The Rivne Regional State Administration and Chinese Powerchina have signed a memorandum on the development of Rivne International Airport, according to the administration’s press service. “Chinese investors are interested in Rivne International Airport. The relevant memorandum was signed by Head of the Rivne Regional State Administration Vitalii Koval, Chairman of the Regional Council Oleksandr Danylchuk…
Ukrainian airline Jonika will launch direct flights from Odesa to Athens (Greece) from April 24, the airline’s press service has reported. “The airline will perform the first direct flight en route Odesa-Athens-Odesa on April 24. Free checked baggage allowance is 25 kg in the economy class and 32 kg in business plus up to 7…
The EU will assist Ukraine in developing renewable energy and energy efficiency, European Commissioner for Energy Kadri Simson has stated. “After negotiations on gas transit, Ukraine can focus on the energy of the future, in particular on the development of renewable energy and energy efficiency. The EU will provide its support,” Simson said during a…
Passenger flow at Igor Sikorsky Kyiv International Airport (Zhuliany) decreased by 6.9% in 2019 compared to the previous year, the press service of the airport wrote on its Facebook page on January 13. The total number of passengers serviced by the airport last year made up 2.618 million, including 2.559 million passengers on international flights.…
Ukraine plans to export 54 million tons of grain in the current marketing year, the press service of the Ministry of Economic Development, Trade and Agriculture of Ukraine has reported. “According to the ministry’s estimates, this year’s grain harvest amounted to about 75 million tons, 54 million tons of which will be exported to foreign…
In 2019-2020 MY Ukraine produced 1.48 million tons of sugar, down by 19% YoY. “In total, there were 33 sugar refineries in operation, which processed 9.84 million tons of sugar beet – almost a third less than in the previous year. As we can see, a significant reduction in the amount of raw materials caused…
The National Bank of Ukraine (NBU) has stated it may lower the discount rate to 8%, if the economic situation remains stable in Ukraine. “If the macroeconomic situation does not change dramatically, the discount rate may be 8%. We previously planned to reduce it to this level in 2021. However, we see now the prerequisites…