President Petro Poroshenko has stated that lawyers of oligarch Ihor Kolomoisky will not be able to return PrivatBank to its former owners. “Lawyers of Kolomoisky are working on the denationalization of PrivatBank to return it to its former owners. This may cause a crisis of the banking system. The nationalization of PrivatBank was one of…
In Ukraine, business needs macroeconomic stability, the rule of law, the eradication of corruption and the protection of investments and property, President of the American Chamber of Commerce in Ukraine Andy Hunder said at a meeting with business representatives, held with the participation of President Petro Poroshenko. “Business wants to see economic stability. Reforms should…
A tunnel between the two cities would make Tallinn a “suburb” of Helsinki, which would substantially add to Finns’ interest in the local real estate market, CEO of developer Ober Haus, Tarmo Kase, said on April 15. Kase said that Tallinn would become attractive as a place of residence for Finns. Real estate market prices…
Azerbaijani producer of alcoholic beverages, Naiqin-K Tovuz-Baltiya LLC, intends to export the products to China in the second half of 2019, the company reported. “On average, one consignment of the products intended for export reaches 20 tons of alcoholic beverages,” the company said. “The biggest volume of export accounts for the markets of Russia, Ukraine…
Uzbekistan and Kazakhstan are planning to increase the volume of mutual trade to $4 billion. Nowadays, Kazakhstan and Uzbekistan carry out joint projects and cooperation programs in such areas as mechanical engineering, electrical engineering, food industry, tourism, transport and logistics. Recently, the volume of trade between the two countries has grown at a high rate.…
The volume of remittances through digital services and PrivatBank offices in 2018 grew by 25% YoY, to $2.6 billion. Over 60% of remittances were received exclusively via digital services, according to the bank’s press service. Referring to the statistics of the National Bank of Ukraine on $5.67 billion of money transfers through official channels, PrivatBank…
In March, the price of vodka, wine and beer of Ukrainian origin rose by an average of 8.6-12.5% YoY, according to data provided by the State Statistics Service of Ukraine. Thus, in March, the price of a bottle of vodka amounted to UAH 91.21 per 0.5 liter on average, up by 11.9%. A bottle of…