Dragon Capital Investments Limited, a member of the Dragon Capital group of companies, has acquired Eco Tower, a 17,000 sq m business centre in the city of Zaporizhia. The company acquired the business centre from Conwert Group (Austria), the buyer said in a statement on its website. The deal value is not disclosed. “I am … Read more
The National Bank of Ukraine (NBU) has worsened expectations as of the growth of the Ukrainian economy in 2019 and predicts a slowdown to 2.5%, according to the central bank’s website. “In 2019, real GDP growth will slow to 2.5% (2.9% in the previous forecast), due to the waning effects of higher social standards, the … Read more
The National Bank of Ukraine (NBU) has decided to raise the refinancing rate by 0.5 percentage points (p.p.), to 17.5% from July 13, 2018, to bring inflation to the target range in 2019. A decision resolution on the key policy rate was approved by the NBU Board on July 12, 2018, the central bank said … Read more
Ukraine’s Verkhovna Rada adopted on Tuesday draft law No. 6049-d in the second reading and in general to resolve the issue of collective ownership of land, improving land use rules and stimulating irrigation. Some 236 lawmakers voted for the bill, 11 more than the required minimum of 226 votes. The bill introduces the concept of … Read more
Ukraine’s Verkhovna Rada on Tuesday adopted in the second reading and in general draft law No. 5448-d on principles and requirements for organic production, circulation and labeling of organic products. Some 237 lawmakers voted in favor, 11 more than the required minimum of 226 votes. The bill proposes a penalty for the sale of products … Read more
Ukraine Power Resources and Yuzhne Energy intend to build wind power plants with an installed capacity of 120 and 72 megawatts in the Lymansky district of Odesa region, the press service of the Ukrainian Wind Energy Association (UWEA) has said, following the signing of a memorandum between these companies and Odesa Regional State Administration. According … Read more
The U.S. Department of Commerce has expended the Agreement Suspending the Antidumping Duty Investigation on Certain Oil Country Tubular Goods from Ukraine signed in July 2014 with Interpipe Group for one more year. “The amendment to the Agreement extends the Agreement for one additional year, specifying that the Agreement shall terminate four years after the … Read more
Ukrainian President Petro Poroshenko has signed and intends to register a bill on exit capital tax in the Verkhovna Rada in the near future. “This should not be the business of the president. This should be the business of our united team. Then we will win just as we won during the voting on the … Read more
Minister of Social Policy Andriy Reva has said that more than 3.2 million Ukrainian citizens are employed abroad on a permanent basis. “More than 3.2 million Ukrainian citizens work abroad on a regular basis,” Reva said at the launch of the project to improve the management of the labor market dubbed “Inclusive labor market for … Read more
The U.S. Department of Commerce from June 12. 2018 terminated the antidumping duty imposed on ammonium nitrate originated from Ukraine, the press service of the Agricultural Policy and Food Ministry of Ukraine has reported. “After the review of the antidumping duties in five years after their introduction, the U.S. Department of Commerce decided to terminate … Read more