The Ukrainian Railways Company (Ukrzaliznytsia) will develop intermodal rail shipments inside Ukraine and then in East European and Baltic countries. Within the framework of the project, it is projected to increase the throughput of the railway station Odesa-Port and develop railway infrastructure of the Odesa seaport. A respective memorandum has been signed by Ukrzaliznytsia, Germany’s…
The Ministry of Infrastructure of Ukraine is currently drafting the aviation strategy and plans to complete it until the end of autumn. “Now we are working on aviation strategy. Soon we will start to promote this process very actively with large consulting companies. I think that by the end of autumn we will have the…
Ukraine’s state-owned banks turned a profit of UAH 16.2 billion in January-June, down by UAH 3.4 billion YoY, the Ukrainian Finance Ministry’s press service reported. The profit of public sector banks in the first half of 2020 shrank by 17% (UAH 3.4 billion) primarily due to an increase in spending on the formation of banks’…
In July, consumer prices in Ukraine decreased by 0.6% MoM, according to data provided by the State Statistics Service. Consumer prices in July against June decreased by 0.6%; against December 2019 increased by 1.4%; against July 2019 – by 2.4%. In total, in January-July, consumer prices increased by 2.4% YoY. Core inflation in July was…
President of Ukraine Volodymyr Zelensky has formed a delegation to take part in negotiations with the Republic of North Macedonia on revision of the free trade agreement. The corresponding decree was signed by the Head of State on August 10. “The document, in particular, approves the new composition of the Ukrainian delegation led by Deputy…
Sales of electric vehicles in Ukraine in July decreased by 6% YoY, to 799 units. The negative dynamics was obviously caused by confusion in the legislation, which became the result of a change in the system of codification of goods, the Ukrainian Association of Automobile Manufacturers Ukrautoprom said on Telegram. “On June 4, the Verkhovna…
The share of cashless payments in Ukraine in January-June increased by 5.7% YoY, to 55.1%, and the total number of cashless transactions rose by 4.1%, to 86.1% (3.36 billion), according to the website of the National Bank Ukraine (NBU). According to the NBU, the total number of transactions (non-cash and cash withdrawals) using payment cards…