Govt transfers 172 Glusco filling stations to management of Naftogaz

The Cabinet of Ministers is transferring 172 filling stations of the Glusco company to the management of NJSC Naftogaz Ukrainy, Prime Minister Denys Shmyhal has said. “Today, the government will adopt a document by which we transfer 172 Glusco filling stations to the management of the state company NJSC Naftogaz,” Shmyhal said at a government … Read more

European Commission approves plan to help Ukraine in export of grain

Some 20 million tonnes of grains must leave Ukraine in less than three months, using the EU infrastructure, European Commissioner for Transport Adina Vălean has said. On Thursday in Brussels, Vălean presented an action plan prepared by the European Commission aimed at helping Ukraine export its agrocultural products. This is about the use of optimal … Read more

Rada approves president’s decree on forced seizure of assets of Russia’s Sberbank, VEB.RF in Ukraine

On Thursday, the Verkhovna Rada approved by 334 votes a decree of President Volodymyr Zelensky dated May 11 on the forced seizure of assets of Russia’s Sberbank and VEB.RF in Ukraine, MPs report from a meeting room. According to MP Oleksiy Honcharenko, we are talking about the financial assets of the Ukrainian subsidiary of Sberbank … Read more

Ferrexpo is addressing technical procedural issue related to dividends paid in previous periods

Mining company Ferrexpo Plc with assets in Ukraine is addressing technical procedural issue related to the historic dividends of $288.966 million. In fiscal year 2021, Ferrexpo’s during the financial year 2021, the Board of Ferrexpo became aware of a technical issue in respect of the interim dividend of 39.6 US cents per Ordinary Share paid … Read more

NBU allows non-residents to transfer abroad govt bond repayments and coupons received after March 2023

Foreign investors are allowed to transfer abroad funds that will be received after April 1, 2023 in connection with the redemption or payment of income on the government domestic loan bonds of Ukraine in accordance with the terms of their placement. “The practical implementation of this rule will help increase the interest of non-residents in … Read more

Canada announces removal of all tariffs on Ukrainian goods for one year

Canada, following the UK and the EU, will remove all tariffs on imports of goods from Ukraine, Canadian Prime Minister Justin Trudeau announced after meeting with President Volodymyr Zelensky in Kyiv on Sunday. “By removing tariffs for a one year period, Canada would continue to support Ukraine’s economy by ensuring that Ukrainian goods are able … Read more

Ukraine, Canada to return to expansion of FTA Agreement, complete work on it in coming weeks – Economy Ministry

Ukraine and Canada will return to work on expanding the Free Trade Area (FTA) Agreement and complete work on it in the coming weeks, the Ministry of Economy announced following an online meeting between First Deputy Prime Minister of Economy Yulia Svyrydenko and Minister of International Trade, Export Promotion and Small Business Canada Mary Ng. … Read more

Ukraine, Poland agree on permit-free passage of fuel trucks

The Ministry of Infrastructure of Ukraine and the Ministry of Infrastructure and Development of Poland have agreed to cancel permits for all carriers engaged in international transportation of fuel, the press service of the Ministry of Infrastructure reported on Friday. “Russian missile strikes on oil refineries and oil depots have created a critical situation in … Read more