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
Ukraine’s draft state budget for 2022 envisages economic growth of 3.8%, inflation at 6.2% and an average annual exchange rate of UAH 28.6 per U.S. dollar, Finance Minister Serhii Marchenko has said. He said this at a government meeting on Wednesday, September 15, presenting the country’s draft state budget for 2022, according to an Ukrinform … 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
Ukraine’s international reserves increased to $31.6 billion dollars as of September 1, thus reaching a nine-year high, the press service of the National Bank of Ukraine (NBU) has reported. “As of September 1, 2021, Ukraine’s international reserves, according to tentative data, amounted to $31.615 billion,” the statement said. This is a record amount of reserves … Read more
The Verkhovna Rada passed the law №3637 “On Virtual Assets.” The document was supported in the second reading by 276 people’s deputies. “The purpose of the Law is to comprehensively regulate the relations arising from the creation, release, and circulation of virtual assets, in particular, concluding and executing transactions with them, as well as ensuring … Read more
The Verkhovna Rada, Ukraine’s parliament, has adopted amendments to the law “On Industrial Parks” aimed at attracting investment in the industrial sector of the economy by introducing incentives in industrial parks. According to an Ukrinform correspondent, 290 MPs voted for a respective bill, No. 4416-1, at its second reading. According to the explanatory note, the … Read more
Prime Minister of Ukraine Denys Shmyhal and Prime Minister of Moldova Natalia Gavrilița signed a Protocol between the Cabinet of Ministers of Ukraine and the Government of Republic of Moldova on amendments to the Free Trade Agreement (FTA). They signed the document during a meeting in Chisinau on August 28, the Government portal reports. According … Read more
President Volodymyr Zelenskyy wants to involve the French consulting company, Aerogestion, in creating a Ukrainian national air carrier; they want to create an airline by the end of the year. The Office of the President reported this following a meeting between Zelenskyy and Aerogestion Director Marc Roche. The meeting was also attended by Prime Minister … Read more
Reform of the coal industry and the gradual abandonment of thermal generation are important factors contributing to decarbonization and climate neutrality. This was stated by Minister of Energy of Ukraine German Galushchenko who had a meeting with British Ambassador to Ukraine Melinda Simmons, Ukrinform reports with reference to the ministry’s press service. “Decarbonisation is one … Read more
The Ukrainian Startup Fund has already financed almost 200 projects to the tune of $5 million. “In the course of its operation, the Ukrainian Startup Fund, which is subordinated to the Ministry of Finance, has received more than 3,000 applications. Following the selection and evaluation by relevant experts, almost 200 startups were funded to the … Read more