Ukraine: Air Force gets modernized MiG29 fighter

The Lviv State Aircraft Repair Plant SE, a part of the Ukroboronprom Group, has handed over to the military another upgraded MiG-29MU1 fighter jet. That’s according to the plant CEO Dmytro Matrunchyk, Ukroboronprom’s press service reports. “On the eve of Ukraine Defender Day, the enterprise launched test flights of another modernized MiG-29MU1 jet,” the official…

Ukraine: President Zelensky invites British investors

President of Ukraine Volodymyr Zelensky has invited representatives of British financial circles to invest in Ukraine. During his official visit to the United Kingdom, President Volodymyr Zelensky visited the London Stock Exchange, the world’s oldest stock exchange. He also met with its leadership and Lord Mayor of the City of London William Russell. Zelensky said…

Ukraine: GDP to decline by 6% in 2020

Ukraine’s gross domestic product will decline by about 6% in 2020, according to preliminary forecasts of the National Bank of Ukraine (NBU), NBU Governor Kyrylo Shevchenko has said. “We estimate that the economy will shrink by about 6% until the end of the year,” Shevchenko said. According to him, there are several forecasts for GDP…

Ukraine: about 2,500 German companies operating in the country

Prime Minister of Ukraine Denys Shmyhal and representatives of the German Committee on Eastern European Economic Relations discussed ways to improve the investment and business climate between Ukraine and Germany, infrastructure projects, energy efficiency initiatives and digitalization, according to the Ukrainian government’s press service. “We appreciate the contribution of German business to the development of…