The National Bank of Ukraine (NBU) has worsened its forecasts for the migration of Ukrainians: if in April of this year it expected an outflow of 200,000 this year and an inflow of 400,000 next year, now it estimates the outflow this year at 400,000, and next year at 300,000. “This assumption has been worsened … Read more
The shadow fuel market in Ukraine has nearly halved since the Russian invasion began, Serhiy Kuyun, director of the A-95 Consulting Group, reported during a briefing at the Media Center Ukraine. “This contraction has resulted from unforeseen factors—not from the actions of tax authorities, law enforcement, or regulatory changes, but rather from the destruction of … Read more
More than 228,000 vehicles have been imported into Ukraine in the first seven months of 2024, marking a 14.2% increase compared to the same period last year, according to the Ministry of Internal Affairs. The data was reported by the Opendatabot platform on Aug 2. Used cars dominated the import market, making up 71% of … Read more
The Government of Ukraine has approved the fundamental agreements of Ukraine with a special committee of owners of its eurobonds in the amount of about $23 billion, which provide for a write-off of 37% of the debt with the possibility of restoring 12% if a certain level of GDP is reached in 2028. Corresponding resolution … Read more
Ukraine will fulfill the terms of restructuring the 2022 GDP warrants and make payments to their holders, according to the Cabinet of Ministers’ resolution No 712 dated July 31, which has been published on the government portal. “The Ministry of Finance will carry out expenditures on state derivative payments […] within the budgetary assignments under … Read more
Bosnia and Herzegovina opened its market for imports of Ukrainian mechanically deboned poultry meat products, the press service of the State Service of Ukraine on Food Safety and Consumer Protection said. “It is critical to support Ukrainian exporters during the war, to create new opportunities for them, because this is support for the economy of … Read more
Nova Poshta LLC increased its standalone net income in the first half of 2024 by 20.1%, to UAH 20.12 billion, however, the company’s net profit decreased by 38.1%, to UAH 1.49 billion. According to the data of unconsolidated reporting, published in the information disclosure system of the National Securities and Stock Market Commission on Wednesday, … Read more
The property belonging to former president of Motor Sich Viacheslav Bohuslayev and his business partner, director of the representative office in the Russian Federation Petr Kononenko, has been transferred to the management of the State Property Fund (SPF) of Ukraine. “In accordance with the decision of the High Anti-Corruption Court [HACC], sanctions have been applied … Read more
The Cabinet of Ministers of Ukraine, if necessary, can temporarily suspend payments on external public debt until October 1, 2024; the corresponding law No. 3880-IX was signed by Ukrainian President Volodymyr Zelenskyy. As reported on the website of the Verkhovna Rada, the law adopted on July 18 (passed by parliament under No. 11396) was sent … Read more
Ukraine has the production capacity to produce more than 3 million drones a year, but requires financing from foreign partners, Deputy Strategic Industries Minister Hanna Hvozdiar said on July 30. Drones have been a key tool in Ukraine’s defense against Russia’s war. Ukraine officially presented its Unmanned Systems Forces in June, after President Volodymyr Zelensky … Read more