The Ministry of Digital Transformation of Ukraine is launching a program for IT specialists – Diia Challenge, Deputy Prime Minister – Minister of Digital Transformation Mykhailo Fedorov said. “Today, according to the canons of the best product IT companies in the world, we are launching Diia Challenge. Now developers, designers can take part in challenges … Read more
The Ministry of Finance of Ukraine recently bought back approximately 10% of eurobonds maturing in September 2022, as a result of which their volume in circulation decreased to $912 million, the ministry said on Friday. “The Ministry of Finance of Ukraine has carried out several operations to repurchase VRIs, as a result … as of … Read more
The international rating agency Fitch Ratings has downgraded the outlook on Ukraine’s long-term foreign currency issuer default rating (IDR) from “positive” to “stable” and affirmed the IDR at “B” level. “Expectations for a longer period of escalation in tensions with Russia, heightened risk of conflict, tight financing terms, moderate capital outflows and weakening international reserves … Read more
Ukraine will begin construction of a plant for the production of Bayraktar military drones and equip them with Ukrainian-made engines. Defense Minister Oleksii Reznikov stated this at a briefing. “One of the examples of fulfilling this agreement will be the construction of the Bayraktar plant, which manufactures unmanned aerial vehicles. And which will be manufactured … Read more
Ukraine and Turkey have signed an agreement that will significantly expand the production of Bayraktar unmanned combat aerial vehicles in Ukraine, President Volodymyr Zelenskyy has said. He stated this at a joint press conference with Turkish President Recep Tayyip Erdogan in Kyiv on Thursday, February 3. “I am confident that our talks will lead to … Read more
Prime Minister of Ukraine Denys Shmyhal and Turkish Trade Minister Mehmet Mus signed an agreement on a free trade zone between the countries. The agreement was signed in Kyiv on Thursday in the presence of Ukrainian President Volodymyr Zelensky and Turkish President Recep Tayyip Erdogan following the results of negotiations between the parties. It is … Read more
The Antimonopoly Committee of Ukraine (AMCU) allowed First Ukrainian International Bank (FUIB, Kyiv) of Rinat Akhmetov to buy Idea Bank, owned by Polish-based Getin Holding S.A. The relevant decision was made by the state regulator at a meeting on February 3, the Antimonopoly Committee of Ukraine told Interfax-Ukraine. As reported, Getin Holding S.A. on November … Read more
Poland’s PGNiG has purchased a shipment of liquefied natural gas (LNG) from the United States for delivery to the Ukrainian border for ERU Europe, ERU Trading said in a press release on Tuesday. “The ship with American LNG will arrive at the President Lech Kaczyński LNG Terminal in Świnoujście at the end of February this … Read more
Ukraine has started importing physical gas from Hungary for the first time in its history, head of Gas Transmission System Operator of Ukraine (GTSOU) Serhiy Makogon said. “The Hungarian option has become the second after Slovakia guaranteed a route for gas shipments to Ukraine even when there is no transit. The opening of this route … Read more
Among 136 company executives surveyed by the European Business Association, some 45% of companies are ready to continue operating even in the event of a Russian military invasion of Ukraine, another 17% of companies consider the relocation to the western regions, some 10% think of leaving the country in the worst-case scenario, while 7% fear … Read more