The National Bank of Ukraine (NBU) has revoked two licenses of Credit Union “Shans-Plus” on the basis of its own application, the central bank’s press service reports. “This decision was approved by the Committee for Supervision and Regulation of Nonbank Financial Services Market on July 14. Thus, two credit union’s licenses on providing financial services…
JSC Ukrzaliznytsia has already received funds from the July placement of Eurobonds, the press service of the Ministry of Infrastructure reports. “Following meetings with investors and pricing, JSC Ukrzaliznytsia attracted financing in the amount of $300 million by issuing 5-year bonds. The funds are already on the company’s accounts,” reads the report. The ministry reminded…
The Verkhovna Rada of Ukraine has adopted as a basis and in its entirety a bill ratifying the financial agreement “Ukraine Recovery Programme” between Ukraine and the European Investment Bank (EIB) on a EUR 340-million loan, Minister of Communities and Territories Development of Ukraine Oleksiy Chernyshov has said. “Ukraine Recovery Programme is a continuation of…
From June 2020 to June 2021, only millet prices decreased among grocery products in Ukraine – by 15.6%, to UAH 17.69 per kg, the State Statistics Service reported. Since June 2020, buckwheat has risen in price by 13.7%, to UAH 42.01 per kg on average; rice by 15.5%, to UAH 27.23 per kg, semolina –…
From June 2020 to June 2021, beer, wine, vodka and cigarettes in Ukraine grew in price, according to the State Statistics Service. Over the reporting period, the average price of domestic beer grew by 5.7% (up to UAH 18.59 per 0.5 liter); table wine – by 3.2% (up UAH to 69.24 per 0.75 liter) and…
The Ukrainian energy sector needs to be reformed, Prime Minister Denys Shmyhal has said in his speech at the Ukrainian Energy Forum. “Ukraine’s energy sector needs to be reformed, so we must work together to make, develop and implement the best model for effective changes in Ukraine’s energy sector. In recent years, decarbonization, environmental impact…
The investment attractiveness index of Ukraine has improved from 2.4 to 2.84 since the beginning of the current year. Such findings of a latest study conducted by the European Business Association (EBA) were presented during an expert discussion of the current state of Ukraine’s investment climate, the press service of the Ministry of Economy reported.…