Ukraine’s GDP 2.1% up in 2017 – NBU’s data

The National Bank of Ukraine (NBU) has estimated growth of real gross domestic product (GDP) of Ukraine in 2017 at 2.1%. “The negative impact from stopping trade with government uncontrolled territories for real GDP in 2017 was lower than expected at the beginning of the year – 0.9 percentage points compared with 1.3 percentage points … Read more

Got approve resolution on transfer of land outside towns to ownership of communities

The Cabinet of Ministers of Ukraine has approved a resolution on the transfer of land outside towns to ownership of merged communities. The document was passed at a government meeting on Wednesday. “The stocktaking of state-owned land that is to be transferred to the merged territorial communities will start tomorrow and last until the end … Read more

Dragon Capital plans to strengthen control over Chumak

Dragon Capital investment company plans through Chumak LLC (Kyiv) to acquire control over PrJSC Chumak (Kakhovka, Kherson region), which it owns since 2008 together with the Swedish investment company East Capital. According to information posted on the website of the AMC, the committee could allow Dragon Capital to acquire a stake in the charter capital … Read more

Ukrtransnafta, Kremenchuk oil refinery sign amicable agreement for stored pipeline oil

Public joint-stock company Ukrtransnafta and public joint-stock company Ukrtatnafta (Kremenchuk oil refinery) have signed an amicable agreement for stored pipeline oil. The document was approved by the business court of Kyiv on January 25 and published in the unified register of court rulings. According to the agreement, Kremenchuk oil refinery will return 140,200 tonnes of … Read more

Ukraine posts 27% rise in gas imports from EU in 2017

Ukraine boosted gas imports from European countries by 27% or 3 billion cubic meters (bcm) in 2017, to 14.1 bcm, the press service of national joint-stock company Naftogaz Ukrainy has reported. “The important result of the year was the increase in the volumes and the share of imports by private traders and gas consumers. Last … Read more

Ukrzaliznytsia together with Maersk and TIS open regular route for container train

The joint project of PJSC Ukrzaliznytsia represented by the branch Lisky, Maersk Line and TIS LLC (Odesa region) – a container train that runs from the Kyiv-Lisky station to the Chornomorska station (TIS) at Yuzhny port – was launched on January 31. According to an Interfax-Ukraine correspondent, Ukrzaliznytsia Acting Chairman Yevhen Kravtsov, State Secretary of … Read more

Ukraine removes Estonia, Latvia, Georgia, Malta, Hungary from list of countries risky for transfer pricing

The Cabinet of Ministers of Ukraine has removed Estonia, Latvia, Georgia, Malta and Hungary from the list of countries transactions with residents of which are supervised by Ukraine for transfer pricing purposes after protests of Estonia and Latvia. Ukrainian Finance Minister Oleksandr Danyliuk said that the decision made in December to place the countries to … Read more

Three largest mobile operators pay almost UAH 2.5 bln at 4G tender for 2,600 MHz range

The top three largest mobile communications operators Kyivstar, Vodafone-Ukraine and lifecell paid UAH 2.456 billion for 80 MHz in the 2,600 MHz frequency rate for the right to develop 4G communications standard. An Interfax-Ukraine correspondent has reported that lifecell bought two lots for 30 MHz for UAH 909.25 million, Kyivstart bought three lots for 30 … Read more