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…
In Cherkasy region, 74% of sugar beets were harvested in all categories of farms. This is reported by the Agricultural Department of Cherkasy Regional State Administration. The sugar beets were harvested from the area of 7.1 thousand ha (74% of the sown area) with the average yield of 374,2 hundredweights/ha. (Ukrsugar/Business World Magazine)
Consumer inflation in Ukraine accelerated to 2.6% in annual terms in October (from 2.3% in September). Prices rose by 1.0% in monthly terms, according to the press service of the National Bank of Ukraine (NBU). “Actual consumer inflation corresponded to the trajectory of the forecast published in the October Inflation Report. The weakening of the…
Prime Minister Denys Shmyhal says the deficit of Ukraine’s national budget is one of the lowest indicators in Europe. “When today we take European countries and see what deficits in developed economies, in neighboring countries are, then Ukraine has one of the lowest budget deficits. This year, 7.5% is one of the lowest indicators in…