Investments in the construction of a multifunctional e-sports arena with a capacity of 10,000 people in Kyiv will amount to $40 million, the co-founder of the Ukrainian multi-gaming e-sports organization Natus Vincere (NAVI), the founder of the DreamTeam gaming platform, Oleksandr Kokhanovsky, has said. “We plan to build a multifunctional e-sports arena for $40 million,…
Ukraine and Spain have discussed expanding cooperation in investment, energy efficiency, renewable energy sources, transport infrastructure and tourism, the press service of the Ministry of Economic Development, Trade and Agriculture of Ukraine has reported. These issues were discussed during a meeting between Deputy Minister of Economic Development, Trade and Agriculture and Ukraine’s Trade Representative Taras…
On September 9, beet-receiving station of Yaresky Sugar Refinery, a part of “Astarta-Kyiv” structure, began receiving raw materials. The first sugar beets came from the fields of Dovzhenko Agricultural Company. “The 2020 sugar beet-processing season has almost started, our sugar factory is launching in a few days”, the company noted. “Astarta” combines 5 regional subdivisions:…
Consumer inflation in Ukraine in August decreased by 0.2% MoM, according to the State Statistics Service. Consumer prices in August decreased by 0.2% compared to July, but increased by 1.2% compared to December 2019 and by 2.5% compared to August 2019. In general, in January-August, prices on the consumer market rose by 2.4% YoY. Core…
Infrastructure Minister Vladyslav Kryklii says the construction of a new airport in Zakarpattia region provides for up to UAH 4 billion ($144.1 million) in investment, while the runway will be built at the expense of the state and the terminal – for private investor’s money. “The Cabinet of Ministers made a decision to allocate UAH…
UAH 163.78 billion as capital investment was attracted to Ukraine’s economy in the first half of 2020, down by 30% YoY, State Statistics Service reported. In particular, UAH 63.26 billion was attracted to industry (-37.2%); UAH 20.68 billion to construction (-22.9%); UAH 14.54 billion to agriculture, forestry and fisheries (-44.5%); UAH 13.31 billion to wholesale…
JSC Oschadbank will join the Deposit Guarantee Fund from January 1, 2021 after introducing appropriate changes to the Ukrainian legislation, according to the Finance Ministry. The plan on Oschadbank’s joining the Deposit Guarantee Fund was approved at a regular meeting of the Financial Stability Council on September 2. According to the ministry, due to a…