Ukraine: National Bank registers new payment system

The National Bank of Ukraine (NBU) has registered a new domestic payment system, the central bank’s press service has reported. “The National Bank of Ukraine agreed the rules and registered the domestic payment system Lime Money,” the report says. The payment organization of the domestic payment system Lime Money is Smart Finexpert LLC (Mykolaiv). Lime…

Ukraine: exports to Canada up in Q1 2019

In the first quarter of 2019, exports of Ukrainian goods and services to Canada amounted to $41.9 million, up by 48.8% YoY, the press service of the Economic Development and Trade Ministry wrote on Twitter. In particular, over the reporting period, Ukraine’s exports of goods to Canada made up $27.2 million, up by 62.4%. The…

Ukraine: conditions to boost economic growth named

First Deputy Prime Minister of Ukraine, Minister of Economic Development and Trade Stepan Kubiv says Ukraine demonstrates strong economic growth, but to significantly accelerate its pace, the government should ensure the opening and liberalization of markets for the entry of private capital in a number of key sectors. “For economic growth to be more dynamic,…

Ukraine: UIA launches combined aircraft + bus service

On July 1 Ukraine International Airlines in cooperation with JSC “Atass-Borispol” launched intermodal transportation between Vinnytsia and Boryspil International Airport. Through tickets are available on UIA website, at UIA ticket offices, and authorized travel agencies. The UIA combined services connecting Vinnytsia and Kyiv are operated daily on Neoplan buses. Buses depart from Terminal D, Boryspil…

Ukraine: Lviv International Airport passenger flow on international flights up in June 2019

Lviv Danylo Halytskyi International Airport serviced 227.4 thousand passengers in June, up by 30.8% YoY, according to a report posted on the airport’s official Facebook page. In June the number of passengers serviced on international flights totaled 208.8 thousand (+34.9%), and on domestic flights – 18.6 thousand (-2.1%). The number of flights over the reporting…

Ukraine: NBU chooses 14 systemically important banks

The National Bank of Ukraine (NBU) has identified 14 systemically important banks in accordance with the updated methodology, the central bank’s press service has reported. “The National Bank has determined the list of systemically important banks in accordance with the updated methodology. The new methodology has significantly expanded the number of such banks,” reads the…

Ukraine: national debt down in May 2019

The volume of public and publicly guaranteed debt of Ukraine in May decreased in dollar terms by $1.44 billion, or by 1.8%, to $78.4 billion, the Ministry of Finance reports. In the hryvnia equivalent, public debt for the said period was down by UAH 18.36 billion, or by 0.9%, to UAH 2.106 trillion. According to…

Ukraine: Kyiv receives new trolleybuses of local make

Bogdan Motors Corporation began shipping trolleybuses as part of a contract with Kyivpastrans Municipal Enterprise, the company’s press service has reported. “Kyiv has already received two of 55 19-meter Bogdan T90110 trolleybuses,” the report says. The corporation intends to fulfill the contract before the end of this year. At present, over 200 Bogdan trolleybuses are…

Ukraine: industrial output up in May 2019

The volume of Ukraine’s industrial production grew by 1.6% in May compared with the relevant month last year, the Economic Development and Trade Ministry wrote on Facebook. “The Ukrainian industry continues to grow steadily! Thus, in May the volume of industrial production increased by 1.6% compared to the relevant period last year. The following industrial…

Ukraine: gas stocks up since start of injection

Natural gas reserves at the Ukrainian underground storage facilities (USFs) after the completion of the heating season (April 5) increased by 48.5%, to 13.002 billion cubic meters. That’s according to the data provided by Ukrtransgaz, the state-owned operator of the gas transmission system of Ukraine. As of June 22, gas reserves at USFs are 21%…