Ukraine: Kyiv open to business and investments

Kyiv is promising and open to business and investments, Mayor of Kyiv Vitali Klitschko said at the 10th International Trade Day conference in the German city of Aachen. “Today Kyiv, as never before, is prepared and open to cooperation. Kyiv is promising for investments,” Klitschko said. He noted that 60% of all foreign investments into…

Ukraine: corn production to increase in 2018

In 2018 the harvest volumes of corn in Ukraine will increase by 19.4% YoY, and total nearly 29.5 million tons, declared the First Deputy Minister of Agrarian Policy and Food of Ukraine, Maksym Martynyuk. According to him, in 2018-2019 MY the exports volumes will total 22 million tons. Also, Ukraine will increase the production of…

Ukraine: Russian banks challenging asset freeze

Banks with Russian capital in Ukraine have filed cassation complaints against the Kyiv Court of Appeal ruling to freeze their assets. The Civil Cassation Court of the Supreme Court received respective complaints on September 14. As reported, businessman Ihor Kolomoisky achieved the freeze on the assets of three Russian state-owned banks in Ukraine in order…

Ukraine: Kiev region begins sugar beet harvesting

In parallel with late cereals and legumes harvesting Kiev region has begun sugar beet harvesting. As of September 13 in Kiev region agrarians started late cereals, legumes and technical crops harvesting, Kyiv Regional State Administration reported on its Facebook page. That 36.9 thousand tons of sugar beet have been harvested with the average yield of…

Ukraine: inflation up in August 2018

Inflation in Ukraine in August in annual terms, compared to August 2017, was recorded at 9%, accelerating from 8.9% a month earlier. At the same time, prices did not increase against July after a negative trend at -0.7% July to June, the State Statistics Service reported. Compared to December 2017, prices increased by 3.6%. According…

Ukraine: Ukrzaliznytsia to sustain no losses from cessation of rail services with Russia

Ukrainian Infrastructure Minister Volodymyr Omelyan has said that PJSC Ukrzaliznytsia will not sustain financial losses in the event of termination of railway services with Russia. “These eight trains, which now run in the Russian direction, could have become a significant relief for Ukrainian citizens who want to travel inside the country. They would generate at…