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…
The Ministry of Energy of Ukraine states that the second phase of cooperation with the Eastern Europe Energy Efficiency and Environment Partnership (E5P) will help Ukraine attract EUR 137.5 million for energy efficiency projects. “The E5P size for Ukraine is EUR 137.5 million, which can be used along with loans from international financial institutions to…
Deputy Minister of Foreign Affairs of Ukraine (CDTO) Dmytro Senik presented the economic potential of Ukraine to the leadership of the Oman Chamber of Commerce and Industry. “The visit of the Ukrainian business mission to the Sultanate of Oman, which began on December 6, is provided by the Exporters and Investors Council (EIC) under the…
In November, 1,429 new commercial vehicles were purchased and registered on the Ukrainian market, up 1.5-fold YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom). Citroen vehicles experienced the biggest demand in November. Ukrainians purchased 272 commercial vehicles of this brand, up almost 3-fold. The second in terms of sales was Renault (234 vehicles…
In 2022, UAH 140 billion or 9.4% of all expenditures of the state budget will be invested in Ukraine’s economic development, Prime Minister Denys Shmyhal has written on Facebook. “It is also worth noting that over the past ten years, no budget has been provided for such a volume of capital expenditures as it will…