Economy Ministry intends to register ten new geographic brands in 2021

The Ministry of Economic Development, Trade and Agriculture intends to register ten new geographical brands (geographical indications) in 2021, Deputy Minister Oleksandr Romanyshyn said. “We are planning another ten geographic names for next year – these are Kherson Watermelons and Carpathian Honey. This creates preconditions for the development of tourism where these geographic names are … Read more

Ukreximbank redeems its eurobonds for $300 mln

The state-owned Ukreximbank (Kyiv) on November 10 redeemed its eurobonds maturing in 2022 for $84.047 million (at par) and maturing in 2025 for $215.948 million from available funds, the bank’s press service said. “Ukreximbank for the first time among Ukrainian issuers of eurobonds carried out a proactive operation of managing obligations without the simultaneous placement … Read more

Ukraine may announce tender for 5G frequencies in Oct 2021 – govt

The Cabinet of Ministers intends to approve an action plan for the implementation of 5G mobile communication system in Ukraine, which provides for the announcement of a tender for the issuance of licenses for the use of radio frequency (RF) spectrum for 5G in October 2021. According to the action plan for the implementation of … Read more

S&P still classifies Ukrainian banking sector as group 10 according to BICRA level

The international rating agency Standard & Poor’s Global Ratings continues to classify the Ukrainian banking sector as Group 10 in terms of the level of industry and country risks (Banking Industry Country Risk Assessment – BICRA), S&P said in a statement on Tuesday. According to it, the level of economic risk in the Ukrainian banking … Read more

Bolt Food delivery service launches in Ukraine

On October 29, 2020, Bolt has launched the Bolt Food delivery service in Kyiv, as reports Taras Potichny, Bolt Country Manager in Ukraine, on his Facebook Page. According to the company, Bolt Food already has over 150 partner restaurants. Bolt Food has free delivery at the time of launch. However, the press service of the … Read more

Ukraine and China agreed on a space cooperation program for more than $70 million

Ukraine and China have signed a five-year program of space cooperation. The press service of the State Space Agency of Ukraine reports. “The meeting resulted in signing a program of Ukrainian-Chinese space cooperation for 2021-2025, which comprises 69 joint projects for more than $70 million,” the statement said. On October 2, a meeting of the … Read more

Six Ukrainian highways become private

Ukraine plans to launch the first pilot projects of public-private partnerships in the highway sector, conceding six roads. Ekonomichna Pravda reports. The first they offer to implement by the DPP: The private investor will undertake to upgrade and develop the existing road, and the Road Fund will allocate funds to support the investor, provided that … Read more