Ukraine: Nova Poshta International renamed

Nova Poshta International (NPI), a member of the Nova Poshta group of companies, has changed its name to Nova Poshta Global (NPG), according to the company. “Such changes have occurred so that the name conveys a deeper meaning of the entire activity and strategy of Nova Poshta Global, the worldview of its employees. We help…

Ukraine: UIA operates cargo flights delivering medical supplies

Despite the embargo on commercial passenger flights, Ukraine International is operating cargo flights delivering medical supplies and humanitarian relief shipments. Since April 13, Ukraine International has operated eleven cargo flights from China to Ukraine, Italy, Israel, Poland, France and Germany. The carrier expects to operate another ten humanitarian flights in the next two weeks. The…

Ukraine: coronavirus affects real estate market

InCo home, one of the leading investment companies in construction and real estate industry, said the primary real estate market in Ukraine in January-March lost 15% of sales. “In January-March, sales with regard to 20 new residential complexes, where the company invested, reached a total of 15,000 square meters. Last year, it was 17,500 square…

Ukraine: farm machinery exports down in 2019

Exports of Ukraine-made agricultural machinery in 2019 shrank by almost 10% YoY, say experts with the National Scientific Center “Institute of Agrarian Economics”. “Ukraine’s export opportunities with regard to the main types of agricultural equipment are traditionally significantly lower than import ones. However, supplies from foreign countries in 2019 declined critically, that is, by 9.4%,…

Ukraine: buckwheat imports up in Q1 2020

Ukraine’s buckwheat imports reached UAH 115 million in January-March, up 6.5-fold YoY, according to the State Customs Service. “At the same time, buckwheat exports have significantly decreased, which means its stocks will be enough for everyone,” the State Customs Service wrote on its Facebook page. (Ukrinform/Business World Magazine)