The Ukrainian government’s investment promotion office UkraineInvest will hold an online international conference for investors on December 11. “On December 11, the first annual international conference ‘Ukraine: Investment Harbor in the Time of Change’ will be held, organized by the government’s investment promotion office UkraineInvest,” reads a report posted on the Government portal. The event…
In Vinnytsia region, agricultural enterprises of all categories, as well as sugar factories have completed sugar beet harvesting campaign. According to the results of the season, 1.85 million tons of sugar beets were harvested from 48.5 thousand hectares – 100% of the total area. According to the director of the department of agro-industrial development, ecology…
If the Ukrainian government introduces a full lockdown across the country, the drop in GDP in the fourth quarter of 2020 will amount to 3.7%, not 7% as predicted. Thus, stricter quarantine’s blow on the economy will not be too devastating, economist with the Ukraine Economic Outlook, Mykhailo Kukhar, has declared. The fall in GDP…
The minimum wage in Ukraine will rise to UAH 6,000 from January 1, 2021 and to UAH 6,500 from December 1, 2021, Ukrainian Prime Minister Denys Shmyhal said at a government meeting on December 2. “The minimum wage, as promised, will rise to UAH 6,000 from January 1. The increase in the minimum wage to…
First Deputy Minister for Strategic Industries of Ukraine Valeriy Ivashchenko and Deputy Defense Minister of Brazil Marcos Rosas Degaut Pontes have signed a memorandum of understanding. Vice Prime Minister of Ukraine – Minister for Strategic Industries Oleh Urusky noted that he considered cooperation between Ukraine and Brazil as complementary, because both countries had something to…
The Ukrainian government is working to open 33 new markets for a range of Ukrainian products. That’s according to a statement by the State Food and Consumer Service. “In the near future, the opening of the following markets is expected: Canada – poultry meat; the People’s Republic of China – fish and fish products, feed,…
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…