Standard & Poor’s Global Ratings (S&P) has affirmed its ‘B’ long-term issuer credit rating on the Metinvest mining and smelting group (Metinvest B.V. – the Netherlands) and changed the outlook from negative to stable. According to the agency’s press release, it affirmed its ‘B’ rating on Metinvest after revising upward its base case following encouraging … Read more
The Board of the National Bank of Ukraine (NBU) has retained the refinancing rate at 6%, the central bank said on Thursday. “The Board of the NBU has decided to keep the refinancing rate unchanged at 6% per annum. On the one hand, it will keep prices from growing under conditions of economic recovery in … Read more
Foreign IT specialists in Ukraine from Tuesday, July 21, can apply for an immigration permit, the Ministry of Digital Transformation has reported. According to the ministry’s message on Facebook, foreign specialists who already live in Ukraine must submit their documents to a territorial division of the State Migration Service at the place of their registration. … Read more
The Verkhovna Rada has adopted bill No. 3658 on amendments to certain laws of Ukraine concerning improving the conditions for supporting the production of electricity from alternative energy sources. The corresponding decision was made at an extraordinary session of the parliament on Tuesday, July 21. Some 288 people’s deputies voted for the adoption of the … Read more
The Verkhovna Rada of Ukraine has extended the moratorium on the collection of property on foreign currency loans. According to a correspondent of Interfax-Ukraine bill No. 3640 was supported by 349 MPs. The head of the committee on finance, tax and customs policy said that the current moratorium will end in October 2020. Earlier, the … Read more
The Cabinet of Ministers of Ukraine decided to ban the import of wagons of residents and the railway administration of the Russian Federation into Ukraine at a meeting on Wednesday, Verkhovna Rada deputy Oleksiy Honcharenko (the European Solidarity faction) said on his Telegram channel. According to the document released by him, in particular, the import … Read more
Spotify, a digital music service, is available in Ukraine since July 15. The service is available for free or by Premium subscription, allowing listening to music with no ad interruptions. Besides Ukraine, Spotify launched in 12 new markets across Europe, including Moldova, Kazakhstan, Belarus, Russia, Albania, Bosnia and Herzegovina, Croatia, Kosovo, Montenegro, Serbia, Slovenia, and … Read more
President of Ukraine Volodymyr Zelensky has signed law No. 719-IX on measures to pay off debts on the wholesale electricity market, which was adopted by the Verkhovna Rada on June 17. “The law is aimed at full repayment of debts on the wholesale electricity market,” the Office of the President said in a statement on … Read more
The memorandum of intent for the joint use of the passive and active infrastructure of their mobile networks has been signed by the mobile communications operators Kyivstar and Vodafone Ukraine. According to a joint press release of the companies issued on Thursday, sharing telecommunications infrastructure will enable the parties to accelerate the deployment of 4G … Read more
The international rating agency S&P Global Ratings has placed the “B-” rating of DTEK Renewables with a negative outlook on CreditWatch for a possible downgrade due to a deterioration in the company’s liquidity against the background of a low level of settlements under feed-in tariffs. “We are therefore placing our ‘B-‘ rating on DTEK Renewables … Read more