspondent reports, the signing ceremony of a number of bilateral documents took place in Kyiv. “We signed a joint … Read more
Deteriorating expectations of market participants regarding a possible Russian attack on Ukraine led to a new fall in Ukrainian eurobond quotes on Friday by 2.5-3.6% (depending on the maturity). According to Bloomberg quotes, the price of the shortest maturing notes this year lost 2.8%, as a result of which the rate on them jumped from … Read more
In 2021, Ukraine–Azerbaijan trade turnover hit a record high of almost $1 billion for the first time over the past seven years. “Despite the pandemic, the trade turnover hit a record high of almost $1 billion for the first time over the past seven years,” President of Ukraine Volodymyr Zelensky said at a joint press … Read more
The hryvnia exchange rate on the interbank FX currency market weakened to UAH 28.005/$1 on Friday from UAH 27.860/$1 on the previous business day, dealers of commercial banks has told Interfax-Ukraine. According to them, the quotes of the national currency at the close of trading amounted to UAH 27.995-UAH 28.015/$1. According to the data of … Read more
On January 12, the Cabinet of Ministers of Ukraine added premium wheat flour and pasta (vermicelli) exclusively of domestic production to the list of foodstuffs with a maximum 10% retail margin, follows from the text of the resolution on the government website. According to the resolution, the current list of products with a limited maximum … Read more
JSC Ukrgazvydobuvannia in 2021 put into operation 50 new wells against 41 wells in 2020, the press service of the company said. According to it, 11 of them are wells with a flow rate of over 100,000 cubic meters of gas per day and three wells with a flow rate of over 250,000 cubic meters … Read more
Ukraine’s international reserves in 2021 grew by 6%, or $1.8 billion, the National Bank of Ukraine has said. “According to preliminary data, Ukraine’s international reserves amounted to $30.941 billion as of January 1, 2022. In 2021, they increased by $1.8 billion or 6%. International reserves have increased as Ukraine received external financing and the National … Read more
Bilateral trade between China and Ukraine reached a record $15.76 billion from January to October 2021, or a third more than in the same period of 2020. Chinese Ambassador to Ukraine Fan Xianrong said this in an article for Ukrinform on the 30th anniversary of the establishment of diplomatic relations between China and Ukraine. The diplomat noted … Read more