Ukraine, EU extend agreement on affordable roaming for another year

Ukrainian and European mobile and fixed-line operators have extended the validity of the Joint Statement for another year, according to which Ukrainians abroad and Europeans in Ukraine can use affordable roaming services. This was reported by the National Commission for state regulation of electronic communications, radio frequency spectrum and provision of postal services. “Over the … Read more

Ukraine increases output of rolled products by 32%, steel by 37% in Jan-June 2024

Ukrainian metallurgical enterprises in January-June 2024 increased the production of general rolled products, according to operational data, by 32.2% year-over-year, to 3.140 million tonnes from 2.374 million tonnes. According to information from Ukrmetallurgprom association, published on Monday evening, steel production increased by 37% by January-June 2023, to 3.874 million tonnes, and pig iron production increased … Read more

Labor shortages drive up wages in Ukraine, central bank says

Ukrainian companies are forced to offer higher wages as they are faced with increasing labor shortages, according to a report by the National Bank of Ukraine (NBU) published on July 4. Over 6 million Ukrainians left or were forced out of their home country after the outbreak of Russia’s full-scale war, according to UNHCR. The … Read more

Romania intends to increase transit of Ukrainian grain along Danube corridor

Romania will continue its efforts to increase the volume of Ukrainian grain passing through the Danube Corridor by increasing transport capacity and upgrading infrastructure, Romanian Foreign Minister Luminița Odobescu said. As Odobescu said at a joint press conference with Moldovan and Ukrainian colleagues following the results of the trilateral meeting in Chisinau on Friday, the … Read more

Ukraine can create new stock exchange with participation of state banks and intl finance institutions

Ukrainian authorities are considering the possibility of creating a new stock exchange to ensure the continued uninterrupted functioning of the secondary market for government bonds, since the largest and oldest stock exchange in the country, PFTS, is insufficiently capitalized, and its owner has confirmed that he would not inject new capital, say the materials of … Read more

Ukrzaliznytsia launches container, piggyback trains to German port of Duisberg

Ukrzaliznytsia plans to launch regular container and piggyback trains between Ukraine and the largest inland river port in Europe, Duisburg (Germany), the company’s press service announced. A corresponding memorandum has been signed with Duisburger Hafen Aktiengesellschaft, the owner and operator of the port, according to Ukrzaliznytsia’s statement on Telegram on Tuesday. Thanks to cooperation with … Read more

KFC opens 60th restaurant in Ukraine

The KFC fast food restaurant chain opened its 60th anniversary restaurant in Ukraine in Hostomel, Kyiv region, the chain’s press service said. A restaurant from KFC Drive opened in the restored shopping center at 1 Hostomelska Street. The KFC brand, owned by the U.S. company Yum! Brands, represented on the Ukrainian market since 2013. In … Read more