Almost half of Ukrainians entrepreneurs (48%) of micro-, small- and medium-sized businesses surveyed by the Union of Ukrainian Entrepreneurs (UUE) consider it necessary to ease restrictive measures after the end of the coronavirus quarantine set in Ukraine until April 24. At the same time, 33% of respondents believe that it will be better to find…
The Cabinet of Ministers at its extraordinary meeting approved a resolution prohibiting buckwheat exports until July 1. “The regulation introduces a temporary regime – until July 1 – the regime of licensing and quotas for the export of buckwheat and hulled buckwheat grain (without bran covering). In particular, a zero quota has been set for…
Ukraine’s imports of natural gas rose to 2.7 billion cubic meters in the first quarter of 2020, up by 76% YoY, according the LLC Operator of the Gas Transmission System of Ukraine (OGTSU). In particular, Ukraine’s imports from Slovakia amounted to 1.9 billion cubic meters (+99%), Hungary – 0.5 billion cubic meters (+58%) and Poland…
The deficit of Ukraine’s foreign trade in goods and services in January and February amounted to $590 million, which was half the figure reported in the same period of 2019. As the National Bank of Ukraine (NBU) said on its website, the deficit of foreign trade in goods over this period decreased by 29%, to…
The State Food and Grain Corporation of Ukraine (SFGCU) is launching flour production at four of its own enterprises to cover demand on the domestic market during the quarantine period. “SFGCU is ready to work on ensuring the country’s food security during the quarantine period amid the fight against COVID-19. As early as this week,…
In January-March, 20.3 thousand new passenger cars were registered in Ukraine, up by 11% YoY, according to the Ukrainian Motor Vehicle Manufacturers Association, UkrAutoProm. At the same time, the number of new passenger cars registered in March decreased by 15%, to 6,244 units. In March, Renault cars had the largest demand, with 1,222 cars registered.…
Prime Minister of Ukraine Denys Shmyhal argues that the government is considering options for weakening restrictive measures set up to flatten the curve of coronavirus spread to restart the economy. At the same time, he admitted this would depend on the dynamics of the spread. “We’re very well aware that many people, the majority of…