The State Road Agency of Ukraine (Ukravtodor) has hosted a meeting of the delegation of German experts on infrastructure development chaired by Rainer Bomba, the former State Secretary at the Federal Ministry of Transport and Digital Infrastructure of Germany. “Ukraine has ambitious plans backed by record funding and a clear action plan. We attract funds…
Ukraine’s agricultural products imports from the European Union in 2019 were estimated at $3.13 billion, which accounted for more than 50% of the country’s food imports in monetary terms. “Shipments from Europe in monetary terms grew from $2.695 billion in 2018 to $3.133 billion in 2019. For the first time over Ukraine’s independence, the share…
$10 billion in direct investment in the Ukrainian villages by 2024 will contribute to the creation of high well-being standards and comfortable living conditions for rural residents. Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov said this at the meeting of the Verkhovna Rada Agrarian Committee during the presentation of the report on progress…
The Cabinet of Ministers has decided to strengthen the responsibility of distribution system operators for abuse on the electricity market, Ukrainian Prime Minister Oleksiy Honcharuk has said. “We are strengthening the responsibility of natural monopolies for abuse on the electricity market. In Ukraine, distribution system operators (that is, the same “natural monopolies”) often abuse their…
The average salary in Ukraine in 2019 was UAH 9,205, the State Property Fund reported on its Facebook page. “The average salary for 2019 is UAH 9,205.19,” the report reads. The State Property Fund approved the average wage for December 2019, which, according to the law of Ukraine on compulsory state pension insurance, was taken…
An additional one million legal jobs will be created in Ukraine in the next five years, Minister of Economic Development, Trade and Agriculture of Ukraine Tymofiy Mylovanov has said. “The government is ready to legalize labor in Ukraine. We look at neighboring countries, where each industry has its own rules, for example, official hourly wages.…
In 2019, Ukrainian transport companies increased passenger turnover by 3.3% YoY, according to a report on the implementation of the program of activities of the Cabinet of Ministers of Ukraine. “Passenger traffic continued to grow (3.3% against 5.1% in 2018) due to the stable development of air transport in the context of the liberalization of…