As of December 9, Ukrainian farmers harvested 84.177 million tons of grains and pulses with the yield of 5.36 ton/ha throughout 98.6% of the area, informs the Ministry of Agrarian Policy and Food. Ukraine continues harvesting corn. Farmers harvested 40 million tons of corn with the yield of 7.47 ton/ha throughout 97.8% of the area.…
Minister of Foreign Affairs of Ukraine Dmytro Kuleba invited British business to actively invest in priority areas of the Ukrainian economy: IT, finance, agriculture, infrastructure and tourism. Kuleba made a corresponding statement during the opening of a business forum in London, dedicated to Ukraine’s investment opportunities. The event was attended by leading investment bankers, investment…
The National Bank expects that the inflow of foreign direct investment in Ukraine in 2021 will amount to $6.5 billion. “At year-end 2021, we expect that the inflow of foreign direct investment will total $6.5 billion, and the greater part of this amount arises, as the companies with foreign capital reinvest their income and profits…
Kyiv’s draft budget for 2022 lays down a revenue target of over UAH 69 billion (nearly $2.6 billion). That’s according to Kyiv Mayor Vitaliy Klitschko, who spoke at the opening today’s meeting of the Kyiv City Council. “Today we have an important meeting. We have to consider and approve the capital’s budget for next year…
Ukraine International Airlines (UIA) together with the Compass tour operator are preparing to start flights to the exotic resorts of the Dominican Republic (Punta Cana), Mexico (Cancun) and the Maldives (Male). The flights will start on the eve of the New Year holidays – from December 27. Given that the resumption of flights of Boeing…
Spanish low cost airline Vueling Airlines has launched Paris-Kyiv scheduled flights. “We are happy to welcome another airline to our aviation family – Vueling Airlines. As of today, 38 airlines fly on 118 routes to the Boryspil Airport, thus indicating the rapid resumption of passenger traffic and proving the fact that our strategy to attract…
In the third quarter of 2021, state-owned banks sealed a profit of UAH 11.6 billion (nearly $424.4 million), up by 7.6% QoQ. Of the total profit, 82.9% (UAH 9.6 billion, or $351.2 million) is that of PrivatBank. In the third quarter, banks continued to expand lending services. Compared to July 1, the loan portfolio of…