Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna states that the agreement on an “industrial visa-free regime” with the European Union will not be concluded in 2022. She said this in an interview with Interfax-Ukraine. “No. I propose to return to this issue closer to the summer of 2022 when I … Read more
Ukrhydroenergo has put into operation the fourth hydro unit of the Dniester PSP with a capacity of 324 MW. The company’s press service reported this. The total installed capacity of the Dniester PSP reached 1,296 MW in generator mode and 1,684 MW in pumping mode. The plant will consist of seven hydraulic units with a … Read more
Trade between Ukraine and Poland in 2021 will exceed $10 billion for the first time ever, Ihor Baranetsky, head of the economic affairs department at the Ukrainian Embassy in Poland, has told Ukrinform. “Ukraine’s trade with Poland has not only reached pre-COVID levels, but will also have record levels. This year, bilateral trade in goods … Read more
Ukraine has harvested a record harvest in the history of independence and exceeded the previous forecast of 100 million tons. Minister of Agrarian Policy Roman Leshchenko announced this. “We are completing this year’s harvest of grain, legumes, and oilseeds with a record of more than 106 million tons. This is the absolute maximum in the … Read more
The Verkhovna Rada passed a draft law “On Amendments to the Tax Code to Stimulate the Development of the Digital Economy in Ukraine,” which regulates the tax conditions of the special legal regime, Diia City. 285 people’s deputies voted for the document. The document provides for introducing a special tax regime for the IT industry, … Read more
The Verkhovna Rada, Ukraine’s parliament, has passed Law No. 5065 “On Financial Services and Financial Companies.” Some 248 MPs voted for the document at a parliament meeting on Tuesday, December 14. “The current Law of Ukraine ‘On Financial Services and State Regulation of the Financial Services Market’ was adopted in 2001 and has not been … Read more
Ukraine and France have signed a contract for the construction of five ships for the Ukrainian State Border Guard Service, the Ukrainian Interior Ministry’s liaisons department has said. “France’s shipbuilding company OCEA and Ukraine’s NIBULON on November 30 signed a contract for the construction of five ships for the Ukrainian State Border Guard Service. Production … Read more
Nova Poshta uses robots at 20 facilities in the areas of cargo and small shipments, by the end of the year they will appear at 10 more sorting centers. The company’s press service reported this. Nova Poshta said that the company began to use different types of robots depending on the weight of the parcel. … Read more
Zaporizhzhia enterprise Motor Sich will build a composite passenger helicopter from European materials, designed for 8 people. Viacheslav Bohuslaiev, President of Motor Sich JSC, said this during the “Big Construction: Aviation and Tourism” forum held at Boryspil Airport. “We’ve built a line of 60 helicopters a year. We make 20. Should there be orders, we’ll … Read more
Industrial production in Ukraine resumed growth after September, growing by 2.2% year on year. This was reported by the State Statistics Service. In October, the seasonally adjusted index of industrial production was 101.9% compared to September, i.e. production increased by 1.9%. For 10 months of 2021, industrial production grew by 1.4% year on year. In … Read more