The presidential decree “On additional measures for the intensification and expansion of activities of free economic zones” dated October 26, 2016 serves as an important guide to action in creating a more favorable investment climate, expanding privileges and preferences. A single legal regime for free economic zones, unification of tax and customs privileges and preferences,…
Naftogazvydobuvannya operated by DTEK Naftogaz has commenced drilling a new well at Semirenkivske gas and condensate field. The project will employ new engineering solutions and environmental approaches. The 5,628 m deep well will be slanted, yet the company is going to drill, explore and test it in just 160 days. Naftogazvydobuvannya will use a retrofitted…
Money supply in Ukraine in December 2016 increased by 5.4%, to UAH 1.102 trillion, according to preliminary monetary statistics data, posted on the website of the National Bank of Ukraine (NBU). In addition, the amount of cash last month grew by UAH 25.7 billion (8.9%), to UAH 315.175 billion. The annual rise was 11.5%. According…
The private enterprise Viktor & K (“Korolivsky Smak” brand) is planning to launch a soybean crushing plant in autumn. The new plant will create some 1,000 jobs. In addition, the construction of purification works and a fully computerized product storage terminal is drawing to an end. About 2,000 persons are currently employed at the enterprise.…
In December 2016 the official unemployment rose by 0.2% to 1.5%, the State Statistics Service has said this in a statement. As of January 1, 2017 the State Employment Service registered 390,800 unemployed people. A total of 337,900 unemployed were registered at the State Employment Service as of December 1, 2016. The number of unemployed,…
Production of passenger cars in Ukraine in 2016, according to preliminary data from the Ukrautoprom association, decreased by 23.2% YoY, to 4,340 units. The result of the year in the passenger segment was formed by two manufacturers: PJSC Eurocar and Zaporizhia Automobile Building Plant (ZAZ). At the same time, Eurocar increased production of Skoda cars…
The Domostroenie branch of the Shklov-based newsprint mill will build and ship more than 70 frame-panel houses to France in 2017 or twice as much as in 2016, representatives of the company reported. The negotiations with French real estate development companies started several years ago. The first orders for building 37 stick-frame houses were signed…