Ukraine: SkyUp gets right to perform flights

The new Ukrainian low-cost airline SkyUp Airlines has received an air operator certificate that gives it the right to perform flights, the company’s press service has reported. During the first stage, SkyUp will use two 189-seat Boeing 737-800s produced in 2013 that had previously been used by Malaysia Airlines. Now these aircraft are being repainted…

Ukraine: Aslund hailing economic growth

Atlantic Council analyst Anders Aslund has welcomed data on economic growth in Ukraine published by the State Statistics Service of Ukraine on May 15, according to the Ukrainian service of the Voice of America. “Ukraine: finally some good economic news. Gross domestic product rose a preliminary 3.1% YoY in Q1 after growing only 2.2% in…

Ukraine: palm oil use to be banned

The Verkhovna Rada, Ukraine’s parliament, has adopted at the first reading a bill introducing amendments to some laws of Ukraine regarding the ban on the use of palm oil in food production. A total of 233 MPs voted for the approval of the respective draft law, No. 3871, at the first reading. “The purpose of…

Ukraine: Ryanair in talks with five airports

Irish low-cost airline Ryanair is holding talks with five Ukrainian cities about opening new flights, Ryanair CEO Michael O’Leary said. “We are currently negotiating with five other Ukrainian cities. Maybe we will open our flights there next summer. I think that we will develop in Ukraine very aggressively and quickly increase the pace of our…

Ukraine: sugar exports down in April 2018

In April Ukrainian producers delivered 41,800 tons of sugar to foreign markets, down by 12% MoM (47,200 tons in March), the press service of the Ukrtsukor National Association of Sugar Producers of Ukraine reported. “Although the pace of shipments slightly decreased, the geography of exports has not changed. Most shipments were made to Uzbekistan –…

Ukraine: energy sector to be demonopolized

The energy sector of Ukraine should be transparent, demonopolized and competitive. “We could have become a completely energy-independent country in previous ten years, but this did not happen. Now we have set a course for energy independence, energy saving and production of our own Ukrainian gas, which will be enough for us to meet the…

Ukraine: Deposit Guarantee Fund continues payments to depositors of Bank National Investments

The Deposit Guarantee Fund has resumed payments to the depositors of PJSC Bank National Investments, the fund’s press service reports. “From May 2 the Deposit Guarantee Fund is carrying out payments to the depositors of PJSC Bank National Investments under bank deposit agreements, regardless of their date of termination, and under bank account agreements (including…

Ukraine: upgraded combat module Duplet successfully tested

Ukraine’s state-owned enterprise Zhytomyr Armored Plant has upgraded the combat module “Duplet”, which is intended for the modernization of armored vehicles, and it has passed successful tests, Ukrainian President Petro Poroshenko has reported on his Facebook page. He also noted that Zhytomyr Armored Plant had significantly increased the characteristics of the combat module and equipped…