In 2020, Odesa International Airport provided air services to almost 700 thousand passengers, down by 58% YoY, the airport’s press service reported. “9,332 flights were serviced,” reads the report. The airport management explained that passenger traffic decreased sharply due to the introduction of quarantine measures in Ukraine to combat the spread of the COVID-19 pandemic.…
In 2020, the volume of loans provided by JSB Ukrgasbank to small and medium-sized businesses rose by 50% (or UAH 2.5 billion) and amounted to UAH 7.7 billion, the bank’s press service reported. “Last year, Ukrgasbank paid special attention to lending to small and medium-sized businesses, which suffered the most from the pandemic and quarantine…
Prime Minister Denys Shmyhal has said that the Ukrainian government aims to raise the average salary in Ukraine to the level of Poland or Slovakia until 2030. “In December 2020, real salaries increased by 10% YoY and amounted to UAH 14,200. The most important task set by the Government is to raise average salaries until…
Ukrainian exporters, interested in entering the Egyptian markets, will benefit significantly from the establishment of joint ventures with localization of production in this country. “The establishment of joint ventures and the organization of production in the territory of Egypt can provide Ukrainian companies with access to a market of 1.3 billion consumers with a total…
Ukraine and Moldova held the first round of negotiations on amendments to the intergovernmental Free Trade Agreement (FTA) on January 28. Ukraine and Moldova started drafting a Protocol between the Cabinet of Ministers of Ukraine and the Government of the Republic of Moldova on amendments to the Free Trade Agreement and agreed on a number…
The average nominal salary of Ukrainians in December 2020 was 15.6% higher than the one they received in December 2019 and amounted to UAH 14,179, the State Statistics Service reported. The average nominal salary of a full-time employee of enterprises, institutions and organizations in December 2020 amounted to UAH 14,179, which was 2.8 times higher…
Ukraine in cooperation with Lithuania will increase container transportation and plan to liberalize the conditions of bilateral and transit transportation. “Increase in container transportation is one of the key priorities of cooperation with Lithuania,” Vladyslav Kryklii said after a video meeting with Minister of Transport and Communications of the Republic of Lithuania Marius Skuodis. The…