Ukraine and Hungary have agreed to open the Velyka Palad-Nagyhódos checkpoint for passenger transport, the press service of the Ministry of Development of Communities, Territories and Infrastructure (Ministry of Reconstruction) said on Monday. In addition, the countries agreed on the possibility of movement of empty trucks weighing more than 7.5 tonnes at the Luzhanka-Beregsurány border … Read more
Hungarian banking group OTP Bank, which was once added to Kyiv’s international sponsors of war list, expressed interest in buying Ukraine’s state-owned Sense Bank, Ukrainska Pravda media outlet reported on Feb. 12, citing unnamed sources familiar with acquisition talks. The report comes several weeks after Ukraine’s Deputy Finance Minister Yurii Drahanchuk said that foreign investors … Read more
Kyiv has lodged lawsuits with the World Trade Organization (WTO) against Poland, Slovakia, and Hungary after the three countries introduced unilateral bans on imports of Ukrainian agricultural produce, Ukraine’s Economy Ministry said on Sept. 18. Economy Minister Yulia Svyrydenko stated that it is fundamentally important for Ukraine to prove that individual EU countries cannot ban … Read more
Hungary plans to implement a full national ban on Ukrainian grain imports in cooperation with Romania and Slovakia if the EU doesn’t extend the existing ban set to expire on Sep. 15, according to Hungary’s Minister of Agriculture, István Nagy, on Sep. 13. “We have agreed with my Romanian, Slovak and Bulgarian colleagues that if … Read more
Slovakia will temporarily suspend grain imports from Ukraine, following Poland and Hungary, according to Slovak Prime Minister Eduard Heger’s Facebook post on April 17. Heger said that an ad hoc group would convene to discuss the issue and report their findings at a later date. Poland banned grain imports from Ukraine on April 15, but expressed a willingness … Read more
Hungary has temporarily banned the import of grains, oilseeds, and some other agricultural products from Ukraine, Hungarian news outlet 24.hu reported on April 15, citing Hungarian agricultural minister Istvan Nagy. “The government is committed to representing the interests of the Hungarian farming community, which is why, in the absence of meaningful EU measures, like Poland, it temporarily prohibits … Read more
Ukraine has started importing physical gas from Hungary for the first time in its history, head of Gas Transmission System Operator of Ukraine (GTSOU) Serhiy Makogon said. “The Hungarian option has become the second after Slovakia guaranteed a route for gas shipments to Ukraine even when there is no transit. The opening of this route … Read more
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