In the three quarters of 2019 Ukrainian banks received UAH 48.35 billion in net profit compared to UAH 10.9 billion over the same period last year. UAH 27.4 billion – over half of this financial result – accounts for PrivatBank, the press service of the National Bank of Ukraine reports. In general, the bank revenues…
Ukraine is to build four toll roads. In particular, Ministry of Infrastructure is developing projects for four roads that will work on concession terms, namely Lviv-Stryi, Kyiv-Bila Tserkva, Lviv-Ternopil, and Lviv-Krakovets, along with projects of ports, airports and train stations. “We, together with the World Bank, have already begun preparations for the concession of roads.…
The National Bank of Ukraine (NBU) bought $90 million on the interbank forex market from October 21 to October 25. This is three times more than during the previous week, the NBU said on its website. The NBU said it did not sell foreign currency last week. As a result of the recent purchases, the…
Ukraine International optimizes the hub at Boryspil International airport with due regard to such factors as demand fluctuations, connecting traffic dynamics, Ukraine’s economic forecast, and the inability to use the Russian airspace. Flight program is being axed due to the need to optimize the airline’s costs and bring it back to the profit zone. The…
Ukrainian Prime Minister Oleksiy Honcharuk says the Cabinet of Ministers has set a goal for Ukraine to get within the next three years into the top-10 of the Doing Business international ranking. “This is a very low spot (64th) for Ukraine. Our state has enormous potential and can even be in the top-10. This is…
Natural gas stocks in Ukraine’s underground storage facilities (USFs) have increased 2.5-fold, to 21.683 billion cubic meters since April 5, when Ukraine started the season of pumping natural gas into storages. As of October 26 gas reserves in the country’s USFs were up by 27% YoY. The USFs are now filled by 70%, according to…
According to conservative estimates, the gambling revenues in Ukraine may reach UAH 5-9 billion. “According to our conservative estimates, gambling revenues of UAH 5-9 billion are a resource that can be fully mobilized if everything works out,” Finance Minister of Ukraine Oksana Markarova said. Under the gategory of gambling, normally includes online gambling that greatly…