In January-October, Ukraine’s construction output grew by 1.9% YoY, according to the data provided by the State Statistics Service of Ukraine. Ukraine’s total volume of construction products reached UAH 140.9 billion. Of this amount, new construction accounted for 37.6%, repairs (major and maintenance) totaled 34.8%, reconstruction and technical re-equipment – 27.6%. In particular, residential buildings…
The average electricity price in Ukraine in the second quarter was higher than in European Union member states. That is according to the European Commission’s Quarterly Report on European Electricity Markets. It particular, over the period under review, the highest electricity rates in Europe were registered in the Burshtynska Energy Island – the area of…
Head of Ukraine’s state-run Ukroboronprom Concern Ihor Fomenko says missiles and radars are the most popular Ukraine-made weapons sold abroad. “These are the Skif, Stugna and Corsar missile systems, which are very popular. Ukrainian radar systems, missile systems, spare parts for aviation equipment are also popular abroad. These are missile launchers for the Navy of…
Finance Minister Serhiy Marchenko says the increase in the minimum wage of Ukrainian citizens to UAH 6,500 ($229), scheduled for July 1, 2021, is postponed until December 1, 2021. “This is explained by the fact that such shock infusions into the economy affect inflation. We discussed the issue with our partners and decided to postpone…
The Finance Ministry of Ukraine expects that the state budget for 2021 will be approved until mid-December, Finance Minister Serhiy Marchenko has said. “This year, the delay in adoption of the state budget is impossible for one simple reason, that we have a session this week and another one in mid-December,” he said. He has…
The total amount of deposits of individuals in banks-participants of the Deposit Guarantee Fund of Ukraine amounted to UAH 575.66 billion as of November 1, according to the Fund’s press service. “As of November 1, the total amount of deposits of individuals (including private entrepreneurs) in banks-members of the Deposit Guarantee Fund amounted to UAH…
During a working trip to Dnipropetrovsk region, President Volodymyr Zelensky inspected the construction of a southern bypass road around the city of Dnipro, which was being carried out within the framework of the Great Construction national program. Implementation of the project provides for the construction of a road with a total length of 7.1 km…