Exports of goods from Ukraine in monetary terms in July and August kept growing as compared to the previous months. That’s according to Taras Kachka, Deputy Minister for Development of Economy, Trade and Agriculture, who is also the country’s Trade Representative. “Our exports have been growing for two consecutive months. July was slightly better than…
Some 235 kilometers of state roads and a hundred kilometers of local roads will be reconstructed and built in Poltava region this year, according to President Volodymyr Zelensky. He said this during his trip to Poltava region where he got acquainted with the overhaul of the M-03 Kyiv-Kharkiv highway within the city of Poltava as…
President Volodymyr Zelensky says airports could be built and repaired in all important points across the country within two to three years. During his working visit to Poltava region, Zelensky said the effort would be part of the wider “Big Construction” project announced earlier. The head of state noted that the Poltava Airport was out…
Ukrainian Locomotive Building Company LLC plans to occupy up to 10% of freight rail traffic in Ukraine over the next five years, Technical Director of the company Volodymyr Krot has said. “I think that the nearest ambitions of our company, which can be set for ourselves, are up to 10% of the freight rail transportation…
Ukrainian state banks in the first half of 2020 wrote off non-performing loans (NPLs) worth UAH 26 billion at the expense of reserves and restructured such loans worth UAH 2.6 billion, the Ministry of Finance reported. To reduce the share of NPLs, state-owned banks also filed 29,000 new claims to collect debts for a total…
President of Ukraine Volodymyr Zelensky has signed a law on raising the minimum wage in Ukraine, approved by the Verkhovna Rada at an extraordinary meeting on August 25, according to the president’s website. The document provides for an increase in the minimum monthly wage and its establishment at the level of UAH 5,000 from September…
Kirovohrad region has a strong potential and should develop the transport sector, food industry, mechanical engineering, instrument engineering, IT, as well as land resources. “Kirovohrad region has a favorable geographical location and, therefore, good transport potential. It has very fertile lands and mineral resources, has a future in the food industry, mechanical engineering, instrument engineering…