The European Union plans to launch a € 6.5 billion investment package for Ukraine as part of an economic investment program. A high-ranking EU official announced this on the eve of the EU-Ukraine Summit, which will be held on October 12 in Kyiv, ZN.UA reports. According to the official, the summit will provide an opportunity … Read more
Ukraine Pavilion opened at Expo 2020 Dubai, which is the largest exhibition event and brings together more than 190 countries, international organizations, and the world’s largest innovation campaigns. “For the first time, Ukraine has built its own pavilion to participate in the World Expo, which is the largest exhibition event of its kind, to find … Read more
In the presence of the President of Ukraine Volodymyr Zelenskyy, a Memorandum of Cooperation was signed between the Ministry of Defense of Ukraine and Bayraktar Savunma on the construction and installation of a joint training and testing center for maintenance, repair, modernization of UAVs and training of personnel related to unmanned aerial vehicles and Bayraktar … Read more
In January-August 2021, Ukraine produced 14.48 million tonnes of pig iron, taking the tenth place in the world ranking of pig iron producers, Ukrinform reports with reference to the Ukrmetalurgprom Association. According to Worldsteel, 981.96 million tonnes of pig iron was produced in January-August 2021, which is 5.3% more than in the same period last … Read more
An oil well 2,825 meters deep was drilled in the Sarata district of the Odesa region. The work lasted about two months, now the well is undergoing testing. This was announced at the Odesa Offshore Conference 2021 by the chief geologist of a private company, “Ukrnaftoinvest” research and production concern Myron Firman, Radio Svoboda reports. … Read more
The leading aviation companies of Ukraine and Turkey – Motor Sich and Baykar Makina – have signed a cooperation agreement. The signing ceremony took place during the Teknofest Aerospace and Technology Festival in Istanbul on September 24, according to Ukrinform. “Today is an important moment for our companies – Bayraktar and Motor Sich. As you … Read more
Net profit of Ukrainian banks for the first eight months of 2021 reached UAH 45.6 billion, which is better than the results recorded in the corresponding periods in the past ten years. Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko wrote on this Facebook page. “We have a convincing financial result of the … Read more
The President of Ukraine Volodymyr Zelenskyy signed the Law “On Amendments to Certain Legislative Acts of Ukraine Concerning the Stimulation of Farming Activities” № 1788-IX, which was adopted by the Verkhovna Rada on September 24, 2021. The Office of the President reported this. According to the explanatory note, farms and private farms together produce about … Read more
The new Ukrainian low-cost carrier, Bees Airline, has announced that a regular flight between Kyiv and Odesa will open on October 14. This is stated on the airline’s Facebook page. Also, the air carrier revealed some route points: departure from Kyiv, the Igor Sikorsky “Kyiv” airport (Zhuliany); tickets will cost 640 UAH, flights will take … Read more
JSC Ukrzaliznytsia, Ukrainian railways, carried 9.1 million passengers in June-August 2021, which is 130% of the figures recorded last summer and 70% of those figures in the summer of 2019. Rubryka reports this with a reference to the company’s press service. It is noted that 7.4 million passengers were transported in night trains, 1.1 million … Read more