The Ministry of Economic Development, Trade and Agriculture of Ukraine has launched a portal with the public cadastre map where the results of processing remote land sensing data will be collected. “The land monitoring system will allow you to see online what is happening with land use and land ownership, how it changes, where taxes … Read more
Ukrainian and foreign airlines in January-October 2019 serviced 290,331 flights in the airspace of Ukraine, which is 12.2% more than a year ago, the press service of the Ukrainian State Air Traffic Services Enterprise (UkSATSE) has reported. According to the enterprise’s statistics, Ukrainian airlines serviced 95,210 flights, including 195,121 flights by foreign ones. Both indicators … Read more
The World Bank has improved the forecast for Ukraine’s GDP growth in 2019 from 3.4% to 3.6%, World Bank Senior Economist Anastasia Golovach has said. “For 2019, we do not expect any surprises and we think that Ukraine’s GDP will grow by 3.6%. A good indicator, but external risks, in some way, are increasing for … Read more
DTEK energy holding jointly with Danish Vestas, the global leader in manufacturing of wind turbines, has completed building Orlivska wind farm with a capacity of 100 MW (Azov seacoast in Zaporizhia region). “We have completed one of our strategic goals – we have reached 1 GW of green generation capacity by investing more than EUR … Read more
The Verkhovna Rada has eliminated inconsistencies with the European norms of the law on the separation of natural gas transportation activities from Naftogaz Ukrainy. Some 292 MPs voted for the relevant decision on November 15, of whom 235 were parliamentarians from the Servant of the People faction, 18 from European Solidarity, and 19 from Holos … Read more
The Verkhovna Rada at first reading adopted presidential bill No. 2300 on the abolition of state monopoly in alcohol production from January 1, 2020. Some 293 MPs voted for the relevant bill. The parliamentarians also supported the decision to halve the term of preparation of the bill for second reading. As reported, the parliamentary committee … Read more
The growth of Ukraine’s gross domestic product (GDP) in July-September 2019 amounted to 4.2% compared to the same period in 2018, while in the second quarter the growth rate was higher and amounted to 4.6%, in the first quarter it amounted to 2.5%. Such an assessment was released by the State Statistics Service. The agency … Read more
The State Property Fund of Ukraine (SPF) plans to privatize at least five state-owned enterprises in 2020, SPF Head Dmytro Sennychenko has said. “We plan to privatize at least five large enterprises,” he said during a meeting at the SPF with the participation of Prime Minister Oleksiy Honcharuk. According to the head of the fund, … Read more
Nova Poshta has become a partner of the Ukrainian online retailer Rozetka for delivery to Moldova, the company’s press service has said. “In September 2019, the Moldovan website of the Rozetka online store was launched in a test mode, through which residents can buy goods and order their delivery home. Delivery abroad is carried out … Read more
Interpipe has filed a lawsuit against the European Commission to the European Court because of changes in the methodology of calculating antidumping duties on the supply of seamless pipes to EU countries, as a result of which final duties were not sufficiently reduced after the review. Denys Morozov, the director for finance and economics at … Read more