The National Bank of Ukraine (NBU) has advised banks to close on non-working days their branches located in large shopping centers and buildings that are closed during a weekend lockdown, NBU Governor Kyrylo Shevchenko has said on Facebook. He stressed that the central bank had not imposed any restrictions on the work of financial institutions…
The most promising areas for investment in Ukraine are the agri-industrial complex, energy, infrastructure, as well as the areas where Ukraine has a competitive advantage, including IT, Prime Minister of Ukraine Denys Shmyhal has said, addressing the 17th Vienna Economic Forum – Vienna Future Dialogue 2020. “This is especially relevant in a pandemic when Ukraine…
The National Bank of Ukraine (NBU) has approved the candidates to the posts of heads of JSB Ukrgasbank and JSC OTP bank, the central bank’s press service reports. “On November 12, the National Bank of Ukraine approved the candidacy of Andrii Kravets for the position of chairman of the Management Board of Ukrgasbank and the…
Regular flights between Ukraine and Montenegro on the Kyiv-Podgorica route will be launched on December 1. This was officially confirmed during a meeting of Ukraine’s Charge d’Affaires in Montenegro Nataliia Fiialka and Ukrainian Consul in Montenegro Mykhailo Shmatov with CEO at JSC Airports of Montenegro Danilo Orlandic. Flights will be operated by Windrose Airlines. Tickets…
The Ukrainian IT industry lost $199 million in revenue in the second and third quarters of 2020 as it had been hit by the COVID-19 pandemic and quarantine-related curbs. This is seen from findings of a study conducted by the Better Regulation Delivery Office (BRDO). The main factors include: reduced demand for services due to…
Ministries have failed to fulfill the state defense order for the current year and tasks to reform the country’s military-industrial complex, Secretary of the National Security and Defense Council (NSDC) Oleksiy Danilov has announced during an interdepartmental meeting on the development of the defense industry and the implementation of the state defense order to meet…
Ukraine’s Ambassador to the State of Qatar Andrii Kuzmenko has held a meeting with H.E. Mohammed Bin Ahmed Towar Al Kuwari, Vice-President of Qatar Chamber of Commerce and Industry (QCCI). During the meeting, the parties discussed the state of bilateral trade and economic cooperation and prospects for its expansion. They also outlined possible joint actions…